SEOUL, March 24 (Korea Bizwire) – After the Korea-US Free Trade Agreement came into effect in March, 2012, Korea’s exports and imports to the U.S. increased by 32 percent and 11 percent respectively. The Korea Institute for International Economic Policy (KIEP) said in its report entitled “Present Condition and Issue after Three Years of Korea-US FTA” [...]
SEOUL, March 24 (Korea Bizwire) – Thanks to the ubiquity of smartphones and tablets, annual sales volumes for mobile shopping in Korea first exceeded the 10 trillion won mark last year. According to the “Distribution Industry Whitepaper 2015” released on March 23 by the Korea Chamber of Commerce and Industry (KCCI), the total volume of [...]
SEOUL, March 24 (Korea Bizwire) – South Korean rapper Psy will join the QQ Music Awards, one of the famous music awards ceremonies held in China, where he is expected to perform a song in Chinese. According to YG Entertainment, Psy’s talent agency, he will perform two songs at the awards ceremony, which will be [...]
SEOUL, March 24 (Korea Bizwire) – Tablet PCs offer mobility and connectivity benefits compared to computers, with their small size not standing in the way of impressive hardware specs. However, there is also dark side to the Tablet PC world, with pervasive online gambling that is becoming especially rampant in Korea. On March 23, Jungbu [...]
SEOUL, March 24 (Korea Bizwire) — South Korea’s ICT and industry ministries said Tuesday they will make an investment of 5.6 trillion won (US$5.05 billion) by 2020 on key emerging business areas such as the Internet of Things (IoT) in a bid to seek new growth sources. The move came after the Ministry of Science, ICT [...]
SEOUL, March 24 (Korea Bizwire) – A leading anti-North Korean activist vowed Tuesday to continue his campaign to send leaflets critical of the communist country across the border despite bitter military threats from the North. “Balloons (carrying anti-Pyongyang leaflets) that convey news from the outside are a kind of media to North Koreans, which should [...]
“Fintech can help the financial industry boost competitiveness and give a boost to the national economy. I will keep collecting ideas from the fintech sector and looking for restrictions to remove.” “Local financial rules mainly address the offline financial market and fail to keep up with fast-changing online, mobile financial trends. I will change the [...]
SEOUL, March 24 (Korea Bizwire) — Sony Korea is launching a 4K professional action cam called the FDR-X1000V and a high-end full HD action cam, dubbed the HDR-AS200V, said the company on March 23. Equipped with 12.8 megapixel Exmor R CMOS sensors and 170° ultra-wide ZEISS Tessar lenses, the two action cams are suitable for [...]
SEOUL, March 24 (Korea Bizwire) — SK Telecom has announced that it will be operating experience centers for the upcoming Samsung Galaxy S6 and S6 Edge at 250 SK Telecom stores around the country. A number of the centers have been already established, and the others are scheduled to open before March 26. Customers will be able [...]
SEOUL, March 24 (Korea Bizwire) — The city of Yeoju will host the 2015 New York Festivals, which is one of the world’s most prestigious advertising awards. City mayor Won Kyeong-hei and Michael O’Rourke, president of International Awards LLC which operates the festival, held an agreement ceremony at the Seoul Press Center on March 23. Award [...]