SEOUL, Nov. 1 (Korea Bizwire) — As the Fair Trade Commission is stepping up pressure on conglomerates to reduce reliance on intra-group transactions in the area of IT services, their IT service affiliates are looking for ways to survive through income diversification. Samsung SDS Co., an IT service unit of Samsung Group, revealed last week [...]
SEOUL, Oct. 31 (Korea Bizwire) — The U.S. Central Intelligence Agency ran a previously undisclosed office in Seoul until last year, legal sources said Sunday. The existence of the office, which was used to collect open-source intelligence on South Korea as part of the CIA’s Open Source Enterprise, became known after three former employees sued [...]
SEOUL, Oct. 29 (Korea Bizwire) — The Ministry of Science and ICT on Friday said it will come up with measures restricting the concurrent update of routers to prevent recurrence of a network outage that crippled the country earlier this week. On Monday, wired and wireless network services provided by KT Corp., a major South [...]
SEOUL, Oct. 29 (Korea Bizwire) — The Test of Proficiency in Korean (TOPIK) will include a speaking section later next year for the first time. The Ministry of Education announced plans for a new Korean proficiency test for foreigners and expatriates on Thursday. Next year’s examinations will be held six times in total, three of [...]
SEOUL, Oct. 29 (Korea Bizwire) — South Korean football club Jeju United and fans made football uniforms by recycling plastic, opening up a new era of eco-friendly practices in football. Last Sunday, members of the football club appeared in a blue uniform, instead of the official orange, at a match against Jeonbuk Hyundai Motors at [...]
DAEJEON, Oct. 29 (Korea Bizwire) — South Korean researchers have succeeded in producing biodegradable plastic using radiated livestock excrement. The Korea Atomic Energy Research Institute said Thursday it transferred the technology to a local eco-friendly plastic maker for 30 million (US$25,630) won and a royalty of 2.5 percent of sales. Amid a surge in plastic [...]
SEOUL, Oct. 29 (Korea Bizwire) — The Ministry of the Interior and Safety said Thursday that it had developed an internet-of-things (IoT)-based smart buoyancy band to help castaways float in sea water and send their location information when marine accidents such as shipwrecks occur. The smart buoyancy band is designed to help save lives when [...]
SEOUL, Oct. 28 (Korea Bizwire) — Catholic believers now have a weaker sense of practicing faith after COVID-19 took a heavy toll on various Catholic activities such as mass and other rituals that require physical contact, a survey showed Wednesday. The Catholic Times, the Daegu-based religious newspaper, conducted a survey with the Woori Theology Institute [...]
SEOUL, Oct. 28 (Korea Bizwire) — Hyundai Motor Co.’s Tucson plug-in hybrid SUV has swept the top spots in a string of comparison tests conducted by renowned German auto magazines. In the latest edition of Auto Zeitung, Tucson ranked first in a test comparing same-class plug-in hybrid vehicle (PHEV) models including the Volkswagen Tiguan, Peugeot [...]
BUSAN, Oct. 28 (Korea Bizwire) — A cryogenic logistics center using liquid natural gas (LNG) cold heat will be set up in the southern port city of Busan. EMP Belstar, a U.S.-based cold chain logistics centers operator, on Wednesday signed a business agreement with the Busan metropolitan government and the Busan-Jinhae Free Economic Zone Authority [...]