Articles by Shin Hyon-hee
Shin Hyon-hee
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Korea, Norway to cooperate for Arctic exploration
Korea and Norway agreed Wednesday to boost cooperation for Arctic exploration programs as Seoul looks to tap the region’s growing scientific and business opportunities.Shin Maeng-ho, chief of legal affairs at the Foreign Ministry, and Karsten Klepsvik, the Nordic country’s ambassador to the Arctic Council, discussed Korea’s application to become a permanent observer to the eight-member Arctic Council, joint research projects and related policies, the ministry said. The bilateral meeting, the fir
Foreign Affairs May 9, 2012
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GPS jamming highlights N.K. cyber war threat
A recent bout of electronic jamming signals from North Korea highlighted the growing risks of cyber warfare, which experts fear could be among its pledged “special actions” against South Korea. Hundreds of aircraft and ships have been affected by global positioning system disruptions traced to the North for the past week.The attack caused no major disasters but triggered jitters in the South over its vulnerability to Pyongyang’s increasingly sophisticated cyber capabilities. The incident comes l
North Korea May 8, 2012
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N.K. continues GPS jamming
Eletronic jamming signals emitting from North Korea have disrupted more than 250 commercial flights in and out of South Korea for more than a week, stoking concerns over public safety and further provocations by the communist state following a recent failed rocket launch. Nine Korean carriers and their nine foreign peers including Japan Airlines, Thai Airways and Garuda International experienced signal jamming with their global positioning systems between April 28 and May 6, the Transport Minist
North Korea May 7, 2012
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Powers ramp up diplomacy amid NK nuke threat
South Korea, the U.S. and China are stepping up their diplomatic efforts this week to prevent North Korea from proceeding with a third nuclear test.Satellite images of the North’s test site in the northeastern town of Punggye showed work under way last week. A Korean expert told reporters on Wednesday that Pyongyang appears to have finished its preparations.The U.S. government said Thursday it has not detected any clear signs of an imminent atomic test “other than the rumors.” Seoul and Beijing
North Korea May 4, 2012
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Seoul explores new fronts in Myanmar ties
Korean government, businesses tap resource-rich country after reformsKorea is seeking to carve out its presence in Myanmar as sweeping reforms of the former pariah state entice global powers to tap its huge resource reserves and growth potential.Despite diplomatic thorns and its limited trade with the country, Korea can capitalize on its experience of rapid industrialization and strength in construction and information technology in engaging what is called one of the next “Asian Tigers,” experts
Foreign Affairs May 3, 2012
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Foreign ministers talk Korea-Myanmar ties
The foreign ministers of South Korea and Myanmar agreed Wednesday to enhance business and diplomatic ties as Seoul seeks to scale up its presence in the former pariah state following sweeping democratic and economic reforms. Foreign Minister Kim Sung-hwan met with his Myanmar counterpart Wunna Maung Lwin and President Thein Sein during the two-day trip. Kim is the first top Korean diplomat to visit the Southeast Asian country in 27 years.“The two ministers had an in-depth discussion on the state
Foreign Affairs May 2, 2012
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New wave of consumerism is transforming marketing
As the aftershocks of the global financial crisis languish, financial market uncertainty, rising inflation and falling house values continue to suppress consumer sentiment and slash the spending capacity of Koreans. Under these circumstances, past spending filled with optimism is fading away. Consumers now search for the lowest prices on staple items. Still, they hone in on coveted products even though they may be expensive.Consumer interest is also growing in eco-friendly and socially conscious
Industry May 1, 2012
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Police investigating new dog-dragging case
Police in Busan launched an investigation Tuesday into a report that a person drove a car with a dog dragged behind it last week.A civic group called Coexistence of Animal Rights on Earth has filed a complaint with the city police after receiving a tip from a witness. Video footage shot on April 29 shows a large dog on a leash being dragged behind a city car. It has been circulated on the Internet and TV channels triggering calls against animal cruelty.“Although passing-by cars honked horns and
Industry May 1, 2012
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Forum to discuss water crisis, solutions
Around 7,000 policymakers, industry specialists and academics from some 130 countries will gather in Busan in September to seek ways to better utilize water resources and develop related technologies. The 2012 World Water Congress & Exhibition will provide a platform to foster a global network to tackle water scarcity and other challenges and devise potential solutions, organizers said Monday.“Water shortages are a big problem but also a fantastic opportunity for us to produce and export technol
April 30, 2012
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Korea aims for debt below 30% of GDP
Korea is seeking to lower its debt by more than 4 percent to below 30 percent of its gross domestic product by 2015 to boost fiscal soundness amid spiraling household borrowing and social spending. The latest roadmap for the debt sustainability of Asia’s fourth-largest economy was unveiled Saturday at a strategic meeting for national finance at Cheong Wa Dae, presided over President Lee Myung-bak and attended by ministers, other cabinet members and private experts. To that aim, the government pl
April 29, 2012
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Kangwon Land strives to be Asia’s leading resort complex
Korea’s sole casino for locals adds hotel, condo, ski slopes, convention center and water parkSpurred by its robust casino business, Kangwon Land has been striving to transform into a multiplex resort and one of Asia’s leading tourist destinations. Its decade-long efforts are now coming to fruition. In addition to bustling gambling floors, it now features two hotels, condominiums, an 18-slope ski resort, a golf course and a convention venue with a water park slated for 2015.Also known as High1 R
Industry April 29, 2012
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Resort company takes pains to give back to communities
Casino-hotel complex supports education, culture and social enterprisesSince its founding in 1998, Kangwon Land has made social contribution a key part of its agenda, reflecting its mission of perking up the regional economy.The company says its programs aim to revive lethargic former coal mining towns in southern Gangwon Province and promote co-prosperity with contractors that employ residents there.Around 20 billion won ($17.6 million) is channeled into projects including educational support,
Industry April 29, 2012
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Measures aim at traffic jams, hotel overpricing during Expo
The government said Wednesday it plans to accelerate its ongoing highway expansion work and raise the number of trains, buses and flights connecting to the Expo 2012 Yeosu to facilitate visitors’ access and minimize traffic jams. A pan-governmental task force will also be set up to clamp down on hotels and other lodging facilities that overcharge and refuse bookings, taking advantage of local and international guests in the hopes of a cash bonanza. The measures come less than three weeks before
Industry April 25, 2012
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Hyundai Heavy develops new solar cells
Hyundai Heavy Industries said Wednesday it has developed selective-emitter solar cells with a record electricity conversion efficiency of 19.7 percent, which could curtail production costs for the fast-growing energy source.The figure beat the previous record of 19.6 percent by Suntech Power Holdings, the world’s largest maker of photovoltaic panels based in Shanghai. It has also been confirmed by the Fraunhofer Institute for Solar Energy Systems, a leading think tank in Munich, the Korean shipb
Industry April 25, 2012
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POSCO to showcase green tech, environmental efforts at Expo
YEOSU, South Jeolla Province ― POSCO on Tuesday unveiled the first glimpse of its pavilion at the forthcoming Expo 2012 Yeosu that highlights the steelmaker’s efforts to spearhead green technology and shore up ecosystem dynamics. Under the theme “Living Ocean and Coast,” 106 countries and nine international organizations will showcase their diverse marine development and advancement of oceanic technology on the southern shore of the Korean Peninsula starting May 12.The world’s fourth-largest ste
Industry April 24, 2012
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