SEOUL, Jan. 18 (Korea Bizwire) – From BTS to “KPop Demon Hunters,” the Korean culture boom has surged across music, screens, dramas, food and social media worldwide, and Luxembourg is riding the wave. The landlocked Western European country, roughly four times the size of Seoul, is proving no small player in the growing popularity of the [...]
SEOUL, Dec. 30 (Korea Bizwire) — South Korea’s veterans ministry has chosen a unified Belgium-Luxembourg battalion as next month’s Korean War hero for its contribution to key defense operations during the 1950-53 conflict, officials said Friday. The battalion consisted of 700 Belgian troops and 48 Luxembourg soldiers, who were mobilized to fight under the U.N. [...]
LUXEMBOURG, Jul. 30 (Korea Bizwire) — RFA, a next-gen managed IT service provider for the financial industry, announces a new private financial cloud in Luxembourg. This expansion allows RFA to accommodate accelerated growth in Europe and offer a portfolio of high quality private cloud services to both its existing and new financial services clients in [...]
SEOUL, May 6 (Korea Bizwire) – According to the report ‘B2C (Between Corporation and Consumer) Index 2016’ published on May 5 by the United Nations Conference on Trade and Development (UNCTAD), Luxembourg ranked first in the world after scoring a total of 89.7 points calculated according to the internet usage rate of its population, credit [...]
SEOUL, May 8 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. said Friday it has demonstrated a digital transmission of a high-imaging ultra-high definition (UHD) TV in Luxembourg, as it seeks to pave the way for setting global standards with the advanced visual technology. Samsung rehearsed a transmission of digital content that has [...]
SEOUL, Oct. 15 (Korea Bizwire) – A Parliamentary Inspection revealed that an average of one in five foreign investors turned out to be those establishing corporations in tax havens. Authorities suspected that a large number of these potential tax evaders are Korean nationals disguised as foreign investors. According to Congressman Lee Sang-jik (New Politics Alliance for [...]