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Productivity in South Korea’s industrial sectors improved 3.6 percent last year from a year earlier largely due to the adoption of a shortened workweek, a state agency said on May 7. The producti...
The value of houses owned by chaebol heads shot up 34 percent in 2019 from a year earlier, data showed on May 5. According to the data compiled by Chaebul.com, the combined declared value of houses ...
South Korea’s exports dropped 2 percent in April from the previous year, marking the fifth consecutive month of downtrend amid a prolonged slump in the chip-making business and sluggish demand from C...
South Korea’s exports dropped 2 percent in April from a year earlier, extending their on-year fall for the fifth consecutive month due to a drawn-out slump in chips, government data showed on May 1. ...
President Moon Jae-in on April 30 emphasized the great growth potential of the non-memory chip sector, reaffirming the government’s plan to offer every possible support for South Korea’s businesses i...
South Korea’s air passenger traffic reached a record high in the first quarter of the year, helped by the rising number of Chinese tourists and increasing budget airliner operations, government data ...
South Korea’s industrial output edged up 1.1 percent in March from a month earlier due in part to increased production of semiconductors and the service sector, government data showed on April 30. ...
South Korea ranked No. 1 in the world in terms of its ratio of research and development spending to gross domestic product, data showed on April 30. The latest data by the Organization for Econom...
Following the cancellation of the license for the nation’s first for-profit medical center, its operator Shanghai-based Greenland Group -- which has made investments in Jeju Special Self-Governing Pr...
South Korea’s finance minister on April 29 ruled out the possibility that the government would adjust the country‘s economic growth target despite an economic slowdown. “For now, (the government)...
Activist urges tech firms to reduce e-waste by ending ‘planned obsolescence’ in their products South Korea’s largest automaker Hyundai Motor should speed up its efforts in changing its business po...
South Korea’s top fiscal minister has called on the United States to exempt it from new duties on imported vehicles at meetings of G-20 finance ministers and central bank governors held in Washington...
South Korea on April 12 welcomed the World Trade Organization’s decision to rule in favor of Seoul’s import restrictions on Japanese seafood in the wake of the 2011 Fukushima nuclear disaster. The c...
New foreign direct investment pledged to South Korea in the first quarter of 2019 dropped sharply, amid a global economic slowdown, government data showed on April 11. Korea received $3.17 billio...
South Korea’s tax revenue was tallied at 12.1 trillion won ($10.6 billion) in February, down 1.3 trillion won from a year earlier, the Finance Ministry said on April 10. Income tax revenue amount...
Tada executives acquitted
Investment firms act to reap windfalls from ‘Parasite’ boom
[From the Scene] Galaxy S20, Z Flip attract aspiring tech leaders in Silicon Valley
FTC to report Naver chairman to prosecutors for violating antitrust laws
Woori Bank merges two Cambodian subsidiaries
LG Chem gets default win in US ITC suit after SK Innovation’s contempt of court
NH Nonghyup holds 2nd demo day
Why investor Jim Rogers remains optimistic about inter-Korean business
February 23, 2020
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