Sinan offshore wind farm, world’s largest, to be built in South Korea

Sinan offshore wind farm, world’s largest, to be built in South Korea

By Anna Domanska - Feb 05, 2021

Hornsea, home to Britain’s largest offshore wind farm, may lose its claim to fame soon. A southwestern coastal town of Sinan in South Korea is a step closer to wearing this crown

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Apple pays $84 million to settle anti-trust practices in South Korea

Apple pays $84 million to settle anti-trust practices in South Korea

By Christy Gren - Aug 24, 2020

This may be just the tip of the iceberg with more governments and company organizations getting together to stop these bullying tactics by tech Behemoths like Apple, Facebook and

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Korea antitrust chief criticizes Samsung Group’s ownership structure

Korea antitrust chief criticizes Samsung Group’s ownership structure

By Anna Domanska - May 10, 2018

Samsung Group is facing a fresh criticism about its ownership after the country’s antitrust chief on Thursday referred South Korea’s biggest conglomerate as unsustainable. Reut

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Samsung Will Set up a 500 Billion Fund to Support Small Businesses

Samsung Will Set up a 500 Billion Fund to Support Small Businesses

By Christy Gren - May 26, 2017

Samsung Electronics, the South Korean electronics giant has said that it will set up a fund of a whopping 500 billion won, i.e. U.S. $445 million to help the small suppliers, as re

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South Korea K-city: World’s Largest Test-bed for Autonomous Driving

South Korea K-city: World’s Largest Test-bed for Autonomous Driving

By Christy Gren - May 10, 2017

Uber, Mercedes, Tesla, General Motors, and many major players of the automobile sector are into the race of developing vehicles with the autonomous technology. While autonomous te

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South Korea reveals $15bn extra budget to back slowing economy

South Korea reveals $15bn extra budget to back slowing economy

By Anna Domanska - Apr 16, 2013

After much anticipation, South Korea informed that it had prepared a 17.3 trillion won ($15.4 billion) extra budget aimed at spurring its recently fragile economy. Indeed, the Asia

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North Korea’s threats to have long-lasting impact on markets

North Korea’s threats to have long-lasting impact on markets

By Anna Domanska - Apr 05, 2013

North Korean threats have not only spread panic because of the political implications of probable military confrontation, but they have also already affected markets. South Korean

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South Korea cuts its growth forecast as it plans stimulus

South Korea cuts its growth forecast as it plans stimulus

By Jay Raol - Mar 28, 2013

As it was widely anticipated, South Korea revised down its growth forecast for 2013 as the country’s exports suffered from decreasing global demand and the weakening yen. Moreove

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World's Largest Artificial Solar-Powered Floating Island: Viva,Seoul

World's Largest Artificial Solar-Powered Floating Island: Viva,Seoul

By Vrushti Mawani - Jun 06, 2011

With a 700 seat convention hall, restaurants and arcades, all powered by solar energy, Seoul has launched what is likely to become South Korea’s hot new tourist destination. Part

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