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Conditions for a 4th industrial revolution
Lately, the fourth industrial revolution is the hottest topic. Every presidential runner makes a promise to prepare for the fourth industrial revolution. The government is making a fuss about making the fourth industrial revolution policies. Companie…
Mar 03,2017
Team Korea rises again
Good news came from overseas infrastructure market as 2017 began. In Turkey, a Korean company is likely to be selected as the priority negotiation partner for the 3 trillion-won ($2.65 billion) Canakkale bridge project, beating a Japanese rival. In E…
Mar 02,2017
Help start-ups create jobs
Even before the Constitutional Court rules on the impeachment of Park Geun-hye, the next presidential race has already begun. Many ruling and opposition politicians are competing. But none has proposed a clear vision in economic policy. Some ment…
Feb 27,2017
What would you do in China’s situation?
Since China allegedly took several measures to retaliate against South Korea over its decision to deploy the Terminal High Altitude Area Defense (Thaad) antimissile system, there have been quite a few opinion pieces coming out of conservative South K…
Feb 23,2017
Link the energy industry to ICT
The energy industry is evolving in the fourth industrial revolution. The power generation industry, for example, used to replace facilities after a certain period regardless of the condition, which incurred certain financial loss routinely. But since…
Feb 20,2017
Time to use solar power for farming
Jühnde is a farming village near Gottinggen, Germany. The small village of about 170 households has a self-sufficient energy system with renewable energy instead of using fossil fuel. The surplus energy after village’s consumption is sold to oth…
Feb 17,2017
Rice flour has the answer
While about 2 million tons of flour is consumed annually, Koreans only consume about 400,000 tons of processed rice products. The conventional mindset simply associating rice with steamed rice has hindered the industry from catering to the changing c…
Feb 16,2017
A second Plaza Agreement is coming
The trade protectionism of the Trump administration is created by American people’s antagonism. They cannot understand the reality where no jobs are added and wages don’t go up. They think it is politicians’ lie that they can buy good products at low…
Feb 09,2017
Preparing for a fourth industrial revolution
Innovative technologies like artificial intelligence, the Internet of Things (IoT) and robots are integrated into existing industries and make smart cars, smart homes and smart factories possible. Quality jobs are created, and convenience of living a…
Feb 07,2017
Radon sensors required
The Korean Peninsula had long been considered a relatively safe area from earthquakes. But on Sept. 12, 2016, Gyeongju city was hit by a 5.8 magnitude earthquake, the strongest since records began in 1978. As of 3 p.m. on Nov. 19, there had been a t…
Feb 06,2017
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