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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...
Korea’s per capita income is expected to surpass US$30,000 for the first time, the finance minister said on March 4, a dramatic rags-to-riches success story that has no parallel in contemporary histo...
Korea’s Industry Ministry said on March 4 it will seek to foster new growth engines for the country’s exports and diversify the portfolio to ease the dependency on semiconductors. According to th...
South Korea said on March 4 it is maintaining round-the-clock tabs of financial markets and set to take necessary steps in case of volatility. The move came four days after the leaders of North K...
South Korea’s financial regulators tentatively approved three new real estate trust operators on Mar. 3, enabling new players to join the business segment for the first time in 10 years. The Financi...
New Trade Minister Yoo Myung-hee has been serving as the Industry Ministry’s deputy minister for free-trade agreement negotiation, and is known as Korea’s first female trade expert. The government e...
The government has retracted its plan to consider employers’ ability to pay salaries in setting the minimum wage, officials said on Feb. 27. The Ministry of Employment and Labor announced a final re...
The government said on Feb. 27 that it will lower the dividend payouts of 21 state-run companies to help spur their investments. The dividend payout ratio, referring to a percentage of earnings paid...
Korea said on Feb. 26 it will begin its annual meeting with an International Monetary Fund team this week on the state of the economy and its overall economic policies. The IMF team led by Tarhan Fe...
Business sentiment in Korea improved sharply for March on a base effect and seasonal factors, but a majority of companies still remain skeptical about their prospects, a poll showed on Feb. 26. The ...
Korea’s industry minister said on Feb. 26 the government is making all-out efforts to support exports, including various measures to maintain the competitiveness of the local chip industry. “Due to ...
The government’s goal in switching to renewable energy should be adjusted to raise the minimum but lower the maximum level that can be achieved by the target year of 2040, a researcher argued on Feb....
Korea’s consumer sentiment rose for the third straight month to hit a five-month high in February on a recent rebound in the local stock market and improving US-North Korea relations, a central bank ...
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
