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FTA boosts Korea-EU trade within 2 weeks of ratificatio...
Jul 20, 2011
After the ratification of the free trade agreement (FTA) between Korea and the European Union earlier this month, the volume of bilateral trade showed a noticeable increase in the first two weeks since the ratification of the Korea-EU free trade pact on July 1.The Korea Customs S...

Korea’s automobile exports hit record high
Jul 15, 2011
Despite high oil prices, Korea’s automobile exports hit a new record high in the first half of the year.South Korea’s automobile exports grew, thanks to strong demand from emerging economies and improved brand image, a government report said on Thursday.According to the Ministry ...

Ripe coffee berries
Jul 15, 2011
Staff harvesting red ripe coffee berries from hundreds of trees at Korea's first commercial coffee plantation in Gangnueng, Gangwon Province. (Photo: Yonhap News)By Jessica Seoyoung ChoiKorea.net Staff Writer

Prepaid card launched for foreign visitors
Jul 15, 2011
A Korean card company launched the worlds’ first prepaid card that automatically refunds internal taxes to foreign visitors. Shinhan Card announced on July 11 that it launched the “Shinhan Love Korea Gift/Prepaid Card” on July 12. In order to get back the locally paid Korea...

Korean Expo 2011 introduces new products and partnershi...
Jul 12, 2011
The first ever Korean Expo 2011 was successfully finished up its run at the Sandton Convention Center in Johannesburg, South Africa, on July 6. Organized by the Ministry of Knowledge Economy of Korea and the Korean Trade-Investment Promotion Agency (KOTRA), the Expo explored...

Korean electronics, cars win hearts of overseas consume...
Jul 01, 2011
Korea’s leading industries and major firms like Samsung, LG and Hyundai have performed extremely well overseas, winning recognition from international consumers and getting favorable responses from overseas customers.Samsung Electronics announced on June 26 that it was named the ...

Korea Machinery Fair hits Shanghai
Jun 28, 2011
The Korea Machinery Fair Shanghai 2011, hosted by the Korea Association of Machinery Industry (KOAMI) and sponsored by the Ministry of Knowledge Economy, will be held in Shanghai, China from June 28 to July 2.Since its launch in 2006 in Beijing, China, the fair has opened its doo...

Korea Creative Content Agency featured at Asian Attract...
Jun 22, 2011
The Korea Creative Content Agency is attending the Asian Attractions Expo 2011 at Singapore’s Resorts World Convention Center from June 21 to 24.The expo features innovative products, games and amusement rides, and hosts a number of special events and education sessions for indus...

International Origin Conference discusses Korea FTAs
Jun 09, 2011
An international conference encompassing origin verification systems with a focus on Korean Free Trade Agreements (FTA) with United States and European Union took place on June 9 at Lotte Hotel World. The International Origin Conference seeks to promote Korea’s upcoming FTAs and ...

More global banks to launch branches in Korea
May 31, 2011
As more Korean companies advance into the global market and domestic financial markets expand, international banks have also started to expand into the Korean market. Korean financial authorities announced on May 29 that Santander Bank, the largest bank in Europe, is planning to ...