SEOUL, Jan. 17 (Korea Bizwire) — Korea Post said Wednesday it will begin selling commemorative stamps for the PyeongChang Winter Paralympics later this week. A total of 800,000 copies of 10 stamps will be sold with the PyeongChang Paralympics mascot Bandabi, an Asiatic black bear, appearing on the stamps doing alpine skiing, biathlon, cross-country skiing, [...]
SEOUL, Jan. 10 (Korea Bizwire) — One Chinese national has been arrested and his South Korean accomplice is being sought on suspicion of carrying out a massive hack into a software company’s client details, and using the private data to extort clients, police said Wednesday. The cybercrime unit of the National Police Agency said they [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korea’s squid catch fell to the lowest level in five years in 2017, dented by Chinese boats’ overfishing in the East Sea, a report showed Wednesday. South Korean boats caught a total of 12,082 tons of squid in coastal waters and the open sea last year, which was [...]
SEOUL, Jan. 8 (Korea Biwire) — Fewer than half of South Korean companies dedicated funds to data protection in 2017, a government report showed Monday. According to the report by the Ministry of Science and ICT, only 48.1 percent of 9,000 local companies assessed showed interest in monitoring and protecting corporate data. Only 2.2 percent [...]
SEOUL, Dec. 27 (Korea Bizwire) — The number of newborns in South Korea dipped again in October, government data showed Wednesday, in the latest sign of the chronic low birth rate that has plagued the Asian country for more than a decade. About 27,900 babies were born in October, down 11.7 percent, or 3,700, from [...]
SEOUL, Dec. 27 (Korea Bizwire) — South Korea’s top men’s golf tour will offer the highest purse yet next year. The Korea Professional Golfers’ Association (KPGA) announced Wednesday that its top-tier Korean Tour will have a record total prize money of 14.1 billion won (US$13.1 million), with 17 tournaments lined up for next season. “The [...]
INCHEON, Dec. 20 (Korea Bizwire) — Prosecutors said Wednesday they have uncovered a multimillion-dollar fraud scheme by a cryptocurrency mining agency based here and in the United States that has incurred huge losses for investors around the world. The Incheon District Prosecutors’ Office indicted 21 suspects associated with U.S.-based Mining Max LLC on fraud and [...]
SEOUL, Dec. 7 (Korea Bizwire) — More than 3,000 have signed up for the die with dignity program since hospitals in South Korea started carrying out end-of-life care trials, government data showed Thursday. On Oct. 20, 13 hospitals launched a program to allow terminally ill patients with no possibility of recovery to forgo treatment before [...]
SEOUL, Nov. 27 (Korea Bizwire) — South Koreans picked Park Geun-hye’s impeachment as president as the biggest issue of 2017, followed by the launch of the government of her successor, President Moon Jae-in, a survey showed Monday. The Realmeter survey of 501 people showed that 47.6 percent of the respondents chose Park’s ouster as the [...]
SEOUL, Nov. 20 (Korea Bizwire) — South Korea has exported more than US$100 million worth of animations to American and European markets this year, the Korea Creative Content Agency (KOCCA) said Monday, in a positive sign of market expansion amid strained economic and diplomatic relations with China over a U.S. missile defense system. The agency [...]