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A view across the city including the mountains and skyscrapers in the Gangnam business district in Seoul, South Korea. Photo by Dan Istitene/Getty Images News

Aug 12, 2015 AM EDT - Dana Marie

Seoul Metropolitan Government Holds ‘Beautiful Buildings’ Contest

The local government of South Korea’s largest metropolis and capital is organizing a public contest starting today until September 10. It involves finding the city’s 100 most beautiful buildings among 640,000 registered buildings.

Chairman Shin Dong-Bin

Aug 12, 2015 AM EDT - Dana Marie

Shin Dong-bin Promises to Improve Lotte’s Cross Shareholdings

The co-CEO of Lotte Holdings and chairman of Lotte Group, Shin Dong-bin, has announced that the corporation will lessen the shares of holding companies in Japan-based Hotel Lotte.

Choi Jung-Won

Aug 11, 2015 AM EDT - Dana Marie

Fourth Year of Seoul Musical Festival Starts on August 17

Korea’s first festival – Seoul Musical Festival – that features homegrown musicians will run from August 17-24 at Dongdaemun Design Plaza and Chungmu Art Hall.

Paris Hotel

Aug 11, 2015 AM EDT - Dana Marie

Korea’s Team of Hackers Dominate the “DEFCON Capture the Flag (CTF) 23”

Korea’s team of hackers has won the top prize during the DEFCON Capture the Flag (CTF) 23 event in Las Vegas, Nevada.

Cyber Terror Response Center

Aug 10, 2015 PM EDT - Dana Marie

The Increasing Popularity of Mobile Devices for Financial Transactions

The past year has seen an increase in banking and other financial transactions done through mobile devices.

Ryoo Kihl-Jae and Hwang Pyong-So

Aug 10, 2015 AM EDT - Dana Marie

South Korean Companies Are Willing to Set Up a Business in North Korea

The Korean Chamber of Commerce and Industry (KCCI) has rolled out a survey involving 500 companies in South Korea, and 87% has expressed their interest in setting up a business in North Korea after both nations unify.

meals in ice bowls

Aug 10, 2015 AM EDT - Dana Marie

Products That Beat the Heat Sell Quick in Korea

The scorching temperature felt for the past days might have led to the death of seven individuals as well as thousands of livestock, but it has led to high sales among local businesses.

amusement park animals

Aug 10, 2015 AM EDT - Dana Marie

Hottest Summer in Seoul and Other Areas

Seoul is experiencing from scorching temperature, which the government has expected to continue until the middle of the week.

Jaguar XE

Aug 07, 2015 PM EDT - Dana Marie

Jaguar Competes for Sport Sedan Sales

Hoping to battle for the sales of sport sedan in Korea, Jaguar has unveiled the XE at the Grand Hyatt Hotel on Thursday. It is targeted at young drivers, who love to find sleek design and high performance in a car.

Seoul Lantern Festival

Aug 07, 2015 AM EDT - Dana Marie

Cultural Events to Watch Out for When in South Korea This August

With Korea celebrating the 70th anniversary of its liberation from Japan’s rule on August 15, the month presents a series of cultural events in Seoul that locals and tourists shouldn’t miss.

Hyundai luxury sedan

Aug 07, 2015 AM EDT - Dana Marie

More Strict Tax Laws on Business Vehicles

The South Korean government will implement more rigid tax regulations on the use of vehicles among businesses starting next year.

industrial workers in Korea

Aug 07, 2015 AM EDT - Dana Marie

New Tax Breaks to Improve Korean Economy

The government of South Korea has announced that it will revise tax laws to offer benefits and improve the country’s various sectors.

iris recognition technology

Aug 06, 2015 AM EDT - Dana Marie

South Korea’s Finance Industry Promises Better Security through Iris Recognition

Making online purchases or withdrawing money from an ATM in South Korea will be more secure in the future with the introduction of iris recognition systems.

Korea Exchange Bank

Aug 06, 2015 AM EDT - Dana Marie

Foreign Investors Bail Out of Stock Exchange Market

European investors are bailing out of the Korean market, selling their stocks to gain profit amidst the country’s unstable economy.

MERS crisis in South Korea

Aug 06, 2015 AM EDT - Dana Marie

MERS Boosts South Korea’s Online Retail Sales in June

Data has shown that it wasn’t that bad during the MERS crisis. Online retail sales in June have increased by 26% compared to the same period last year, while mobile phone shopping has spiked by almost 80%.

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