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SK Telecom to Hold First Online Shareholder’s Meeting Due to Coronavirus

SK Telecom to Hold First Online Shareholder’s Meeting Due to Coronavirus

SEOUL, March 16 (Korea Bizwire) — SK Telecom Co. South Korea’s top mobile phone operator, announced on Sunday that it will hold a shareholder’s meeting online on March 26 due to the coronavirus spreading worldwide. The decision comes as the company seeks to bolster its shareholder-friendly management by helping shareholders to participate in the meeting [...]

Online Investment Seminars Enjoy Popularity Due to Virus

Online Investment Seminars Enjoy Popularity Due to Virus

SEOUL, March 9 (Korea Bizwire) — With the novel coronavirus outbreak hampering all private investor seminars and investment counseling by securities companies, investment content published on YouTube and other online programs is gaining popularity. The web seminar on investment strategy conducted by Mirae Asset Global Investments, South Korea’s leading asset management firm on April 27 [...]

Two-Year Sentence for Those Who Distribute Suicide Information Online

Two-Year Sentence for Those Who Distribute Suicide Information Online

SEOUL, Jan. 16 (Korea Bizwire) — The Ministry of Health and Welfare announced on Tuesday a revised law on suicide prevention, which makes sharing suicidogenic information online illegal. If caught distributing such information, the individual responsible will be sentenced to jail time. The revised law will take effect in six months, on July 16. The [...]

About 60 pct of Bank Products Sold Online

About 60 pct of Bank Products Sold Online

SEOUL, Oct. 10 (Korea Bizwire) — Some 60 percent of bank services and products, including deposits and lendings, are processed online, regulator’s data showed Wednesday, indicating a trend for non-face-to-face financial services. Records provided by Financial Supervisory Service to Rep. Lee Hack-young of the ruling Democratic Party showed that, of the 11.69 million banking services [...]