SEOUL, Jan. 12 (Korea Bizwire) — South Korean port city Incheon said Monday it is in talks with Chinese retail giant Alibaba Group for an investment that informed sources said would be in the range of 1 trillion won (US$924 million). “It is true that we are in talks with Alibaba for investments in [...]
INCHEON, Oct. 14 (Korea Bizwire) –BMW AG, a world leading automotive brand, will establish its fifth global R&D center in Incheon, South Korea, as it reinforce its investment in the Asia-Pacific region, a lucrative market where the German brand witnesses growing sales. The BMW Group, which already announced its plan to build the ultimate test drive [...]
INCHEON, Oct. 10 (Korea Bizwire) – After it has been named World Book Capital 2015 by an international committee of experts representing the book industry and UNESCO, the Incheon Metropolitan City is dreaming of a world-class book city as it seeks to broaden its international cultural exchange activities to that end. On October 8 (local time), Juergen [...]
SEOUL, Sep. 12 (Korea Bizwire) — Goyang city , north of Seoul, announced on September 10 that the city was not responsible for raising a North Korean flag near the Goyang sports complex. According to the city, an organizing committee of Asian Games Incheon 2014 arbitrarily hoisted national flags of 45 participants in the Asian [...]
SEOUL, Aug. 23 (Korea Bizwire) — Incheon Transportation Corporation announced on August 21 that it has installed the world’s first “IT Aquarium,” for which feeding, cleaning and water exchanging is done automatically, in Gyeyang Subway Station. The “IT Aquarium” has integrated high-tech and tradition, as it presents various exotic fish in an IT-controlled aquarium embedded on a wall [...]
SEOUL, July 5 (Korea Bizwire) – China’s renewed interest in investment opportunities in South Korea is driving surging investment growth in the east Asian neighboring country. The world’s second-largest economy especially has keen interest in Korea’s major projects largely located in western areas which include Saemangeum reclamation project, Incheon Free Economic Zone and Gyeonggi Province, much closer [...]
SEOUL, July 3 (Korea Bizwire) – Incheon, the host city of the upcoming Asian Games in September this year, is striving to induce Chinese package tourists with various tourist attractions including the shooting site of the much beloved drama “My Love from the Star.” On July 2, a total of 3,000 Chinese group tourists arrived [...]
NEW YORK & SEOUL, South Korea, Apr. 22, 2014 (Korea Bizwire) – Bristol-Myers Squibb Company (NYSE:BMY) and Samsung BioLogics announced the companies will increase the scope of their existing manufacturing agreement in which Samsung will manufacture commercial drug substances and drug product for several Bristol-Myers Squibb biologic medicines at its Incheon manufacturing site. Financial terms of the [...]
SEOUL, Korea, Mar. 24, 2014 (Korea Bizwire) – Incheon Metropolitan City will participate at Korea Market Focus Pavilion at the 43rd London Book Fair. Incheon will be the only Korean city that exhibits in the pavilion. In particular, it will promote Incheon as World Book Capital 2015 named by UNESCO, targeting visitors from all around the world. They have [...]
SEOUL, Korea, Mar. 21, 2014 (Korea Bizwire) – As part of its program to present premium cultural performances and art exhibitions year round, Incheon International Airport is offering a special music festival for this spring featuring world famous artists to celebrate its 13th anniversary and achievement of being ranked No. 1 in Airport Service Quality (ASQ) for [...]