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Korea to offer low-interest loans to IT companies
Mar 02, 2012
The Korean government is dedicating 2 billion won to the development of small- and medium-sized companies that deal with Information Technology. The National IT Industry Promotion Agency (NIPA) under the Ministry of Knowledge Economy recently unveiled its support plan for IT...

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Foreign journalists in Seoul ahead of NSS
Mar 02, 2012
With less than a month to go before the 2012 Nuclear Security Summit (NSS), foreign press correspondents have gathered in Seoul for a special preview of the event. The 16 journalists, who arrived on February 26, were invited by the Korean Culture and Information Service (KOCIS) f...

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Korea shares its development knowledge
Feb 29, 2012
Korea continues to share its economic development experience and know-how, gained from its simultaneous economic development and political democratization. More recently, the development of e-government has emerged as a benchmark among nations across the globe. Knowledge Sharing ...

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President Lee urges nationwide support for NSS
Feb 28, 2012
President Lee Myung-bak urged for a concerted effort among related government organizations to ensure the success of the 2012 Seoul Nuclear Security Summit, at the third preparation committee meeting on February 27. President Lee Myung-bak meets with members of the Secr...

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Korea-China Year of Exchange announced in Beijing
Feb 24, 2012
The official announcement ceremony of the Korea-China Year of Exchange was held in Beijing’s Marriott Hotel on February 23. Guests at the opening ceremony of the Korea-China Year of Exchange (photo courtesy of the Ministry of Culture, Sports and Tourism) Co-hosted by Ko...

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Science & education investments pay off
Feb 24, 2012
Over the past four years, the Korean government has endeavored to advance science, technology, and education. It has expanded the budget for R&D by 1.5 and introduced the admissions officer system to the nation which enables colleges to recruit more creative and talented stud...

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President Lee holds press conference ahead of final yea...
Feb 23, 2012
President Lee Myung-bak held a special press conference on February 22 to mark the four-year anniversary of his inauguration into office and outline key objectives for the upcoming final year of his term."We will carry out this next year's work so as to leave no unnecessary burde...

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KOICA in Bangladesh, Uzbekistan
Feb 21, 2012
From agricultural development to language training, government aid programs organized by the Korea International Cooperation Agency (KOICA) are continuing to enhance quality of life and personal growth opportunities for communities in developing countries. A new elementa...

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Korea begins, leads, and becomes green 
Feb 17, 2012
President Lee Myung-bak proposed his ‘Low Carbon Green Growth’ vision during his speech on Korean National Liberation Day in 2008, during his first year as president. He emphasized that Korea can seek a way out of the economic crisis with green technology and eco-friendly policie...

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Korea enjoys enhanced nation brand through global diplo...
Feb 17, 2012
This year’s February 25 will mark the fourth anniversary since President Lee Myung-bak’s inauguration in 2008, when he set out to revive the economy and make Korea a contributing member of the international community through diplomacy. Subsequent action plans and efforts towards ...