SEOUL, Oct. 12 (Korea Bizwire) – The Araon, South Korea’s lone icebreaking research vessel, has returned from a 78-day Arctic expedition with compelling evidence of climate change’s impact on the region. The ship docked at Gwangyang Port on September 30, concluding a journey that revealed diminishing sea ice and the surprising presence of squid in northern [...]
SEOUL, Sept. 26 (Korea Bizwire) — South Korean low-cost carrier T’way Air Co. said Thursday it has signed a deal with global aircraft leasing firm Avolon Holdings Ltd. to introduce A330-900 Neo aircraft units manufactured by Airbus. The agreement calls for Avolon to lease five A330-900 Neo units to T’way Air sequentially starting in 2026. [...]
GUNSAN, Jun. 20 (Korea Bizwire) – The city of Gunsan in South Korea is gaining recognition as the nation’s craft beer capital, drawing attention to its upcoming Gunsan Brews & Blues Festival. The event showcases Gunsan’s unique approach to brewing, utilizing locally produced malt from start to finish – from cultivating the grains to fermenting the [...]
TURIN, Italy, June 18, 2024 (Korea Bizwire) – The Cluster Yachting Monaco turns 10. Over 150 people attended the anniversary celebration, before HSH Prince Albert II, president of the Yacht Club de Monaco, who congratulated members for the work they do to promote the Monegasque yachting sector. “This initiative has become a reality. You are ambassadors of [...]
GIMPO, May 24 (Korea Bizwire) – The city of Gimpo in Gyeonggi Province will host a whimsical Duck Race using rubber ducks next month, officials announced on May 23. The family-friendly event, slated for June 2 near the Ara Marina waterfront in Gochon-eup, will see the iconic bathtime toys released into the current to float downstream [...]
DAEJEON, May 21 (Korea Bizwire) – In a groundbreaking development, South Korean researchers have created a soft, biocompatible medical robot capable of real-time monitoring within the body before harmlessly dissolving upon completing its mission. According to the National Research Foundation of Korea, a joint research team led by professor Go Gwangjun from Chosun University, the Korea [...]
SEOUL, Mar. 13 (Korea Bizwire) – In an effort to boost national defense capabilities against the escalating threat of drone-related incidents, South Korea’s Ministry of Science and ICT; the Ministry of Land, Infrastructure, and Transport; and the National Intelligence Service have come together to establish dedicated anti-drone training facilities. This initiative was formalized through a Memorandum [...]
NEW YORK, Jan. 03, 2024 (Korea Bizwire) – CertiK, the industry leader in blockchain security, today announced the release of its annual flagship publication. Hack3d: The Web3 Security Report for 2023 is a comprehensive report that offers an unprecedented deep dive into the security incidents, vulnerabilities, and trends that have defined the landscape of blockchain [...]
SEOUL, Dec. 12 (Korea Bizwire) – In a concerning trend, mortgage delinquency rates among homeowners in their 20s and below are surging, far outpacing other age groups. Young adults who have recently entered the workforce are finding themselves trapped in high-interest mortgages, leaving them struggling to make the monthly payments. According to data obtained by National [...]
SEOUL, Nov. 23 (Korea Bizwire) – A mushroom native to Ulleungdo that has already been confirmed to have anti-cancer and antioxidation effects has now been discovered to possess anti-inflammatory properties as well. The National Institute of Biological Resources (NIBR) announced on Wednesday that a mushroom native to Ulleungdo, the “small yellow polyporus varius mushroom,” first identified [...]