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In Another Dramatic Twist, Leaders of Divided Koreas Hold Surprise Meeting

In Another Dramatic Twist, Leaders of Divided Koreas Hold Surprise Meeting

SEOUL, May 26 (Korea Bizwire) – South Korean President Moon Jae-in held a surprise second meeting with North Korean leader Kim Jong-un on Saturday, the presidential office Cheong Wa Dae said, in an apparent move to convince Kim to hold his scheduled summit with U.S. President Donald Trump. “President Moon Jae-in held a second summit [...]

South Korea’s Tech Boom to Spur on Growth, DHL Trade Data Suggests

South Korea’s Tech Boom to Spur on Growth, DHL Trade Data Suggests

SEOUL, Feb. 6 (Korea Bizwire) - South Korea’s high-tech industry — a powerhouse of both innovation and export production — will add fire to the country’s trade growth in the coming quarter, according to analysis from the Global Trade Barometer released today by DHL, the world’s leading logistics company. The first ever Global Trade Barometer, an [...]

Tricor Group Strengthens Its Commitment to Korea with IOI Acquisition

Tricor Group Strengthens Its Commitment to Korea with IOI Acquisition

HONG KONG, CHINA, Jan. 31 (Korea Bizwire) – Tricor Group has completed its acquisition of International Outsourcing Inc. (IOI), a well-established Korean professional services firm in which it has held a 30% stake since 2013. This will enhance Tricor’s ability to serve clients in Korea, including international firms expanding in this key market. The new [...]

Olympus Labs Partners with Leading Korean Fintech Company Metaps Plus

Olympus Labs Partners with Leading Korean Fintech Company Metaps Plus

Gibraltar, Jan. 18 (Korea Bizwire) — Olympus Labs is quickly becoming an emerging global leader in the cryptocurrency-based financial product space, and on the heels of a successful token sale, Olympus is partnering with Seoul-based corporation Metaps Plus, a leading Korean fintech company and mobile marketing platform developer. This news comes shortly after the company [...]

FIDO Alliance Launches Working Group to Expand the Use of FIDO Authentication Standards in Korea

FIDO Alliance Launches Working Group to Expand the Use of FIDO Authentication Standards in Korea

SEOUL, Dec. 5 (Korea Bizwire) — The FIDO Alliance announced today the launch of the FIDO Korea Working Group to further accelerate awareness and adoption of the FIDO Authentication standards in the Korean marketplace. FIDO Authentication reduces industry reliance on passwords in favor of interoperable on-device authentication that is stronger and easier to use – [...]

Canada Slaps Provisional Duties on S. Korean Steel Products

Canada Slaps Provisional Duties on S. Korean Steel Products

SEOUL, Sept. 13 (Korea Bizwire) — Canada’s border authorities said they have imposed up to 107.2 percent provisional duties on South Korean steel products in a preliminary ruling that could deal a blow to South Korean companies. The Canada Border Services Agency said on its website checked here Tuesday that it “made a preliminary determination” [...]

U.S. and China’s Growing Protectionist Attitudes Cause Government to Look to the South

U.S. and China’s Growing Protectionist Attitudes Cause Government to Look to the South

SEOUL, Sept. 11 (Korea Bizwire) – Increasing roadblocks on the path towards the Chinese economic heartland and a disquieting back and forth with the United States over the KORUS FTA has pushed the South Korean government to grow its trade with India and South Asian nations.  According to the Ministry of Trade, Industry and Energy, [...]

Sunchang County Lights Up the Dark Near Gyeongchun Stream in Preparation for Fall

Sunchang County Lights Up the Dark Near Gyeongchun Stream in Preparation for Fall

SUNCHANG, Sept. 7 (Korea Bizwire) — Sunchang County, in North Jeolla Province will spend 1.95 billion won to decorate parts of the walking path alongside the Gyeongchun Stream. At the Gyeongchun Bridge, the 80-meter-long entrance to Sunchang, the county government is planning to install a 5.5-meter-tall arch. The government is also planning to create a [...]