SEOUL, KOREA - Despite a slowdown in exports resulting from the weakening of the yen, Korea’s IT exports have marked their eighth consecutive month of growth.
SEOUL, KOREA - On May 8th, Kang Seongju, director-general of the Ministry of Science, ICT & Future Planning (MSIP) gave a speech on “the creative economy with science and ICT” at the Information Professional Association of Korea (IPAK) seminar held at the JW Marriot Hotel in Seoul.
SEOUL. KOREA - What do you think was the greatest desire of the famous 18th century romantic, Casanova? The prominent European socialite garnered his reputation for seducing countless women in the middle ages, but the main source of his pleasure seemed to come from something else: the oyster. Legends hold that he ate 50 oysters every night.
SEOUL, KOREA - These days, software is becoming increasingly complex and applicable to a host of diverse areas. Its usage now includes extremely delicate areas such as automobiles, aircrafts, and power plants.If a software bug causes machines to malfunction in these critical industries, the damage can be irreparable.
SEOUL, KOREA - “Korea’s agricultural export is seeking to exceed USD 10 billion this year, acting as the momentum to shift the paradigm of Korea’s agriculture towards “export agriculture,” said Kim Jae-soo, CEO of Korea Agro-Fisheries & Food Trade Corporation (aT).
SEOUL, KOREA - Brand value is increasingly becoming the source for gaining a competitive edge in the global market. This intangible asset of the brand itself can allow a company to reap profit in the market.
SEOUL, KOREA - Korea’s auto parts exporters have been riding high in the global market in recent years. For the last ten years, exports of auto parts have demonstrated remarkable growth, from USD 2.2 billion in 2001 to USD 24.6 billion in 2012. This success can be attributed to a variety of factors.
SEOUL, KOREA - Korea IT Times was able to spend some time with Yoon Sang-jick, Minister of Trade, Industry & Energy (MOTIE), to ask him a series of questions regarding the 2013 Seoul Motor Show. The followings are excerpts from this interview with him – Ed.
SEOUL, KOREA - When Invest Korea Commissioner Han Kiwon first assumed his post a year ago, he was determined to increase inbound foreign direct investment (FDI) from Japan.
SEOUL, KOREA - “Simple practices, such as giving up smoking or performing physical activities can help prevent cancer,” said Park Jae-gahb, a professor at Seoul National University (SNU) and former president of the National Cancer Center. On March 13th Park gave a presentation on the subject of “Prevention of Cancer” at the breakfast meeting of the Information Professional Association of Korea (IPAK).
SEOUL, KOREA - “The Korea Institute of Design Promotion will heighten its efforts to place Korea in a global leadership position within the design industry,” said Lee Taeyong, the president of Korea Institute of Design Promotion (KIDP) in a press conference earlier this month.
ULSAN, KOREA - “The port of Ulsan lies at a strategic foothold of marine transportation for Asia and the Pacific Ocean. Ulsan Port Authority will work diligently to turn the port into a hub of the Northeast Asian oil distribution by expanding and harnessing grand-scale petrochemistry infrastructure,” said Park Jong-rok, president of the Ulsan Port Authority (UPA).
SEOUL, KOREA –The central bank decided to maintain its key interest rate at 2.75%. The benchmark interest rate has been frozen after having been lowered last July and October.
SEOUL, KOREA - The state-run Korea EXIM Bank announced at the press conference that it would spend 74 trillion won (USD 68 billion), the highest amount of all time, on loans and guarantees in order to spur “growth” and “job creation” through export.
GYEONGGI, KOREA – “SMEs are the mainstay of the country’s economy and industry. GSBC will nurture small but strong companies based on selection and concentration strategies,” said Hong Ki-hwa, the president of Gyeonggi Small & Medium Business Center (GSBC).
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.jpg "Hong Ki-hwa, the president of Gyeonggi Small & Medium Business Center (GSBC) says that GSBC will nurture small but strong companies based on selection and concentration strategies.")
