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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...

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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...

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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...

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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...

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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...

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Underwater tunnel linking Asia, Europe opens
Dec 26, 2016
The Eurasia Tunnel linking Europe and Asia under the Bosphorus Strait opens on Dec. 20. This is the longest double-story, car-only tunnel in the world. SK E&C CEO Choi Casey poses for photos with Korean and Turkish construction representatives. An underwater sea road has be...

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New high speed railway launched to win customer satisfa...
Dec 09, 2016
The new Super Rapid Train (SRT) was launched on Dec. 8. The new train route connects Suseo Station in southern Seoul, Daejeon, Busan and Mokpo. The launch means that the SRT and Korean Train Express (KTX), the existing high speed trains, must compete to provide a superior service...

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Korean consumer goods showcased in South Africa
Nov 24, 2016
A local buyer has a one-on-one meeting with a Korean art supplier at the Korea Premium Consumer Goods Showcase 2016, in Cape Town, South Africa, on Nov. 21. A convention showcasing a wide range of Korean consumer goods was launched for the first time in South Africa. The...

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Chinese online store serves up fresh Korean food
Nov 16, 2016
The Chinese-language online store Hanshin Food allows Chinese buyers to check, in real time, information about a range of Korean food items that can be exported to mainland China. It is becoming easier and easier for Chinese buyers to get their hands on information on delici...

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IT industry seeks new opportunities in Silicon Valley
Nov 07, 2016
The Ministry of Science, ICT and Future Planning hosted the 2016 K-global@Silicon Valley conference in Santa Clara, CA, on Nov. 2 and 3. The event is aimed at helping small and medium-sized Korean venture firms and startups from across the IT industry expand their business overse...