SEOUL, Sept. 2 (Korea Bizwire) – South Korea kicked off its so-called Data Dam project that can fuel growth and create thousands of new jobs, the science ministry said Wednesday. The project, part of the larger Digital New Deal program announced in July, aims to collect and process information provided by both public and private [...]
SEOUL, Sep. 2 (Korea Bizwire) — With the COVID-19 crisis dragging on for more than half a year, full-time homemakers are suffering from the so-called ‘corona blues’, which refers to depression caused by the pandemic. Many are suffering from higher stress and depression since their child-rearing burden has increased with the COVID-19 pandemic forcing their [...]
SEOUL, Sept. 1 (Korea Bizwire) – Samsung Group was once again on alert Tuesday after its heir apparent Lee Jae-yong was indicted for his alleged role in a controversial merger and fraudulent accounting. The Seoul Central District Prosecutors’ Office indicted Lee, the de facto leader of South Korea’s top conglomerate, without detention on charges of [...]
SEOUL, Sept. 1 (Korea Bizwire) — The so-called ‘COVID-19 fatigue’ is reaching a critical level in South Korea, evolving into widespread anger over those who neglect social distancing guidelines. Many people are feeling exhausted with the COVID-19 crisis which has continued to play out without respite since early this year. Frustrated by a flurry of [...]
SEOUL, Aug. 31 (Korea Bizwire) — A big data analysis of brain imaging using artificial intelligence (AI) technology can deliver a forecast on the symptoms and severity of autism spectrum disorders (ASD), a recent study revealed. A joint research team from Severance Hospital, a major general hospital in Seoul, and the Korea Advanced Institute of [...]
SEOUL, Aug. 31 (Korea Bizwire) — A specially designed credit card to prevent seniors from falling victim to various kinds of financial fraud by notifying family members or other designated guardians when the card is used to pay large sums of money will soon be available, the South Korea’s financial regulator said Sunday. The Financial [...]
SEOUL, Aug. 31 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, on Monday unveiled its new home theater projector to boost its presence in the fast-growing home cinema market amid the pandemic. The new model of LG CineBeam Laser 4K, HU810P, will hit the shelves in South Korea no [...]
SEOUL, Aug. 31 (Korea Bizwire) — South Korea’s antitrust regulator said Monday that it will ban social media influencers from promoting a new product or service on their online platforms without disclosing their business ties with corporate sponsors. The Fair Trade Commission said its revised advertising guidelines will require influencers on social media platforms, such [...]
SEOUL, Aug. 30 (Korea Bizwire) — The city of Seoul on Sunday designated this week as a “week of standstill” for nearly 10 million citizens in its latest measure to fight the spread of the new coronavirus in the capital area. During the “10 Million Citizen Standstill Week,” which runs from Sunday to next Sunday, [...]
SEOUL, Aug. 30 (Korea Bizwire) — South Korea began Sunday to restrict operations of restaurants, bakeries and franchise coffee chains in the greater Seoul area in an effort to contain the fast spread of the new coronavirus. Under the plan that lasts until next Sunday, restaurants and bakeries can operate until 9 p.m., and only [...]