Business

Investment

Foreign direct investment in S.Korea grows 4.6% in 2011
Friday, January 20th, 2012

SEOUL — Foreign direct investment (FDI) pledges rose 4.6 percent year on year to record USD 13.67 billion for 2011.

Despite the euro zone crisis and credit downgrades in the United States and Japan, investment from advanced nations soared. Investment from the European Union, the United States and Japan increased 57.4 percent, 20.2 percent and 9.6 percent, respectively.

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Academia

Wilbraham&Monson Academy
US Prestigious Private Schools Turn Eyes to Jeju
Friday, January 27th, 2012

A number of US prestigious private schools, including Wilbraham & Monson Academy and Perkiomen School, are expected to discuss the establishment of their overseas branches in Jeju. 

Branksome Hall Asia
The Pre-eminent Girls Independent School, Branksome Hall Asia opens in Jeju
Thursday, January 26th, 2012

*  Information session in Orchid Room at Grand Intercontinental at 2pm on Feb 8th

*  Grand opening in October 2012 in Jeju Global Education City

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Business

Ulsan Port Authority
UPA to Make a Strong Push for Expansion of Port Infrastructure
Saturday, January 28th, 2012

In an interview with Korea IT Times, Park Jong-rok, CEO of Ulsan Port Authority (UPA), stated, "We will launch the port-backup area creation project and the 'Bukhan

SK Telecom Announces 2011 Earnings Results
Thursday, February 2nd, 2012

SEOUL, KOREA – SK Telecom (NYSE:SKM) announced its earnings on a IFRS consolidated basis for the year 2011: revenue of KRW 15.945 trillion, operating income of KRW 2.135 trillion and net income of KRW 1.583 trillion. 

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Economy

KCGF1
KODIT to Actively Support SMEs Through Extension of Credit Guarantees
Monday, January 30th, 2012

 The Korea Credit Guarantee Fund (KODIT) will actively support small and medium-sized enterprises (SMEs) this year through its extension of credit guarantees, the top official of KODIT said.

Dr. Bahk Jae-wan
Korea's Economic Status
Tuesday, January 31st, 2012

Korea’s Economic Status             

Half-Priced Product
The New Trend in Korea: Half-priced Products
Thursday, January 19th, 2012

SEOUL ― The competition among retailers in Korea to lower prices has intensified. Starting with eliminating distribution channels, retailers now produce private brand (PB) products to offer products at lowest prices.

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Travel

Samjinae Village
Slow living at Samjinae Village
Wednesday, February 1st, 2012
It’s a typical winter afternoon in Samjinae Village. Thin wisps of white smoke float up from the chimneys of the traditional Hanok houses, above the shingled roofs with their corners upturned like the pointed toes of beoseon¸ or traditional Korean socks.
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Trade

MKE
Korean Trade Minister Meets with Industry Leaders to Discuss Exports
Thursday, January 19th, 2012

SEOUL — South Korea's Minister of Knowledge Economy Hong Suk-woo met with the country’s industry leaders, including representatives from Samsung El

Korea Records USD 33 Billion Trade Surplus for 2011
Wednesday, January 4th, 2012

SEOUL, KOREA — Korea’s exports increased 19.6 percent year on year to record $557.8 billion  and imports gained 23.3 percent to record $524.5 billion—a $33.3 billion trade surplus, according to figures released by the Ministry of Knowledge Economy on January 3.  

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