Korea Bizwire, Author at Be Korea-savvy | Page 77 of 118
[Stats] Per Capita Alcohol Consumption by Type of Liquor

[Stats] Per Capita Alcohol Consumption by Type of Liquor

Korea’s per-capita alcoholic beverage consumption was 100 bottles of beer and 60 bottles of Korean vodka (soju) in 2012.  According to the Korea Alcohol & Liquor Industry Association on June 19, the total domestic consumption of alcohol in 2012 was 3.12 million kiloliters (1 kiloliter equals 1,000 liters). The figure included unofficial consumption from alcoholic [...]

Korea’s Per-person Alcohol Consumption 9.16 Liters

Korea’s Per-person Alcohol Consumption 9.16 Liters

SEOUL, June 20 (Korea Bizwire) –Korea’s per-capita alcoholic beverage consumption was 100 bottles of beer and 60 bottles of Korean vodka (soju) in 2012.  According to the Korea Alcohol & Liquor Industry Association on June 19, the total domestic consumption of alcohol in 2012 was 3.12 million kiloliters (1 kiloliter equals 1,000 liters). The figure included [...]

Firm Banking Regulation to Be Toughened

Firm Banking Regulation to Be Toughened

SEOUL, June 20 (Korea Bizwire) – The regulation on “firm banking,” the banking method used to pay for mobile phone bills, insurance premiums, or newspaper subscription fees, will be strengthened. This is made possible by an agreement from the user through the Korea Financial Telecommunications and Clearings Institute that takes certain amounts of funds from the user’s [...]

LG Uplus Develops World’s First “Uplink CA” Technology

LG Uplus Develops World’s First “Uplink CA” Technology

SEOUL, June 19 (Korea Bizwire) – Ahead of the nationwide deployment of broadband LTE-A service, LG Uplus has successfully developed the world’s first Uplink Carrier Aggregation technology that provides four times faster upload speed than LTE. The company said on June 18 that it has completed the pilot run on the uplink CA technology with an upload [...]

Independent Financial Advisory Scheme May Be Introduced in 2H

Independent Financial Advisory Scheme May Be Introduced in 2H

SEOUL, June 19 (Korea Bizwire) – The Financial Services Commission will introduce an independent financial advisory scheme in the second half of this year at the earliest. The scheme has been introduced in Europe earlier than any other regions in the world. As the name suggests, “independent” financial advisors are not affiliated with any financial investment firms [...]

SK Telecom Unveils “T Benefit” Service for Maximum Benefits to Customers

SK Telecom Unveils “T Benefit” Service for Maximum Benefits to Customers

SEOUL, June 19 (Korea Bizwire) – SK Telecom said on June 18 that it has launched a new service called “T Benefit” that notifies the user all benefits provided by the company, as well as the rate plan and additional services the user has signed up. T Benefit gathers all benefit information scattered around the company’s [...]