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* Date : 2013-10-11

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South Korea exports master plans for environmental businesses.
-Part 1: South Korean environmental companies that advanced abroad
Environmental pollution is a serious problem the world has to solve together. South Korea's small and medium sized companies actively engaged in businesses that enhance environment are showing stellar performance in abroad as their outstanding technologies gain recognition from overseas markets. For example, Royal Industrial Tech Corp. (RITCO) has installed a fine dust removal system in Wangfujing Station, a key political and economic downtown in Beijing, China, to improve air quality of the subway station. In addition, KC RIVERTECH Co. Ltd. is undergoing a project to improve water quality of a tide pool area in Yantai, Shandong Province, China. The city is well known for apple plantations. Under the project, the company will develop a system to reduce non-point pollutant materials by the end of this year. We take a look at their activities in China and the businesses the Ministry of Environment is supporting.




Interview
Analysis of South Korea's budget for 2014
Interviewee: Hyun Jin-kwon, Chairman of the Korean Association of Public Finance/Director of Center for Social Cohesion, Korea Economic Research Institute
After the Park Geun-hye administration announced its first budget focusing on boosting the economy, controversies surrounding the budget flared up. The controversies include a possible retreat in welfare pledges and an increase in national debt. The government's budget for 2014 was set at 357.7 trillion won, up 4.6% from this year. It expects the economy to grow 3.9% next year. It maximized spending to buoy the economy despite low tax revenue. Under the spotlight is welfare budget which was set at 106 trillion won. As a result of this, a South Korean citizen is expected to pay 5.5 million won in taxes next year, up 100,000 won from this year. We will take a look at next year's budget in detail and examine how the country's fiscal standing can be managed effectively under the increasingly difficult tax revenue circumstances.




ICT
Unmanned vehicles running on the roads
In a video clip of recently introduced Google car, a blind person goes to a restaurant and returns home in a self-driving Google car. The Google car ran 460,000 kilometers in Nevada, U.S. after solving problems related to road regulations and insurance. Self-driving vehicle is a fusion of various technologies in cars, cameras, artificial intelligence and communications. Major global automobile makers and telecommunications companies are absorbed in developing unmanned vehicles. Led by Seoul National University's College of Engineering, South Korea has also succeeded in development of unmanned vehicle under the industry-academic cooperation. Hyundai Motor Co., Electronics and Telecommunications Research Institute as well as Korea Advanced Institute of Science and Technology have earned various patents on self-driving vehicle technologies and kicked off developing vehicles completely capable of driving autonomously. We take a look at the technology of unmanned vehicle which already succeeded in a trial ride. And we predict if this can replace cars of the future.




Hidden champions
Magic Cara, sanitary and economical way to dispose of food waste
Since South Korea introduced volume based food waste fee system, food waste disposers, which enable people to easily take care of food garbage at home, gained huge popularity. Some media expect the market to surge to more than 900 billion won in 2016 from 80 billion won this year. Among food waste disposers, Magic Cara's product Smart Cara is getting the spotlight at home and abroad. The product differentiates itself from other food waste disposers as it reduces volume of food waste up to one tenth and removes bad smell through its special filters. The product controls processing time to sharply reduce power usage. Its compact design and convenient technology has won the hearts of housewives. Let's meet Magic Cara's smart and environment-friendly technology.




North Korea
English education in North Korea
A North Korean defector has recently explained to the UN about North Korea's human rights problems in fluent English. This came into the spotlight amid increasing number of North Koreans speaking English fluently. English has become socialist North Korea's second foreign language after Chinese, pushing Russian aside. Reflecting this, North Korea is focusing on improving conversational skills of its people by inviting foreign teachers from English speaking countries. So how is North Koreans' English proficiency? We explore why North Korea is focusing on teaching English which is the language of the U.S, the symbol of capitalism it frequently condemns.




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No Date Full Contents Review VOD
30 2013-10-11 Bizline #30
29 2013-10-04 Bizline #29
28 2013-09-27 Bizline #28
27 2013-09-20 Bizline #27
26 2013-09-13 Bizline #26
25 2013-09-05 Bizline #25
24 2013-08-30 Bizline #24
23 2013-08-23 Bizline #23
22 2013-08-16 Bizline #22
21 2013-08-09 Bizline #21
20 2013-08-02 Bizline #20
19 2013-07-26 Bizline #19
18 2013-07-19 Bizline #18
17 2013-07-12 Bizline #17
16 2013-07-05 Bizline #16
15 2013-06-28 Bizline #15
14 2013-06-21 Bizline #14
13 2013-06-14 Bizline #13
12 2013-06-07 Bizline #12
11 2013-05-31 Bizline #11
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