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The chiefs of South Korea’s top 10 conglomerates are expected to collect record-high dividends for 2018 on the back of generous dividend payouts from the listed companies, according to data from corp...
Credit card use at convenience stores reached a new peak last year, nearing 8 trillion won ($7.1 billion), according to the Bank of Korea, on Feb. 17. Between January and November in 2018, over 7.3 ...
Digital currency authorized by the central bank may have a negative impact on the Korean financial system, causing a liquidity shortage and pushing up interest rates, a report said on Feb. 7. Recent...
Korea plans to spend over 13 trillion won (US$11.60 billion) over the next decade to expand infrastructure areas that border North Korea, including the Demilitarized Zone, for closer inter-Korean exc...
Officials from the International Monetary Fund and the World Bank will visit Korea this week for a regular assessment of the nation‘s financial system, officials said on Feb. 11. The IMF and Worl...
Korea will try to reduce its heavy reliance on exports to China as it seeks to diversify its overseas markets to Southeast Asia, the country’s top trade official said on Feb. 11. Trade Minister K...
Small and medium enterprises in South Korea called on Feb. 10 for reopening an inter-Korean industrial complex in North Korea’s border town of Kaesong on the third anniversary of the factory park’s s...
The World Trade Organization (WTO) ruled on Feb. 9 that South Korea can move to impose annual retaliatory duties worth US$84.8 million against U.S.-made goods in response to measures taken against la...
Major foreign investment banks (IBs) revised down their forecasts for South Korea‘s economic growth for this year citing sluggish exports and slowing global demand, a report showed on Feb. 10. Th...
Korea’s industry minister on Feb. 7 called for manufacturers to focus on the quality of their growth as the sector is expected to suffer from a global economic slowdown this year. Minister of Tra...
Digital currency authorized by the central bank may have a negative impact on the Korean financial system, causing a liquidity shortage and pushing up interest rates, a report said on Feb. 7. Rec...
South Korea plans to spend over 13 trillion won (US$11.60 billion) over the next decade to expand infrastructure areas that border North Korea, including the Demilitarized Zone, for closer inter-Kore...
[THE INVESTOR] Korea’s antitrust regulator said on Feb. 7 that the number of firms affiliated with local conglomerates on its watch list fell by 23 to 2,570 in the last three months. The Fair Tr...
[THE INVESTOR] Korea’s exports moved down 5.8 percent in January from a year earlier, government data showed on Feb. 1. Outbound shipments came to US$46.3 billion for January, down from US$49.2 ...
[THE INVESTOR] The number of counterfeit Korean banknotes detected here last year reached a 20-year low, the central bank said on Jan. 30. The Bank of Korea said a total of 605 fake bills were f...
Samsung Display CEO confirms QD-OLED plan
KT launches epidemic prevention app in Ghana
Signs of global recession haunt S. Korean economy
SKT ‘opens virtual zoo’ in Seoul
Han Sung Motor revenue triples under Ausprung leadership
Incheon Airport expands overseas business portfolio
Can LG smart fridge actually tweet?
WeMade turns profitable, share price jumps
August 18, 2019
