SEOUL, Nov. 14 (Korea Bizwire) — Recently, smishing messages are rapidly on the rise, which warrants mobile phone users’ caution. According to AhnLab, the security software provider specializing in antivirus software, on November 13, more and more text messages masquerading as some messages requiring immediate attention such as garbage problem or neighborhood noise are luring people to [...]
SEOUL, Nov. 14 (Korea Bizwire) — A congressional investigation revealed that some of the securities firms took improper profits from government funds entrusted to them. The office of Congressman Kim Yong-nam (New Frontier Party) said this on November 12, based on an analysis of the transaction details of Hyundai Securities for government funds between 2008 and 2013. [...]
SEOUL, Nov. 14 (Korea Bizwire) — Korea’s statistical agency released data on unemployment that include those without jobs for voluntary reasons such as housewives. Including these figures, Korea’s jobless rate is more than 10 percent, more than three times that of the current official unemployment rate. Accordingly, the number of those with no job will increase to [...]
SEOUL, Nov. 13 (Korea Bizwire) — The Ministry of Science, ICT and Future Planning said on November 12 that it would kick off a new committee on the next day called the “X Project Promotion Committee” which will tackle daring and highly creative research issues. The committee will come up with research topics from experts from diverse fields [...]
SEOUL, Nov. 12 (Korea Bizwire) — The Korea Advanced Institute of Science and Technology said on November 11 that its students won the first place award selected by the participants of the Student Innovation Contest, an event held in conjunction with the User Interface Software and Technology 2014 Conference. Sponsored by the U.S. Association for Computing Machinery, [...]
SEOUL, Nov. 12 (Korea Bizwire) — The Korean Teachers Credit Union has joined hands with Wells Fargo of the United States to work together in the areas of overseas real estate and energy investment. The credit union said on November 10 that its executives met the top management of Wells Fargo in the bank’s San Francisco headquarters, [...]
SEOUL, Nov. 12 (Korea Bizwire) — As the Korea-China free trade agreement came to a conclusion after 30 months of negotiations, attention is paid to who will benefit from the trade deal. Woo Tae-hee, chief negotiator for the Ministry of Trade, Industry and Energy, said on November 10 in a press briefing, “Cultural exchange in the area [...]
SEOUL, Nov. 11 (Korea Bizwire) — SK Telecom said on November 10 that it would showcase the “Smart Furniture,” the home fixture equipped with communications functionality. Developed jointly with Hyundai Livart, the Smart Furniture can provide a variety of information through the wireless or fixed-line Internet using the touchscreen-enabled mirror. The fixture can be installed in the [...]
SEOUL, Nov. 11 (Korea Bizwire) — The Advanced Institute of Convergence Technology, the research organization established jointly by Seoul National University and the Gyeonggi provincial government, said on November 10 that it has developed a driverless car. The single-seater electric vehicle can get to destinations without human intervention using sensors, cameras, and the GPS system. The institute [...]
SEOUL, Nov. 10 (Korea Bizwire) — A mid-sized Korean construction company has raised a lawsuit against the Chinese government for violating investment contract terms. This is the first time for a Korean firm to resort to the international investment dispute settlement mechanism to try to get compensation from the Chinese government. The Washington, D.C.-based International Center for [...]