SEOUL, March 31 (Korea Bizwire) — Pangyo district in Seongnam city will be developed into a 5G networked model complex by KT. Upon the completion of the Gyeonggi Creative Economy Innovation Center, KT’s support center for ICT venture companies, the company decided to establish a 5G network in Pangyo Techno Valley. KT will also establish facilities [...]
SEOUL, March 31 (Korea Bizwire) — South Korea’s No. 1 air carrier Korean Air saw its local brand value nosedive this year following last year’s “nut rage” case that outraged the nation’s public, a survey showed Tuesday. Brandstock, a South Korean market researcher that determines rankings of the top 100 local brands, said in its latest [...]
SEOUL, March 31 (Korea Bizwire) — Invasive alien species such as bluegills and bass are set to be hunted down by bounty seekers in Daegu, as city officials have declared war on plants and animals that are harming indigenous species. The city government will pay 5,000 won for one red-eared slider and one kilogram of bluegills and [...]
SEOUL, March 31 (Korea Bizwire) — Samsung Electronics filed a patent for an online payment system triggered by clenching and opening one’s fist while wearing the Gear S smart watch, according to a published document from the Korean Intellectual Property Office (KIPO) and the United States Patent and Trademark Office on March 30. Samsung Electronics’ new recognition system [...]
SEOUL, March 31 (Korea Bizwire) — Suzy of girl group Miss A finally revealed what it’s to date Lee Min-Ho after the two celebrities’ much-talked-about relationship was revealed to the public on March 23 through paparazzi shots. Suzy talked about their time in London and how she was first attracted to Lee, at a showcase for Miss [...]
SEOUL, March 31 (Korea Bizwire) — Five hospitals in Busan will be treating the less privileged for free, based on mileage points accumulated by Busan citizens. The city of Busan and Dongseo University have been operating a campaign since 2013 where participating citizens track their movements for 90 days and have their steps get converted into mileage [...]
SEOUL, March 31 (Korea Bizwire) — Air Busan has announced that it will be the first low-cost carrier in Korea to distribute dividends. Asiana Airlines, the City of Busan, Seun Steel and 11 other Busan-based companies holding shares in the airline will be paid 500 won (US$ 0.45) per share, following a board decision on [...]
SEJONG, March 31 (Korea Bizwire) — South Korea’s duty-free shop sales surged 21.6 percent on-year in 2014, the finance ministry said Tuesday, thanks to the steady rise in foreign travelers. Data sent by the ministry to the National Assembly showed sales by the 43 duty-free shops in the country hitting 8.3 trillion won (US$7.5 billion) last [...]
SEOUL, March 31 (Korea Bizwire) – Daum Kakao, the operator of South Korea’s top mobile messenger, KakaoTalk, rolled out Tuesday its cab-booking mobile application for smartphone users, extending the service to a full lineup after it launched a similar platform for taxi drivers early this year. KakaoTaxi, available for downloading at Google Play for Android users, [...]
SEOUL, March 31 (Korea Bizwire) — Small to medium manufacturers’ management conditions are getting worse in Korea, even though some of the major firms they cooperate with are seeing sales increases. According to a report published by the Korea Federation of SMEs and the Korea Institute for Industrial Economics & Trade published on March 29, the [...]