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Thursday, August 24, 2017

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U+tv has been recognized as its world-class design.
Design Award
18 August 2017 - 12:45pm
LG U+ announced on August 17 that the company nabbed prizes for the design excellence of the U+TV set-top box, remote controller and UX (user experience) at the Red Dot Awards of Germany and the IDEA...
A panorama of Samyang Biopharm’s medicinal plant.
‘Renal Lead'
18 August 2017 - 12:45pm
Samyang Biopharm announced on August 17 that the company received a permission to sell multiple myeloma remedy 'Lenalid based on Lenalidomide' by developing it in the form of tablets. Lenalid is a...
Samsung Electronics’ semiconductor plant in Xi’an, China.
Impossible to Replace
18 August 2017 - 12:30pm
Samsung Electronics showed the highest sales growth in China despite the Chinese government’s retaliation over the deployment of the THAAD U.S. anti-missile defense system in the first half of this...
From left: Dong-A Pharmaceutical President Choi Ho-jin, Vo Thanh Dong, deputy director of Vietnam’s population and family planning department, and Dong-A Socio Holdings President Han Jong-hyun pose for a photo after signing the MOU to supply birth control
Birth Control Pill for Vietnam
18 August 2017 - 12:30pm
Dong-A Socio Holdings announced on August 17 that Dong-A Pharmaceutical signed a memorandum of understanding (MOU) for the supply of birth control pills with the population and family planning...
Yoo Young-min, minister of science and ICT of Korea, said there is a need to look at the advantages and disadvantages of the Blockchain technology to find useful applications.
Promotion of Blockchain
18 August 2017 - 12:30pm
Yoo Young-min, minister of science and ICT, began to seek ways to expand the Blockchain with experts from industry, academia and research institutes. This is because if the public and private sectors...
On August 16, FSC Vice Chairman Kim Yong-beom (left) presided over a task force meeting for government-led financing in the interest of productive finance.
Reforming Insurance Structure
18 August 2017 - 12:15pm
Financial Services Commission (FSC) Vice Chairman Kim Yong-beom said on August 17 that the FSC would reform the structure of fee-for-service health insurance plans so that even patients with a...
Hyundai Motor Company unveiled its next-generation hydrogen fuel cell vehicle in the 63 Convention Center in Seoul on August 17.
580 Km Coverage per Charge
18 August 2017 - 12:15pm
Hyundai Motor Company unveiled its next-generation hydrogen fuel cell vehicle in Seoul on August 17. According to the company’s announcement, the hydrogen fuel cell electric vehicle (FCEV) has a fuel...
Korea Forest Service Minister Kim Jae-hyun is delivering his inaugural speech.
Forest Administration
18 August 2017 - 11:45am
Kim Jae-hyun, who was appointed as the 31st minister of the Korea Forest Service on July 18, said in his inaugural speech that he would create a circular economy of forest resources so that forest...
Residents’ foreign currency deposits in South Korea increased by US$5.5 billion in one month.
Due to Increasing Exports
18 August 2017 - 11:30am
The Bank of Korea announced on August 17 that residents’ foreign currency deposits increased by US$5.5 billion in one month and totaled US$69.1 billion last month. The foreign currency deposits are...
Former governor Allen criticized President Moon's economic reform measures in a contribution to the Washington Times on August 15 (local time).
Warning by ‘Missionary of Reform’
18 August 2017 - 11:30am
Former Virginia governor George Allen, who is called "the missionary of reform," gave advice to President Moon Jae-in who marked his 100th day as president. He served as chairman of the Republican...
Woori Bank signed a memorandum of understanding (MOU) with blockchain technology firms Dayli Intelligence and The Loop on August 16 to cooperate on developing blockchain and digital coins
First Korean Version of Bitcoin
18 August 2017 - 11:15am
With the domestic financial industry making a move to introduce blockchain technology as well, Woori Bank is planning to issue its digital currency, tentatively named “WeBee Coin,” by the end of this...
Foreign investors have been pulling out money en mass from South Korea's bond market, mainly short-term bonds this month.
Korean Bond Market
18 August 2017 - 11:15am
Foreign investors have been pulling out money en mass from South Korea's bond market, mainly short-term bonds, starting from August 9 after North Korea threatened to launch missiles on U.S. territory...

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