SEOUL, KOREA – The Ministry of Science, ICT and Future Planning (MSIT) has set out to improve Korea’s online search service system. Many believe MSIT’s such move is probably taking aim at NHN, the operator of Naver (S. Korea’s most popular search engine) since NHN is currently being investigated by Fair Trade Commission (FTC) for alleged power abuse and unfair trading.
SEOUL, KOREA – The Korean government is poised to re-start negotiations on a Korea-Russia FTA in five years. On Tuesday, the Korean government said that it will make efforts to resume negotiations on a Korea-Russia FTA at an earlier date.
SEOUL, KOREA – Two lawmakers of South Korea's main opposition party are determined to drastically revise Electronic Financial Transaction Act and Digital Signature Act in order to introduce various online security and certification technologies.
SEOUL, KOREA – The Park Geun-hye administration’s creative economy policy is expected to make headway. On May 29, the Korean government will unveil an inter-ministerial roadmap for implementing the creative economy policy.
SEOUL, KOREA - According to the joint response team comprised of experts from the private sectors, the government and the military, the cyber attack against Korea’s financial institutions on March 20 was done by the North after building a very detailed plan at least eight months beforehand.
SEOUL, KOREA - It has been surveyed that four social minor groups including the disabled, low-income brackets, farmers and fishermen and elderly people have very limited access to mobile information compared with the ordinary people. The government is planning to support the socially underprivileged regarding the mobile information access.
SEOUL, KOREA – It is urgent to set up a one-stop solution system that will coordinate U-turn company support programs that have been implemented separately by different ministries. U-turn companies mean domestic companies, which had built their production bases in other nations to cut production costs, made a U-turn to Korea.
SEOUL, KOREA – On Thursday, on the final leg of her trip to the US, South Korean President Park Geun-hye will meet with leading figures who spearheaded infusing the concept of “creative economy” into the US economy.
SEOUL, KOREA - Kim Ggot-maeum (43), a manager of the Ministry of Future, Creation and Science, is a science and technology expert who passed National Examinations for Public Administration and has a doctorate from Cambridge University where she studied on government scholarship. But she has been just staying at home for as many as four months as she is one of those waiting to be assigned.
SEOUL, KOREA - National IT Industry Promotion Agency (NIPA) announced on the 2nd that it would select 15 tasks in participating in ‘2013 Open Source SW Development Support Project’ and make relevant contracts by the 7th. The Agency is to put KRW 1.3 billion in total to help companies and individual businesses implement their tasks and relevant communities.
SEOUL, KOREA - The free trade agreement (FTA) between Korea and Turkey is going to take effect as of May 1st. Tariffs imposed on color TVs and fridges will be gradually lifted within 7 and 5 years respectively.
SEOUL, KOREA - When allocating the budget for next year, the government is planning to focus on the areas related to the creative economy such as expanding creative and converged R&D, creating jobs and finding ICT convergence business opportunities. The government is also going to allot a great portion of the budget for fostering promising SMEs.
SEOUL, KOREA – The software industry has emerged as the centerpiece of the Korean government’s creative economy agenda. The government has rolled up its sleeves to promote the software industry, drawing up as many as 140 major national tasks related to software.
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