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South Korean exports of information and communications technology products slipped for the fourth straight month in February, mainly due to sluggish overseas demand for semiconductors, government dat...
An undisclosed number of US states have launched an investigation into “spontaneous fires” involving vehicles of Hyundai Motor and Kia Motors. Connecticut Attorney General William Tong said on Ma...
South Korea’s Industry Ministry said on March 19 it will sharply reduce the import surcharge imposed on liquefied natural gas in line with the government’s efforts to control fine dust pollution. ...
The Cabinet approved tax expenditure programs to help create jobs and boost innovation-led growth, the finance ministry said on March 19. Tax expenditures involve programs that allow working-clas...
The Korea Herald is publishing a series of articles and videos about some of the most expensive and fascinating landmark office buildings in Seoul. -- Ed. Defining the symbolic cityscape of Seoul...
South Korea’s 10 largest conglomerates held record-high cash reserves last year, as they earned more on thriving chip businesses but spent less on fears of a sluggish economic outlook. According to...
The government said on March 11 that it is considering extending a temporary tax deduction for credit card use in a move to ease public concerns over possible benefit cuts. Korea introduced the c...
After several months of bumpy negotiations, the taxi industry and Kakao Mobility finally broke their impasse and reached an agreement on March 7 to allow paid carpooling services. According to the a...
Korea will strive to achieve a “people-oriented” fourth industrial revolution, with a focus on the successful commercialization of the 5G networks and making more hydrogen-powered vehicles, the ICT M...
Korea’s tax agency said on March 7 that it has launched probes into 95 rich people to see if they attempted to avoid paying taxes. The National Tax Service said the latest crackdown includes 37 o...
The Ministry of Economy and Finance will look into various financial options to curb fine dust, which has blanketed Korea for days, an official said on March 6. The move came soon after President...
Korea ranks 13th in the world in terms of intellectual property standards, a US report showed on March 6. The country received 36.06 points out of the full 45, with its ranking slipping two spots...
The Korean economy grew by a six-year low of 2.7 percent last year due to sluggish corporate investment, but its per capita income surpassed US$30,000 for the first time, preliminary data by the cent...
One of the key policy goals of the Moon Jae-in administration is to propell Korea as a hydrogen-powered economy, having unveiled a road map to becoming a global leader in related technologies. To do...
The Seoul government said on March 4 it will intensively foster its meetings, incentives, conferences and exhibitions sector as part of efforts to help stimulate the sagging economy. The Seoul Me...
Many foreign, domestic investors keen to acquire Skinfood
Kyung Nam Pharm seeks new owner
Abyo Korea hopes to redesign delivery industry
KDB forms co-investing roundtable with 6 local VCs
GenBody’s proposed IPO plans this year suffer setback
SK Biopharma signs contract with US new drug developer
Legal battle looms as approval for 1st for-profit hospital gets canceled
Mirae Asset invests in $243m mezzanine debt for grade A office building in HK
April 20, 2019
