SEOUL, Aug. 21 (Korea Bizwire) – A Korea-developed method for measuring the degree of eye fatigue from 3D video exposure is likely to become an international standard. The Ministry of Trade, Industry and Energy and the Korean Agency for Technology and Standards said on August 20 that the assessment method to measure eye fatigues on 3D images developed by [...]
SEOUL, Aug. 20 (Korea Bizwire) — The number of Internet banking service subscribers is projected to reach 100 million within this quarter by the end of September. Of these, the ratio of smartphone-based banking customers has increased to 45.5 percent. According to the Bank of Korea on August 19, the total number of registered customers to Internet [...]
SEOUL, Aug. 20 (Korea Bizwire) — GS Engineering & Construction said on August 18 that it won a US$584.5-million order to build a bridge in Kuwait. Commissioned by the Kuwaiti Ministry of Public Works, the project calls for building the 12.43-kilometer Doha Link bridge connecting Shuwaikh to the port village of Doha in the Jahra region of [...]
SEOUL, Aug. 20 (Korea Bizwire) — LG CNS, an LG Group company specializing in information technology services including consulting, system integration, and business process outsourcing, has set out to build Malaysia’s first automatic logistics processing center based on homemade logistics processing solution. LG CNS said on August 19 that it will begin establishing the automatic package sorting [...]
SEOUL, Aug. 17 (Korea Bizwire) — In a lawsuit surrounding the retirement pension fund refund, Supreme Court justices ruled in favor of Goldman Sachs against the plaintiff Kyobo Life. The Supreme Court said on August 15 that it allowed the appeals court ruling to stand, saying, “The appeals court’s judgment that Goldman Sachs’ postponement in payments was [...]
SEOUL, Aug. 17 (Korea Bizwire) — Daewoo International Corporation, Korea’s largest trading company, said on August 15 that it has acquired a stake in a copper mine in Wetar Island, Indonesia. The POSCO Group company signed on the 14th with Australia’s Finders Resources Ltd. to take a 24.1-percent stake in PT Batutua Tembaga Raya, the Indonesian firm operating [...]
SEOUL, Aug. 15 (Korea Bizwire) —SmartCara (smartcara.com), Korea’s No. 1 brand in food garbage disposal units, said on August 14 that it has won a CE certification with European Union authorities after earning a UL (Underwriters Laboratories) certification in America. With the latest winning of the CE mark, the company is confident it will export the [...]
SEOUL, Aug. 15 (Korea Bizwire) — The 2014 International Congress of Mathematicians was opened in Seoul’s COEX Convention & Exhibition Center on August 13. Started in 1897 in Zurich, Switzerland, the once-in-four-year event sponsored by the International Mathematical Union will be held until the 21st under the theme of “sharing” (nanum in Korean) and giving hopes and dreams [...]
SEOUL, Aug. 15 (Korea Bizwire) — A domestic research team has succeeded in developing a zebrafish with fluorescent red blood cells, opening up the possibility for treating rare blood vessel diseases. The National Fisheries Research & Development Institute said on August 14 that it has developed a genetically modified zebrafish species after two years of research. The new [...]
SEOUL, Aug. 14 (Korea Bizwire) — The size of Korea’s market for finished drugs was 45 trillion won (US$43.7 billion) last year. According to the 2013 Yearbook for Finished Drug Sales” published by the Health Insurance Review & Assessment Service on August 12, the total amount of drugs sold in 2013 was 45,621.0 billion won, up 1.6 percent [...]