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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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RSSSeoul 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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