gnb content footer

home

News Focus

Business

Business

Business RSS RSS

Business

Korea’s trade surplus records highest ever in first hal...
Jul 09, 2010
Korea’s surplus for trade and exports for the first half of this year recorded the highest ever in the country. The Ministry of Knowledge Economy reported that exports for the first half of 2010 marked USD 22.25 billion, which is a 35 percent increase from two years ago, breaki...

Gwangju City exports kimchi, rice cakes to U.S.
Jul 09, 2010
Gwangju Metropolitan City announced Sunday (Jul. 4) that Osaek Food Company, a kimchi manufacturer based there, recently exported 13 tons of kimchi products to the United States worth 47 million won. Another 10 kinds of Korean rice cakes (tteok) produced by two companies "Ihae-or...

Kimchi exports continue to rise
Jul 07, 2010
Thanks to the growing presence of Korean food overseas, kimchi exports last year surpassed 100 billion won once again, and have been maintaining an upward trend throughout this year, according to the Korea Customs Service.  In 2009, Korea exported 28,505 tons of kimchi that ...

Korea extends currency swap arrangement with Japan
Jun 24, 2010
The Bank of Korea has agreed with the Bank of Japan to extend the bilateral won-yen swap arrangement for another 3 years to and including July 3, 2013. The Bank of Korea agreed to enter into the bilateral won-yen swap arrangement with the Bank of Japan in May 2005, effective unt...

Seoul to host IPR and brand power seminar
Jun 22, 2010
The Korean Intellectual Property Office (KIPO) and Asia-Pacific Economic Cooperation (APEC) will jointly host the “APEC One Village One Brand Seminar” at Sheraton Grand Walker Hill Hotel in Seoul from Jun. 23 to 25. The purpose of the seminar is to further help understand the imp...

More foreign investment on Jeju Island
Jun 09, 2010
As island is receiving active foreign investment in tourism development construction including Yerae Leisure Complex by Berjaya Group, Jeju provincial government has vowed to attract more investments from neighbour country China. It is estimated to bring 2.3 trillion won out of 7...

A performance elevation agreement signed for Onsan Indu...
May 27, 2010
The Onsan Industrial Park Greenway Project which has been promoted by Ulsan City to improve the environment will be accelerated due to the voluntary participation of the companies operating in the industrial complex. The City of Ulsan announced that it would hold an Ulsan City-...

Daegu signs MOU with U.S. investment bank on Eco-Water ...
May 26, 2010
A plan is gathering momentum on the development of an Eco Water-Polis, which calls for the construction of a world-class waterfront tourism and leisure complex by the Nakdong River.   The investment inducement delegation on the development of Eco-Water Polis visited New Y...

3-D image research center to open in Busan
May 19, 2010
A 3D film research center will be established in the Centum City area of Busan to carry out research in the field and nurture related human resources.   Busan City recently announced that its ‘3D Image Research Center in the Southeast Region of Korea’ has been selected for...

Korea transfers agricultural technology to six nations
May 14, 2010
Korea’s agricultural technology has reached the world class level. Many developing nations in Asia, Africa and Central America are seeking technological assistance in this field.  In mid-November last year a kimchi tasting fair took place at Big-C Discount Mart in Hanoi, V...