On Tue, Jun. 11, Seoul hosts Seoul Forward in Hong Kong, with 100 global companies in attendance, and signs MOUs with three companies to help them establish their presence in Seoul Seoul’s FDI All-in-one Support provides step-by-step assistance to global companies to settle in Korea, including Seoul Financial Hub for business tenancy The Seoul Metropolitan...   Read more

The mayor announced 20 priorities across four areas to attract outstanding global talents and build an inclusive multicultural society. The city government plans to collaborate with leading universities to attract 1,000 science and engineering graduates and doctors, setting up channels to help them find jobs in Korea. The city government also plans to address worker...   Read more

Following the success of the ‘Great Hangang River Project,’ Mayor Oh Se-hoon introduces the ‘Comprehensive Plan for Hangang River City’ The plan aims to convert the Hangang River waterfront into a space for everyday life by establishing waterfront hotels, dining areas, and office spaces by 2030 The city wants to make the river a growth...   Read more

Seoul Digital Foundation operates “Seoul Pavilion” at Asia’s largest smart city exhibition, Smart City Summit & Expo (SCSE) Collaborates with five innovative enterprises based in Seoul, resulting in 451 export consultations valued at $29.5 million The “2024 Smart City Summit & Expo (SCSE),” Asia’s largest smart city exhibition, which ran for four days from Tue,...   Read more

The city has been ranked 10th in the 35th “Global Financial Centres Index (GFCI)”, a measure of global financial city competitiveness Seoul solidifies its position as a digital financial hub, climbing one spot to 10th in the ‘Fintech Ranking’ The Seoul Metropolitan Government (SMG) announces its ranking of 10th out of 133 cities in the...   Read more

Negotiations between participating brands and overseas buyers during last month’s Seoul Fashion Week increased by 9.5% compared to the previous edition. Significant business meetings were held for K-fashion brands during the 2024 F/W Seoul Fashion Week at Dongdaemun Design Plaza (DDP) and Seongsu S Factory, paving the way for overseas expansion. The Seoul Metropolitan Government...   Read more

Seoul secures $14.7 billion in FDI: Invest Seoul commits to enhancing Seoul’s global investment appeal with vigorous initiatives in the coming year As Invest Seoul, an initiative by the Seoul Metropolitan Government dedicated to promoting foreign investment in the city, marks its second anniversary this month, it has reported the second highest level of foreign...   Read more

A special event for the Lunar New Year will be held through Mon, Feb. 12, featuring high-demand holiday items and a range of agricultural and meat products at discounts of 5% to 30%. Depending on purchase amounts, shoppers at selected markets will be eligible for Onnuri gift certificates. Additionally, traditional holiday game events will be...   Read more

Number of users up by 14% in 2023 to 55,000 with new store opening in Jongno this year 260,000 cumulative users since inception eight years ago, up by 13.6 times with a 98.6% satisfaction rate Clothing can be rented up to three days at a time and ten times per year (incl. tie, belt, and...   Read more

Post-pandemic growth in financial/insurance (23.2%) and ICT (8.3%) activities, but slowdown for hospitality and foodservice (-24.2%) and other cultural (-10.4%) activities High YoY growth in order of Seongdong-gu (10.9%), Yeongdeungpo-gu (7.2%), and Gangseo-gu (6.4%) The Seoul Metropolitan Government (SMG) announced that the city’s gross regional domestic product (GRDP), which evaluates all goods and services produced...   Read more

Comprehensive support for attracting investments, including tailored ongoing matching with foreign investors and one-stop assistance The Seoul Metropolitan Government (SMG) announced that Invest Seoul, the city’s dedicated investment attraction agency, selected a total of 220 promising companies for the “CORE 100” overseas capital attraction project. Through in-depth evaluations by investment experts, these companies were chosen...   Read more

Seoul Fintech Week 2023 from Wed, Oct. 4 to Fri, Oct. 6 held at DDP 8 programs from an international conference to corporate events to attract investments in fintech companies The Seoul Metropolitan Government (SMG) announced to host the annual Seoul Fintech Week at Dongdaemun Design Plaza (DDP) for three days from Wed, Oct. 4...   Read more