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The Hydrogen Industry in Korea – Next Clean Energy Revolution
The interest in hydrogen technology is growing, with demand increasing rapidly in South Korea. The hydrogen industry in Korea is relatively new, however, it is getting massive support. Major conglomerates in Korea are cooperating to develop a nationwide hydrogen ecosystem and work with the Korean…
NFTs in Korea – The Newest Cryptocurrency Craze
An innovative funding model is starting to build momentum in South Korea for industries art, collectibles, media, gaming, and even music. This funding model is called NFT which stands for non-fungible token. Think of NFTs as a digital certificate of authenticity for anything from an object, video…
Entrepreneurs in Korea Should Turn Their Passion into Profit
Entrepreneurs in Korea, we've all heard this age-old saying...If you do something you love, you'll never work a day in your life.....but for many of us, the thought of turning our passions into profits is nothing but a distant dream. And, let's be honest, this can't be truer for many millennials in…
5 Step Guide to Setting up a Business in Korea as a Foreigner
The question that I get asked the most from foreigners in Korea is about setting up a business in Korea. South Korea has become an excellent location for global entrepreneurs and investors looking to enter the Asian market. Seoul, in particular, has become a global hub for startups passionate about…
10 Things You Should Know Before Starting a Business in Korea
South Korea's GDP is 10th in the world with a total of $1.64 trillion as of 2019. A small country like South Korea has made the top 10 because they have made a concerted effort to open up its economy to foreign players. Therefore many foreigners are interested in starting a business in Korea.…
Targeting South Korean Consumers – Everything you Need to Know
South Korea has powerful industries in mobile, automotive, beauty, fashion, entertainment, and technology. They got to this level because of their massive workforce that has usually put career over family. The average Korean worker works about 70 hours a week. It got so bad that the Korean…
