SEOUL, July 30 (Korea Bizwire) — As the belated Tokyo Olympics were nearly halfway over Friday, South Korean sports stars’ world-class performances and their teamwork have been creating a fresh buzz on social media here. On the front lines of the buzz are the men’s sabre fencing team of Kim Jung-hwan, Gu Bon-gil, Oh Sang-uk [...]
SEOUL, July 30 (Korea Bizwire) — Samsung Electronics Co., Apple Inc. and Kakao Corp. were the three most popular stocks bought by the MZ generation in the early half of this year, a survey said Thursday. Shinhan Investment Corp., one of South Korea’s major financial investment companies, conducted a survey of 400,000 investors who opened [...]
DAEJEON, July 30 (Korea Bizwire) — A South Korean research team has developed a gas sensor platform that can diagnose disease by analyzing bad breath. A joint research team from the Korea Advanced Institute of Science and Technology and the Samsung Advanced Institute of Technology developed a platform that selectively detects a tiny amount of [...]
SEOUL, July 29 (Korea Bizwire) — More than a third of elementary and secondary school students in South Korea will be provided with opportunities for special supplementary classes to make up for their COVID-19-related learning losses, the government said Thursday. The Ministry of Education said it will spend about 800 billion won (US$698 million) until [...]
SEOUL, July 29 (Korea Bizwire) — LG CNS Co., a major IT service provider under LG Group, said Thursday it has earned a Machine Learning Specialization distinction from Google Cloud as the company strives to expand its presence in the artificial intelligence (AI) sector. LG CNS said it became the first South Korean company to [...]
SEOUL, July 29 (Korea Bizwire) — South Korea’s ICT ministry said Thursday it will expand the use of unmanned aerial vehicles in the public sector, from monitoring costal pollution to land surveying, in a move to foster development of the local drone industry. The Ministry of Science and ICT has earmarked 41.3 billion won (US$35.8 [...]
SEOUL, July 29 (Korea Bizwire) — South Korea’s total population grew at the slowest-ever pace last year as the inflow of foreigners declined for the first time in 30 years amid the pandemic, a national census showed Thursday. A total of 51.83 million people lived in South Korea as of Nov. 1, 2020, up 0.1 [...]
SEOUL, July 28 (Korea Bizwire) — Beginning next year, South Koreans will be able to conveniently confirm their identities through smartphones, thanks to the planned introduction of an ID card mobile verification service, the government said Wednesday. The Ministry of the Interior and Safety said it will build the resident registration card mobile verification service [...]
SEOUL, July 28 (Korea Bizwire) — The number of babies born in South Korea dropped to a new record low in May, data showed Wednesday, in the latest sign that underscores the country’s gloomy demographic situation. A total of 22,052 babies were born in May, down 3.5 percent from the previous year, according to the [...]
SEOUL, July 28 (Korea Bizwire) — South Korea’s industry ministry said Wednesday it has given the go-ahead to a set of regulated projects, including allowing businesses to test self-driving robots equipped with cameras on sidewalks, in line with its efforts to lift excessive barriers and foster new growth engines. Previously, self-driving robots were banned from [...]