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South Korea and the United States held vice-ministerial economic cooperation talks in Seoul on Nov. 6, largely aimed at enhancing their key regional policy initiatives in Southeast Asia and the Indo-...
South Korea’s Transport Ministry on Nov. 6 adopted a scheme to cap presale prices of privately built apartments as part of extended efforts to stabilize real estate markets. Seoul revised related...
South Korea’s current account surplus reached an 11-month high in September, although its amount narrowed from a year earlier due to slowing exports, central bank data showed Nov. 6. The country’...
South Korea has built a hydrogen plant in the country’s western region, the Oceans Ministry said Nov. 5, in a move that could further boost its efforts to support the promotion of hydrogen fuel cell ...
South Korea’s foreign exchange reserves rose to a new high last month, but largely due to the weakening of the US dollar, which pushed up the dollar value of its assets held in other currencies, cent...
South Korea logged one of the sharpest falls in its potential growth rate over the past two years among advanced economies, data showed on Nov. 3. The country’s potential economic output was estimat...
South Korea’s central bank on Oct. 31 welcomed the latest US rate cut, saying it may help remove some economic uncertainties. “We believe a US rate cut generally works toward boosting the econ...
South Korea and 26 other countries have pledged to provide the Green Climate Fund with $9.7 billion over the next four years, the fund said Oct. 28. Korea doubled its contribution to $200 million...
South Korea’s Ocean Ministry said Oct. 28 it will gradually replace 140 government ships with those utilizing clean energy sources by 2030 to meet tighter regulations. “The project will help Kore...
South Korea’s declining exports are predicted to turn around in the first quarter of next year on the back of rising demand for chips and recovery in the global economy, a trade association said on O...
South Korea’s economic growth will likely slow down further this year, possibly falling below the 2 percent mark for the first time in 10 years, analysts said Oct. 24. The gloomy outlook comes af...
The head of South Korea’s antitrust regulator said Oct. 22 she will ensure the country’s law is applied fairly against foreign companies accused of violations. Fair Trade Commission Chairperson J...
Prime Minister Lee Nak-yon said on Oct. 22 that his trip to Japan will help South Korea and Japan take a step forward in mending their frayed ties over the issue of Tokyo’s wartime use of forced labo...
Duncan Harrison, country manager of Robert Walters Korea, the Seoul branch of the London-based recruiting firm, shared some tips for job seekers who are hoping to enter the startup industry. The job...
The Bank of Korea on Oct. 16 slashed its policy rate by a quarter percentage point to 1.25 percent amid a series of economic headwinds facing the economy, including low inflation and a steady decline...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 19, 2021
