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* Date : 2013-06-21

In-depth report
Where is Korea's deflation headed?
The growth rate in consumer prices has fallen to the level similar to when South Korea bailout fund from the international monetary fund, during 1997/8 Asian financial crisis.
According to Statistics Korea, the consumer price index in May rose 1-percent year on year. This is the lowest rise in 13-years and 8-months compared to the 0.8-percent rise back in September of 1999.
Korea’s sluggish economy is attributed to decrease in household and company expenses.
The slow rise in consumer prices is raising concerns that is facing risk of deflation.
We will look into the consumer price data and what it reflects about the Korean economy.


Hidden champions
The leader in cosmetic color contact lens, NeoVision
Korea's hidden champion has kept a strong position in the cosmetic contact lens market that is increasing every year.
NeoVision has been in the contact lens business for the past 20-years with a good reputation in product quality at home and abroad.
NeoVision has jumped into the global market dominated by big names like BauschLomb and Acuve by introducing its contact lens and color lens that are safe from discoloration.
NeoVision contact lens is popular in South East Asia and in the MiddleEast,exportedtosome55-countriesaroundtheworld.
We highlight the reason behind the success of the leader in cosmetic contact lens.


Interview
The era of ICT! A check on security?
Interviewer : Doctor Lee Jong-kwan, Media & Future Institute
It's difficult to imagine a day without the smart phone and internet access!
Koreans enjoy the convenience of easy internet access coupled with wide availability of the smart phone.
Contrary to the convenience technology brings there is also a dark side.
ICT related crimes like voice fishing and cyber terror are emerging as big threats.
Personal information is at risk of being exposed into unwanted places due to big data gathering.
The Korean government has selected ICT to become the core of the creative economy policy which is why it needs to be prepared in cyber security system.
We find out about Korea’s cyber security level and ways to strengthen it.


ICT
3D Graffiti Technology followed by the era of 4D!
The butterfly drawn on a screen comes to life, fluttering its wings as it seems to be flying out of the screen…
Korean researchers have been behind the 3D graffiti canvas technology which breathes life onto the screen.
In the past 3D technology created three-dimensional images of the environment, water and wind.
The recent development has paved way for interactive 4D technology.
The interactive technology is expected to bring huge progress in 4D contents.
For example it will allow someone to touch images of dinosaurs and rain drops on the display screen.
We will highlight the evolution in display technology, from three-dimensional 3D technology and 3D graffiti canvas technology which brings images to life for an interactive 4D experience.



North Korea
North Korean motive for controlling defectors?
Young North Korean defectors, mostly orphans, also referred to as flower-swallows who fled their country to wander around China were in the process of escaping to South Korea when they were forced back to North Korea.
North Korean authorities sent in a plane to collect the defectors in a 007 like operation.
What will happen to these young defectors?
In some cases defectors residing in South Korea return to North Korea which experts believe could be the result of continuous threat and pressure to return.
What is the motive behind North Korea's recent moves?



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