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Naval Submarine Jangbogo III to Be Built with Homegrown Technology

Naval Submarine Jangbogo III to Be Built with Homegrown Technology

SEOUL, Sep. 30 (Korea Bizwire) — It is likely the next-generation submarine for the Republic of Korea Navy will be Jangbogo III (Batch I) based on homegrown technology. The Defense Acquisition Program Administration said on September 29 that Daewoo Shipbuilding & Marine Engineering, the shipbuilder to assemble two 3,000-ton class conventional submarines, has sufficient capabilities to build [...]

Banking Group CEOs Get Undeserving Sums of Compensation for Their Meager Profit

Banking Group CEOs Get Undeserving Sums of Compensation for Their Meager Profit

SEOUL, Sept. 29 (Korea Bizwire) —The compensation of leaders in major financial institutions has increased too much too fast while their financial performances are not getting any better. Korea Institute of Finance research fellow Kim Woo-jin said in a report “What Makes Global Top-50 Banks Different from Others?” the annual pay of Korean bank CEOs is [...]

KB Kookmin-MasterCard to Introduce Virtual Card No. Scheme for Overseas Online Shoppers

KB Kookmin-MasterCard to Introduce Virtual Card No. Scheme for Overseas Online Shoppers

SEOUL, Sep. 26 (Korea Bizwire) — KB Kookmin Card will introduce a virtual credit card number scheme for those shopping in overseas retail sites such as Amazon.com. On September 25, KB Kookmin Card said that it would unveil the “SecurePay” service, in partnership with MasterCard, that would protects users from personal information theft. The service gives out a [...]

Samsung SDS to Go Public by November

Samsung SDS to Go Public by November

SEOUL, Sep. 26 (Korea Bizwire) — As Samsung SDS passed the preliminary review for the initial public offering on September 25, it expects to list its shares by November this year. The Samsung Group company plans to hold a public subscription by next month, with shares held by the group affiliates to be sold to third-party buyers instead [...]

[Infographic] Is it forgetfulness or dementia?

[Infographic] Is it forgetfulness or dementia?

SEOUL, Sep.26  (Korea Bizwire)  – Regardless of age, many people experience occasional episodes of forgetfulness. They fear that an increasing number of such lapses isa sure sign of dementia. However, there are important differences between forgetfulness and dementia. Here are some examples to distinguish between them. In addition, here is also information on foods that prevent dementia. [...]