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New Year's exercise

Models use a hula hoop and a walking machine at Lotte Mart’s Seoul Station outlet, Sunday. Lotte said it is offering a 20 percent discount on selected fitness items.                                                                                                       / Yonhap

Dec 30, 2012

Promoting banking app

Standard Chartered Bank Korea said it will distribute 2,013 beanie hats to people attending the ringing of the Bosingak Bell at midnight, New Year’s Eve, as part of efforts to promote its smartphone banking app called Breeze.                                                             / Courtesy of Standard Chartered Bank Korea

Dec 28, 2012

SK Telecom dominates LTE market

SK Telecom's employees hold up various smartphones supporting LTE to celebrate the firm reaching 7 million subscribers for the latest network service at its headquarters in downtown Seoul.By Cho Mu-hyunKorea’s largest mobile carrier SK Telecom is expanding its long-term evolution (LTE) service portfolio to cement its dominance in the local market.As a significant market player, it has been commercializing various LTE technologies to lure consumers hungry for data-intensive services – games, videos and chat – to ensure fast and stable connections.Among the 35 million smartphones owners in Korea, more and more consumers are now leaning towards fourth-generation (4G) LTE and moving past third-generation (3G). Industry observers estimate that by the next year, more than half of all handset owners will be using LTE-enabled ones.Mobile phone operators are competing fiercely to acquire as many subscribers as possible because the telecommunication market’s growth will stagnate next year due to equalized specifications in handsets and network advancements.However,

Dec 26, 2012

KB Kookmin launches 'KB Golden Life' service

KB Kookmin Bank launches the “KB Gloden Life Installment Savings,” a financial product for customers’preparation for old age.                                                                                   / Courtesy of KB Kookmin BankBy Kim Jae-kyoungKB Kookmin Bank has launched the “KB Gloden Life” service, a tailor-made service for customers’ happy and healthy old age.Through the systematic service, the bank provides customers with such services as asset management and consultations for health, leasure and start-ups.The bank, named by The Korea Times as the country’s leading corporate brand in banking, appears to have succeeded in shedding its image as a big and borrowing financial services provider by introducing innovative new services tailored to different types of consumers.This represents an impressive turnaround for the

Dec 26, 2012
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