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Foreign press praises Korea Sale Festa
Oct 20, 2016
Members of the foreign press attend a Hanbok fashion show in front of the Doota Mall in Dongdaemun in eastern Seoul on Oct. 19 as they cover the Korea Sale Festa. Members of the foreign press have covered the Korea Sale Festa in detail, all while directly enjoying the festiva...


Korean products win popularity worldwide
Oct 13, 2016
On Oct. 11, KOTRA unveils a list of 100 goods made in Korea that are popular overseas.What do cosmetics, construction equipment, LEDs and automobile batteries all have in common? They're all some of the great made-in-Korea products that have been growing in popularity in ...


Nationwide sale, tourism discounts begin
Oct 05, 2016
Department stores and street stalls in Sogong-dong in central Seoul are crowded with shoppers, while placards and banners announce the launch of the Korea Sale Festa, on Oct. 1 in Seoul. A country-wide series of shopping sales, tourism discounts and pop concerts, collec...


FDI hits record high during first 3 quarters 2016
Oct 05, 2016
Foreign direct investment (FDI) coming into Korea has been on the rise, despite economic uncertainties such as a global economic slowdown and issues surrounding North Korea's nuclear weapons. The Ministry of Trade, Industry and Energy announced on Oct. 4 that newly register...


Korea Sale Festa kicks off with K-pop concert
Oct 05, 2016
2PM performs during the opening ceremony for the Korea Sale Festa along Yeongdong-daero Boulevard in Gangnam-gu District, Seoul, on Sept. 30. K-pop bands, singers and dancers all came together to help launch this year's Korea Sale Festa. On Sept. 30, the nation's largest-e...


BioFach America 2016 to serve up organic Korean food
Sep 19, 2016
Nine Korean organic food companies will showcase their range of goods at the upcoming BioFach America 2016 trade fair in Baltimore, Md., running from Sept. 22 to 24. Pictured are scenes from last year's BioFach organic food fair. The National Agricultural Products Quality M...


US investors eye Korean tech
Aug 18, 2016
A special fair in Los Angeles has reaffirmed that there is much interest among U.S. investors in a range of Korean products and advanced technologies. The Creative Economy Global Roadshow, running from July 29 to 31, had a total of 90 Korean companies, including 19 startups,...


S&P raises Korea's credit rating one level to AA
Aug 09, 2016
On Aug. 8, Korea's credit rating was increased one level to AA by Standard & Poor's, the agency's third-highest possible rating. On Aug. 8, Standard & Poor's raised Korea's sovereign credit rating from AA- to AA with a stable outlook, the agency's third-highest possible...


Chile, Iran to adopt Korean water resource tech
Jul 29, 2016
Eduardo Abuauad (left), CEO of Essbio, and Lee Jin Ho, director of waterworks at the Korean Water Resources Corporation, pose for a photo on July 20 after signing an agreement on a non-revenue water (NRW) reduction project in Talca, Chile. Korea's water resource management ...


Korean fintech makes inroads in UK
Jul 26, 2016
JY Tech, a Korean fintech startup, signs a USD 250,000 research investment deal with Standard Chartered Bank during the 'Korean Fintech Open-day' held on July 22 at Level39, a startup center in London. A range of innovative, financial services offered by Korean fintech compan...