Tag - Korea

Where to Sell Korean Products Online

Korean products have been gaining immense popularity across the globe. They deliver the customers with good quality and wide options to choose from which ultimately results in customer satisfaction. If you want to consider Korean Beauty Products for selling, it is a good choice indeed. Korean Beauty products are seeing increasing popularity everywhere due to the quality services they provide. They do not have any side effects, generally. Besides Korean Beauty Products, you can also sell other quality Korean Products [...]

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LSIS recognized for energy innovation

LSIS has been named as one of the global top 100 innovative firm for its continuing efforts to strengthen its energy-related intellectual property (IP) portfolios. Clarivate Analytics, formerly the intellectual property and science unit of Thomson Reuters, included the electric equipment manufacturer in last year’s “Top 100 Global Innovators,” the Seoul-based technology firm said Monday. The company has been given the award for six consecutive years. The achievement came from the company’s long term efforts and investment in research and development [...]

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Investors focus on outcome of impeachment vote

With a parliamentary vote to impeach President Park Geun-hye two days away, the glare of investor attention is focused on its outcome with a rejection more likely to increase stock market volatility than a passage, analysts said Wednesday. Opposition parties and some ruling party lawmakers are slated to put an impeachment motion against President Park to a vote at the plenary session of the 300-member National Assembly on Friday — the first such case since 2004. Park has snubbed mounting [...]

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Google releases latest translation, image services in Korea

Google Korea on Tuesday unveiled its latest services — Google Translate and Google PhotoScan — using highly advanced operations in artificial intelligence. “The main breakthrough (of the Neural Machine Translation) is that translations are made in one sentence, rather than bits, so it’s more accurate and natural,” Barak Turovsky, a group product manager for Google Translate, told reporters through a video call from California. As for the aim of Google Translate, Turovsky said Google hopes to create a world where language [...]

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Public entities to hire record numbers in 2017

South Korea’s public firms and agencies will recruit a record high of nearly 20,000 new employees next year to take part in nationwide efforts to boost the employment of young job seekers, the government said Monday. According to the recruitment plan compiled by the Ministry of Strategy and Finance, 321 state-funded organizations will hire an all-time high of 19,862 new employees in 2017, up about 1,300 from this year’s plan of 18,518. The figure had risen from 17,323 in 2013 [...]

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Korea, Mexico agree on drug standards deal

South Korea and Mexico signed an agreement in Mexico City Tuesday to mutually recognize each state’s pharmaceuticals qualification standards, a move expected to expedite the entry of Korean drugs into the Mexican market. The deal will take effect once Mexico officially joins the Pharmaceutical Inspection Cooperation Scheme, an international body that sets an international manufacturing quality standard for new drugs. The U.S., European Union, Japan and Korea are among its members. Though the exact timing is unknown, Mexico is “currently undertaking [...]

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Korea, Iran agree to maintain won-based settlement system

South Korea and Iran reached an agreement to maintain the won-based settlement system used for years for bilateral trade while seeking an alternative payment method that can expand economic ties between the two countries, Seoul officials said Tuesday. “We agreed that the current won-based settlement system has no problem in continuing to operate. The existing accounts will remain,” a Finance Ministry official said. The agreement came after a Korean delegation comprised of finance and foreign ministry officials as well as local [...]

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Korea, China discuss ways to lower e-commerce trade barriers

Korea hosted an international forum on e-commerce in East Asia at the COEX Convention and Exhibition Center in Gangnam-gu, Seoul on Wednesday, where ways to lower barriers to e-commerce trade and create a single market for the region were discussed. The state-backed Korean Institute for Electronic Trade and Commerce Promotion (KIETaC) led the bilateral forum with China, exchanging ideas on how to resolve issues with customs and logistics in the fast-rising sector. The forum was held two months after President Park [...]

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Korea, U.S. to launch precision medicine cohort

The Korean National Cancer Center joined hands with the U.S. National Institutes of Health to launch a large-scale precision medicine research cohort to combat cancer, the NCC said Wednesday. The cancer research cohort aims at conducting joint precision medicine research on cancer and the Middle East respiratory syndrome. “The NCC hopes to establish a large-scale precision medicine cohort on cancer, which can be used in the future real-time policy of national cancer management,” the NCC said in a statement. KNIH signed a [...]

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Korea, Canada agree to cooperation on climate change

President Park Geun-hye and her Canadian counterpart Justin Trudeau agreed Wednesday to closely cooperate on how to cope with challenges posed by climate change. The consensus was reached in their meeting on the sidelines of an annual summit of Asia-Pacific leaders in the Philippines. It came just two weeks before Park, Trudeau and leaders around the world are to meet in Paris to try to produce a new legally binding deal to cut greenhouse gas emissions that scientists say are [...]

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