In a classroom without any students on Tuesday, a teacher gives a lecture online in a pilot project at Gosaek High School in Suwon, Gyeonggi. Education Minister Yoo Eun-hae announced Tuesday that the school year will start gradually from April 9 with online classes. [NEWS1]The opening of the 2020 school year has been further delayed, with some students starting online classes on April 9.As the country continues its battle with the coronavirus, the Ministry of Education has kept schools closed as part of nationwide prevention measures. The school year was supposed to begin March 2 and has now been delayed four times.According to the ministry, ninth and 12th graders will start online classes April 9.Kids in the fourth through eighth grades and 10th and 11th grades will start online classes on April 16. First, second and third graders will start April 20.Kindergartens will remain closed. Day care centers will too, but they will continue to offer emergency child care services.School … [Read more...] about Online classes to start on April 9
A screenshot of the e-book publisher Ridi. The start-up announced Monday it secured 20 billion won (＄16 million) in funding from the Korea Development Bank, just six months after it secured 33 billion won from a venture capital firm. [RIDI]While the economic uncertainties caused by the coronavirus outbreak are drying up investments in many start-ups, investors have been flocking to content distribution, telecommuting and online education companies.E-book company Ridi announced Monday it has received a 20 billion won ($16 million) investment from the Korea Development Bank. The announcement comes on the heels of a local venture capital firm investing 33 billion won in the online publisher six months ago. Ridi is one of the few content companies to receive more than 10 billion won in investments and secured the first mega-investment to a single company from the state-run bank. Ridi’s CEO Bae Ki-sik said the investments lay the groundwork for Ridi to experiment with new … [Read more...] about Investors see safe haven in tech
S&P Global Ratings revised outlooks from stable to negative on two Korean oil refiners, citing a sluggish global economy and weak oil prices.It changed the outlook on S-Oil to negative on Monday, forecasting a weak performance in 2020 and an uncertain 2021.“The negative outlook reflects our view that S-Oil will face significant earnings pressure with weakening financial metrics over the next 12 months given the high uncertainty in macroeconomic conditions, weak demand and volatile oil prices,” S&P said in a statement. Even before the coronavirus outbreak slowed global trade and transportation, the domestic oil industry was suffering from low oil refining margins. S&P forecast that the low margins, mainly due to weak demand for refining products, are expected to persist over the next six months. Another negative factor weighing on the company was heavy investments by S-Oil made in 2016 to 2018 on downstream petrochemical facilities, which increased the … [Read more...] about The rating outlook on two refiners lowered by S&P
The 11-bedroom, white mansion commands views over LA from its floor to ceiling windows, and sits on more than 2.5 sq km of land. It has a master suite with dual bathrooms and walk-in wardrobes, four guest bathrooms each with an ensuite, an office, a tennis court (with an airconditioned viewing area), a home theatre, a wine room, a gym, a spa suite and a pool complete with a pool house with a kitchen. … [Read more...] about What will Prince Harry and Meghan Markle’s new Los Angeles home look like?
The new apartment market is in a deep freeze as coronavirus concerns weigh on demand, according to statistics from the Ministry of Land and Transportation. Last month, only 997 units available for pre-construction sales were actually sold. That is down 65 percent from the same month last year, and 22 percent off of the five-year average. Some pre-construction projects were postponed this month. Sixteen apartment complexes that were planning to hold pre-construction sales in March have delayed the sale process to April. That’s a total of 13,444 apartment units. In April, 53 apartment complexes were planning to hold pre-construction sales of over 52,000 units. These sales might also be delayed if the Covid-19 outbreak continues much longer. Some sales might be pushed all the way to July.Real estate may be in a bear market, some analysts say.KB Kookmin Bank statistics foreshadow a deepening crisis.Its Top 50 Apartment Index fell 0.13 percent in March on month, the first drop in 11 … [Read more...] about Property boom is quickly becoming a bust
The 40th case is a 47-year-old female Macao resident and the 41st case is a 20-year-old male resident, who are mother and son. They took a flight from London to Hong Kong on March 26, and had a 14-day medical observation at home after entering Macao. … [Read more...] about Macao reports 3 newly imported COVID-19 cases