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19 CEOs of Large Businesses Attend Parliamentary Inspections
Labor Issue InspectionThe Environment and Labor Committee of the National Assembly nominated 19 CEOs, including Yoon Gap-han, CEO at Hyundai-Kia Motor Group, Labor Relations, and Ha Seok-ju, Vice...
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Chinese Venture Capitalist Helps Korean Venture Firms Find Their Way into China
Chinese VCChinese venture investor and incubator Tribelluga held an opening ceremony for its Korean office on Oct. 16 at the Namsan Grand Hyatt Hotel.“Business in China is quite tough for non-Chinese...
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Korean Gov't Debt Exceeds 115 percent of National GDP
Government DebtRuling and opposition party lawmakers constituting the Strategy and Finance Committee of the National Assembly severely criticized the expansionary fiscal and economic policy of Deputy...
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Korean Manufacturers Losing Steam
Manufacturing CrisisKorean companies’ sales growth rate recorded an all-time low last year. In particular, manufacturers in the automobile and IT industries and big businesses posted a sales growth...
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Signing of Korea-China FTA Possible this Year
Korea-China FTAThe Korea-China FTA is expected to be signed this year, although both parties disagreed on some major points, such as agricultural products, at the 13th round of talks held late last...
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KEPCO NF Wins Stevie Award for 4 Consecutive Years
Business OscarsKEPOCO Nuclear Fuel Company (KEPCO NF, CEO Lee Jae-hee) has won two Gold Stevie Awards for “Executive of the Year – Energy” and “Company of the Year – Energy and Utilities,” and one...
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Two Airlines Trade Positions on Aircraft Accident Sanctions after Ten Years
Dance in the AirWhile 43 domestic and foreign airlines have requested the Korean government to have “mercy” on Asiana Airlines regarding the accident at the San Francisco International Airport, Korea...
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Hyundai Motor May Enter Top Three in Australian Car Market
Top Three BrandsHyundai Motor is doing very well in Australia. As global automobile companies including Ford, GM, and Toyota decided to pull out of Australia, Hyundai Motor is benefiting from their...
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Pantech Filing Application for Bankruptcy Protection with US Court
Bankruptcy ProtectionAccording to Bloomberg on Oct. 17 (local time), Korean mobile phone manufacturer Pantech filed an application for bankruptcy protection in a U.S. court.Pantech, under the sales...
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Hanvit DNS Installs Solar Power Facilities at Cambodian Schools
Giving BackPhotovoltaic system supplier Hanvit DNS (CEO Lee Hyun-hwa) announced on Oct. 20 that it recently participated in the completion ceremonies for 40 kW-capacity solar power facilities for three...
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Korea Aims to Commercialize 5G Tech by 2020
5G CommercializationThe 5G Global Summit, a special event for the 2014 ITU Plenipotentiary Conference (PP-14), was held in BEXCO, Busan. The event is aimed at sharing information about 5G technology...
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Foreign Investment Companies Express Complaints during Meeting with Prime...
Foreign Investor HearingEuropean Chamber of Commerce in Korea (ECCK) Chairman and MAN Truck & Bus Korea President Thilo Halter requested that the Korean government’s plan to impose taxes on...
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Necklaces Join Wearable Trend
Fashion TechMajor IT companies are showcasing smart watches, showing a pioneer spirit in the wearable device industry. Most of the recently-introduced wearable devices are smart watches, but an...
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Korea Research Team to Develop Chiral Helical Nanofilaments
NT-IT ConvergenceThe Korea Advanced Institute of Science and Technology (KAIST) announced on Oct. 20 that a research team led by Yoon Dong-ki, professor from the Graduate School of Nanoscience and...
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Abenomics' Failure Will Let Korea Beat Japan in Per-capita GDP by 2020
Good News about AbenomicsThe Korea Center for International Finance (KCIF) provisionally condemned Japanese Prime Minister Shinzo Abe’s economic policy as a failure, with concerns over the Japanese...
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“Bitcoin is a Great Invention Comparable to the Internet”
Bitcoin Remarks“The bitcoin is a currency that can be perfectly free from government interference, and the bitcoin will provide greater efficiency and stability so anyone can use it,” said...
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Korean Youth Rank Top in Digital Native Level
ICT Development IndexSouth Korea has been rated as one of the most advanced countries in ICT developments, as shown by the fact that the country has maintained its top-ranked position in the ICT...
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LCD TVs May Emit 3x Harmful Light than OLED TVs
Blue Light HazardAs there is growing controversy as to whether or not the blue light emitted by electronics devices is harmful to the human body, and a study on blue light is likely to fuel the...
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Joint Research Team Develops High-performance Light-emitting Structure
Luminous EfficiencyA joint research team led by Kim Byung-soo, professor at the Ulsan National Institute of Science and Technology (UNIST), Ryu Soon-min, professor at the Pohang University of Science...
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Samsung Starts Mass Producing 20 NM 8 GB DDR4 Server DRAM
Enhanced Server DRAMSamsung Electronics announced that it has established a full line for the production of 20 nm DRAM to be used for PC and mobile servers by succeeding in mass production of 20 nm 8...
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