About Korea

Natural Resources of South Korea

Natural resources are the resources that subside without human actions required. They include all the valued components like magnetic, gravitational and electrical properties. A natural resource may also exist as a separate entity like fresh water, living organisms such as fish, air. It may also exist in alternative forms like metal ores, rare metals, petroleum and energy forms. South Korean natural resource (s) are not much. South Korea is located on the southern  half of Korean peninsula (East Asia). Democratic [...]

Agricultural Revolution in Korea

“Agriculture” is an inevitable part of our lives. It has not only fed the hungry stomachs of mankind since ages, but has also generated a source to earn living for human civilization. It is the Science of farming that undertakes cultivation of lands to raise crops along with animal rearing to generate wool, milk, eggs, meat and numerous other products.   But with shooting population, it became increasingly difficult to curb the increasing need of agricultural products to quench the hunger [...]

South Korea’s Top 10 Exports to the world

South Korea’s Top 10 Exports to the world!

South Korea’s Top 10 Exports to the world

South Korea is one of the largest economies in the world. A country’s export exert a deep influence on its economic growth. A healthy economy is the one where exports and imports are growing. It is even included in the group of Next Eleven countries that will dominate the global economy in the middle of the 21st century. Especially when we talk about big economies like Korea. South Korea’s exports amounted to US$495.5 billion in 2016 which is a [...]

How to import goods from Korea

How to import goods from Korea ?

How to import goods from Korea

FROM microlithic stone tool technology to carve toolkits, To having developed own operating system – “Red Star” and Seoul being ranked “The Tech Capital of the World”, Korea has laid milestones in the field of technology. It is one of the leading Global research nations of the world and ranks 6th in exports. Harbouring the infrastructure to meet dense volumes of the population, its working culture has the immense capability ensuring products of strong particularity. South Korea, also called “Launchpad of [...]

S. Korean, Spanish foreign ministers agree to work together to press NK

The top diplomats of South Korea and Spain have agreed to work together to pressure North Korea into giving up its nuclear weapons program, the foreign ministry here said Thursday. The North Korean nuke issue and its human rights violations were among the main topics of discussion when South Korean Foreign Minister Yun Byung-se and Spanish Minister of Foreign Affairs Alfonso Dastis held talks in Madrid on Wednesday. Yun arrived in Spain for a three-day visit on Wednesday, the first trip [...]

Divided nation marks Independence Movement Day

Marking Independence Movement Day, millions of South Koreans poured onto the streets, turning central Seoul into a sea of national flags Wednesday. But this time, the nation is deeply divided, protesting for and against President Park Geun-hye’s impeachment. As the Constitutional Court is set to rule on whether to unseat or reinstate the scandal-ridden president in early March, tension between pro-Park and anti-Park factions has reached a peak and their rhetoric has become fiercer. Anti-Park protesters holding national flags in their [...]

Korea's experience can be role model of Asian development

South Korea will play a bigger role in Asia’s investment in sustainable infrastructure through its experience of economic development and constant investment in basic facilities, a senior official at an international institution said. “I would say that Korea is a very important member of our bank,” Danny Alexander, vice president of the China-led Asia Infrastructure Investment Bank, said in an interview with Yonhap News Agency in Seoul Monday. “Korea’s experience of the last 50 years of rapid economic development and [...]

ASEAN, Korea hash over cultural cooperation

The ASEAN-Korea Center in Seoul held its ninth annual council meeting Thursday, hashing out issues to strengthen bilateral ties while commemorating the 50th anniversary of the Association of Southeast Asian Nations. As this is the ASEAN-Korea Cultural Exchange year, events are scheduled on both sides, particularly in May and June. The discussion involving 11 high-level representatives from ASEAN and Korea focused on bolstering two-way cultural ties, according to the center. At the reception at Lotte Hotel in Seoul on Thursday, some [...]

Special probe faces end of tenure, with no extension

Efforts to extend the ongoing special investigation into President Park Geun-hye’s corruption scandal were effectively thwarted Thursday. Having failed to put the extension to a parliamentary vote, opposition parties once again turned to Prime Minister Hwang Kyo-ahn, who holds the authority to prolong the investigation upon his right as acting president. Chances, however, remain slim as Hwang has persistently expressed disapproval on granting the extra period to the investigators. The floor leaders of rival parties visited Parliamentary Speaker Chung Sye-kyun in [...]

Conglomerates pushing reform after graft scandal

South Korea’s major conglomerates are ramping up efforts to run their sprawling business empires in a more transparent and law-abiding way following a high-profile corruption scandal that led to the impeachment of President Park Geun-hye, sources said Wednesday. Dozens of large companies, including top conglomerate Samsung Group, have been found to have donated tens of millions of dollars to two shady foundations controlled by Choi Soon-sil, a detained long-time ally of President Park. In a move that sent shockwaves through the [...]