Business News

DHL Express, the world's leading international express service provider, signed a concession agreement with the Incheon International Airport Corporation to implement its largest investment in South Korea to-date -- a KRW175 billion (€131 million) expansion plan for its gateway in South Korea.

Korea is open for business, being the 6th largest export economy in the world. Basing your company here gives you access to markets all over the world, and can help you to expand your operations and ultimately increase your profit margins. However, overseas expansion can also be a risky strategy.

AD STARS 2019 will bring together some of the world’s most inspiring creative, production and technology experts over three days from 22nd to 24th August in Busan, South Korea.

Meetings, Incentives, Conferencing, Exhibitions

Attendance at Korea's major theme parks and water parks were down significantly from 2017.

AD STARS 2019 has announced it has extended this year’s entry deadline until Friday 31st May 2019.

The Busan Ministry of SMEs and Startups said yesterday that the state-sponsored 'Zero Pay' mobile payment system is now available for customers to use at more than 2,400 convenience stores in Busan including CU, GS25, Seven Eleven, and Mini Stop. 

The City of Busan signed a memorandum of understanding (MoU) with Renault Samsung Motors (RSM) and Dongshin Motech (DST), one of the automotive body parts suppliers for Renault Samsung, to relocate their electric vehicle factory to Busan to produce the Renault Twizy, an electric minicar, in its Busan plant.

Continuing the recent expansion into Korea, on November 9th, Primas held an offline meet-up in Seoul. In attendance were hundreds of blockchain enthusiasts, investors and representatives from research institutes across the country.

Seoul shares fell below the psychologically important 2,000 mark today as foreign and retail investors dumped stocks amid a lack of upside momentum. The won rose against the U.S. dollar.