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Subway stations now serving premium coffee and haircuts
Dec 05, 2011
As public transit ridership continues to grow, subway stations in Seoul are being transformed from transit points into multi-purpose social spaces.In recent months, express cafés selling premium coffee at 990 won a cup have popped up in subway stations across the city, amassing i...


Global praise for quality and design of Korean automobi...
Nov 29, 2011
The status of the Korean automobile industry has been improving thanks to the myriad awards and excellent ratings they have received from world-renowned competitions and tests. Korean automobiles have received top evaluations on several safety tests and dominated a number of auto...


Expo arrives in Paris to shed light on the Korean Wave
Nov 25, 2011
The Korea Brand and Entertainment Expo (KBEE), an exposition seeking to promote Korean brands alongside cultural and media content, opens its doors on December 1, at the Espace Grande Arche in La Défense, a major business district of Paris, France. Korean Entertainment ...


Korea’s mobile phone industry to take new shape
Nov 18, 2011
A new cellular network policy will allow mobile phone users to purchase their mobile devices from a variety of distribution channels (Photo: Yonhap News).Come May 2012, picking and choosing will become the norm for mobile phone users in Korea. The Korea Communications Commis...


Corporate philanthropy resonates with the spirit of cre...
Nov 18, 2011
Korean enterprises have been promoting art through different channels: collecting, sponsorship, and more recently, incorporating artistic components into product design or even advertisement campaigns, contributing significantly to the development of arts scenes in Korea. The 201...


Korea becomes Vietnam’s top investor
Nov 17, 2011
Korean companies are actively advancing into Vietnam in various sectors including distribution, logistics, and construction. Vietnam is gaining attention as a hub of the Association of South East Asian Nations (ASEAN) and for its rapid growth as a manufacturing base and market in...


Special feature by the Economist: What does Korea do wh...
Nov 17, 2011
The British weekly magazine the Economist featured a special piece about the Korean economy on November 14. It looked at Korean economic development and its current status along with the direction that the country needs to aim to maintain its growth. The article pointed out that...


Korea-EU FTA increase Korea's automobile exports
Nov 04, 2011
Korean automobile exports to the EU have increased by 110% after the EU-Korea FTA went into effect. Trade with other countries that signed an FTA with Korea has also increased. According to a report on the effects of the FTA published by the Ministry of Strategy and Finance on ...


Korean banks run foreign employees training programs
Nov 04, 2011
KEB started training programs that invite overseas employees to Korea for the first time in Korea. (Photo: KEB)Korean Banks are inviting their overseas employees to Korea to offer them various training programs. The programs are mostly conducted to inform them about Korean cultur...


Financial services for foreign nationals in Korea to im...
Oct 20, 2011
As the number of foreign nationals residing in Korea has exceeded 1.2 million, exclusive financial services dedicated to them have also increased and diversified. In the last couple of years, services for overseas remittance have especially increased. Some banks now open on Sunda...