Korea Bizwire, Author at Be Korea-savvy
Japan Suffers More Damage amid Protracted Seoul-Tokyo Trade War

Japan Suffers More Damage amid Protracted Seoul-Tokyo Trade War

SEOUL, Dec. 15 (Korea Bizwire) — Japan suffered a wider decrease in its outbound shipments to South Korea compared with the other way around amid the monthslong trade dispute between the two Asian neighbors, data showed Sunday. Japan’s exports to South Korea reached US$15 billion over the July-October period compared with a year earlier, down [...]

KT to Offer WiFi Service with Upgraded Privacy Protection

KT to Offer WiFi Service with Upgraded Privacy Protection

SEOUL, Dec. 15 (Korea Bizwire) — KT Corp., a major South Korean telecommunication company, said Sunday its WiFi service will have upgraded security with encryption-based privacy protection technology. KT said it will apply a technology that protects International Mobile Subscriber Identity (IMSI) for Android phones to its 130,000 wireless zones nationwide. IMSI is a unique [...]

Single-member Families Account for Nearly 30 pct of S. Korean Households

Single-member Families Account for Nearly 30 pct of S. Korean Households

SEJONG, Dec. 14 (Korea Bizwire) — The number of one-person families continued to rise last year, accounting for nearly 30 percent of all households in South Korea, amid the fast-spreading trend of people remaining single, government data showed Saturday. Households consisting of a single member totaled 5.85 million in 2018, compared with 5.62 million the [...]

Radient Technologies Inc. Announces Proposed Shares for Debt Transaction

Radient Technologies Inc. Announces Proposed Shares for Debt Transaction

EDMONTON, Alberta, Dec. 13 (Korea Bizwire) – Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF) announces a proposed shares-for-debt transaction in which the Company would issue 192,907 common shares, at a price of CAD $0.41 per share, to an arm’s length third party creditor of the Company in connection with the settlement of [...]

Delivery Hero Buys Food Delivery App Baemin in US$4 bln Deal

Delivery Hero Buys Food Delivery App Baemin in US$4 bln Deal

SEOUL, Dec. 13 (Korea Bizwire) — Germany-based company Delivery Hero has agreed to buy South Korea’s top food delivery app operator, Woowa Brothers Corp., for US$4 billion, industry officials said Friday. The German firm, which also has second-biggest delivery player Yogiyo under its wing, will acquire an 87 percent stake in Woowa Borthers, operators of [...]