Macrogen is a precision medicine and biotechnology company based at the Genomic Medicine Institute of the Seoul National University College of Medicine. The majority-stake investment will give Microba access to Macrogen’s global sales and business networks.
Content Types: ArticleRegions & Countries: South KoreaServices: Employment & Immigration
South Korea: Relaxed Policy on Quota Requirements for D-8 Visa – The Korea Immigration Service has relaxed its policy on D-8 visa quota requirements. The quota is used to limit the number of foreign employees a local sponsoring subsidiary may sponsor under a D-8 visa. The quota was previously strictly tied to the amount of foreign-invested capital the local subsidiary had received from the overseas parent company as indicated in its...
Content Types: NewsletterRegions & Countries: South KoreaIndustries: EducationInformation Technology
Mathpresso, a privately held Seoul, South Korea-based AI-driven education platform developer, plans to raise approximately KRW 15bn (USD 13.2m) in its Series B in 2H19 to buckle down on overseas expansion, according to CEOs Ray Lee and Jake Lee.
Content Types: NewsletterRegions & Countries: South KoreaIndustries: Information Technology
Mykoon, a South Korea-based mobile application developer, is actively seeking to expand its service Spoon Radio, a personal live audio streaming mobile platform, in the Middle East, said CEO Neil Choi.
China can provide strong support for a joint survey of the inter-Korean railway if needed. The project is likely to be a good starting point in promoting economic integration. However, we need to avoid excessive optimism, as there are challenges ahead.