Korea News Releases

September 09, 2012 17:18

Liquidity Support for Ssangyong E&C Settled…Reports about a Crisis Unfounded

Ssangyong E&C creditors have chosen Woori Bank as its main creditor bank, and shall enter into an intercreditor agreement, completing liquidity support before the end of this month. An official of

September 09, 2012 11:55

Magento joins PayGate for Korean Electronic Payment Solution

Magento(www.MagentoCommerce.com), the world’s most rapidly growing open source electronic transactional solution, has been released with a pure Korean type electronic payment system. Recording more

September 07, 2012 11:30

SAMILAUTO Co., Ltd., acquiring CE by ‘pneumatic actuator’

SAMILAUTO Co., Ltd., (CEO Rho chang hwan, www.kosaplus.com) a company specialized in industrial goods, said that it acquired the European Union’s CE certification by pneumatic actuator on August 14, 2

September 07, 2012 11:21

ELECTRONICS CONSUMERS WILLING TO PAY MORE FOR RESPONSIBLY PRODUCED PRODUCTS, ACCORDING TO CNN’S 2012 CONSUMER ELECTRONICS SURVEY

As the spotlight increasingly shines on manufacturers’ commitment to ethical business practices, two thirds (65%) of global consumers say they are willing to pay more for electronics products that hav

September 06, 2012 18:42

Visit Korea 2.0: KTO Upgrades Smartphone App

The Korea Tourism Organization has released Visit Korea 2.0, the upgraded version of the original Visit Korea smartphone application. Visit Korea 2.0 contains expanded travel content and informatio

September 06, 2012 10:48

Jeis Holdings, Co, Ltd., a Korean company, supplying the technologically advanced inspection equipment and solar inverter of Germany and USA to the domestic market

Jeis Holdings Co., Ltd. (President Jae Seung Cho, www.jeisholdings.com), a specialized supplier of factory automation design in Korea, is undertaking the domestic supply of the overseas inspection equ

September 06, 2012 10:08

Citi Card rolls out ‘Chu-Seok’ event

Citibank Korea Inc.(CEO Yung-Ku Ha, www.citibank.co.kr) launches Chu-Seok promotion in relation to Chu-Seok, Korean Thanksgiving. This event, which runs from Sept 7th to Oct 7th, is for all Citi Card

September 05, 2012 09:34

Citibank Korea wins ‘Best Internet Bank’ in Korea for three years in a row

Citibank Korea (CEO Ha, Yung Ku, www.citibank.co.kr) was ‘Best Consumer Internet Banks’ and ‘Best Corporate/Institutional Internet Banks’ in Korea by Global Finance magazine for three years in a row.

September 05, 2012 09:09

S-OIL provides customized learning aids for disabled youths

On Sept. 5, S-OIL donated 100 mil. won worth of customized learning aids to the Gyeonggi-do Assistive Technology Research & Assistance Center to provide 78 disabled children in low income families.

September 04, 2012 17:14

Jejoong Medical Participating in ‘Florida International Medical Expo 2012 in Miami’

Jejoong Medical, Co, Ltd., (CEO: Kim In-Soo, www.jejoong-medical.com) a company specialized in electrosurgical units and medical film illuminators, attempted once again to reach out to the world throu

September 03, 2012 18:23

Medigate established the bridgehead in FIME 2012 for targeting the North American market

Korean medical device-specialized company, Medigate (CEO, Kim Seong-hwan, www.medigate.biz) announced, “we participated in FIME 2012: Florida International Medical Expo from 8th to 10th in Florida, US

September 03, 2012 13:58

GM Korea Reports August Sales of 45,167 Vehicles

GM Korea Company announced today that it sold 9,808 vehicles in Korea and exported 35,359 vehicles in August, for total monthly sales of 45,167 vehicles. The company’s domestic sales in August were

September 02, 2012 15:44

LG READY TO LEAD GLOBAL TV MARKET WITH NEXT GENERATION TECHNOLOGIES

Speaking at IFA 2012 in Berlin, Havis Kwon, CEO of LG Electronics Home Entertainment Company, said LG is looking forward to a sustained period of profitable growth by leveraging current technologies t

September 02, 2012 06:00

Citibank launches bonus mileage promotion in celebration of Citi 200th anniversary

Citibank Korea Inc.(CEO Yung-Ku Ha, www.citibank.co.kr ) launches “Bonus Mileage” promotion for Citi mileage card customers in celebration of its 200th anniversary from September 1 to October 31. C

August 31, 2012 10:01

Citibank Korea wins Best Foreign Commercial Bank in Korea

Citibank Korea (CEO Ha, Yung Ku, www.citibank.co.kr) was awarded Best Foreign Commercial Bank in the annual FinanceAsia Country Awards for Achievement for 2011, which were announced in July. This is

August 30, 2012 21:55

Samsung Hosts Developer Day at IFA 2012

Samsung Electronics Co., Ltd, a global leader in digital media and digital convergence technologies, today hosted its Samsung Developer Day at IFA 2012. Over 1,000 application developers from across t

August 30, 2012 18:22

Samsung Pushes the Boundary of Innovation at IFA 2012

Samsung Electronics Co., Ltd, a global leader in digital media and digital convergence technologies, today at IFA 2012 unveiled its vision for the consumer electronics market and introduced the produc

August 30, 2012 18:11

Samsung Introduces New Ovens at IFA 2012

Samsung Electronics Co., Ltd, a market leader and award-winning innovator in consumer electronics, unveiled today at IFA 2012 its smart oven and compact oven — two new innovations and enhancements to

August 30, 2012 16:12

LG TO PRESENT FULL LINE-UP OF LEADING HOME ENTERTAINMENT PRODUCTS AT IFA 2012 FEATURING WORLD’S LARGEST AND SLIMMEST OLED TV

LG Electronics will showcase a medley of industry-leading consumer electronics under the banner “ABOVE AND BEYOND” at this year’s IFA show in Berlin. At the center of it all is the world’s largest and

August 30, 2012 14:57

Career Partners International Expands Global Coverage

Career Partners International, one of the world’s largest providers of talent management solutions, is pleased to announce its expansion in Dubai, UAE, Warsaw and Poznan, Poland, and New Delhi, India.

August 30, 2012 10:49

Citibank Premium Wine Club Grand Opening

Citibank Korea Inc.(CEO Yung-Ku Ha, www.citibank.co.kr) launches ‘Premium Wine Club’ that offers 10% discounts on renowned wine brands to all Citi Card customers (including Citi BC, Citi corporate car

August 29, 2012 16:41

Citibank Korea Reports KRW 40.5 billion in Net Income for the second quarter 2012

Citibank Korea Inc., (CKI, CEO YK Ha, www.citibank.co.kr) today reported net income of KRW 40.5 billion for the second quarter 2012, on revenues of KRW 388.0 billion. Net income was 71.9% lower than t

August 29, 2012 16:14

LG ELECTRONICS, TP VISION AND TOSHIBA EXPAND MARKET REACH WITH SMART TV ALLIANCE

Smart TV Alliance, launched in June this year by founding board members LG Electronics and TP Vision with Toshiba joining shortly after, has expanded with new members with expertise from different are

August 29, 2012 15:04

Maruchi, acquired Venture Company Certificate with patented product, Endocem

Dental equipment manufacturer Maruchi Co., Ltd. (CEO Sung-Wook Jang, www.endocem.com) announced to have acquired Venture Company Certificate (No. 20120106106) from KIBO last June 28th. Venture Comp

August 29, 2012 10:18

CKI and KOTRA sign the MOU on bilateral cooperation for global middle market enterprises

Citibank Korea Inc. (CKI, CEO Yung-Ku Ha, www.citibank.co.kr) and Korea Trade-Investment Promotion Agency (KOTRA, President Young-Ho Oh, www.kotra.or.kr) have announced that CKI and KOTRA sign the Mem

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