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IMD ranks Korea 22nd in world competitiveness
May 25, 2011
Korea was ranked the 22nd in this year’s World Competitiveness Yearbook by the Switzerland-based IMD.On May 18, the Ministry of Strategy and Finance reported on Korea’s improved ranking among the 59 countries considered, up a notch from last year.This the highest ranking Korea ha...

Busan Contents Market 2011 finds success, sales for Kor...
May 18, 2011
(Photo: Yonhap News)The fifth Busan Contents Market (BCM) successfully wrapped up on May 14 with the best performances in its history. BCM, which opened on May 12 at Bexco, gathers together TV entertainment contents and broadcasting technologies, and acts as a center for trade of...

Korea-EU FTA expected to stabilize consumer prices
May 13, 2011
The National Assembly's Foreign Affairs, Trade and Unification Committee passed the Korea-European Union Free Trade Agreement on May 4. The EU’s economy produces more than 1.5 trillion dollars, making up one third of world’s economy. The annual volume of trade between the EU and ...

Korea posts record monthly export growth in April
May 03, 2011
Korea's exports set a new record in April this year, receiving attention from international media.The country's exports recorded $49.7 billion in April, up $1.6 billion from $48.1 billion in the previous month, a 26 percent year on year growth, according to the Ministry of Knowle...

Korea tops Asian competitiveness ranking
Apr 13, 2011
Korea came in on top in comprehensive competitiveness rankings of Asian countries conducted by the Research Institute of Boao Forum, a Chinese economic think-tank.According to the report, Korea showed the highest level of competitiveness out of a total of 35 Asian countries, scor...

JCB to supply cranes for F1 Korea Grand Prix
Apr 06, 2011
United Kingdom-based multinational JCB will support the Formula 1 Korea Grand Prix by providing 18 cranes for support, the F1 Korea Grand Prix Organizing Committee said in March. Governor of South Jeolla Province and the head of committee, Park Joon-yung, JCB Sales Asia Pacific h...

2011 Seoul Motor Show, a "Green Revolution on Wheels"
Apr 01, 2011
The 2011 Seoul Motor Show is being held from April 1 to 10 at the Korea International Exhibition Center (KINTEX) in the city of Goyang. Under the theme 'Evolution, Green Revolution on Wheels,' the show, which is sponsored by the Ministry of Land, Transport and Maritime Affairs an...

Korean cities' economic volume to rank 6th in 2025: McK...
Mar 31, 2011
A recently published report said the economic volume of Korean cities will rank the sixth worldwide by 2025. (to see the original report, click here)"Urban world: Mapping the economic power of cities" was published by the McKinsey Global Institute, a global management consulting ...

Daegu a rising center for international conventions, to...
Mar 30, 2011
EXCO, a mega convention center in Daegu, is playing a key role in the city’s rise as a large-scale convention and tourism center.The third largest city in Korea is currently preparing to host several major international conventions and expositions, including the IAAF World Champi...

Korea Autoparts Plaza held in Bangkok
Mar 22, 2011
The Korea Autoparts Plaza at Dusit Thani Hotel In Bangkok (Photo: Yonhap News)The Korea Autoparts Plaza, a Korean auto parts exhibition, was held from March 17 to 18 at Dusit Thani Hotel in Bangkok, Thailand.Organized by the Korea Trade-Investment Promotion Agency (KOTRA) an...