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Tech Venture Investment Hits 1 Tril. Won in 9 Months of This Year

Tech Venture Investment Hits 1 Tril. Won in 9 Months of This Year

SEOUL, Oct. 21 (Korea Bizwire) – The Small & Medium Business Administration said on October 20 that the total investment in tech start-ups during the first nine months of the year was 1,078 billion won in 619 cases. This is 9.5 percent higher than 984.2 billion won during the same period last year. The investment in newly

Samsung and LG Vie to Stand out in World IT Show 2014 Busan

Samsung and LG Vie to Stand out in World IT Show 2014 Busan

SEOUL, Oct. 21 (Korea Bizwire) – Samsung Electronics and LG Electronics, the two pillars of Korea’s electronics industry, have displayed state-of-the-art communications technology and smart items at the World IT Show 2014, the trade show being held at Busan’s BEXCO Exhibition & Convention Center for four days between October 20 and 23. Samsung set up a large booth

49% of Incentive for Foreign Investments Given to KOTRA’s Own Employees

49% of Incentive for Foreign Investments Given to KOTRA’s Own Employees

SEOUL, Oct. 21 (Korea Bizwire) – In bringing about opposite results for its program to attract more foreign investment, the Korea Trade-Investment Promotion Agency (KOTRA) turned out to have given half of its incentives none other than to its employees, rather than granting it to the eligible foreign candidates.   According to National Assemblyman Lee Chae-ik

Value of Tiguan by Volkswagen Highest among Imported Vehicles

Value of Tiguan by Volkswagen Highest among Imported Vehicles

SEOUL, Oct. 21 (Korea Bizwire) – The Tiguan manufactured by Volkswagen reportedly has the highest used-car value in the auto market. A boom in its cumulative sales from January to September in 2014 might positively result in a value increase of second-hand Tiguans. According to SK Encar, Korea’s leading used car trading company, the Tiguan

Rate of Breast Cancer in Korea Outnumbers That of Japan

Rate of Breast Cancer in Korea Outnumbers That of Japan

SEOUL, Oct. 21 (Korea Bizwire) – The morbidity rate of breast cancer in South Korea takes the first place among East Asian countries, which is the first time to overtake others in the region. The number of patients with breast cancer hit the record of 52.1 per 100,000 people in 2012, rapidly up from 38.9

CGRB to Run Vet Training Program to Protect Wild Animals in Korea

CGRB to Run Vet Training Program to Protect Wild Animals in Korea

SEOUL, Oct. 21 (Korea Bizwire) — In order to protect wild animals in South Korea, not only ordinary people but also organizations have continuously tried their best. When they find a wounded animal, an increasing number of people now report to animal protection organizations to take care of it unlike in the past. The Cultural

Hyundai Motor launches “High-tech” Maintenance Service Center for Commercial Vehicles

Hyundai Motor launches “High-tech” Maintenance Service Center for Commercial Vehicles

SEOUL, Oct. 21 (Korea Bizwire) — Hyundai Motor Group announced on October 19 that it would open a “high-tech maintenance center” for commercial vehicles in the Daegu Seongseo Industrial Complex in Daegu City. The center, run from the following day, is planned to provide quick high-quality repair services with Hyundai commercial auto drivers in case of

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