As many as 64 percent of Koreans are in agreement that the passage of the so-called Kim Young-ran law, or the Anti-corruption and Conflicts of Interest Act, in the National Assembly was "something that had to be done," a survey said on March 4.According to a poll conducted by RealMeter on 500 adult men and women in their age over 19 years through the random-digit dialing method (sampling error o

The Asian, Korean media, reported “Lee Kun-hee, the chairman of Samsung Group had died from an acute myocardial infarction on the 16th of May, 6 days after being admitted to Samsung Medical Center.” The news reported “Samsung is soon set to release details after comprehensive decisions are made on funeral arrangements etc. News of the chairman's death has been revealed to have reached governme

In the 21st century communicating and knowledge is the key for productivity and growth of one’s country. In this Era, the social networking services, SNS, plays important role in letting people share ideas and communicate for better future. Many people no longer send conventional text message to their extensive circle of friends in South Korea. Rather, they elect to use a mobile messenger. A

The FTC in the U.S. brought a case against Amazon for ‘aiding the prescriptions on the restrictions of purchase.’ AMAZON repelled saying, “It hurts the driving force to promote IT enterprises.”AMAZON, an online commercial enterprise, is suspected of assisting in the unauthorized use of accounts by children which belonged to their parents.On the July 13thforeign news agencies such as the Wall

MOSCOW, RUSSIA - Host Russia won the overall men's title at the 5th WTF World Para-Taekwondo Championships in Moscow, Russia on 22 June, 2014. Turkey took the overall women's title. Host Russia took three gold medals, three silver medals and four bronze medals for a total of 71 points for the top honors, followed by Iran with 2 golds and 1 silver for a total of 31 points. Turkey came next

SEOUL, KOREA - A foreign exert suggested his opinion that an oil hub to be propelled by Korea in Ulsan is a win-win strategy, which is necessary for both the U.S. and Korea. At the Northeast Asia Oil Hub Symposium, which was held at Seoul Westin Chosun Hotel and jointly hosted by the Ministry of Foreign Affairs and the Ministry of Trade, Industry and Energy, Lucian Pugliaresi, president of the

Seoul, Korea/ “It is with continued search for new value that we are able to provide users with a richer experience.”  Sirgoo Lee, the co-CEO of Kakao, the company behind KakaoTalk, today gave a keynote address at the Mobile Asia Expo 2014 in Shanghai. Lee declared that Kakao's journey to creating a social mobile platform with rich services was guided by its principles of always adding value t

SEOUL, KOREA - Daum Communications and Kakao announced that the two companies have agreed to merge as a joint corporation, Daum Kakao.The companies agreed to the deal on May 23, and aim to close the deal within August 2014, pending shareholder approval. The leaders of the two companies, Daum CEO Sae-Hoon Choi and Kakao co-CEO Sirgoo Lee, have explained their mutual desire to integrate their

Samsung Electronics ranked 29th, up one notch from last year, in the annual BrandZ Top 100 Most Valuable Global Brands ranking, complied by global market research agency Millward Brown Optimor, The Financial Times said on May 21. Samsung Electronics was the only Korean company to make the top 100 list.However, The brand value of Chinese Internet giants, led by Tencent and Baidu, has turned out

Eulogizing the heroic deaths of Kim Ki-woong,Jeong Hyun-seon and Park Jee-young,, Jeong Hyun-seon and Park Ji-young, Korean netizens are gathering signatures on a petition that urges the government to put them on the government’s Good Samaritans List.  Kim Ki-woong, who had worked as a part-time operator of shipboard fireworks on the ill-fated Sewol ferry, died together with his fiancée Jeo

Support for Windows XP has now ended as Microsoft said it would no longer support Windows XP after April 8, 2014. Since the announcement of Microsoft’s 8 April support deadline, numerous media outlets and computer experts have talked about potential risks arising from a post-XP support world and advised Windows XP users to upgrade to latest versions. Given that the average after-sale service p

SEOUL, KOREA - Samsung Electronics Co., Ltd. today announced its earnings guidance for the first quarter, 2014.Consolidated sales :  Approximately 53.0 trillion Korean won (Range: 51.0 - 55.0 trillion Korean won)Consolidated operating profit : Approximately 8.4 trillion Won (Range: 8.2 - 8.6 trillion Korean won) The above figures are consolidated earnings estimates based on K-IFRS※ 201

SEOUL, KOREA - SK Telecom (NYSE:SKM) today announced that it will introduce three different unlimited LTE data plans that will allow users to enjoy unlimited amount of LTE data, voice calls, text messages and membership services from April 3.Existing subscribers of T&All 75+Unlimited Data Option, T&All 85 and T&All 100, which currently amount to around 1 million, will automatically be able to

SEOUL, KOREA - The Finnish start-up Pilvi Cloud Company launched today at the WorldHostingDays 2014 -event in Germany a unique cloud services web store at Pilvi.com. The Pilvi™ Shop offers companies a user-friendly market place for buying and managing cloud services from e.g. Amazon, Google and local cloud service providers. Users receive one invoice including all the services being used and can m

SEOUL, KOREA - LG Electronics held a new product exhibition InnoFest at Venice, Italy, on March 19. As many as 450 buyers from 21 European countries paid visits to the exhibition. This figure more than doubled the number recorded last year. A variety of items on display there, including curved ultra HD TVs, attracted acclaims from the participants.  Encouraged by the favorable responses it

SEOUL, KOREA - The world’s largest Internet service company Google revealed the “Android Wear” operating system on March 18. LG Electronics’ G Watch, the first smartwatch to be applied with the Android Wear OS, will be released within the second quarter of this year.  G Watch will compete with Samsung Electronics’ Gear 2 that was revealed last month. Gear 2 is applied with Tizen OS, develo

Seoul, Korea - Merck Ltd. (Managing Director: Dr. Michael Grund), Korean affiliate of Merck, a global pharmaceutical, chemical and life science company, received the ‘Tax Award of the Ministry of Strategy and Finance’ at the 48th Taxpayer’s day event, held at Pyeongtaek Customs Office on March 3. This award was established to encourage awareness of tax payment by promoting good taxpayers.

“(Tentatively named as) the IT Technology Promotion Center, the national ICT control tower, to be established. With the Special Act on ICT going into effect on February 14, the problem of reverse discrimination on Korean ICT equipment will be resolved, and the door to ₩800 billion market will open wider.”The Special Act on ICT legislation designed to promote Korean IT and vitalize convergence,

President Park Geun-hye met with UNESCO Director-General Irina Bokova at Cheong Wa Dae today.  During their meeting, they discussed the importance of the success of the World Education Forum and the World Water Forum to be held in 2015 as well as ways to promote cooperation in connection with efforts to inscribe female divers of Jeju Island on the UNESCO Representative List of the Intangib

SEOUL, KOREA - A book reminiscing about the life of former Korean President Park Chung-hee, who accomplished Korea’s remarkable economic growth, the so-called ‘Miracle of the Han River’, through industrialization, has been published. “The President of God” is the title of the book.What makes this book more stand out is that the author is Dr. Shin Dong-wook, the husband of President Park Geun-h