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The World Trade Organization (WTO) ruled on Feb. 9 that South Korea can move to impose annual retaliatory duties worth US$84.8 million against U.S.-made goods in response to measures taken against la...
Major foreign investment banks (IBs) revised down their forecasts for South Korea‘s economic growth for this year citing sluggish exports and slowing global demand, a report showed on Feb. 10. Th...
Korea’s industry minister on Feb. 7 called for manufacturers to focus on the quality of their growth as the sector is expected to suffer from a global economic slowdown this year. Minister of Tra...
Digital currency authorized by the central bank may have a negative impact on the Korean financial system, causing a liquidity shortage and pushing up interest rates, a report said on Feb. 7. Rec...
South Korea plans to spend over 13 trillion won (US$11.60 billion) over the next decade to expand infrastructure areas that border North Korea, including the Demilitarized Zone, for closer inter-Kore...
[THE INVESTOR] Korea’s antitrust regulator said on Feb. 7 that the number of firms affiliated with local conglomerates on its watch list fell by 23 to 2,570 in the last three months. The Fair Tr...
[THE INVESTOR] Korea’s exports moved down 5.8 percent in January from a year earlier, government data showed on Feb. 1. Outbound shipments came to US$46.3 billion for January, down from US$49.2 ...
[THE INVESTOR] The number of counterfeit Korean banknotes detected here last year reached a 20-year low, the central bank said on Jan. 30. The Bank of Korea said a total of 605 fake bills were f...
[THE INVESTOR] Korea’s Industry Ministry said on Jan. 29 it plans to provide more incentives to overseas companies operating in the country and induce them to carry out more foreign direct investmen...
[THE INVESTOR] Korea’s imports of liquefied natural gas reached an all-time high in 2018 amid a spike in purchases from the United States, industry data showed on Jan. 28. The country’s LNG impo...
[THE INVESTOR] Korea's yearly private consumption grew at the fastest rate in seven years in 2018, data from the Bank of Korea showed on Jan. 27. The private consumption grew 2.8 percent through 20...
[THE INVESTOR] Korean duty-free stores saw their sales from Japanese consumers rise sharply on-year in January despite the on-going military tension between the two countries, apparently on the back...
[THE INVESTOR] The following is the full text of the Bank of Korea’s statement on its monetary policy decision for January. The central bank’s monetary policy board decided on Jan. 24 to freeze ...
[THE INVESTOR] Sales of Lotto tickets in Korea reached an all-time high in 2018 though their growth slowed amid the absence of new sales outlets, the country’s lottery operator said on Jan. 22. ...
[THE INVESTOR] The Ministry of SMEs and Startups announced on Jan. 21 that more payment gateway and value-added network firms, including Kakao Pay and KT, are likely to participate in the government...
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
