SEOUL, May 22 (Korea Bizwire) – Two Indo-pacific bottlenose dolphins, Taesan and Boksoon, who returned to their hometown sea in front of Jeju Island from Seoul Grand Park, are smoothly adopting themselves to the new environment, according to the National Fisheries Research & Development Institute. They are now in an enclosing net for their initial captivity-to-wild [...]
SEOUL, May 22 (Korea Bizwire) – Illegal copies of the Japanese film “As The Gods Will,” which was released in Korea on May 21, are circulating on the Internet, causing the distributor of the film to announce tough antipiracy measures. Sidus Pictures, the importer and distributor of the Japanese thriller, said, “Currently, a ripped version [...]
SEOUL, May 22 (Korea Bizwire) — As mobile phone plans rapidly shift from voice-centered to data-centered plans—with free calls and text messages—2G users are feeling left out. The new plans are designed for those who access 3G and LTE service networks with smartphones. As 2G users use mobile phones only for calling and texting, mobile carriers are [...]
SEOUL, May 22 (Korea Bizwire) — As local banks suffer from reduced net interest margins, they are looking to reduce operational costs to overcome their difficulties. KB Kookmin Bank is urging its employees to report their business activities verbally or via email, not through color prints or full color Powerpoint charts to save costs on printer toner [...]
SEJONG, May 22 (Korea Bizwire) — South Korea and the Association of Southeast Asian Nations (ASEAN) have agreed to expand customs-related cooperation to fuel trade, the government said Friday. The Korea Customs Service (KCS) said the understanding was reached at the 11th annual meeting of South Korea-ASEAN customs chiefs in Brunei on Thursday. The 10-member [...]
SEOUL, May 22 (Korea Bizwire) – Samsung Electronics, South Korea’s top chipmaker, narrowed its gap with No. 1 global player Intel in chip sales in the first quarter of the year, data showed Friday. Samsung’s chip sales increased 6 percent on-year in the January-March period to US$9.33 billion, the data compiled by industry tracker IC Insights [...]
TORONTO, ONTARIO, May 21 (Korea Bizwire) — BMO Financial Group will announce its second quarter 2015 financial results and hold its investor community conference call on Wednesday, May 27, 2015. Financial results will be issued in a news release at approximately 7:30 a.m. EDT. Investor Community Conference Call Time: 2:00 p.m. EDT The conference call [...]
SEOUL, May 22 (Korea Bizwire) – South Korea’s top central banker on Friday raised worries over bleak job market prospects for the younger generation in the coming years as the country is ready to extend the retirement age to 60 next year, echoing recent policy efforts aimed at revving up structural reform. “Employment is a [...]
“The lawsuit is very important, partly because of the amount of money. And mainly because it can be a barometer of Korea’s financial openness. The Korean government will show that it is taking transparent and legal action in dealing with the issue. We are doing so under the principle of due process without procedural problems. [...]
SEOUL, May 21 (Korea Bizwire) — Hyundai Motor, South Korea’s top automaker, plans to unveil the Sonata plug-in hybrid electric vehicle (PHEV) in the third quarter of this year as part of efforts to get out in front in the nascent eco-friendly car market, a company official said Thursday. Plug-in cars make use of both an [...]