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EU Says South Korea Could Be Removed from Tax Haven Blacklist by January

EU Says South Korea Could Be Removed from Tax Haven Blacklist by January

BRUSSELS, Dec. 14 (Korea Bizwire) — The European Union has said South Korea could be off its tax haven blacklist as soon as late January, if the country promises to amend or scrap tax breaks for international companies. South Korea was branded as a tax haven along with 16 other countries including Mongolia and Namibia according [...]

Erste Group Bank AG selects Nasdaq’s BWise for Internal Audit, Internal Control and Finding Management Processes

Erste Group Bank AG selects Nasdaq’s BWise for Internal Audit, Internal Control and Finding Management Processes

VIENNA, Austria and NEW YORK, Mar. 31 (Korea Bizwire) — Nasdaq BWise (Nasdaq:NDAQ), a global leader in enterprise Governance, Risk Management and Compliance (GRC), announced today that it has been selected by Erste Group, one of the largest financial services providers in Central and Eastern Europe and headquartered in Austria, to support and further enhance [...]

S. Korea, EU Agree to Continue Developing FTA

S. Korea, EU Agree to Continue Developing FTA

CHENGDU, China, July 24 (Korea Bizwire) – South Korea’s finance minister said Sunday a bilateral free trade agreement (FTA) with the European Union (EU) should be further developed despite Britain’s recent exit from the world’s biggest economic bloc.  “The South Korea-EU FTA should continue to develop despite Brexit,” Finance Minister Yoo Il-ho said. The free [...]

S. Korea, EU Join Hands to Promote Emissions Trading System

S. Korea, EU Join Hands to Promote Emissions Trading System

SEJONG, July 8 (Korea Bizwire) – South Korea and the European Union on Friday joined hands to develop the former’s greenhouse gas emissions trading system (ETS) in a way to bolster their bilateral cooperation on climate change, the finance ministry here said.  In a ceremony held in Seoul, the Seoul-Brussels joint emissions trading system cooperation [...]