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Belgium-Luxembourg Unit Named Korean War Hero of the Month

Belgium-Luxembourg Unit Named Korean War Hero of the Month

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. [...]

RFA Accelerates Growth with Expansion in Luxembourg

RFA Accelerates Growth with Expansion in Luxembourg

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 [...]

Luxembourg Ranks First for Online Shopping; Korea Seventh

Luxembourg Ranks First for Online Shopping; Korea Seventh

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 [...]

Congressman Slams Korean Nationals Disguised as Foreign Investors

Congressman Slams Korean Nationals Disguised as Foreign Investors

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 [...]