Tag: SouthKorea

“Half-baked” 5G network launch fails to impress Korean consumers

now South Korea’s world first launch of the super-fast 5g network launched after much anticipation and fanfare early this month however it seems user experience hasn’t met users expectations with 5g usage limited at the moment to certain areas of the country Oh Sooyoung has this report is the wow factor already wearing off for…

Read MoreView 6 Comments

South Korea adds 419,000 new jobs y/y in Oct.

South Korea’s job market finally seems to be on the road to recovery with a sharp increase in the number of newly added jobs last month as well as a fall in the unemployment rate kim moo-sung reports the South Korean economy created four hundred nineteen thousand new jobs on year in October adding more…

Read MoreComment

N. Korean leader inspects spa resort and demands its perfection

North Korean leader Kim jong-un has fitted visited the hot spring resort in yang County come on them the province just 20 days after his previous visits showing his willingness to nurture the North’s tourism industry the north state media reported on Friday that Kim inspected the ongoing construction that’s nearing completion he complimented the…

Read MoreView 3 Comments

S. Korea adds 419,000 new jobs y/y in Oct., employment rate hits highest level in 30 years

the country’s job market finally seems to be on a road to recovery with a sharp increase in the number of newly added jobs last month as well as a fall in the unemployment rate our Kim Hanul reports the South Korean economy created four hundred nineteen thousand new jobs on year in October adding…

Read MoreView 4 Comments

President Moon orders expansion of K-beauty industry for innovative growth

president moon ordered his administration to take measures to provide greater support to the k-beauty industry as a way to foster the bio health sector by health is seen as a key part of the government’s goal of innovative growth according to the top office appraise ministries for actively working together on issues such as…

Read MoreComment

S. Korea designates 7 regulation-free special zones for innovative growth

the South Korean government announced a second batch of regulation-free zones part of efforts to boost domestic demand and foster next generation growth engines Kim bo-gyung introduces to us the new special zones the South Korean government has designated seven regulation-free zones to allow the testing of new technologies and nurture new regions specific industries…

Read MoreComment

BIO PLUS forum: South Korea aims to strengthen its global competitiveness in bio industry

one of the world’s biggest annual forums for the bio health industry kicked off earlier today in Seoul roughly two thousand people from home and abroad are expected to attend the two-day event where researchers showcase their latest products MGM takes us to bio plus at bio plus more than 60 bio companies from Korea…

Read MoreComment

Gov’t to establish high-tech departments in colleges to nurture talent

the government has announced classed established new hi-tech study departments to nurture 80,000 students in future technology for the next 10 years the Education Ministry said University departments will establish more science based studies including artificial intelligence next-generation semiconductors and bio health and start emitting students from 2021 the ministry will also work to revise…

Read MoreComment

S. Korean IT giants declare bold AI, 5G visions as foundation of future growth

over the past week Korea’s IT Giants have been announcing their visions for the future to build a base for future innovation they’re planning to invest hundreds of millions of dollars in artificial intelligence and the 5g mobile network while the government is planning to restructure the science ministry or SIA has more from self-driving…

Read MoreView 2 Comments

Gov’t vows to nurture biotech industry

Seoul’s Minister of Industry, Trade and Energy vowed to nurture the nation’s biotech sector. At a New Year ceremony hosted by the Korea Biotechnology Industry Organization, Sung Yoon-mo said the government will ease regulations to facilitate the development of products and services in the biotech industry and create more jobs. The minister pointed out the…

Read MoreComment