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Sunday, January 21, 2018

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Kakao successfully attracted investment from foreign institutional investors and would invest in M&As and artificial intelligence (AI) technology in the future.  Kakao will embark on a global M&A hunt after securing US$1 billion in funds. Webtoon applicat

For Second Phase Growth

19 January 2018 - 10:15am
Matthew Weigand

Kakao successfully attracted investment from foreign institutional investors and would invest in M&As and artificial intelligence (AI) technology in the future.

Kakao will embark on a global M&A hunt after securing US$1 billion in funds. Webtoon application 'PicoMA' is expected to hit the Japanese market where PicoMA is gaining in popularity first and to tap into overseas markets.

On January 18, Kakao announced that the company successfully attracted investment from foreign institutional investors and would invest in M&As and artificial intelligence...

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Dr. Um Tae-jong, the newly appointed head of the Korean arm of State Street Global Advisors.

Business Development

8 January 2018 - 6:30pm
Matthew Weigand

State Street Global Advisors, the asset management arm of State Street Corporation, announced today the appointment of Um Tae-jong as head of Korea. In this newly created role, Dr. Um will lead SSGA’s business strategy and future development in Korea.  

Dr. Um joined SSGA from MSCI Korea, where he was managing director and head of Korea, overseeing the firm’s businesses across indexes, ESG, IPD, Barra and Risk Matrix. Based in Seoul, Dr. Um reports to June Wong, head of Asia ex Japan at SSGA.

“We are very excited to welcome someone of Dr. Um’s caliber to our team,” said Wong...

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New Zealand Ambassador to Korea Clare Fearnley addresses the attendees of the Year End Grand Hui at the Four Seasons Hotel Seoul on Wednesday, Nov. 15.

Inspire with Innovation

16 November 2017 - 6:00pm
Matthew Weigand

Korea and New Zealand celebrated another year of growth, innovation and friendship under the theme of Korea-New Zealand “Inspire with Innovation” at a year-end networking function held at the Four Seasons Hotel Seoul on Wednesday, Nov. 15.

The Year End Grand Hui, hosted by the New Zealand Chamber of Commerce in Korea, also known as The Kiwi Chamber, and supported by the New Zealand Embassy in Korea, was attended by over 200 dignitaries from the public and private sectors. The event showcased the deepening relationship and trade growth since the free trade agreement between the two...

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David Swan, managing director of Robert Walters Japan and Korea

Artificial Intelligence

21 September 2017 - 9:00am
Matthew Weigand

“Absorbing content, seeing entertainment, traveling are things that people will be doing more of,” David Swan says when asked what a future in which artificial intelligence (AI) systems are commonplace. He sees a booming health and fitness industry, people with enough time for cooking and visiting unique restaurants. He envisions a life without the day-to-day drudgery that occupies most peoples’ time now, a life where people are free to pursue their interests.

As the Managing Director of Robert Walters Japan and Korea, David Swan is in a unique position to see the changes that AI...

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Frans Vlaar, business unit director for Europe, America and AMEA of DSM Sinochem Pharmaceuticals gives the welcome address for the Sustainability through Excellence in Manufacturing workshop at Coex Intercontinental Hotel in Seoul, on Sept. 13, 2017.

Joint Workshop

13 September 2017 - 4:00pm
Matthew Weigand

Antibiotic pollution is a significant cause of Anti-microbial Resistance (AMR), according to experts from DSM Sinochem Pharmaceuticals (DSP), the Indian Institute of Technology (IIT), New Delhi, and other organizations that gathered together for a “Sustainability through Excellence in Manufacturing (STEM)” workshop at COEX InterContinental Hotel in Seoul, South Korea, that was sponsored by the Korea Drug Research Association and ALS Pharmaceutical. They spent the day imparting advanced training and education programs to their business advocates and industry stakeholders on the latest...

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Christopher Lehane (L), Airbnb’s head of global policy and public affairs, and Kim Yong-hak (R), president of Yonsei University, pose for a photo with the newly signed MOU between their two organizations.(photo courtesy: Airbnb)

Mutual Cooperation

12 September 2017 - 7:15pm
Matthew Weigand

Airbnb and Yonsei University today signed an MOU for mutual cooperation for research to build a foundation in an era where the sharing economy is becoming more significant. Airbnb is the world’s largest global home sharing platform, and Yonsei University is the oldest and one of the most prestigious universities in Korea. Attendees at the MOU Signing Ceremony included Christopher Lehane, Airbnb’s head of global policy and public affairs; Kim Yong-hak, the president of Yonsei University, and 10 others from both organizations.

Under the MOU, Airbnb will assist Yonsei to strengthen its...

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StubHub's Korean-language web portal

Reselling Tickets

7 September 2017 - 8:00pm
Matthew Weigand

The growing popularity of Korean pop music also carries with it another growing phenomenon -- an increasing frustration with the ticket-buying process. One can easily find dozens of English-language Q-and- A sites on the Internet where someone is asking how to buy tickets to events in Korea alongside complaints of no tickets being available.

Some answers to these questions contain detailed instructions, complete with a small primer on the Korean language, in order to aid interested English speakers in their quest to get a ticket to the next G-Dragon concert. But even if the...

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Kiwi Chamber Event

4 May 2017 - 6:45pm
Matthew Weigand

The New Zealand Chamber of Commerce in Korea, known as “The Kiwi Chamber,” will host its annual New Zealand Wine Festival events on Saturday, May 20, from 4 to 8 p.m. at the idyllic Waterfall Garden of the Grand Hyatt Seoul, and on Saturday, June 3 from 6:30 p.m. to 10:30 p.m. in the Grand Ballroom at the Park Hyatt Busan. This year’s festivals, the ninth in Seoul and the fifth in Busan, will offer oenophiles an array of premium red and white wines from over 20 vineyards.

A major factor contributing to sales of New Zealand wine in Korea is the Korea-New Zealand Free Trade Agreement...

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Kiwi Chamber Event

22 March 2017 - 10:15pm
Matthew Weigand

Irish Breakfast

14 March 2017 - 2:30pm
Matthew Weigand

Ireland’s Minister for Public Expenditure & Reform Paschal Donohoe addressed over 40 distinguished businesspeople at a breakfast meeting with the Irish-Korean Business Network this morning at the Millennium Hilton in Seoul. The minister highlighted the mutually beneficial trade and investment partnership between the countries while demonstrating Ireland’s economic strengths.

As a gateway to over 500 million people in the EU market, many of the world’s most successful global businesses have chosen Ireland as their strategic base in Europe. Today, Ireland is home to nine of the...

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