Seoul 2018 concerts

Seoul city on Thursday announced plans to open a new library and concert hall in areas of the capital that were previously considered underdeveloped and lacked cultural facilities.Under the plan, the city will spend 387.8 billion won ($325.6 million) to build a library in Dongdaemun District in eastern Seoul and a concert hall in Yeongdeungpo District in western Seoul, the metropolitan government said in a press release.“Considering the two venues are being reborn from neglected wastelands into cultural facilities, [we] anticipate they will vitalize the local communities,” it said.The library, spanning a floor space of 35,000 square meters (376,700 square feet), will be built in the Cheongnyangni area that was formally known as a red-light district but is currently going through massive redevelopment.The city said the completed venue will be three times larger than the current landmark Seoul Library nestled in the old city hall building. The concert hall, dubbed the second … [Read more...] about Library and concert hall to revitalize capital areas

        Finance Minister Arun Jaitley today announced Rs 10,000-crore outlay for the 2018-19 fiscal on expansion of telecom infrastructure under various government projects in the country.“I have provided Rs 10,000 crore in 2018-19 for creation and augmentation of this telecom infrastructure,” Jaitley said in his budget speech while referring to work done under government’s Bharat Net project.The Bharat Net project aims to connect 2.5 lakh gram panchayats by March 2019.“The task of connecting 1 lakh gram panchayats with high speed optic fibre network has been completed under Phase 1 of Bharat Net program. This has enabled broadband access to cover ...rural Indians in about 2.5 lakh villages. The government also proposed to set up 5 lakh wifi hotspots which will provide broadband access to 5 crore rural citizens,” Jaitley said.He said that to harness benefit of emerging technologies, particularly 5th generation technology and its … [Read more...] about Budget 2018: Govt allocates Rs 10,000 cr to boost telecom infrastructure

Talking to ET Now Rajat Sharma, CEO, Sana Securities, says housing finance companies and the IT sector are his top bets for 2018. Edited excerpts: Let us talk about what equity markets are likely to do in the coming week. The big triggers are going to be the verdict in Gujarat and Himachal Pradesh. The exit polls are indicating it is going to be a clean sweep for the BJP. In case that does happen, has the rally already been priced in? No I do not think so. If the results do come out as the polls have projected, you will probably see a continuance of the rally that we have been witnessing and in these kind of bull markets, even if markets are overvalued as they are currently, they can keep getting more and more overvalued just like in bear markets. No matter how cheap stocks are, people do not buy that and markets can keep getting undervalued. My sense is if results do come out the way exit polls are projecting to be, the market will probably get even more expensive from where they … [Read more...] about Rajat Sharma bullish on these 2 sectors going into 2018

Last year, more companies were opened than ever before. But few new enterprises are able to survive for five years.According to Statistics Korea on Thursday, the number of companies that were newly opened in 2018 totaled 920,000. That’s a 0.7 percent increase compared to the previous year. It is also the most since data were first compiled in 2006.A total of 234,000 real estate companies were opened last year, up 8.6 percent from the previous year and 25.5 percent of all newly-opened businesses. New wholesale and retail business establishments totaled 200,000, down 4.7 percent on year and 21.8 percent of the total new businesses.A total of 158,000 lodging and restaurant businesses were opened, down 3.2 percent from 2017.While many companies were formed, many were closed.In the wholesale and retail category, 178,000 businesses were shut in 2017. That’s a 6.9 percent increase compared to the previous year.In the lodging and restaurant category, 146,000 businesses closed, up … [Read more...] about Business openings hit all-time record in 2018

High Street Italia, a building showcasing Italian brands, fashion and lifestyle products through 2020, opened on Wednesday in Garosu-gil, southern Seoul. It was the first time the Italian Trade Agency designated a building in a foreign country solely for the promotion of Italian products. [ITALIAN TRADE AGENCY]Seoul was chosen as the first city to host a building sponsored by the Italian Trade Agency (ITA) dedicated to showcasing Italian brands and goods, the agency announced in opening High Street Italia in Garosu-gil, southern Seoul, on Wednesday.“High Street Italia is where Koreans can find and experience beautiful Italian products brought in by local importers,” said Vincenzo Cali, trade commissioner of the ITA Seoul Office. “But it is also a tool for Italian companies to boost their presence in Korea and enter the Korean market. There are 40 brands here today imported by 16 companies.”The building is open from 11 a.m. to 8 p.m. daily except on Mondays and … [Read more...] about Italy markets its products for 1 year in Seoul