Issue & Technology


LG Display reported today unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending June 30, 2016


Facebook is set to release its VR device Oculus in the Korean market soon. US tech firm Oculus, owned by Facebook, recently passed the the National Radio Research Agency’s radio signal certifications.

samsung hanabank

Samsung Electronics and KEB Hana Bank have formed a business partnership to promote the development of new FinTech technologies and expanding the presence in global FinTech markets.


LG Chem, South Korea's largest chemicals maker, announced on July 25 that it will sink about 400 billion won into its plant in Daesan, South Chungcheong Province

Reporter's Note


A Korean citizen has recently lodged a complaint with the Supreme Prosecutors’ Office against Samsung Group chairman Lee Kun-hee after video clips showing Lee allegedly


A local business newspaper reported that POSCO would supply its automotive steel sheets for Tesla's Model 3. However, the newspaper has recently retracted the report


Hyosung Corporation, a South Korean industrial conglomerate, has continued the trend of reporting record-breaking earnings. Hyosung said on July 26 that its second-quarter


On July 19, the Korea Electric Power Corporation (KEPCO) successfully installed the No.3 nuclear reactor at the Barakah Nuclear Power Plant (BNPP)


haeundae beach

South Korea is fast becoming a booming business metropolis, with many reputable technology companies like Samsung and LG being popular Korean exports.

On July 21, 2016 – The Hashemite Kingdom of Jordan has awarded Veridos a contract to produce and deliver its passports for the next few years.
These passports will be machine-readable and meet the requirements laid down by the International Civil Aviation Organization (ICAO) for international travel.

Products & Technologies


On 21st July 2016 – Strengthen the role of dealers such as solid and reliable partner for the final customer. This is the main target of the training offered by O+P, brand leader in the market of hydraulic equipment worldwide.


The University of Nottingham and Royal Norwegian Naval Academy (RNoNA) are investigating how to prevent shipping Global Positioning Signals (GPS) being jammed in potential cyberattacks that may cause vessels to go off course and collide or

People & Interviews


The People's Solidarity for Participatory Democracy (PSPD), one of the leading civic groups in South Korea, said on July 22, “Samsung Group Chairman Lee Kun-hee


On January 22, 2013, the Philippines, as a member of the 1982 United Nations Convention on the Law of the Sea (UNCLOS), filed a lawsuit against China to the Arbitral Tribunal,

Open Government Data Special

OECD Open Data Index

In July 2015, there was good news coming from Paris, France. South Korea ranked 1st in the Open, Useful, Reusable Government Data Index (the OUR data index) among the 30 OECD member nations,

11 data-English

Under the Data Big Bang project, the opening of government data was completed in 11 of the 36 high-priority areas last year, including data on municipal licenses and permits (in June);



On July 13, 2016 - Fusionex International PLC, an international provider of software specializing in Analytics, Big Data and the Internet of Things (IoT), is pleased to announce a major GIANT multi-year, multi-million dollar contract win in the Philippines .

Korea IT Times-Dongkuk

On June 21, Jang Ha-yong, head of the Graduate School of International Affairs and Information Security at Dongguk University, and Monica Chung, head of The Korea IT Times, signed a MoU to set up an industry-academia cooperation system.

Editor's Pick

Nicholas Kim

With the advent of the post-9/11 era, there’s no doubt that the international war on terror has morphed to include ever-evolving boundaries.

World News


On July 5, AccuWeather reports Typhoon Nepartak will target northern Taiwan and Japan's southern Ryukyu Islands with flooding rain and damaging winds later this week.

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