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Korea’s direct purchases from foreign countries rose 31 percent in 2018 from a year earlier on rising consumer demand for cheaper and higher quality products, customs data showed on Feb. 25. Korean ...
Korea’s nuclear commission on Feb. 25 approved the restart of a reactor located in the southern part of the country that was shut down last month. The Wolseong-3 reactor located in Gyeongju, 370 kil...
Korea remained the top country with the highest percentage of low paid female workers, data from the Organization for Economic Cooperation and Development showed on Feb. 25 Statistics from 2017...
Korean exports of information and communications technology products slipped for the third straight month in January mainly due to sluggish overseas sales of semiconductors, government data showed on...
Korea’s Industry Ministry said on Feb. 20 it hosted conferences in Australia and New Zealand to induce businesses from Oceania to make more foreign-direct investment. The ministry said while Austral...
Koreans traveling overseas spent a record amount last year, but spending per person declined, central bank data showed on Feb. 20. The current account for last year showed travel expenditures of US$...
Korea’s Industry Ministry said on Feb. 19 it has decided to resume talks on signing the Comprehensive Economic Partnership Agreement with Indonesia after a hiatus of five years, seeking to broaden ti...
Korea’s coal imports hit a new high last year despite government efforts to phase out the use of fine dust-emitting energy sources, industry data showed on Feb. 19. The country shipped in 131.52 mil...
Korea’s science and technology capabilities ranked seventh among other major economies in 2018, a state-run think tank said on Feb. 18. The Korea Institute of S&T Evaluation and Planning (KISTEP) sa...
Korea’s exports of agricultural and other food products rose 5.9 percent in January from a year earlier on increased demand from China and Japan, government data showed on Feb. 18. Outbound shipment...
Korea will spend 2.93 trillion won (US$2.61 billion) this year to develop new biotechnology, as part of efforts to become the leading industrial hub, the government said Monday The 2019 biotech supp...
The chiefs of South Korea’s top 10 conglomerates are expected to collect record-high dividends for 2018 on the back of generous dividend payouts from the listed companies, according to data from corp...
Credit card use at convenience stores reached a new peak last year, nearing 8 trillion won ($7.1 billion), according to the Bank of Korea, on Feb. 17. Between January and November in 2018, over 7.3 ...
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. Recent...
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-Korean exc...
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
