SEOUL, Dec. 29 (Korea Bizwire) – The Protestant church has been named the least liked major religious institution by the South Korean public, according to a new survey. The survey released by the Korean National Association of Christian Pastors on Thursday showed South Korean’s approval rating for Protestantism stood at only 9.5 percent, trailing far [...]
SEOUL, Dec. 29 (Korea Bizwire) – The Seoul Metropolitan Government has teamed up with translation startup Flitto to introduce a language free zone along Cheonggyecheon Stream. According to Flitto on Friday, a language free zone service will be available in eight locations around Cheonggyecheon Stream, presenting information in different languages in tandem with the company’s [...]
SEOUL, Dec. 29 (Korea Bizwire) – South Korean health authorities have set out plans for a bird flu emergency response system that will include an antigen bank and emergency vaccine supplies. The Ministry of Agriculture, Food and Rural Affairs announced the plans on Thursday, after a safety investigation task force launched by the Animal and [...]
SEOUL, Dec. 29 (Korea Bizwire) – U.S. tech giant Apple Inc. said Friday it will cut the cost of battery replacement for iPhone models, amid criticism that the company intentionally slowed down older smartphones. “Apple is reducing the price of an out-of-warranty iPhone battery replacement by US$50 — from $79 to $29 — for anyone [...]
SEOUL, Dec. 29 (Korea Bizwire) – K-pop girl band MAMAMOO will release its first new single in six months next week, its agency said Friday. RBW said the song, titled “Paint Me,” is about their wish to “paint” the new year together with fans. The agency unveiled a teaser image on its social media accounts. [...]
SEOUL, Dec. 29 (Korea Bizwire) – The Ministry of Science and ICT has revealed a comprehensive plan to build a hyper-connected smart network including the sale of 5G frequency bands and faster Wi-Fi speeds on the subway. The science ministry announced during a meeting with a Fourth Industrial Revolution committee that 5G frequency bands will [...]
SEJONG, Dec. 28 (Korea Bizwire) – Loan guarantees among affiliates of South Korea’s large business groups sank in 2017 from a year earlier, the country’s corporate watchdog said Thursday. The total corporate debt payment guarantees made among units of 31 conglomerates reached 257 billion won (US$239 million) as of May 1, down 20 percent, or [...]
SEOUL, Dec. 28 (Korea Bizwire) – South Korean companies are pessimistic about their business conditions in 2018 due to unfavorable factors at home and abroad, a poll showed Thursday. The business survey index (BSI) of the nation’s top 600 firms by sales came to 96.5 for January, unchanged from the previous month, according to the [...]
SEOUL, Dec. 28 (Korea Bizwire) – South Korean Bitcoin investors have been left fuming after the government hinted at shutting down cryptocurrency exchanges, with some threatening to stage a guerrilla protest in Seoul. The government’s U-turn on cryptocurrency, which could see exchanges and accounts banned in the future, has taken many by surprise, with some [...]
SEOUL, Dec. 28 (Korea Bizwire) – LG Electronics Inc. on Thursday provided details of audio products, including artificial intelligence (AI) speakers, jointly developed with British-based partner Meridian Audio and which will be officially showcased next year. The South Korean tech giant said it will display sound bars, portable speakers and AI audio products at the [...]