SEOUL, June 18 (Korea Bizwire) — South Korea’s state-run trade promotion agency said Wednesday it is operating a Korean pavilion at a major U.S. biotech exhibition this week, highlighting the country’s bio and pharmaceutical technology. The pavilion, run by the Korea Trade-Investment Promotion Agency (KOTRA), features 58 companies in cooperation with five local industrial associations, [...]
SEOUL, June 16 (Korea Bizwire) — The Korea Trade-Investment Promotion Agency, better known as KOTRA, said Monday it has launched a seminar in Malaysia to support South Korean companies in making local investments and joining global semiconductor supply chains. KOTRA is co-hosting the two-day event in Kuala Lumpur starting Monday in collaboration with the Ministry [...]
SEOUL, June 10 (Korea Bizwire) — The Korea Trade-Investment Promotion Agency (KOTRA) said Tuesday it has launched an internal task force aimed at overhauling the country’s export strategy structure to help the country achieve US$1 trillion in annual exports. The trade structure innovation task force was formed to strategically respond to the rapidly changing global [...]
SEOUL, Jan. 31 (Korea Bizwire) — KOTRA, the Korea Trade-Investment Promotion Agency, has released a new report titled “The Rise of AI Markets: A New Chapter in Export Opportunities,” analyzing the rapidly growing global artificial intelligence market and highlighting export opportunities for South Korean companies. The report projects that the global AI market will grow to [...]
SEOUL, Oct. 20 (Korea Bizwire) — South Korea’s trade investment promotion agency has received an award from a United Nations body in recognition of best practices in promoting investment in healthcare sectors amid the COVID-19 pandemic, officials said Wednesday. Invest Korea, the country’s investment promotion unit under the Korea Trade-Investment Promotion Agency (KOTRA), was chosen [...]
SEOUL, Jul. 11 (Korea Bizwire) — South Korean apparel received major attention at Milano Unica Rho 2019, Italy’s top-end textile fair. Students from Istituto Marangoni in Milan, one of world-class fashion schools, used Korean fabric to create five exquisite garments for the Korean exhibition hall. The Korea Trade-Investment Promotion Agency (KOTRA) joined hands with the [...]
SEOUL, Jan. 24 (Korea Bizwire) – The state-run Korea Trade-Investment Promotion Agency (KOTRA) said Thursday that exports are anticipated to grow 3.8 percent on-year to US$628.2 billion in 2019. It would mark the second consecutive year that South Korea exports top the $600 billion mark. Last year, the country’s shipments came to $605.5 billion, up [...]
SEOUL, Dec. 3 (Korea Bizwire) — The South Korean Consulate-General in Germany and the K-Move center held a joint conference in Frankfurt, Germany on November 30 to talk with young South Koreans about looking for jobs overseas. The meeting invited some 10 young South Koreans to talk about the difficulties in getting a job overseas, [...]
SEOUL, Apr. 11 (Korea Bizwire) — The Korea Trade-Investment Promotion Agency (KOTRA) said Wednesday it has signed a memorandum of understanding (MOU) with Saudi Aramco, the world’s largest crude exporter, to enhance bilateral cooperation in energy, trade, investment and other fields. KOTRA said it expects the MOU signed at KOTRA’s headquarters in southern Seoul on [...]
SEOUL, March 20 (Korea Bizwire) — While certain elements of day-to-day living have improved according to non-Korean staff employed at foreign-invested enterprises, there appears to be plenty of areas where South Korea can do better, as a recent KOTRA study found only 27.3 percent (300 foreigners employed at foreign-invested enterprises) expressed satisfaction with the management [...]