Korea Bizwire, Author at Be Korea-savvy | Page 18 of 279
Prominent Politician Drops Out of Seoul Mayoral Race Amid Sexual Violence Allegations

Prominent Politician Drops Out of Seoul Mayoral Race Amid Sexual Violence Allegations

SEOUL, March 28 (Korea Bizwire) – A prominent liberal politician on Wednesday withdrew his bid for the June Seoul mayoral election and quit politics over allegations that he sexually harassed a young woman seven years ago. Chung Bong-ju, 57, exited the crowded race shortly after the alleged victim unveiled a fresh piece of evidence to [...]

South Korea to Explore ‘Underwater Mines’ Known as Manganese Pavements

South Korea to Explore ‘Underwater Mines’ Known as Manganese Pavements

SEOUL, March 28 (Korea Bizwire) — South Korea has landed the exclusive rights to explore a deep-sea manganese pavement mine lot in the western Pacific. Under the contract signed between the Ministry of Oceans and Fisheries and the International Seabed Authority (ISA) on Tuesday, South Korea will be able to explore cobalt rich ferromanganese crusts [...]

Pirated Content a Serious Threat to South Korean Webtoon Industry

Pirated Content a Serious Threat to South Korean Webtoon Industry

SEOUL, March 27 (Korea Bizwire) — South Korean webtoon makers are being hit hard by illegal copies, suffering economic damages of over 200 billion won every month. The worrying figure comes from a report from Webtoon Guide citing one website known for sharing illegal copies of South Korean webtoon series, which was submitted to the [...]

S. Korean Football Exec Hopes Nat’l Team Can Show Its ‘Fangs’ at World Cup

S. Korean Football Exec Hopes Nat’l Team Can Show Its ‘Fangs’ at World Cup

SEOUL, March 22 (Korea Bizwire) – Former South Korea football coach Hong Myun-bo said Thursday he wants to see the national players’ “fangs” at the 2018 FIFA World Cup. Hong, who now works as the general secretary at the Korea Football Association (KFA), said he hopes the national team shows its fighting spirit like a tiger, the animal that symbolizes South Korean football and is engraved on the KFA crest. “South Korea are characterized [...]

KT Aims 5G Commercial Launch in March 2019

KT Aims 5G Commercial Launch in March 2019

SEOUL, March 22 (Korea Bizwire) — South Korean telecom giant KT Corp. announced Thursday that it will start commercial operations of its fifth-generation (5G) mobile network in March 2019. KT said its goal is to provide “perfect 5G” service by building a nationwide infrastructure so faster and more stable data processing, far exceeding the capacity of the existing 4G network, or long-term evolution (LTE), will be [...]