Government officials from five Asian countries will cooperate
South Korea's National Information Society Agency (NIA) announced on June 13 that it would cooperate with bureaucrats from five Asian nations in info-tech areas and digital transformation.
Aimed at sharing Korea’s best practices...
1. Wealth: $1.6 billion (Forbes, 2019)
2. Date of birth: January 23, 1978
Koo Kwang-mo is the chairman of LG Group, South Korea’s fourth-largest conglomerate. He is an adopted son of former LG Chairman Koo Bon-moo.
3. Company & title: LG Group/Chairman
Koo...
Central bank argues that economy rebounds
The Bank of Korea (BOK) recently comes up with a rosy view on the Korean economy, which suffered the worst setback in a decade during the first quarter of this year.
The central bank said...
Will Washington be happy with the 15-country FTA?
South Korea has officially joined the 15-country free-trade block of the Regional Comprehensive Economic Partnership (RCEP), which is widely believed to be spearheaded by China.
Korean President Moon Jae-in signed the free trade...
Mobile advertising giant sets up branch in Seoul
Smadex, a top-tier mobile advertising company, announced on June 16 that the Barcelona-based company had set up a branch in Seoul to beef up its presence in the Asia-Pacific region.
Smadex specializes in...
MakeIt-Korea ETF Trend launches new investment platform
MakeIt, which operates the Korea ETF Trend brand, has recently launched a unique and dedicated asset management platform, dubbed All Life Asset Platform (ALAP).
The Seoul-headquartered outfit said on Oct. 23 that customers had...
Tech giant nudges past Intel for 1st time in 3 years
Samsung Electronics beat Intel last year to reclaim the top spot in the global semiconductor market for the first time in three years, according to business tracker Gartner on...
Two powerhouses work on future techs
Hyundai Motor and Saudi Aramco plan to collaborate on such futuristic technologies as hydrogen and advanced non-metallic materials, to name but a few.
Toward that end, the two behemoths signed a memorandum of understanding (MOU)...
Korean university team develops fast-climbing robot
A team of researchers at the Korea Advanced Institute of Science and Technology (KAIST) announced on Dec. 26 that they had developed a capable quadrupedal robot.
The team headed by Prof. Park Hae-won said that...
Are Koreans bizarre people?
In the 2018 book titled “Rule Makers, Rule Breakers,” cultural psychologist Michele Gelfand tried to show the difference between countries is derived from how tightly or loosely they adhere to social norms.
Under the tight-loose perspective, the...
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