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Korea’s Superb Companies Contributed to Opening the $1 Trillion Trade Era  South Korea’s trade volume reaching $1 trillion, which is almost a miracle that has significance not only for Korea but for developing countries, Korea International Trade Association chairman SaKong Il said at a global conference on “New Vision for Korea’s Trade in the One-Trillion-Dollar Trade Era” held at the InterContinental hotel in southern Seoul.
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Korea’s Beauty Care Items Making Inroads into Overseas Markets  Korean cosmetics and beauty care items will be on display at COSMOPROF ASIA 2011, from Nov. 9 to 11 at the Hong Kong Convention and Exhibition Centre. COSMOPROF ASIA is the largest and most prestigious international beauty trade event in Asia, offering attendees and exhibitors access to buyers and sellers from a variety of beauty industry sectors, including cosmetics, perfumery and toiletries, professional beauty salon products and equipment, packaging and hair products.
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Korea-EU FTA gives big boost to Korea-EU trade  The free trade agreement (FTA) between Korea and the European Union, which took effect on July 1st of this year, appears to have injected an immediate jolt in trade for the economies involved.
The trade volume between Korea and EU nations for the July 1-13 period amounted to $3.1 billion, up 17.4 percent from the same period last year, according to data released by the Korea Customs Service (KCS). Korean exports to the world’s biggest economic bloc reached $1.5 billion, up 19 percent, while imports from the 27 European nations rose 16 percent to $1.6 billion.
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Korea’s Foods Headed for the Cologne Food Fair to Expand Presence in the Global Market  Anuga 2011 will be held in Cologne, Germany from October 8 to 12, 2011. The biannual fair for food & beverages has attracted a host of suppliers and buyers from around the world. In a bid to further promote Korea’s food products and explore new overseas markets, the Korea Agro-Fisheries Trade Corporation has organized a Korean pavilion, where dozens of local food companies, including the big players in Korea’s food industry such as Daesang FNF, Hite-Jinro Group and Sempio as well as small-sized suppliers will show off their flagship products.
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South Korea’s Top-class IT Products Catching Global Attention  The relatively small but powerful South Korean IT industry and its related enterprises are actively expanding their share of global markets, with their independently developed, globally competitive products with cutting-edge technologies. Some of the listed companies are particularly noticeable.
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Korea’s Smart Household Goods with High Quality  The trend toward health-oriented “well-being” food and lifestyle is becoming increasingly fashionable these days in many countries. Furthermore, LOHAS (Lifestyles of Health and Sustainability) is rapidly expanding its market presence in a number of countries, targeting consumer groups who care deeply about the environment, health, sustainability and social justice.
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Korea’s Food Products Aim To Go Global  As attentions has been recently being drawn to Korean food and cultural products, some typical Korean foods such as kimchi, bulgogi and bibimbap have gained popularity among foreigners because of their taste or well-known health benefits.
Cashing in on the keen interests in the Korean cuisine and cultural items overseas, Korea’s food companies are actively seducing the appetites of overseas consumers by launching Korean food products, including instant noodles, snacks and beverages as well as the well-known Korean cuisine. And some of them are making a boom in overseas markets, such as the U.S.A, China, Japan and Russia.
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Jusung is Korea’s largest process technology solutions provider for semiconductors, flat panel displays, solar, OLED and LED lighting. After the company’s foundation in 1995, Jusung Engineering introduced Korea’s first semiconductor equipment and continued to be recognized as the global supplier with the global standard state-of-the-art technology.
South Korea will this year become the ninth country with annual exports and imports exceeding US $1 trillion, despite the global financial crisis, following the historical path of the United States, Japan, Germany, France, the UK, China, Italy, and Dutch.
Due to an ageing population and rising healthcare costs, the global medical industry is one of the world’s fastest growing industries. The demand for reliable and yet affordable medical technologies are rapidly growing.
