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(Photo by: Atsushi Tomura / Getty Images News) A group of lawmakers submitted a bill that aims to revise the existing Electronic and Telecommunications Business Act.

Sep 26, 2015 AM EDT - Diana Tomale

A Group Of South Korean Lawmakers Submit A Bill That Aims To Revise The Existing Electronic And Telecommunications Business Act

A group of lawmakers submitted a bill on Wednesday that seek for the revision of Electronic and Telecommunications Business Act as they want to have more transparency in smartphone services.

Boy using a smartphone (Michael H / Getty Images)

Oct 07, 2015 AM EDT - Czarelli Tuason

Children And Senior Citizens Emerge As A Prospering Market For Smartphones and Wearable Smart Devices

Smartphones and other wearable devices are being developed by tech companies suitable for their growing children and elderly market.

Discount store in South Korea

Sep 24, 2015 AM EDT - Ji Hyun Joo

1,500 Union Workers Stage Strike After MBK Purchases Second-Largest Discount Store In South Korea

Home Plus union workers reportedly staged a strike.

Unionized workers stage a strike against Hyundai Kia Automotive Group in 2014 | By: Jung Yeon Je | Getty Images

Oct 06, 2015 AM EDT - Czarelli Tuason

Unionized Workers Of Hyundai Motor Goes On A Partial Strike For Wage Agreement Issues

On Wednesday, unionized workers of Hyundai Motor went on a partial strike twice in one day, which will continue until Friday, in all three plants of the company.

Entrance to the Museum of Modern Art (MoMa) in New York | By: George Rose | Getty Images

Sep 24, 2015 AM EDT - Czarelli Tuason

Hyundai Card To Launch "Global Museum Student Pass" Event, Allowing Korean Students Unlimited Admission To Leading Art Museums

On Sept. 25, Korean credit card company Hyundai Card will be launching their "Global Museum Student Pass" event to grant Kroean students unlimited access to the top four art museums of the world.

Samsung Galaxy S6 (Photo by Spencer Platt / Getty Images News)

Oct 21, 2015 PM EDT - Czarelli Tuason

Analysts Predict A Low Profit For Samsung Electronics In The Third Quarter Of 2015

As sales for Samsung Electronics' smartphones continue to struggle, analysts forecasted low profits for the tech giant with a 6.4 percent decline.

News of updated growth forecasts are also published on the bank's official website.

Sep 23, 2015 AM EDT - Pebbles Montales

ADB Cuts Growth Forecasts in Developing Asian Countries; Details Released!

Following the ongoing economic backsliding of China and India, ADB lowers its growth forecasts for other Asian countries.

(Photo by: Jeff J Mitchell / Getty Images News) GS EPS announced the completion of the Asia's largest biomass plant in South Korea which can generate up to 105 megawatts (MW) of electricity.

Sep 19, 2015 AM EDT - Diana Tomale

South Korean Utility Firm GS EPS Announces Completion Of Asia’s Largest Biomass Plant In Dangjin

GS EPS announces completion of Asia's largest biomass plant which is located in Dangjin, South Korea. The plant can generate sufficient electricity than can be used for an hour by 110,000 people.

(Photo by: Carl Court / Getty Images News) The Iraqi government has given Korean company Hanwha E&C 240 billion won as prepayment for the new-town building project.

Sep 15, 2015 PM EDT - Diana Tomale

Iraqi Gov't Pays 240 Billion Won to Korean Company as Advance for Construction Project

As promised during the signing of the deal last April, the Iraqi government gave Hanwha E&C 240 billion won as prepayment for the new-town building project.

Lawyer holding old book and justice scale | By: Cristian Baitg | Getty Images

Sep 12, 2015 AM EDT - Czarelli Tuason

South Korea Lifts Restriction To Foreign Lawyers And Law Firms

Since imposing the restriction in 2011, South Korea opens their country to foreign lawyers and law firms.

Hyundai Motors

Sep 15, 2015 AM EDT - Diana Tomale

Unionized Workers At Hyundai Reportedly Votes For A Strike Over Wage Deals

Unionized workers at South Korean multinational automotive manufacturer Hyundai Motor have voted to go on strike unless a deal to increase their salary will be reached.

(Photo by: Justin Sullivan / Getty Images News) GM Korea's Chevrolet Impala sedan becomes a hit in South Korea.

Sep 11, 2015 AM EDT - Diana Tomale

Over 5,000 Orders of Impala Might Just Help GM Korea Increase Its Local Market Shares On Full-Size Sedans

GM Korea's Impala sedan has become a hit in South Korea after its launch in the country last month. The company aims to sell 20,000 units in South Korea per year.

Robotic arm holding metal gears | By: Ryan Etter | Getty Images

Sep 10, 2015 AM EDT - Czarelli Tuason

Manufacturer YST Is US-Based Adept Technology's Newest Distributor of Robot Solutions In Korea

YST has entered into an agreement with Adept Technology to become the latter's newest distributor of industrial robot solutions in Korea.

Samsung Electronics' Galaxy smartphones | By: Sean Gallup | Getty Images

Sep 10, 2015 AM EDT - Czarelli Tuason

Samsung Electronics Will Reduce Its Workforce By 10 Percent Due To Declining Overall Sales

Samsung Electronics plans to lay off 10 percent of its workforce in the Seocho-dong headquarters following a $40 billion loss in the company's market value.

Kumho Tire shop in Seoul, South Korea | By: Bloomberg | Getty Images

Sep 09, 2015 AM EDT - Czarelli Tuason

Kumho Tire Announces Factory Lockout As Workers' Protests Over a New Pay System Continue

Kumho Tire has announced factory lockout starting Sunday as union protests over a new pay system continue for more than 20 days.

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