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Foreign IT Firms Negligent in Duties of Operating Domestic Representatives for Personal Information

Foreign IT Firms Negligent in Duties of Operating Domestic Representatives for Personal Information

SEOUL, Sept. 10 (Korea Bizwire) — A handful of foreign information technology (IT) companies have been identified as having been negligent in their duties of operating domestic representatives for personal information. The domestic representatives are supposed to act on their behalf to perform the duties of a person responsible for management of personal information. The [...]

S. Korea to Provide More Incentives to Foreign Firms

S. Korea to Provide More Incentives to Foreign Firms

SEJONG, Jan. 29 (Korea Bizwire) — South Korea’s industry ministry said Tuesday it plans to provide more incentives to overseas companies operating in the country and induce them to carry out more foreign direct investment (FDI). The Ministry of Industry, Trade, and Energy, which hosted meetings with officials from foreign companies here, said it is [...]