SEOUL, Feb. 4 (Korea Bizwire) — LG Uplus Corp. said Friday last month’s data breach affected a total of 290,000 users, about 110,000 more than initially suspected. On Jan. 10, the nation’s third-largest wireless carrier disclosed that personal data of 180,000 customers, including their names, birth dates and phone numbers, had been breached. The company [...]
SEOUL, Feb. 3 (Korea Bizwire) — Former Justice Minister Cho Kuk was sentenced to two years in prison Friday for using his influence to receive academic favors, including university admissions, for his children. The Seoul Central District Court also found Cho guilty of interfering with an inspection into a corruption case by using his power [...]
SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s financial regulator said Friday that local credit card firms can introduce Apple Pay, the long-awaited mobile payment service of U.S. tech giant Apple Inc., as they have followed relevant procedures. There have been reports for months that Hyundai Card Co., a local credit card unit of Hyundai [...]
SEOUL, Feb. 3 (Korea Bizwire) — Seoul Mayor Oh Se-hoon said Friday his city government will discuss reforming the public transportation fare system, including the possibility of cutting the free public transportation benefit for seniors, to address the aging population and rising debts of the subway operator. “The city of Seoul will consult with the [...]
SEOUL, Feb. 3 (Korea Bizwire) — China on Wednesday resumed mandatory COVID-19 tests for arrivals from South Korea only, in its latest tit-for-tat response over Seoul’s strengthened antivirus curbs against travelers from the neighboring nation. The tests were mostly conducted on foreign nationals, most of whom were Koreans. Sources said that travelers from South Korea [...]
INCHOEN, Feb. 3 (Korea Bizwire) — At a local boxing club in Incheon on Monday, an old man is seen flexing his muscles in front of a punching bag. Kim Byeong-min is a professional boxer in his 90s, born in the year 1933. He’s the only professional boxer in his age group in the country. [...]
SEOUL, Feb. 3 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Friday its 2022 net profit fell from a year earlier due to increased financial costs. Its net income reached 662.6 billion won (US$540.8 million) for 2022, down 8.5 percent from a year ago, the company said in a regulatory [...]
SUWON, Feb. 3 (Korea Bizwire) — The Gyeonggi Province Maritime & Fisheries Research Institute said Thursday it will set up and operate aquaponics fish farms, facilities that produce both fish and crops at the same time, in Gimpo and Icheon on a trial basis until next year. The aquaponics system has a clear strength in [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea’s customs agency said Thursday that drug smugglers in 2022 tended to trade illicit substances in greater volume utilizing contact-free methods, namely mail and postal services. The number of drug smuggling cases involving volume that exceeded 1 kilogram came to 65 in 2022, soaring from 29 tallied a [...]
SEOUL, Feb. 2 (Korea Bizwire) — Ahead of the first increase in public transportation fares in eight years, the issue of free access benefits to public transportation is resurfacing as a controversial topic. The Seoul Metropolitan Government recently decided to raise public transportation fares for the first time since June 2015. The city plans to raise [...]