Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA). As major importing regions—including …
South Koreans are not cleaning their plates of fermented cabbage and spicy octopus, so the government is calling in foreigners for help. Residents of South Korea, Asia's fourth largest economy, produce more than 13,000 tonnes of food waste a day, a figure that has been rising about 3 per cent …
A signing ceremony for Patrind hydropower IPP project of 150 MW capacity worth 331 million dollars was held in Seoul on Thursday. Ministry of Investment Secretary Tariq Iqbal Puri attended the ceremony where the consortium of K-water, Sambu Construction and Daewoo E&C; signed the agreement. Vice-Chairman of Al-Ghurayr Group Essa …
The South Korean government has said it has found cancer-causing chemicals in 79 products made for babies and children. The confirmation comes after inspectors checked 534 products sold by large discount outlets, specialised toy shops, and online shopping malls, the Korean Agency for Technology and Standards (Kats) said. The agency …
North Korea said Wednesday that it would start a uranium enrichment program, declaring for the first time that it intended to pursue a second project unless the United Nations lifted sanctions. Calling the United Nations Security Council
High food prices fueled a land-buying spree in developing nations, particularly in Africa, by countries and private investors wanting to assure food supplies for themselves, a think tank said on Wednesday. The International Food Policy Research Institute said 15 million to 20 million hectares of farmland in poor nations were …
South Korea has offered at least 5,400 job opportunities for Sri Lankan migrant workers in 2009. A spokesman for the Foreign Employment Bureau (FEB) said that Sri Lanka received at least 4,300 jobs last year. However, the spokesman said that the number of job opportunities available for foreigners in South …
The global economy is undergoing a major shift. For a nation to be competitive it must strengthen its research agenda, become innovative, strengthen and protect its intellectual property, and find resources for the continuing education of its citizens.
World leaders at the G20 summit disappointed environmental groups on Thursday who said their commitment to fight climate change had been vague. The leaders reaffirmed a previous commitment to sign a U.N. climate deal this year, a step the U.N. climate-change chief said was useful, though action would be better. …
Dhaka has completed the groundwork for negotiating nuclear power deals with Russia, South Korea, China and France aimed at the construction of two medium-sized 600MW nuclear power plants by 2017, officials said. Dhaka holds talks with a Russian delegation today to know of Moscow
The global meltdown led to expectations governments would use money to reinvent economies for climate change. The plan was simple: spend obscene amounts of public money in infrastructure and other projects, to stimulate national economies. If this money got spent on all those things which would improve the environmental sustainability …
A South Korean energy development firm has signed an agreement with the Pakistan government for a stake in a coal mine in the Thar desert region, the firm said on Monday. South Koreas Pan Energy Development Co (PEDCO), with UAEs Bin Din Group, had secured the stake in coal blocks …
The World Bank (WB) and Government of South Korea will be providing funds for supplying 100 million gallons water (MGW) per day to capital from Ghazi Brotha Dam. After approval of the project from Planning Commission, work will start soon. This was stated by Tariq Mehmood, chairman Capital Development Authority …
Economic stimulus plans being rolled out across the world could commit countries to rapid growth in greenhouse gas emissions, cancelling out some of the green initiatives included within them, analysis has found. The packages of tax cuts, credits and extra spending have been trumpeted for their environmental credentials by the …
SEOUL: Hyundai Motor Group said Sunday that it planned to invest nearly $6 billion this year, similar to 2008, and would focus on developing environmentally friendly automobiles as it eyes longer-term growth beyond the current crisis. The global auto industry is reeling under an unprecedented demand slump that has resulted …
The objections of residents over the construction and operation of waste incineration facilities has strongly influenced waste management practices in Seoul, Korea. It was found that people's impressions depended on their perception of associated risks as well as the information provided by the government. As risk perceptions differ depending on …
