South Korea eases conditions for incentives to foreign-invested firms
Germany's firm
Sejong - Yonhap
South Korea will lower the requirements for foreign-invested firms to receive financial incentives as it seeks to attract over US$20 billion in fresh foreign direct investment (FDI) for the first time, the government said Sunday.
Currently, FDI in any given company or joint venture must be at least twice the value of the land borrowed inside a foreign investment zone (FIZ) in order for the company to qualify for the special rental rate, which is 1 percent of the land value, according to the Ministry of Trade, Industry and Energy.
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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