Switzerland and South Korea recently signed a protocol to amend the double taxation agreement in the area of taxes on income.The DTA contains provisions on the exchange of information which are in accordance with the Organisation for Economic Cooperation and Development standard. “The revised DTA will contribute to the further positive development of bilateral economic relations,” explained Swiss

The Commission on Filipinos Overseas and the Philippines Embassy have published the schedule for their cultural orientation seminars.The seminars will be held at St. Mary Euphrasia Foundation-Center for Overseas Workers (SMEF-COW) and the People’s Reform Initiative for Social Mobilization (PRISM).Apart from attending the two-day cultural orientation seminar, Filipino spouses and other partners of

Effective this year, the U.S. Embassy will offer monthly consular services in Busan instead of on a bimonthly basis. A consular officer will be available on Jan. 24, from 1p.m.―4 p.m. and on Jan. 25, from 9 a.m. to noon at the American Presence Post, Lotte Gold Rose Building ― also known as the Job Center Building ― in Yangjung-dong, Busanjin-gu, Room 612. United States citizens will be able to ap

The Hungarian Embassy has announced the release of the Hungarian Higher Education booklet for this year. The online booklet contains information regarding 73 Hungarian higher education institutes in Hungary and in other countries.The list provides a picture of a diversified system of higher education institutes such as state-owned universities and colleges, those owned by religious denominations,

The crew of a South Korean freighter, hijacked in the Arabian Sea on Saturday apparently by Somali pirates, have been all confirmed to be safe, an official at Seoul's foreign ministry said Sunday.The 11,500-ton chemical freighter, the Samho Jewelry, was en route to Sri Lanka from the United Arab Emirates carrying 21 crew members when it was seized in waters between Oman and India on Saturday."The

South Korea's consumer prices may grow in the 4-percent range in the first quarter, as rising raw material costs and food prices are putting upward pressure on consumer inflation, experts said Sunday.South Korea's central bank, the Bank of Korea (BOK), forecast the country's consumer prices to rise 3.5 percent this year, up from 2.9 percent in 2010. The bank's inflation projection stood at 3.7 per