SEOUL, Oct. 8 (Korea Bizwire) – After the second Asia Wine Trophy, one of Asia’s most important wine competitions, a road show will be held from February 2015 in major Asian cities starting from Busan/Gimhae and Seoul to Hong Kong to Shanghai to Tokyo. In the first road show in Busan/Gimhae, 500 excellent wines winning [...]
SEOUL, Oct. 7 (Korea Bizwire) — Samsung Group decided to withdraw its solar energy business in a five promising business list and add up a mobile solution field to the list. The leading conglomerate announced on October 5 that it was underway to restructure its five prospective business plan – medical devices, light emitting diode solar [...]
SEOUL, Oct. 7 (Korea Bizwire) — Phone booths were once loved from all walks of life but now have become relics of the past as almost all the people around the world have their own gizmos to connect with each other instantly. Local governments, telecommunications companies and even young people with novel ideas, therefore, put [...]
SEOUL, Oct. 7 (Korea Bizwire) — The volume of lobsters exported to South Korea has skyrocketed thanks to the South Korea-U.S. Free Trade Agreement. According to the United States Department of Commerce on October 4, lobster sales to Korea accounted for US$18.1 million or about 19.3 billion won last year, up by 639.5 percent compared with [...]
SEOUL, Oct. 6 (Korea Bizwire) — Singapore Airlines held various events for Busan citizens at Shinsegae Department Store Centum City on October 6 in celebration of the Busan International Film Festival. Those who applied for the membership of the carrier had a chance to win diverse presents: free airline tickets (a single person), select wines [...]
SEOUL, Oct. 3 (Korea Bizwire) — The Financial Services Commission gave an advance legislation notice of an amendment to the Depositor Protection Act. The amendment stated that it would offer protection worth up to 50 million won per person to retirement pensions separately from regular financial products starting at the end of this year. Until now, [...]
SEOUL, Oct. 3 (Korea Bizwire) — Green Cross, a South Korean biopharmaceutical company, seems to surpass industry’s expectations in the global pharmaceutical market. The Seoul-based pharmaceutical company accelerates export of its not only medicines including vaccines and plasma-derivatives but also pharmaceutical plants to other countries. The volume of medicine exports accounted for 151.7 billion won, [...]
![[Quote] Surveillance on KakaoTalk Causes Digital Migration](http://koreabizwire.com/wp/wp-content/uploads/2014/10/56183_61902_5955.jpg "[Quote] Surveillance on KakaoTalk Causes Digital Migration")
“It is a pity that many messenger app users in Korea have migrated to foreign mobile messenger services. However, we will keep cooperating with prosecutors in case of legitimate investigations since KakaoTalk operates within the South Korean laws.” “I’m aware of what app users are worried about. But KakaoTalk has the top-tier security system. In [...]
SEOUL, Oct. 2 (Korea Bizwire) — SK Telecom announced that it would launch an application to safeguard customers’ personal information on their smartphones, reflecting growing concerns about privacy and according measures the wireless industry rushes to adopt these days. SKT’s “Security Box” is aimed at protecting confidential information against possible leaks as users increasingly tend [...]
SEOUL, Oct. 2 (Korea Bizwire) — Fundraising for exporting Korea’s medical institutions and services is planned to be boosted. The Ministry of Health & Welfare announced that it would receive applicants which want to support Korean hospitals to expand in the global market as an operator from September 30 through October 20. This is the third [...]