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Local Govt’s Gear up to Resume Aid to N. Korea

Local Govt’s Gear up to Resume Aid to N. Korea

SEOUL, May 3 (Korea Bizwire) — South Korea’s provincial governments Sunday unveiled plans to resume long-suspended aid to and exchange projects with North Korea under a new inter-Korean reconciliation policy by the Park Geun-hye government. Last week, the Ministry of Unification announced plans to promote inter-Korean exchanges in such areas as culture, sports and history to [...]

Less Than Half of Foreign Companies in S. Korea Paid Corporate Taxes in 2013: Data

Less Than Half of Foreign Companies in S. Korea Paid Corporate Taxes in 2013: Data

SEJONG, March 27 (Korea Bizwire) — Less than half of foreign-run companies operating in South Korea paid corporate taxes in 2013, data by the country’s tax office showed Friday. According to the National Tax Service (NTS), there were 1,601 companies subject to corporate taxes at the end of 2013, but only 48 percent of the businesses, or [...]

Celanese Commercial Technology Center Opens in Pangyo, South Korea

Celanese Commercial Technology Center Opens in Pangyo, South Korea

DALLAS and SEOUL, May 19 (Korea Bizwire) – Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced the opening of the new Celanese Commercial Technology Center in the high technology valley of Pangyo, Republic of Korea. The research and development center will support the growth of Celanese customers in South Korea, [...]

UOL and Gyeonggi Province Partner to Expand Content and Games Industry in Brazil and South Korea

UOL and Gyeonggi Province Partner to Expand Content and Games Industry in Brazil and South Korea

  SAO PAULO, BRAZIL, Apr. 2, 2014 (Korea Bizwire) – Universo Online (UOL), the largest internet service and content provider in Brazil, and South Korea’s Gyeonggi Province, global economic leader and a driving force in the Korean economy, today announced a Memorandum of Understanding (MOU) agreement to promote each other’s online games and content markets. The [...]