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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...
South Korea’s jobless rate slightly fell to 4.3 percent in March, government data showed on April 10, amid the government’s efforts to create more jobs, with newly added jobs surpassing the 200,000 m...
South Korea’s major companies saw their exports drop last year, amid sluggish global growth and US-China trade tension, but banks enjoyed record-high revenue on the back of interest earnings, data sh...
The mayor of Seoul said on April 4 that his government will spend 1.9 trillion won ($1.67 billion) by 2022 to develop the capital city into one of the world’s top five hubs for startups. Mayor Pa...
South Korea’s monthly current account surplus edged down in February from a year earlier amid sluggish exports, central bank data showed on April 4. The country’s current account surplus came to ...
South Korea’s consumer prices rose at the slowest pace in nearly 20 years in March on a drop in petrochemical products and a stabilization of prices of vegetables, government data showed on April 2. ...
The government plans to draw up an extra budget in April to cope with fine dust and prop up the slowing economy in a pre-emptive manner, officials said on April 2. The decision was made at a meet...
South Korea’s exports moved down 8.2 percent in March from a year earlier, government data showed on April 1, due to falling global prices of chips coupled with the slowing Chinese economy. Outbo...
The Cabinet on March 26 approved guidelines for next year’s budget that focus on, among other things, measures to revitalize the economy and bolster the social safety net. The government plans to...
The government plans to provide loans of 600 billion won ($528.60 million) to support self-employed business owners who are struggling with lackluster private spending, soaring rent costs and tougher...
South Korea’s tax authorities have launched an industrywide tax evasion probe into local entertainment and nightclub businesses, fueled by scores of allegations surrounding K-pop star Seungri’s sex b...
South Korea rolled out a blueprint to foster its robot industry on March 22 with the aim of becoming the fourth-largest player in the sector with a market size of 15 trillion won ($13.2 billion) in 2...
Bithumb, Yeogi Eottae, HanaTour indicted for data leak
Samsung Galaxy Fold is now ready for launch: Samsung Display exec
KTB Securities Thailand seeks listing on solid profits
S.M. Entertainment pressed to answer activist shareholder’s demands
Goldman Sachs lowers growth forecast for S. Korea, expects two rates cuts
SK hynix’s new China plant to stay idle over Huawei fallout
Taxi-sharing app operator Kornatus snaps W1.2b funds
Samsung Display continues to lead in mobile market: IHS
June 20, 2019
