SEONGNAM, South Korea, Jan. 5 (Korea Bizwire) – The Hyundai Museum of Kids’ Books & Art (MOKA) is offering a special exhibit, themed Pictures and Books, for visiting children by having a moving robot follow them around to share information on different artworks in the museum. The robot, entitled “Docent Momo,” was specially developed for [...]
SEOUL, Jan. 5 (Korea Bizwire) – A team of Korea University scientists has developed technology to convert carbon dioxide into synthetic gas, or syngas, using water and sunlight, announced the National Research Foundation of Korea on Thursday. Synthetic gas is a fuel gas mixture consisting mainly of hydrogen and carbon monoxide. It can be used [...]
SEOUL, Jan. 5 (Korea Bizwire) – The Financial Supervisory Commission announced Thursday that it will introduce a new biometric payment method that will use the veins on the palm of the hand for identification. According to officials, consumers will be able to make payments by simply having their palm scanned at offline outlets without the [...]
SEOUL, Jan. 5 (Korea Bizwire) – President Park Geun-hye’s close friend, who is at the center of an influence-peddling scandal that led to her impeachment, pleaded not guilty during her first formal hearing held Thursday. Choi Soon-sil, 60, appeared before the Seoul Central District Court as a defendant for a string of charges, including abuse [...]
SEOUL, Jan.5 (Korea Bizwire) – Seonjae, 60, is one of the most renowned experts on Korean temple food, dedicating nearly three decades to developing recipes, raising public awareness, and campaigning to improve the Korean diet. Temple food is similar to vegan food, but the main difference is that “there’s a dose of wisdom in Korean [...]
SEOUL, Jan. 5 (Korea Bizwire) – The Federation of Korean Industries, an embattled lobby organization for Korean corporations that is under fire for its alleged involvement in the Choi Soon-sil scandal, is evaluating reforms, with officials now considering benchmarking the American lobbying group Business Roundtable. The FKI is accused of compelling its members to donate [...]
SEOUL, Jan. 5 (Korea Bizwire) – Kobaco (Korea Broadcast Advertising Corp.) revealed Wednesday that total advertising expenditures in Korea last year were 11.296 trillion won ($9.47 billion), dropping by 0.7 percent from 2015 (11.37 trillion won). This, according to an official, was the first decline since 2009, and the third time in history that ad [...]
SEOUL, Jan. 5 (Korea Bizwire) – U.S. video service provider Netflix Inc. announced on Thursday that it will produce its first Korean original series “Love Alarm” based on a popular eponymous local webtoon for release next year. The upcoming cartoon-based drama, written by one of the country’s most eminent graphic novelists Chon Kye-young, marks Netflix’s [...]
LAS VEGAS, Jan. 4 (Korea Bizwire) – South Korean home appliance maker LG Electronics Inc. showed its new lineup of flagship organic light-emitting diode (OLED) televisions at an annual U.S. trade show Wednesday, as it seeks to get a bigger slice of the U.S. market for next-generation TVs. The sleek and razor-thin 77-inch TV, displayed [...]
SEOUL, Jan. 5 (Korea Bizwire) – Moon Jae-in, a potential presidential contender from the opposition bloc, said Thursday that he will shut down the domestic-affairs divisions of the country’s spy agency, vowing to make the body focus only on international issues. Moon said he will restructure the National Intelligence Agency (NIS), and make it South [...]