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Korea-China FTA to upgrade economic cooperation: Presid...
Jul 01, 2013
President Park Geun-hye expressed her vision on Korea-China economic cooperation and co-development at a business forum held in Beijing on June 28. President Park, currently on a four-day state visit to China, delivered an address on bilateral economic cooperation at the Korea-Ch...

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New foreign investor rules reflect future hiring, IT se...
Jun 18, 2013
The size of future employment in Korea is a new requirement for designation of a foreign-invested company, and IT services have been added to the industry category for a foreign-invested zone. The Ministry of Trade, Industry and Energy said an amendment to an act promoting foreig...

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Mozambican leader: Korea ‘best partner for economic coo...
Jun 07, 2013
Mozambican President Armando Emílio Guebuza on June 5 hailed Korea as the “best partner for economic cooperation” in a bilateral business forum held in Seoul. “Korea is the country that successfully made a miraculous transformation from a war-torn country. This country is the bes...

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Hyun promotes Korean economy overseas
Jun 03, 2013
Deputy Prime Minister Hyun Oh-seok held an investment relations meeting in London on May 31 (London time) to promote the Korean economy overseas. Deputy Prime Minister Hyun Oh-seok speaks on the soundness of the Korean economy at the IR meeting held in London on May 31 (phot...

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India culture industry eyes Korea
Apr 05, 2013
The Korean wave has proven its potential in India. A total of 126 business meetings took place between twelve Korean firms, including CJ Entertainment and KBS Media, and 50 Indian companies, according to a statement released by the Korea Creative Contents Agency (KOCCA) on March ...

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The future is here at Seoul Motor Show
Mar 29, 2013
The cool morning air at Kintex in Goyang City, Gyeonggi-do (Gyeonggi Province) could not calm down the heated atmosphere at the 2013 Seoul Motor Show. Hundreds of journalists and VIPs from the auto industry took part in the press day held on March 28. A total of 331 automotive co...

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Haeundae’s popularity grows among foreign investors
Mar 18, 2013
Famous for its long beach, Haeundae District in Busan, attracts a large number of tourists from all over. Moreover, the seaside district, which is often compared to the affluent Gangnam District in southern Seoul, has become a magnet for foreign real estate investments. A group o...

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Korea’s medical services reach out to every corner of t...
Mar 07, 2013
A dozen Cambodian visitors including journalists, travel agents, and a public health official recently came to Korea to look around major hospitals in southern Seoul. They paid a four-day visit on the invitation of Gangnam District Office. This is the first time for the district ...

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Korean firms show off latest gadgets and technologies a...
Mar 05, 2013
Korea’s leading tech firms flexed their muscles with their latest gadgets and technologies at the 2013 Mobile World Congress (MWC). New products introduced at the MWC that just wrapped up in Barcelona, Spain, included the Galaxy Note 8.0 tablet PC by Samsung Electronics and Optim...

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Seoul Motor Show to be held in late March
Mar 05, 2013
The upcoming biennial Seoul Motor Show 2013 to be held in late March will be the biggest motor show the city has held ever. The motor show will run for ten days from March 29 to April 7 with great fanfare in Goyang, Gyeonggi-do (Gyeonggi Province) under the slogan “With nature, f...