Latest news
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Apple to release long-awaited digital payment service in S. Korea
SEOUL -- American tech company Apple, famous for its iPhone and iPad models, will release its digital payment service in South Korea, about eight years after it was first released in the United States in October 2014. Apple is the last mover in South Korea where digital payment services including Samsung Pay have become part of people's everyday lives. The rumor about Apple Pay coming to South Korea has been around for years and the unproven story became real in early February
February 8, 2023 -
7-Eleven's non-face-to-face offline secondhand trading service gains popularity among women
SEOUL -- Convenience store franchise 7-Eleven's offline non-face-to-face secondhand item trading service is gaining popularity among women, which accounts for about 70 percent of total users. The convenience store operator said that women who are likely to be sensitive to safety issues favored non-face-to-face transactions. In most cases, secondhand trades in South Korea are done by selecting a place to meet and trade between a seller and buyer. Remote trading using local parce
February 8, 2023 -
Current account swings back to surplus in December, helped by growing dividend income
SEOUL -- South Korea's current account returned to a surplus in December on the back of growing dividend income after recording a deficit in November, according to data released by the Bank of Korea (BOK) on February 8. The country posted a $2.68 billion surplus in the current account in December, marking a reversal from a deficit of $220 million a month earlier. The sum, however, plunged 57.9 percent from $6.37 billion a year earlier. The current account is a broad measure o
February 8, 2023 -
Resort island of Jeju to start discussion on restricting operation of 'no-kids' zones
SEOUL -- The southern resort island of Jeju will start a public debate over whether "no-kids" zones should be allowed on the island visited by more than 10 million people annually. The island has some dozens of cafes and restaurants that prohibit the access of children aged 13 years and younger to provide a comforting and relaxing environment for adults. No-kids zones first appeared in South Korea about a decade ago after a series of online complaints about parents not te
February 8, 2023 -
Cosmax develops texture perception solution capable of predicting cosmetic usability
SEOUL -- Cosmax, a cosmetics original development manufacturer in South Korea, developed texture perception technology capable of predicting the performance of cosmetic products without actually using them. The solution can be used to create personalized products as it evaluates beauty products' spreadability through quantified values without involving subjective opinions. It's been difficult to evaluate the degree of spreadability and moisture as the usability of cosmetic
February 7, 2023 -
South Korea ordered to pay compensation to victim of Vietnam War mass killing
SEOUL -- A South Korean court has ordered the government to pay compensation to a bereaved family of Vietnamese civilians killed by Korean troops during the Vietnam War. On February 7, the Seoul Central District Court made the first ruling that acknowledged the Korean government's liability for the mass killings of civilians during the war. The court ruled in favor of the 63-year-old plaintiff, Nguyen Thi Thanh, ordering the Seoul government to pay 30 million won ($24,680)
February 7, 2023 -
AI care speakers to be provided in western coastal city for dementia patients
SEOUL -- South Korea's western coastal city of Boryeong will provide artificial intelligence-based speech recognition speakers for mild dementia patients. The care robots will monitor patients and offer personalized services such as playing music and providing memory tests. In case of emergency, the solution will notify human caregivers. Dementia is a progressive disorder that causes brain cells to degenerate and die. Patients often suffer from memory decline. Government data s
February 7, 2023 -
Researchers develop 3D-printed membrane capable of producing electricity and drinking water
SEOUL -- South Korean researchers developed a special membrane that can simultaneously filter water and create electricity. The membrane can be used in water purification plants, sewage processing facilities and other water-related facilities to produce drinking water and electricity. The membrane produced using a 3D-printing method can be created into various sizes. The Korea Institute of Science and Technology (KIST) said that its research team created an electricity generation a
February 7, 2023 -
Simens Gamesa partners with Doosan Enerbility for offshore wind power projects in S. Korea
SEOUL -- Doosan Enerbility, a key player in South Korea's power industry, teamed up with Siemens Gamesa, a Spanish-German wind power solution producer, to carry out various offshore wind projects in South Korea. The South Korean manufacturer will adopt the Spanish-German company's offshore direct drive nacelle technology. A nacelle is a component of a wind turbine that houses various equipment including a shaft, gearbox, and generator. Although most wind turbines use a gear
February 7, 2023 -
Kakao Pay enjoys net profit of $22 million in 2022, despite service disruption
SEOUL -- Kakao Pay, the online payment arm of South Korea's tech giant Kakao Corp., posted a net profit of 27.5 billion won ($22 million) on a consolidated basis last year, the company said on January 7. The firm attributed the profit to handsome financial income from internal reserves which increased amid high interest rates. However, Kakao Pay suffered an operating loss of 45.5 billion won in 2022, compared to 27.2 billion won worth of loss a year earlier. The payment s
February 7, 2023
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PHOTOS: Festival features India's traditional dance in Seoul
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PHOTOS: UAE heritage showcased on Nami Island
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Octogenarian becomes oldest contestant at beauty pageant in Seoul
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Krafton to showcase new games at G-Star
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Golfer Pak Se-ri wins Van Fleet Award for strengthening U.S.-Korea relations
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Naver Map offers multilingual translation for visitor reviews
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Indian cultural festival kicks off with traditional dance performance
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Hanwha Q Cells sells solar project in Washington state
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School bus fire claims 23 lives in Thailand
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Google to invest $1 billion in Thailand data center, cloud AI Infrastructure