Gwangju City, which used to witness population outflow to the metropolitan area for years, has regained vitality since mayor Yoon Jang-hyeon took office in July 2014. The mayor has focused on job creation in the region above anything else, and now the city is crowded with young people doing business
On March 10 this year, the North Gyeonsang provincial government was reopened after having been relocated from Daegu City to the Andong and Yecheon area.Kim Kwan-yong, governor of North Gyeonsang Province believed the relocation is not just about having new buildings in a new area, rather, it will c
Future entrepreneurs and venture firms do need capital to start and expand their businesses based on brilliant ideas. The Korea Venture Capital Association (KVCA) is one of the organizations striving to help them with various venture capital firms in South Korea. The following is an interview with K
The Gyeongnam Center for Creative Economy & Innovation celebrated its first anniversary in Changwon, Gyeongnam Province on April 20. The celebration hosted some 150 people including Choi Yang-hee, minister of the Ministry of Science, ICT & Future Planning, Ryu Soon-hyun, administrative vice governor
In conjunction with Lotte Group, Busan serves as a front base for innovative, vital local economy in the ranges of distribution, film, Internet of Things (IoT), etc. Busan will be the national business hub for film and contents creation in conjunction with its film infrastructure and the convergence
The Daegu Center for Creative Economy & Innovation (CCEI) is currently acting as a linchpin of the startup ecosystem of Daegu City while the CCEI of North Gyeongsang Province, which is home to a number of industrial complexes, is concentrating on the dissemination of smart factory technology to smal
The Creative Economy promoted by Park Geun-hye’s Administration, which has been proceeding with great inspiration since the inauguration of the new administration in 2013, is significantly boosting the Korean economy. Recently, according to the government, the number of companies supported and foste
Beginning in December this year, commercials about Dubai are appearing more frequently in Korea on Korean TV channels and Korea portals. Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) opened its first office in Korea in November, and has just launched its first brand campaigns.
S-learning provides learners with a convenient communication environment and rich resources. However, the existing-learning infrastructure is still not complete. It does not allocate necessary computing resources for s-learning system dynamically, and has difficulty interfacing and sharing data with
Since taking office around two and half years ago, Mayor Shin Yeon-hee has been busy keeping her promise to make Gangnam-gu the best district and heighten its global standing. As a result, the district is seeing the fruits of such efforts in fields such as tourism, economy and welfare. BusinessKorea
Last year was designated “Korea-Viet Nam Friendship Year” as the two countries celebrated the 20th anniversary of the establishment of diplomatic relations.Viet Nam and Korea are ideal partners in many ways. Situated on peninsulas, the two countries share a lot of things in common, such as historica
Kang Dae-im, president of the Korea Research Institute of Standards and Science (KRISS), stresses that the time has arrived for science and technology to fulfill their social responsibilities. He dubbed it the R&D for responsibility. As chairman of the International Measurement Confederation (IMECO)
There would be no argument regarding the fact that the future of national industries and companies depends on how much influence they give to international standards.BusinessKorea sat down with Seo Kwang-hyun, administrator of the Korean Agency for Technology and Standards (KATS) under the Ministry
December 16, 2011 marks 20 years since Kazakhstan gained its independence from the Soviet Union. A nation with a wealth of natural resources and dedicated, hard-working people, it is quickly arising as a nation of significant economic growth. This coming January marks 20 years since Kazakhstan and K
Q: Major Korean companies such as Samsung and LG have recently been participating in several of your national projects, the scale of which is incredible. Please tell us about the background and meaning of such cooperation. Furth-ermore, what do you think are Korea’s strengths and advantages?A: I bel
The National Information Society Agency (NIA) was established in 1987 to construct the informatization of government affair management. The NIA has implemented a plan to informatize government affairs and informatization-related policies. Since being designated the primary agency for constructing e-
At the interview, he emphasized the importance of a transition from universal product-centered quantitative growth to qualitative growth focusing on core businesses and high value-added products.Q: What does the government have in store for the long-lasting competitiveness of the sector?A: First of
T hese days, the Chinese economy is emerging quickly, growing the Northeast Asian economic area across the board. The global economy is undergoing a paradigm shift from individual countries’ development to that of cities or their alliances. Considering the fact that the Korean economy is highly depe
According to the director, smart grid environments will transform the para-digm of power consumption with the passage of time, i.e., consumers will not remain recipients of electricity supply any longer, but instead actively influence energy markets. In actuality, the people of Jeju are already expe
S ince its inception on May 21, 2009, the KSGA has connected government agencies with their private-sector counterparts in order to help develop Korea’s smart grid industry and has striven to increase awareness of it. The executive vice chair gave particular emphasis on the standardization of smart