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S. Korea to Spend 790 bln Won to Support Content Industry Startups This Year

S. Korea to Spend 790 bln Won to Support Content Industry Startups This Year

SEOUL, Jan. 6 (Korea Bizwire) — South Korea will spend about 790 billion won (US$622.5 million) to support small and medium-sized companies and startups in the content industry this year in order to increase exports of Korean cultural content, the government said Thursday. The government will also seek to make it the first year in [...]

Culture Ministry Aims to Revive Pandemic-hit Culture Sector, Spread ‘Hallyu’ in 2021

Culture Ministry Aims to Revive Pandemic-hit Culture Sector, Spread ‘Hallyu’ in 2021

SEOUL, Feb. 2 (Korea Bizwire) — The culture ministry said Tuesday it will focus on reviving the pandemic-hit culture and tourism industries here, as well as continue to support the spread of “hallyu,” or the Korean Wave, around the world in 2021. Under the plan, the Ministry of Culture, Sports and Tourism laid out four [...]