News Focus
Business
Business
Business
- Korean automobile companies rule Super Bowl ads
- Feb 22, 2012
- A commercial for the Veloster Turbo, one of Hyundai Motor Company’s automobile models, ranked seventh among the 2012 Super Bowl commercials in the consumer preference survey conducted by USA Today. Among the 15 car commercials during the Super Bowl this year, it rated as second b...
- Seoul sees enduring FDI
- Feb 17, 2012
- Despite the continuing global economic recession that has struck the U.S. and Europe, the amount of foreign direct investment (FDI) to Seoul Metropolitan City has been increasing. Focusing on the service industry, investments from European countries including Malta, the ...
- Korean cosmetics record sales of over 10 trillion won
- Feb 15, 2012
- Sales of domestic cosmetic products in Korea exceeded 10 trillion won last year.The popularity of the Korean wave, or Hallyu, has greatly contributed to the rapid growth of the Korean cosmetic market. Korean cosmetic companies attract foreign nationals through various ...
- Incheon airport hit largest number of transfer passenge...
- Feb 09, 2012
- The number of transfer passengers at Incheon International Airport has rapidly increased, hitting a record high in January. The Incheon International Airport Corporation (IIAC) recently announced that the number of transfer passengers passing through the airport in January recor...
- SMBA helps social enterprises
- Feb 03, 2012
- Social enterprises in Korea now can receive financial support from the Small and Medium Business Administration (SMBA). The SMBA, along with the Credit Guarantee Foundation and the Small and Medium Industry Bank, recently established a special guarantee for social enterprises ...
- Korea sees surplus for 22 consecutive months
- Jan 31, 2012
- Korea recorded a surplus of USD 27.65 billion in 2011. The current account, the sum of the balance between exports and imports, registered a surplus of USD 3.96 billion for December 2011, having been in the black for 22 consecutive months since March last year. Accor...
- Hyundai and Kia prove their competitiveness in the U.S.
- Jan 26, 2012
- The brand and product competitiveness of Hyundai Motor Co. and Kia Motors in the American market have received high praise. TrueCar.com, an automotive solutions provider focused on new car pricing, trends, and forecasting, recently posted the 2011 Annual Performance Scorecards f...
- Economic Prospects for 2012: Korea benefits from free t...
- Jan 20, 2012
- Amid growing uncertainties and the struggling economic landscape of the world, Korea remains one of the few sound spots with a relatively positive outlook and potential growth rate in 2012, backed up with firm policy initiatives behind the smoldering global financial crisis. On J...
- The new trend in Korea: Half-priced products
- Jan 17, 2012
- The competition among retailers in Korea to lower prices has intensified. Starting with eliminating distribution channels, retailers now produce private brand (PB) products to offer products at lowest prices. Large discount stores such as E-mart and Lotte Mart have started sellin...
- Small and medium companies welcome KORUS FTA
- Jan 12, 2012
- It seems that small and medium enterprises in Korea are welcoming the ratification of the Korea-U.S. Free Trade Agreement (KORUS FTA). Since over 80% of small and medium manufacturers in Korea work under a supply contract with larger conglomerates, it looks like the chances for t...
Copyright © 1999- KOCIS. All rights reserved.