• Business

    Paris Baguette going global

    SPC aims to increase bakery outlets to 3,000 in 60 countries by 2020 Bread is a staple food for Westerners and few doubt that the best-quality breads are baked in their countries. For Korean food and confectionery conglomerate SPC Group this is an image it hopes to shatter. The company’s…

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  • West Asia

    Lee Gun-hee’s incessant innovation brings Samsung to success

    Samsung School Book In our childhood, we considered ourselves the last generation of 1952 revolution. I was born in 1963, and then it was very clear that we live under the umbrella of values and slogans of Nasser revolution. Something we were proud of, as many are still, is that…

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  • South East Asia

    [Indonesia Report] Indonesia’s energy consumption grows highest in the world

    Indonesia Ministry of Energy and Mineral Resources claimed that the growth of Indonesia’s energy consumption is higher than any other countries in the world. According to Kompas.com’s report, Directorate General of Renewable and Conservation Energy released a report on the growth rate of Indonesia’s energy consumption in recent years reached to…

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  • East Asia

    Cure-all in the making?

    RNL Bio founder Ra Jeong-chan regards stem cells as fountain of youth A research team at Chungbuk National University carried out experiments with dozens of mice over the past few years to learn what effect stem cells had on lifespan. A score of them lived their average span of around…

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  • East Asia

    Busan logistics hub in Northeast Asia

    Busan Port has emerged as a maritime logistics hub in Northeast Asia, attracting large numbers of multinational freighters. Thanks to its state-of-the-art loading and unloading facilities operational 24 hours a day, a skilled labor force and attractive incentives provided to shipping firms, it has become a must for global shipping…

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  • South East Asia

    Indonesia-China Business Forum Opens In Jakarta With Putting Focus On Economic, Trade Cooperation

    Zhang Wei, vice president of the China Council for the Promotion of International Trade (CCPIT), speaks on the Indonesia-China Business Forum at the Ritz-Carlton hotel in Jakarta, Indonesia, Nov. 19, 2012. The forum which kicked off here Monday focused on Indonesia-China economic and trade cooperation. Picture taken on Nov. 19,…

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  • East Asia

    Hanwha E&C secures most orders overseas

    Hanwha Engineering & Construction (E&C), a latecomer among domestic construction firms that have established a presence abroad, has emerged as a major player this year with its accumulated orders surpassing those of other builders. On Wednesday, the building arm of Hanwha Group secured a $585 million order to construct an…

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  • East Asia

    [Indonesia Report] Indonesian civil servants receive training on bureaucratic reform in Korea

    Some 26 of Indonesian Ministries’ staffs came for training in bureaucratic reform in Korea. The first batch came last Monday (November 6) and stayed for a week to have a training on reformation of bureaucratic system at Korea University. The second batch of around 20 people are now attending the workshop. Civil Servants attending…

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  • East Asia

    Bracing for Xi Jinping era

    Korean firms advised to rechart China strategies Korea Inc is widely expected to face fiercer challenges from Chinese rivals during the era of Xi Jinping who has just been elected by the ruling communist party there to lead the world’s second largest economy for the next 10 years. With the…

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  • Retail war deepens

    Lotte plans to build giant outlet in Busan The country’s two largest retail giants will face off again in Busan. Lotte, the biggest retail chain, and its major rival Shinsegae have engaged in fierce competition for years to gain the biggest slice in industries such as department stores, discount stores…

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