gnb content footer

home

News Focus

Business

Business

Business RSS RSS

Business

653 20170207 Chopstick.jpg

Korean chopsticks attract Japanese diners
Feb 07, 2017
Chopsticks designed by artists from Cheongju are on display at the Nagoya Tabletop Show in Nagoya, Japan, on Jan. 18 and 19. Korean chopsticks will soon be lying more often at Japanese table settings. Chopsticks made by local artists from Cheongju-si, Chungcheongbuk-do Pro...

653 20170206 Ramyeon 1.jpg

Korean instant noodles captivate Asia
Feb 06, 2017
Korean instant noodles, also known as ramyeon, continue to thrive overseas. According to the Ministry of Agriculture, Food and Rural Affairs (MAFRA), Korea’s exports of instant noodles in 2016 were worth USD 290.41 million, 32.7 percent higher than in 2015 when exports hit USD ...

653 20170203 lightrail.jpg

Korean light rail to carry visitors to Jakarta 2018 Asi...
Feb 03, 2017
A Korea-made light rail will connect the athletes’ village and various sporting venues, consuming less electricity and producing less noise than comparable transport systems. A light rail train made by a Korean company will play a major part in carrying athletes and visitors to...

Darlim_TTurkey_bridge_day_main.jpg

Korea to build world’s longest suspension bridge
Feb 02, 2017
A consortium led by Daelim Industrial and SK Engineering & Construction (SK E&C) has been selected as the preferred bidder for the 3.7-kilometer Canakkale suspension bridge and its connected highway across the Dardanelles. Korean construction companies are likely to win...

icemaker_singa_L_main.jpg

Smaller firms lead exports through innovation
Jan 25, 2017
Once installed, Snowtech’s All Weather Snowmaker can make it snow indoors in temperatures as warm as 25 C. The photo shows an ice cream shop along Orchard Road, Singapore, where the All Weather Snowmaker makes it snow indoors. What if we try to sell a snow-making machine in a c...

KoreaMOOC-ePostcards-main.png

World Bank Group Launches a Free MOOC on Korea’s Develo...
Jan 11, 2017
For countries seeking to accelerate the pace of development, Korea’s strategy and the policies it has employed to continually transform its economy, are a rich source of lessons. Late starting low-income countries and middle-income countries can derive insights from Korea’s trans...

170106_foreigninvestment_main.jpg

Foreign direct investment exceeds USD 20 billion
Jan 06, 2017
Korea hit a new record high in foreign direct investment (FDI) last year, according to a report released on Jan. 3 by the Ministry of Trade, Industry and Energy. In 2016, total FDI into Korea reached USD 21.3 billion, a figure 1.9 percent higher than the previous year's figu...

Dot_cell_L2_main.jpg

World eyes 1st-ever braille smartwatch
Jan 05, 2017
Checking the time, finding a mobile phone or reading a text message. All these are easy things to do for many people, but it can cause difficulties for those who are visually impaired. Many people enjoy information and communications technology (ICT) and share informatio...

Bismaya_town_view_L1_main.jpg

Iraq committed to working with Korea on new housing dev...
Jan 04, 2017
The newly built 'A Town' housing development in Bismayah New City, Iraq, is being constructed by Hanwha Engineering & Construction. The Iraqi government has shown its willingness to continue cooperating with Korea on the construction of new housing developments and has recent...

JoongangIlbo_Smaller_Comapnies_WorldTop_Products_MAIN2.jpg

93 Korean products selected as ‘2016 World-Class Produc...
Jan 02, 2017
A total of 93 products manufactured by 106 Korean companies have been listed as “World-Class Korean Products of the Year.” On Dec. 28, the Ministry of Trade, Industry and Energy unveiled a list of 93 of the best items that stood out in 2016 on the global scene. The items rang...