RIO DE JANEIRO, Nov. 18 (Korea Bizwire) — President Yoon Suk Yeol said Monday that South Korea will provide US$10 million worth of humanitarian aid to address the hunger crisis in Africa as part of a global initiative led by the Group of 20 (G20) major economies. Yoon made the pledge as a member of [...]
SEOUL, Oct. 26 (Korea Bizwire) — Hyundai Motor Group unveiled the electrified Genesis G80 limousine, the official escort vehicle for the upcoming G20 summit scheduled for next month in Bali, Indonesia. Hyundai held a ceremony on Tuesday in Jakarta to deliver the vehicles. The company sent 44 units of long wheel-based G80, 87 units of [...]
SEOUL, Jul. 10 (Korea Bizwire) — President Moon Jae-in’s approval rating edged up again last week due in part to his stern response to North Korea’s missile launch and brisk diplomacy to rein in the provocative state, a survey indicated Monday. In the Realmeter survey conducted from Monday to Friday, Moon’s rating was tallied at [...]
SEOUL, July 6 (Korea Bizwire) – South Korean President Moon Jae-in arrived in Hamburg, Germany on Thursday for the Group of 20 summit where he is expected to rally international support for ending North Korea’s nuclear and missile programs. The summit slated for Friday and Saturday comes amid heightened tensions after the communist North test [...]
HANGZHOU, China, Sept. 5 (Korea Bizwire) – President Park Geun-hye on Monday called North Korea’s continued provocations a challenge to relations between South Korea and China, voicing her hope for Seoul and Beijing to turn the situation into an opportunity to further strengthen their bilateral relationship. She made the remarks during her summit with Chinese [...]
SEOUL, March 22 (Korea Bizwire) – Eight out of ten Korean corporations have been shown to lack understanding of or preparation for the Base Erosion and Profit Shifting (BEPS) project, also known as the ‘Google tax’. The ‘Google tax’ can be understood from two perspectives. The first purpose of the tax is to protect intellectual property [...]