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Korea gives visitors a warm welcome
Feb 04, 2014
Korea has rolled up its sleeves to more-warmly welcome visitors and to help them feel at home during their stay. The National Hospitality Campaign for Visiting Foreigners was launched on January 29, starting with a street campaign in Myeongdong, one of the most popular destinatio...

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Tourism holds keys to economic growth: President
Feb 04, 2014
President Park Geun-hye emphasized that tourism creates a large amount of added-value and plays an important role in raising the people’s happiness index on February 3 during a tourism and employment meeting at Cheong Wa Dae. “As tourism can create greater added-value, the govern...

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Gov’t to commercialize 5G technology by 2020
Jan 27, 2014
The government intends to commercialize fifth generation mobile telecommunication technology (5G) for the first time in the world by 2020 and it will invest KRW 1.6 trillion into the technology over the next seven years. The next generation standard is, in theory, one thousand ti...

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Gov’t to provide financial support for artists
Jan 27, 2014
Starting this year, the Korean government will provide financial assistance similar to unemployment benefits to artists who suffer from a low income. The Ministry of Culture, Sports and Tourism and the Korean Artists Welfare Foundation announced the joint welfare project for arti...

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Korea helps build early warning system in the Philippin...
Jan 24, 2014
Korea will help the Philippines build an early warning system to prevent damage from typhoons and floods. Korea’s National Disaster Management Institute (NDMI) and the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) signed a memorandum of agr...

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Entrepreneurship is key to a creative economy: Presiden...
Jan 23, 2014
President Park Geun-hye has emphasized that entrepreneurship is “the driving force of sustainable, inclusive growth.” The president urged world leaders to foster entrepreneurship and proposed what she called the “Davos Consensus” at the 44th World Economic Forum Annual Meeting on...

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President visits vocational school, meets Cisco CEO
Jan 22, 2014
President Park Geun-hye, currently on a state visit to Switzerland, visited the Commercial-Industrial Vocational School Bern (GIBB) on January 21 to learn more about the country’s vocational education system. President Park looked around the classrooms and facilities while being ...

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President attends Swiss business forum
Jan 21, 2014
President Park Geun-hye presented her vision for economic cooperation at the Korea-Switzerland Business Forum on January 21. In her congratulatory remarks, President Park said that Korea and Switzerland have many things in common, as the two countries have both overcome a barren ...

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Korea, Switzerland to cooperate on science, technology,...
Jan 21, 2014
President Park Geun-hye, currently on her state visit to Switzerland, held summit talks with Swiss President Didier Burkhalter in Bern on January 21 (Korean time). The two leaders agreed to strengthen bilateral cooperation in science, technology, vocational training and education...

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No. of public libraries to increase to 1,100 in five ye...
Jan 20, 2014
The government plans to open 50 new public libraries every year for the next five years, increasing their number to 1,100 by 2018. In line with this, the number of books per capita will also rise to 2.5 over the same period. The Ministry of Culture, Sports and Tourism (MCST) and ...