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The Future of UK-South Korea Relations
The relationship between the United Kingdom and South Korea has grown significantly in recent years, with both countries seeking to enhance their economic and political ties. It was uncertain how this relationship would be after Brexit, but after a few years, it is clear that South Korea should not…
Best Networking Tips for Korean Entrepreneurs to Succeed
Koreans are naturally shy and most are considered introverts. This is one of the reasons why many Koreans refuse to speak English even though they can. The mentally seems to be that if you are not perfect at something you shouldn't try. Koreans are mostly perfectionists which can hurt their growth.…
Seoul Fintech Lab Investor’s Day
Seoul Fintech Lab hosts "Investor's Day' every year in partnership with Plug and Play. The Silicon Valley-based accelerator launched its Korean office in 2020. Since then, Seoul Fintech Lab, Korea's first fintech accelerator, and Plug and Play co-host a 6-week accelerator program for Seoul Fintec…
Why is the Youth Unemployment Rate in Korea so High?
The youth unemployment rate in South Korea currently stands at 10%. South Korea overall lost over 1 million jobs from the same time last year. The majority of job loss was in the service sector which has been hit especially hard during the coronavirus pandemic. Retail jobs, hotel jobs, and…
IDCITI offers an Underground GPS Solution for Smart Cities
Localization and navigation rely strongly on GPS (Global Positioning System) as it is both easy to use and accurate. However, GPS signals can be compromised by both natural and human sources. A startup in Korea called IDCITI has developed an underground GPS solution that can pinpoint a vehicle’s…
Innovative BioTech Companies in Asia to Watch out For
Biotechnology (BioTech) is technology based on biology. It uses cellular and biomolecular processes to develop technologies and products that help improve our lives. The Biotech industry is broken into three main sectors: medical, agricultural, and industrial. Many of the top innovative Biotech…
