SEOUL, Nov. 26 (Korea Bizwire) — New orders for ships won by South Korea’s midsized shipbuilders more than doubled in the first 10 months of the year from a year earlier after finalizing their sale deals, industry data showed. The three midsized shipbuilders — Hanjin Heavy Industries & Construction Co., STX Offshore & Shipbuilding Co. [...]
SEOUL, July 2 (Korea Bizwire) — South Korean movie theaters are moving towards a rebound this summer, as blockbusters return to local theaters amid progress in vaccinations around the globe. Movie stocks recovered much of their losses from the pandemic on expectations that several Hollywood mega-projects by Disney, Sony and Warner Bros. would roll out [...]
BUSAN, May 31 (Korea Bizwire) — A South Korean startup has come up with a solution to speed up the recovery of the natural environment damaged by disasters and accidents. Code of Nature, a startup located in the southeastern port city of Busan, developed the disaster recovery kit using moss spore cultivation. The kit artificially [...]
GYEONGSAN, March 17 (Korea Bizwire) — An elderly coronavirus patient managed to fully recover thanks to care from medical staff, and her grandson. Kim Gap-saeng, a 85-year-old woman in Cheongdo County, North Gyeongsang Province, tested positive for the coronavirus on Feb. 28 and was transferred to Pohang Medical Hospital. She fully recovered and was discharged [...]
SEOUL, Sept. 23 (Korea Bizwire) — South Korea is working Monday to recover from the impact of Typhoon Tapah, which caused dozens of injuries and the cancellation of hundreds of flights. Thirty four people, including three police and fire officials, were injured when this year’s 17th storm hit the country’s southern regions over the weekend, [...]
SEOUL, Sept. 8 (Korea Bizwire) — South Korea is working to recover Sunday from the damage caused by Typhoon Lingling, which hit the Korean Peninsula with heavy rains and strong winds the previous day. According to an anti-disaster government agency, Lingling, this year’s 13th typhoon, made landfall here Saturday, killing three people and injuring 24 [...]
SEOUL, May 15 (Korea Bizwire) — South Korea’s shipbuilding industry is showing signs of recovery after years of struggling with the global downturn, a senior financial regulator said Tuesday. Yoo Kwang-yeol, first senior deputy governor of the Financial Supervisory Service (FSS), urged shipbuilders to turn to high-end vessels, such as very large crude carriers, for [...]