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The future is here at Seoul Motor Show
Mar 29, 2013
The cool morning air at Kintex in Goyang City, Gyeonggi-do (Gyeonggi Province) could not calm down the heated atmosphere at the 2013 Seoul Motor Show. Hundreds of journalists and VIPs from the auto industry took part in the press day held on March 28. A total of 331 automotive co...


Haeundae’s popularity grows among foreign investors
Mar 18, 2013
Famous for its long beach, Haeundae District in Busan, attracts a large number of tourists from all over. Moreover, the seaside district, which is often compared to the affluent Gangnam District in southern Seoul, has become a magnet for foreign real estate investments. A group o...


Korea’s medical services reach out to every corner of t...
Mar 07, 2013
A dozen Cambodian visitors including journalists, travel agents, and a public health official recently came to Korea to look around major hospitals in southern Seoul. They paid a four-day visit on the invitation of Gangnam District Office. This is the first time for the district ...


Korean firms show off latest gadgets and technologies a...
Mar 05, 2013
Korea’s leading tech firms flexed their muscles with their latest gadgets and technologies at the 2013 Mobile World Congress (MWC). New products introduced at the MWC that just wrapped up in Barcelona, Spain, included the Galaxy Note 8.0 tablet PC by Samsung Electronics and Optim...


Seoul Motor Show to be held in late March
Mar 05, 2013
The upcoming biennial Seoul Motor Show 2013 to be held in late March will be the biggest motor show the city has held ever. The motor show will run for ten days from March 29 to April 7 with great fanfare in Goyang, Gyeonggi-do (Gyeonggi Province) under the slogan “With nature, f...


Korea, Colombia officially sign FTA
Feb 27, 2013
Korea and Colombia signed a bilateral free trade agreement, opening a new era of trade for both countries on February 21. The resource-rich Colombia is the tenth nation Korea has signed an FTA with and the third in South America, while Korea is the first Asian country to ink such...


'Korea, world’s second-most innovative country'
Feb 14, 2013
Korea is the second-most innovative country in the world according to Bloomberg Businessweek. In its annual Global Innovative Index, a list of the 50 most innovative countries, Korea gave away the top spot to the U.S. Korea ranks second out of 50 countries on Bloomberg’s annual...


Korea records highest ever current account surplus
Feb 08, 2013
Korea posted the highest ever current account surplus in 2012, despite difficult economic conditions around the world, as the Korean wave and overseas construction projects helped generate a surplus in the country’s service account for the first time in 14 years. According to a r...


Korea ranks first in ship orders for second year
Jan 22, 2013
Despite a slow economy and lower demand for new ships, Korea's shipbuilding orders topped the world for the second consecutive year in 2012 in terms of both volume and monetary value. According to the Ministry of Knowledge Economy (MKE) and the Korea Shipbuilders' Association (KO...


World's first underground thermal power plant to be bui...
Jan 07, 2013
A large underground thermal power plant will be built in Korea for the first time in the world. According to Korea Midland Power (KOMIPO), Seoul Thermoelectric Power Plant in Mapo District, western Seoul, will be retired in 2017 and remodeled into a cultural and sports complex in...