SEOUL, June 16 (Korea Bizwire) – An abandoned mine area in Gangwon Province is hoping to return to its previous glory, this time as a sanctuary for endangered animals. On Wednesday June 14, the Wonju Regional Environmental Office released Parnassius bremeri butterflies, Manchurian trout, and Chinese minnows across the High1 Resort area with the help of [...]
JEONGSEON, May 10 (Korea Bizwire) – While coal mining boomed in Korea in the 1970s, with the decline in international oil prices and rapid changes in energy consumption patterns, demand decreased drastically. In the 1980s, the coal mining industry was quickly fading away. The Korean government started restructuring the coal industry in 1989. As a [...]
SEOUL, June 2 (Korea Bizwire) — “Sin stocks” of tobacco, alcohol and gambling companies have gained this year on the back of deep-pocketed Chinese tourists and low interest rates, data showed Tuesday. Thirty-six sin stocks related to tobacco, alcohol, gambling rose an average of 23.9 percent as of June 1 compared to the beginning of [...]