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NH Farm brings healthy produce to world markets
Jul 14, 2016
Representatives from the National Agricultural Cooperative Federation announce the new brand NH Farm, an umbrella brand that will cover many of the cooperative's agricultural exports, on July 13 in Seoul. A new brand that symbolizes the quality and safety of Korean agricultural...


FDI in Korea hits new record high in 1st half
Jul 07, 2016
Foreign direct investment (FDI) into Korea hit a record high in the first half of this year. The Ministry of Trade, Industry and Energy announced on July 4 that the officially registered amount of FDI in the first half of the year rose by 18.8 percent to USD 10.52 b...


Korean transport systems gain international recognition
Jun 28, 2016
Two cities in New Zealand, Wellington and Auckland, have been using transport card systems based on Korean technology since 2008. The photo above shows commuters in Wellington using the transport card system to pay their bus fare. New Zealand, Malaysia, Mongolia, Colombia… T...


Korean, UK producers collaborate on documentaries
Jun 22, 2016
MBC and the U.K.'s Zigzag Productions have agreed to the joint production of a three-part documentary about artificial intelligence, and signed an agreement to that effect on June 13 in London. Korean and U.K. TV producers will now be working on the joint produc...


Korean fintech expands to Southeast Asia
Jun 20, 2016
Korean firm Fintech Magic holds a meeting with Cambodian businesspeople at Fintech Demo-day in Cambodia, in Phnom Penh on June 13. Korea's fintech startups have expanded their reach into Cambodia and Singapore. Financial technology, also known as fintech, descri...


Korean cosmetics on the rise in Poland
Jun 16, 2016
A panel of industry professionals discuss ways to vitalize collaboration between Korean and Polish cosmetics companies at the K-Beauty in Poland trade fair on June 10 in Warsaw. The popularity of Korean cosmetics has spread to Poland. The export of Korean cosme...


High-speed electric trains to hit tracks by 2020
Jun 09, 2016
Korail, the national railway operator, has selected Hyundai Rotem to supply EMU-250 high-speed electric train cars for the Gyeongjeon Line, linking the Gyeongsangnam-do and Jeollanam-do provinces of Korea. The trains, with a maximum speed of 250 kph, are expected to compete for c...


Korea, France to cooperate on new industries, cross-bor...
Jun 03, 2016
President Park Geun-hye speaks at the Korea-France Business Forum in Paris on June 2. The president, currently on a state visit to France, suggested that the two countries cooperate on new industries of the future and on cross-border startups. President Park Geun-hye has ...


President Park stresses Korea-Kenya economic expansion
Jun 01, 2016
President Park Geun-hye delivers her speech at the Kenya-Korea Business Forum in Nairobi on May 31. "I have no doubt that our two nations will pioneer new markets and discover new engines of economic growth." President Park Geun-hye stressed the importance ...


Korea, Uganda agree to boost economic cooperation
May 30, 2016
During her state visit to Uganda, President Park Geun-hye discusses bilateral ties, particularly cooperation on economic development, during summit talks with Ugandan President Yoweri Museveni on May 29. Korea and Uganda have agreed to form a stronger economic partnersh...