Country Reports

Monday, October 27th, 2014

DAEJEON, SEOUL - The Innovation Centre at the Embassy of Denmark (Ambassador Thomas Lehmann) is collaborating with Danish pump company Grundfos Holding A/S (CEO Mads Nipper) to run an innovation camp for university students from 26-31 October, 2014 at the KAIST campus in Daejeon.

Tuesday, October 15th, 2013

SEOUL, KOREA - This year’s anniversary of the National Day of the Kingdom of Saudi Arabia comes at a time when the comprehensive development renaissance, based on the foundation laid by the Founder His Majesty King Abdulaziz Bin Abdul Rahman Al Saud, continues apace.

Thursday, September 12th, 2013

SEOUL, KOREA - On, September 9, 2013, Professor Jonathan Trent, a world-class futurologist gave a lecture to ‘Discuss the future on IT Fusion Healthcare, Climate Change and Energy Industry.’ The lecture was presented at the 13th Global Futures Studies Association Forum at Seoul Press Center, South Korea.

Saturday, July 6th, 2013

Seoul, Korea - The government announced that it will establish a comprehensive system to fight against cyber threats and thereby to ensure national security in cyber space.


gori reactor
Monday, June 15th, 2015

The Gori No. 1 nuclear reactor in Busan's Gijang County, the nation's first nuclear power plant, will be closed permanently.

Wednesday, December 24th, 2014

The Seoul metropolitan city government will grant up to 1 million won to those who report cases of unlicensed drivers carrying paying customers. This is specifically designed to discourage Uber from doing business in Seoul.

Friday, July 25th, 2014

As part of efforts to create future growth engines of the nation’s “creative economy, the S. Korean government now puts a stronger emphasis on teaching students how to develop software at an early age.” “Reinforcing the competitiveness of the nation’s software sector is an urgent task for the sustainable development of the nation’s information technology (IT) industry. Software should take center stage in Korean society,” President Park Geun-hye said on Wednesday

Wednesday, July 23rd, 2014

Chinese President Xi Jinping’s recent state visit to Seoul has received enormous publicity. Above all, Chinese President Xi Jinping has broken with precedent by visiting South Korea before he goes to strong ally North Korea, quite a departure from China’s traditional ideology-based diplomacy toward the Korean peninsula. In addition, there were high hopes for President Xi Jinping’s “gift package” to include great plans for closer ROK-China economic, diplomatic cooperation.

Thursday, February 6th, 2014

It seems that Korea and Japan are looking to go for all out diplomatically regarding president Obama’s trip to Asia in April.

Wednesday, February 5th, 2014

The government intends to commercialize fifth generation mobile telecommunication technology (5G) for the first time in the world by 2020 and it will invest KRW 1.6 trillion into the technology over the next seven years. The next generation standard is, in theory, one thousand times faster than the current fourth-generation technology (4G), which is also known as long-term evolution (LTE) technology.

Wednesday, January 8th, 2014

SEOUL, KOREA - On January 6 ‘Sinchon Yonsei-ro’ reopened to the public after having been reconstructed as the first ‘Public Transport-only Area’ in Seoul. The district has been completely renewed as a walkable street, which is a marked contrast from the past when the street was entangled with pedestrians and vehicles amidst acute traffic congestion.


Wednesday, February 11th, 2015

It is likely Busan will see the number of foreign tourists coming through cruise boats rise by a large margin to a record-high level this year.

Wednesday, January 14th, 2015

Eastar Jet, a Korean low-cost airline, said on January 13 that it has established Eastar Port, a unit specializing in ticketing, seat assignment, baggage handling, and boarding services.

KAL HL7552
Tuesday, December 9th, 2014

SEOUL KOREA - Korean Air Line executive VP Cho Hyun-ah forced an Incheon-bound flight to return to its gate(i.e. Ramp back)


Thursday, September 4th, 2014

Back in 2004 when ICT was viewed as a silver lining for the S. Korean economy, The Korea IT Times embarked on a journey towards an untraveled destination called “ICT Korea”.

Tuesday, August 12th, 2014

Interview) Revive the Hope of the Korean Economy in Crisis

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