Geography of South Korea

CABEI Chose Yeouido for Its Korea Office

Retrieved on: 
Monday, June 21, 2021
Yeouido, International Finance Center Seoul, Seoul, Geography of South Korea, Cities in Asia, Multilateral development banks, Yeongdeungpo District

SEOUL, South Korea, June 21, 2021 /PRNewswire/ -- The Seoul Metropolitan Government (SMG) succeeded in attracting the CABEI's Korea office to the capital.

Key Points: 
  • SEOUL, South Korea, June 21, 2021 /PRNewswire/ -- The Seoul Metropolitan Government (SMG) succeeded in attracting the CABEI's Korea office to the capital.
  • To support public and private investment in regionally balanced development and economic integration, the CABEI was established in 1960 as a multilateral regional development bank.
  • The CABEI plans to open its Korean branch in the International Finance Center Seoul (IFC) in Yeouido and start to serve as a strategic partner for Korea and Central America.
  • Kim Eui-Seung, Deputy Mayor for Economic Policy, said, "The installation of the CABEI's office will be a chance for Yeouido, Seoul's financial hub, to leap forward as Asia's financial center.

transcosmos relocated HQ of transcosmos Korea, and expanded "Namyeong Center," at the same time it opened "Euljiro Center"

Retrieved on: 
Monday, March 1, 2021
Euljiro, Geography of Seoul, Seoul, Yeouido, Geography of South Korea, Cities in South Korea, Cities in Asia

In addition, the company has opened its new "Euljiro Center" and has begun its operation with 400 workstations.

Key Points: 
  • In addition, the company has opened its new "Euljiro Center" and has begun its operation with 400 workstations.
  • Now, transcosmos has a total of 14 centers with about 5,000 workstations (about 8,100 workstations including on-site locations) across South Korea.
  • Along with the business expansion, the company has relocated the headquarters of transcosmos Korea, Inc. (Headquarter: Seoul, Republic of Korea; President and COO: Kwon Sang-chuel; transcosmos Korea) from the "Namyeong Center" to "Yeouido."
  • With the goal of continuing business operations whilst controlling the expansion of infections, transcosmos will create workplaces where employees can feel safe.

Korean Cosmetics Company Jejuindi Selected for Jeju DMO Pilot Project of JDC and Starts Product Development and Export

Retrieved on: 
Thursday, February 18, 2021
Cosmetics, Retail, Consumer, Women, Children, Destinations, Travel, East Asia, Economy of South Korea, Geography of South Korea, Jeju Free International City Development Center, Jeju Island, JDC, DMO, Destination marketing organization, South Korea, Tourism, Countries, Regions

Jejuindi Co., Ltd. , a Korean cosmetics company, announced a plan to promote product development and export in earnest.

Key Points: 
  • Jejuindi Co., Ltd. , a Korean cosmetics company, announced a plan to promote product development and export in earnest.
  • In December 2020, Jejuindi was selected as a company to participate in the Jeju Destination Marketing Organization (DMO) pilot project of Jeju Free International City Development Center (JDC).
  • The DMO pilot project of JDC supports marketing through the tourism commercialization support project aimed at improving tourism products developed by connecting tourism and other industries of Jeju Island.
  • By actively making use of this project, Jejuindi will develop products based on the regional characteristics with improved marketability and competitiveness.

Following Successful Pilot, South Korea’s Jeju Island Launches Blockchain-Based Contact Tracing App to All Visitors

Retrieved on: 
Friday, January 15, 2021
Jeju Island, Jeju, QR code, Communication, Jeju Province, Geography of South Korea, Geography of Korea, Jeju Free International City Development Center

Jeju Safety Code provides secure, private contact tracing for Covid-19 for Jeju Islands 15 million annual visitors.

Key Points: 
  • Jeju Safety Code provides secure, private contact tracing for Covid-19 for Jeju Islands 15 million annual visitors.
  • Jeju Safety Code was developed jointly by ICONLOOP and Jeju Island through a public-private partnership agreement.
  • As Koreas most popular domestic tourist destination, a large number of people visit high-traffic areas throughout Jeju Island, making it crucial to deploy effective contact tracing methods.
  • To use the Jeju Safety Code app, visitors scan a QR code at a business or tourist destination.

Black Sage Contributes to Successful Drone Detections at Incheon International Airport

Retrieved on: 
Tuesday, November 10, 2020
Incheon International Airport, Jung District, Incheon, Memphis International Airport, Airports, Geography of South Korea, Seoul Capital Area

BOISE, Idaho, Nov. 10, 2020 /PRNewswire/ -- Illegal drones were detected approximate to the Incheon International Airport by a C-UAS system featuring Black Sage technology and layered sensors installed at Incheon International Airport.

Key Points: 
  • BOISE, Idaho, Nov. 10, 2020 /PRNewswire/ -- Illegal drones were detected approximate to the Incheon International Airport by a C-UAS system featuring Black Sage technology and layered sensors installed at Incheon International Airport.
  • "Black Sage is proud to work with our partners at Incheon International Airport Corporation to increase the safety of passengers arriving and departing from their airport," stated Trent Morrow, Black Sage's Chief Strategy Officer.
  • Incheon International Airport is one of the world's largest airports and a leader in airport safety and security.
  • Terminal 2 at Incheon International Airport was named World's Best Airport Terminal in 2020.

With the completion of the Seoul International Financial Office, Seoul invites financial institutions to move into SFIO

Retrieved on: 
Wednesday, August 5, 2020
Economy of Seoul, International Finance Center Seoul, Yeouido, Seoul, Geography of South Korea, Financial centre, Economy, Yeongdeungpo District

SEOUL, South Korea, Aug. 4, 2020 /PRNewswire/ -- The Seoul Metropolitan Government announced that it will open the "Seoul International Financial Office (SIFO)" in Yeouido*, Korea's financial mecca, in this coming October.

Key Points: 
  • SEOUL, South Korea, Aug. 4, 2020 /PRNewswire/ -- The Seoul Metropolitan Government announced that it will open the "Seoul International Financial Office (SIFO)" in Yeouido*, Korea's financial mecca, in this coming October.
  • To be located on the 16th floor of the Seoul International Financial Center ("One IFC"),SIFO is a dedicated space for domestic and international financial institutions, featuring offices of various sizes that can accommodate from one to 30 people.
  • With the completion ofSIFO, the Seoul Metropolitan Government will selectten financial institutions to move into SIFO.
  • Mr. Kim Eui-seung, Deputy Mayor for Economic Policy, said, "Seoul will attract competitive domestic and international financial institutions in Yeouido to make Seoul an international financial hub.

Gyeonggi Province to enhance post-COVID-19 quality of life with "untact" initiatives

Retrieved on: 
Friday, July 31, 2020
Gyeonggi Province, Seoul Capital Area, Suwon, Country subdivisions, Geography of Korea, Geography of South Korea

SUWON, South Korea, July 31, 2020 /PRNewswire/ -- Gyeonggi Province announcedthe introduction of"untact" initiatives in preparation for a post-COVID-19 era, allocating USD 43.4 million over the next two years.

Key Points: 
  • SUWON, South Korea, July 31, 2020 /PRNewswire/ -- Gyeonggi Province announcedthe introduction of"untact" initiatives in preparation for a post-COVID-19 era, allocating USD 43.4 million over the next two years.
  • First, to foster an untact society in which all enjoy convenience in daily life, a "tagless" bus fare payment systemis piloted.
  • Besides, the Gyeonggi Online Lifelong Learning Knowledge (GSEEK) system, a video education service that enables real-time communication,is strengthened.
  • We continue to consider what we should and can do in this new era to create a sustainable Gyeonggi Province."

Gyeonggi Province to enhance post-COVID-19 quality of life with "untact" initiatives

Retrieved on: 
Friday, July 31, 2020
Gyeonggi Province, Seoul Capital Area, Suwon, Country subdivisions, Geography of Korea, Geography of South Korea

SUWON, South Korea, July 31, 2020 /PRNewswire/ -- Gyeonggi Province announcedthe introduction of"untact" initiatives in preparation for a post-COVID-19 era, allocating USD 43.4 million over the next two years.

Key Points: 
  • SUWON, South Korea, July 31, 2020 /PRNewswire/ -- Gyeonggi Province announcedthe introduction of"untact" initiatives in preparation for a post-COVID-19 era, allocating USD 43.4 million over the next two years.
  • First, to foster an untact society in which all enjoy convenience in daily life, a "tagless" bus fare payment systemis piloted.
  • Besides, the Gyeonggi Online Lifelong Learning Knowledge (GSEEK) system, a video education service that enables real-time communication,is strengthened.
  • We continue to consider what we should and can do in this new era to create a sustainable Gyeonggi Province."

KKR, IGIS and SK D&D Acquire Namsan Square in Seoul

Retrieved on: 
Friday, February 28, 2020
REIT, Finance, Professional services, Commercial Building & Real Estate, Construction & Property, Landforms, Geography of Korea, Jung District, Seoul, Namsan, Yongsan District, Geography of South Korea, Seoul, Leadership in Energy and Environmental Design, Real estate investing

Built in 1978, Namsan Square is strategically located at the gateway to Seouls central business district.

Key Points: 
  • Built in 1978, Namsan Square is strategically located at the gateway to Seouls central business district.
  • Formally known as Kukdong Building, Namsan Square has been renovated through the years and today holds a LEED Gold green building certificate.
  • The IGIS team looks forward to bringing our extensive experience renovating real estate projects to Namsan Square and enhancing this property for tenants in the years to come.
  • South Korea is a key part of KKRs Asia real estate strategy, and Namsan Square is the Firms fourth real estate investment in the country.

Incheon City Takes off as Culture and Tourism Industry Hub in Northeast Asia with IFEZ’s Yeongjong Resort Complex Cluster

Retrieved on: 
Tuesday, December 10, 2019
Casino, Gaming, Entertainment, Air, Transport, Theme Parks, General Entertainment, Lodging, Vacation, Destinations, Travel, Jung District, Incheon, Incheon International Airport, Incheon, Geography of South Korea, Cities in South Korea, Yeongjongdo

View the full release here: https://www.businesswire.com/news/home/20191210005029/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20191210005029/en/
    Incheon City plans to take off as a hub of culture and tourism industry in Northeast Asia through the Yeongjong-do Integrated Resort Cluster Project.
  • Yeongjong International Town, where the Incheon International Airport is located, continues to expand cultural and tourism facilities.
  • To open it in 2021, the Caesars Resort Complex is under construction in Yeongjong-do by Caesars Entertainment.
  • It also expects that the resort complex industry will conspicuously contribute to invigorating the regional economy and development of the MICE industry.