SEOUL, July 8 (Korea Bizwire) — Cases of theft at unmanned stores jumped last year with the crimes committed primarily by teenagers. S-1 Corp., a security subsidiary of Samsung Group, analyzed big data from unmanned stores between January 2020 to June 2022, which showed that the number of thefts at these stores jumped by 85.7 [...]
SEOUL, July 8 (Korea Bizwire) — South Korea decided Friday to temporarily lift tariffs on seven more kinds of imported foodstuffs, including beef and chicken, in an effort to curb surging inflation and stabilize people’s livelihood. The government will remove tariffs on 100,000 tons of imported beef and 82,500 tons of chicken starting this month, [...]
SEOUL, July 8 (Korea Bizwire) — South Koreans are known for their coffee craze that has made the country the third-largest coffee market in the world after the United States and China. Trendy espresso bars dot Seoul and other major cities, and some shops offer drip coffee brewed by robot baristas. The explosive growth, coupled [...]
SEOUL, July 8 (Korea Bizwire) — The most frequently used data in the two years since the launch of the public financial data open service was company-related information, a top financial regulator said Thursday. The Financial Services Commission (FSC) said Thursday that a total of 87 application program interfaces (APIs) and more than 1.2 billion data [...]
PAJU, July 8 (Korea Bizwire) — The Paju city government in Gyeonggi Province has launched a pilot project to monitor the safety of its elderly citizens by analyzing their TV watching patterns through TV rating equipment, as part of efforts to respond to dementia and solitary death issues. In collaboration with the Papyeong-myeon district office [...]
INCHEON, July 8 (Korea Bizwire) — South Korea’s Coast Guard is struggling to find the financial resources necessary for the operation of large patrol ships and helicopters as oil prices continue to remain high in and outside the country. At present, the Coast Guard runs a total of 355 ships, including large patrol ships and [...]
SEOUL, July 8 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday that it will launch a program with its chipmaking affiliate SK hynix Inc. to share their practical knowledge and know-how in the areas of semiconductors and artificial intelligence (AI) with local universities. The two companies will establish an online [...]
SEOUL, July 7 (Korea Bizwire) — A Chinese-produced TV series available on Disney+, the flagship streaming service of U.S. media giant Walt Disney Co., has sparked a controversy after being accused of copying a Korean program and distorting culture. South Korean online communities have recently been sharing negative views on “Delicacies Destiny,” a Chinese drama [...]
SEOUL, July 7 (Korea Bizwire) — A video of a British veteran who participated in the 1950-53 Korean War is creating an online sensation. The Ministry of Patriots and Veterans Affairs reported that a video starring Alan Guy, 90, has garnered more than 2.18 million views on YouTube since it was posted on June 22. [...]
SEOUL, July 7 (Korea Bizwire) — Convenience store owners are considering imposing extra charges during late night hours in protest of the recent decision to raise the minimum wage next year. The Korea Franchisee Union, comprised of all franchisees of major convenience store chains, said Wednesday that it has decided to ask convenience store chains [...]