Yugyeong Jeong http://www.moef.go.kr Following the COVID-19 national subsidy, the win-win consumption subsidy project started on October 1 to revitalize the local economy and promote consumption recovery. For the first week, applications are accepted in a five-part system linked to the last digit of the year of birth. After that, there is no limit, and regardless […]
‘Apple’ invests in R&D support center and developer academy in Pohang POSTECH
September 29, 2021 by Leave a Comment
Yugyeong Jeong http://news.kmib.co.kr/article/view.asp?arcid=0924210901&code=11151400&cp=nv Global company Apple’s R&D support center and developer academy for small and medium-sized businesses in Korea will be established in Pohang, North Gyeongsang Province. Apple, Pohang, Gyeongsangbuk-do, and Pohang University of Science and Technology (POSTECH) signed a memorandum of understanding on the establishment and operation of the center and academy at Pohang […]
El Salvador Starts to Use Bitcoin as a Legal Currency
September 29, 2021 by Leave a Comment
Lim, Do Yeub (From Yonhap News) The El Salvador government has decided to use bitcoin as a legal currency. It is the first case of declaring usage of bitcoin as a legal currency in the world. It has been about two weeks since the declaration, and the government and citizens of El Salvador are still […]
Kakao and Naver are in trouble… A regulation towards the big tech firms
September 16, 2021 by Leave a Comment
Lim, Do Yeub Sep 14th, 2021 The Korean government and financial department recently have started to regulate several big tech firms in Korea. The firms include Kakao and Naver, which are the two leading firms in the IT industry. The government pointed out that they are overusing their power in the market. Kakao and […]
Apple releases iPhone 13
September 16, 2021 by Leave a Comment
Lee Sooyeon p.c: Apple Apple has finally released their iPhone 13. As with last year, the entry-level iPhone 13 will come in two versions: the 6.1-inch “regular” model and the smaller 5.4-inch iPhone 13 Mini. The screen is an OLED panel, although it’s brighter than last year’s, while the sides are still aluminum sandwiched […]
HMM union strike crisis and labor-management negotiation
September 15, 2021 by Leave a Comment
Yugyeong Jeong http://www.hmm21.com HMM is a global comprehensive shipping and logistics company that provides transportation services. It plays an important role in the national economy by transporting national strategic materials such as crude oil, coal, iron ore, and special cargo as well as various import and export products. Recently, HMM’s labor-management conflict has deepened. Both […]
Sponsors even ignore Tokyo Olympics…Noticing absence from opening ceremonies one after another
August 6, 2021 by Leave a Comment
Minjun Son 2021. 7. 20. Image source: AP Yonhap news Japanese media reported that companies sponsoring the Tokyo Olympics are refusing to attend the opening ceremony. Sponsoring companies are not classified as general spectators, so they can attend the opening cere`mony, but they are reluctant to attend in consideration of their corporate image. According to […]
UK to completely lift quarantine measures, including mandatory masks, starting on the 19th
August 6, 2021 by Leave a Comment
Minjun Son 2021. 7. 20. Image source : NEWSIS BBC reported on the 4th that the British government is expected to lift restrictions related to lockdown, including the mandatory wearing of masks in public places from the 19th while the momentum of the COVID-19 delta mutation continues. The British government was planning to apply these […]
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