SEOUL, May 6 (Korea Bizwire) — South Korea’s telecom watchdog said Wednesday it will take a closer look into KakaoTaxi, a cab-hailing mobile application rolled out by the country’s top messenger operator Daum Kakao, on whether it has failed to abide by its terms of use related to location privacy. The Korea Communications Commission (KCC) said [...]
COLOGNE, GERMANY, May 4 (Korea Bizwire) - dmexco — the leading international expo and conference for the digital economy — will launch the next stage of its global Satellite tour with a premiere in New York and the second dmexco networking event in Singapore. On May 21, 2015, dmexco will bring together for the first [...]
SEOUL, May 5 (Yonhap) — Yang Hyun-suk, the chief of YG Entertainment, topped the list of stock-rich celebrities in South Korea as his entertainment agency’s shares rose this year on upbeat business outlook, data showed Tuesday. Yang’s shares in his company listed on the secondary KOSDAQ market were estimated at 201.18 billion won (US$186.12 million) [...]
SEJONG, May 5 (Korea Bizwire) – South Korea and Vietnam signed a bilateral free trade agreement (FTA) Tuesday, the Seoul government said, with the countries seeking to implement the deal before the year’s end. The Korea-Vietnam FTA was officially signed by the countries’ trade ministers in a ceremony held in Hanoi, about a month after [...]
SEOUL, May 4 (Korea Bizwire) – A male pygmy hippopotamus that has been living alone at Seoul Grand Park will have a chance to extend the life of his species, as Seoul Grand Park will import a female pygmy hippopotamus from Britain’s Colchester Zoo in September. The park brought the male from Japan in 1984, along with a [...]
SEOUL, May 4 (Korea Bizwire) – LG Electronics presents its main EV components at the 28th International Electric Vehicle Symposium & Exhibition (EVS28) from May 3 to 6. The company exhibits its e-PT (electric PowerTrain), drive units and compressors, including its B-ISG, a 48V Belt-Integrated Starter and Generator that is a leap forward from the company’s [...]
SEOUL, May 4 (Korea Bizwire) – According to a May 3 announcement from the Ministry of Science, ICT and Future Planning, the number of budget phone service subscribers surpassed the 5 million mark as of April 21. Reaching the 5 million mark means that mobile virtual network operators (MVNOs) are hitting their stride as meaningful competitors [...]
SEOUL, May 4 (Korea Bizwire) – Reverend Lee Jong-rak of Jusarang Community Church set up Korea’s first baby box in Seoul in October 2009 to save the lives of unwanted children. Since its installation, the church has taken in more than 600 newborns. According to Reverend Lee, as the existence of the baby box became [...]
ILSAN, South Korea, May 4 (Korea Bizwire) — GM Korea, the local unit of U.S. automaker General Motors, said Monday it will introduce the next-generation Chevrolet Volt plug-in hybrid to the South Korean market next year, showcasing its state-of-the-art green car technology to local customers. The second-generation Volt, unveiled at the Chicago Auto Show in [...]
ILSAN, South Korea, May 4 (Korea Bizwire) – An international conference on electric cars and the related technology kicked off on Monday with experts and officials of major carmakers gathering to discuss how the electric car market will be shaping up in the future, organizers said. The International Electric Vehicle Symposium (EVS), first held in 1969, [...]