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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...
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...
Deloitte Anjin stresses PE’s role in portfolio value creation
Rawrow secures funding from Shinsegae International
Israeli blockchain startup Endor wins innovation award in S.Korea
Expat-run startup out to empower asylum seekers, sustain their careers
Entrepreneurs should learn how to hire and fire: Altos Ventures
USITC probes Samsung over touch screen tech patents
Moon’s new policy aide vows to promote fair economy, income-driven policy
S. Korean IPO capital exceeds W1tr in H1
June 26, 2019
