SEOUL, April 10 (Korea Bizwire) – The Korea Internet and Security Agency (KISA) is set to accelerate development of telebiometrics security technology using bio-signals such as brainwaves and ECG, according to a statement on April 9. Bio-signals have been praised as a new means of authentication, as their complexity means that they cannot be forged [...]
SEOUL, April 10 (Korea Bizwire) – Lotte Department Store will be holding a campaign to send 1,000 goats to families in Africa from April 10 to May 5. Goats are a sustainable source of living in certain parts of Africa due to their ability to produce milk and reproduce in many numbers. Customers can donate [...]
SEOUL, April 10 (Korea Bizwire) – Mirrorless digital cameras are selling rapidly this spring, grabbing a 60 percent share of Hi-Mart’s total camera sales since January, while sales in March increased 25 percent from February. The shares in 2011 and in 2013 were 12 percent and 44 percent respectively. Sales of DSLR cameras and compact [...]
SEOUL, March 23 (Korea Bizwire) — The Financial Supervisory Service (FSS) has caught 20 individuals who faked car accidents using scrapped imported cars to seek insurance payouts. The suspects, who are not related to each other, received a total of 1.3 billion won (US$ 1.16 million), or 65 million won (US$ 58,200) in compensation on average, by [...]
SEOUL, March 23 (Korea Bizwire) — The Korean Government is planning to establish 23 more ‘Ideal All’ studios, state-run work spaces where local citizens can freely participate in the development of new ideas for scientific and social change, and will accept applications for candidacy from public institutions such as libraries, post offices, universities, cultural centers and Community [...]
SEOUL, March 19 (Korea Bizwire) — The Ministry of National Defense appointed the much loved K-pop girl group 4Minute, especially popular among Korean soldiers, as ambassadors for its Korea Armed Forces 29 Seconds Film Festival. The ministry is holding the ultra-short film festival in order to improve military camp culture and enhance communications between the soldiers, ranking [...]
SEOUL, March 19 (Korea Bizwire) — As trekking shoes with made from lighter materials gain popularity amidst the trekking boom in Korea, imports of leather hiking boots decreased by 16.1 percent last year. According to the Korea Customs Service on March 18, the import volume of hiking boots made of leather decreased to US$41 million, down 16.1 [...]
SEOUL, March 19 (Korea Bizwire) – South Korean police have exposed a group of manufacturers and distributors of fake Samsung smartphones made in Korea for the first time. It is commonly known that fake smartphones are typically made in China, and distributed to other Southeast Asian countries. Busan’s Metropolitan Police Agency announced on March 18 that it [...]
SEOUL, March 18 (Korea Bizwire) — The city of Incheon is initiating a massive tourist project for its 168 islands, said local officials on March 17. Although the islands off the city’s coast are blessed with natural beauty, they are often overlooked by tourists due to a lack of tour infrastructure. First of all, a complex will [...]
SEOUL, Mar. 18 (Korea Bizwire) — Shinhan Card is introducing a cash-back service for remaining reward points in situations where customers decide to withdraw their membership due to mistakes or faults in the company’s operation. The cash-back service is due to start on April 15. Korean credit card companies have been allowing their customers’ reward points to [...]