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S. Koreas corporate bankruptcies rebound from record low
South Korea's corporate bankruptcies rebounded last month from a record low due to a reduction in policy fund offer, central bank data showed Tuesday.The number of companies that went belly-up jumped to 89 in April from a record low of 69 in March, according to the Bank of Korea. The March reading was the lowest since the bank began compiling the data in January 1990.The rebound came as the ...
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S. Korea to spend 40 mln USD on graphene development
South Korea planned to spend around 47 billion won ($40 million) over the next six years in helping companies develop graphene that will be used to make touch screen panels and organic light-emitting diode (OLED) panels, the Commerce Ministry said Tuesday.Graphene is an atomic-scale honeycomb lattice made of carbon atoms. The material is a one-atom thick layer of the mineral graphite, which can ...
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S.Koreas GS EC wins $1 bln refinery deal from Turkey
SEOUL | Tue May 21, 2013 12:47am EDT SEOUL May 21 (Reuters) - South Korea's GS Engineering & Construction said on Tuesday it had received an order worth 1.16 trillion won ($1.04 billion) from Turkey to build a refinery plant. It said in a regulatory filing that Italian firm Saipem , Spanish oil engineering firm Tecnicas Reunidas and Japanese company Itochu were also part of the ...
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Korea to Get First Domed Ballpark
North Korea launched two more short-range missiles into the sea on Monday, one in the morning and one in the afternoon, the Defense Ministry in Seoul said. They were fired from mobile launch vehicles in the same area near Wonsan, Kangwon Province and aimed away from South Korea in a northeasterly ...
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Brown Fat Could Help Adults Keep Slim
More than six out of 10 Koreans felt that President Park Geun-hye's visit to the U.S. earlier this month was good for Korea, but a scandal involving her spokesman during the trip dampened sentiment. Gallup Korea polled 1,003 adults from May 13 to 15, after the president returned from her six-day U.S. trip on May ...
Seoul City Focus
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Seoul World Design Capital
In 2010, Seoul held the title of World Design Capital for the year, a coveted acknowledgment of the city’s progress in the development of its design-oriented industries and a foundation for the implementation of further development projects in preparation for 2010.
Seoul is a thriving global city of over 12 million people and the capital of South Korea, a country that has seen rapid development over the last few decades to become one of the newly emerged first world countries of the late 20th century. Read more
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