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POSCO Engineering First Korean Firm to Win Contract for Metal Extraction Plant

POSCO Engineering First Korean Firm to Win Contract for Metal Extraction Plant

SEOUL, Nov. 27 (Korea Bizwire) – POSCO Engineering announced that it won an engineering, procurement and construction management (EPCM) contract to build a precious metal extraction plant in Chile. Although the contract amount is only US$30 million, it is noteworthy as it is the first time that a Korean firm participates in the metal extraction plant

Ailee and Eric Benet to Show Fantastic Harmony in Collaboration Concert

Ailee and Eric Benet to Show Fantastic Harmony in Collaboration Concert

SEOUL, Nov. 27 (Korea Bizwire) – Korean singer Ailee and American R&B singer Eric Benet will keep in tune with each other this winter. The duo is getting ready to heat up Seoul with their harmonious singing at a collaboration concert called “Winter Concert” to be held at SK Olympic Handball Stadium in Songpa, Seoul,

Pilot Telemedicine Program Price Set at up to 38,000 Won per Patient

Pilot Telemedicine Program Price Set at up to 38,000 Won per Patient

SEOUL, Nov.27 (Korea Bizwire) – The Ministry of Health and Welfare said on November 26 that it has set the price for a pilot program for telemedicine services within the range between 9,900 and 38,000 won per patient. The healthcare service providers that will be subject to the new pricing are those participating in the pilot program

KT to Offer GiGA WiFi Service in Special DMZ Village

KT to Offer GiGA WiFi Service in Special DMZ Village

SEOUL, Nov. 27 (Korea Bizwire) – Daeseong-dong village, located only 400 meters south of the heavily fortified Military Demarcation Line dividing North and South Korea, is the only village where civilians can reside within the de-militarized zone (DMZ) in South Korea. According to the truce that ended the three-year long Korean War (1950-1953), two villages, one in the

“Cane Ice Cream” Patent Application Cancelled by a Picture on the Internet

“Cane Ice Cream” Patent Application Cancelled by a Picture on the Internet

SEOUL, Nov.27 (Korea Bizwire) – A photo posted on an online discussion forum ended up forfeitinga patent. The cane-shaped ice cream sold in Seoul’s tourist-filled Insa-dong has been a popular item for the past few years. Korea’s Intellectual Property Trial and Appeal Board said on November 26 that the patent related to making the cane-cone ice cream was

Korea’s Income Redistribution Policy Weakest among OECD Countries

Korea’s Income Redistribution Policy Weakest among OECD Countries

SEOUL, Nov. 27 (Korea Bizwire) — Korea’s effect of taxes and social spending on poverty reduction turned out smallest among Organization for Economic Cooperation and Development member nations. According to the 2014 Household Finance and Welfare Survey released on November 26, Korea’s poverty rate in 2013 was 18.9 percent in terms of market income and 16.4 percent in

Public Wi-Fi Hotspots to Require ID and Password Beginning Next Year

Public Wi-Fi Hotspots to Require ID and Password Beginning Next Year

SEOUL, Nov. 27 (Korea Bizwire) — The government will strengthen security of public Wi-Fi hotspots like coffee shops and various other public establishments by mandating an ID and password so that the incidence of personal information breaches can be reduced. The Ministry of Science, ICT and Future Planning, jointly with the National Information Society Agency and three

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