innovation center Archives | Be Korea-savvy
S. Korea to Use Big Data for Business Opportunities

S. Korea to Use Big Data for Business Opportunities

SEOUL, May 11 (Korea Bizwire) — South Korean President Park Geun-hye announced a plan Monday to take advantage of big data to create new business opportunities as she launched a new innovation center. “Big data is a new capital of the creative economy,” Park said in the opening ceremony of the latest innovation center in [...]

Lotte to Play Key Role in Creating Fund Worth 40 bln for Film Industry

Lotte to Play Key Role in Creating Fund Worth 40 bln for Film Industry

SEOUL, Mar. 16 (Korea Bizwire) — Lotte Group, South Korea’s fifth-largest family-controlled conglomerate, will play a key role in creating a fund worth 40 billion won (US$35 million) to help develop the country’s film industry, the presidential office said Monday. Lotte will account for half of the proposed fund while Busan Bank and the Busan [...]