SEOUL, May 3 (Korea Bizwire) — Leading business groups of South Korea and Iran agreed Tuesday to promote commercial and industrial partnerships by establishing consultative bodies. The Korea Chamber of Commerce and Industry (KCCI) said it has signed a memorandum of understanding with Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA). The KCCI will [...]
SEOUL, Dec. 14 (Korea Bizwire) – More than half of business leaders in South Korea are seeking “belt-tightening” management next year amid gloomy outlooks for overall economic conditions, a poll showed Sunday. According to the poll of CEOs of 235 businesses by the Korea Employers Federation, a business lobby, 52.3 percent answered they will carry out the belt-tightening management next year. Of those polled, 32 percent said that they will maintain the “status quo,” while only 17.4 percent [...]
SEOUL, Aug. 18 (Korea Bizwire) – In partnership with Japanese investment companies, domestic startup businesses are hoping to target the Japanese market. KOTRA, the Korea Trade Promotion Corporation, signed an agreement with startup businesses and Japanese venture capital firms (VCs) as part of its ‘Startup Growth’ initiative. ‘Startup Growth’ is a program that connects overseas [...]
SEOUL, Korea, April 30, 2014 (Korea Bizwire) – New loans offered by commercial banks to small business owners are gaining popularity. According to banking sources on April 29, “Neighborhood Loan” given out to self-employed businesspeople was sold 20.3 billion won in 544 cases as of April 22, with an outstanding loan balance at 15.4 billion [...]
KWANGJU, South Korea, Sept 05 (Korea Bizwire) – Are you interested in buying someone else’s brilliant idea and making business out of it? A Korean company is helping start-up planners find patented goods, designs, and ideas easy and fast online. Ok-yunsun Invention & Design Group is composed of professional inventors, designers, engineers, professors, consultants, patent agents, and [...]