Business

Want that VAT back? VAT Returns for Travelers

By on March 1, 2013 | 9:36 am | 0 Comments

  Everyone knows that every purchase in Korea is subject to a 10% value added tax (VAT). What you may have missed though is that you could be eligible to receive the VAT you paid back upon your departure. This can add up to a substantial amount of money if you’re purchasing expensive goods that you will carry out with you. Only certain people are eligible

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Comings and Goings: Marc Handl, Stuart Nyman & Trevor Hill

By on November 30, 2012 | 8:00 am | 0 Comments

Welcome  Marc Handl The Ritz-Carlton Seoul The new General Manager of the Ritz has worked in Seoul before at another hotel. Marc is very excited to be back in one of his favorite cities to live and work. He is amazed at how Seoul continues to evolve so rapidly and is especially keen to try all the new restaurants that have opened up. A third generation hotelier, Marc

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History: Ghost Stories

By on November 18, 2012 | 8:14 am | 2 Comments

  In the 1890s, an American missionary described Korea as a land of demons and ghosts. They were said to be everywhere—haunting every umbrageous tree, on every roof, filling the chimneys, sheds, kitchens and living rooms. They kept the average Korean in “a perpetual state of nervous apprehension” and made “his well-being depend on a continual series of

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Cover Story: 20 Expats You Need to Know

By on October 27, 2012 | 8:44 am | 0 Comments

Words by Sonia Hensley, shots by Jessica Hollingsworth, John Stoops, and Britt Baumgardner; Illustrations by Pat Volz “Ask not what your country can do for you, but what you can do for your country.” John F. Kennedy What does it take to be named an “Expat You Need to Know”? Whether a beneficiary of Korea’s abundant opportunities or an agent of change with a

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Comings and Goings

By on October 2, 2012 | 2:31 pm | 0 Comments

Coming: Chris Kenneally moved to Korea in June with his wife Donna and their youngest daughter Georgia to take on his new position as President of Tetra Pak Korea. The Kenneallys, originally from Australia, have previously resided in Beijing, Shanghai, Hong Kong and for the past four years in Italy - where they have set up their family home. Chris’ team ensured he was

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Phones Purchased Abroad Now Usable in Korea through O2 Mobile

By on August 5, 2012 | 8:00 am | 0 Comments

In May of 2012, Korea’s mobile phone service system was modified to allow phones purchased abroad to have their SIM cards switched for use domestically in Korea. While switched phones will need to use new Korean phone numbers, users can continue using the phones themselves as-is. Foreign phone owners need only switch the SIM card and check if the phone is a WCDMA-type

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10 Questions: Paul Hong – Founder of Ho Lee Chow and Maple Tree House

By on July 20, 2012 | 8:00 am | 1 Comment

Interview by Jinsoo Margaret Kim and shots by Dylan Goldby Korean-Canadian Paul Hong brought Seoul a brand-new palate of authentic Chinese-American food when he opened restaurant Ho Lee Chow in 1998. Now he has ventured into the Korean dining scene with new Itaewon staple Maple Tree House. Despite his busy entrepreneurial schedule, Mr. Hong found time to sit down with 10

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KEB Opens Center for Expat Living at Headquarters

By on May 7, 2012 | 8:00 am | 1 Comment

Korea Exchange Bank has opened a Center for Expat Living to help expat customers with key non-financial services such as arranging an overseas move, signing up for mobile phones and Internet services, and booking travel. English- and Japanese-speaking staff at the Center provide customers unique access to the services of KT, Korea’s largest telecom services

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With Planet 21, Accor Sets Sights on Sustainable Hospitality

By on May 5, 2012 | 8:00 am | 0 Comments

More and more businesses today are realizing the need for responsible consumption and eco-friendly policies, and the Accor line of hotels is no exception. Accor plans to expand their dedication to sustainable business practices, which began with the establishment of their Environmental Department in 1994, through the launch of the Planet 21 initiative. The name is a

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Expat News: Yeouido Center to Assist Business-Minded Expats

By on January 5, 2012 | 9:00 am | 0 Comments

Entrepreneurs from abroad hoping to set up shop in Korea and locals looking to start their own business now have another option for getting some helpful advice on entering the Korean market. The Yeouido Global Business Support Center is set to open in the Yeouido International Finance Center building at the end of December. This is the second such center in Seoul,

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