Yeongjongdo Archives | Be Korea-savvy

S. Korea’s First Casino Resort Opens amid China Spat

YEONGJONGDO, South Korea, April 20 (Korea Bizwire) – South Korea’s first casino and hotel complex was unveiled at a grand opening outside of Seoul on Thursday, as the country is struggling to cope with a dearth of Chinese visitors in the wake of a diplomatic row with its neighbor. Paradise City marked its official opening [...]

Incheon Seeking Investment from Alibaba

SEOUL, Jan. 12 (Korea Bizwire) — South Korean port city Incheon said Monday it is in talks with Chinese retail giant Alibaba Group for an investment that informed sources said would be in the range of 1 trillion won (US$924 million). “It is true that we are in talks with Alibaba for investments in [...]