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[THE INVESTOR] Korea’s tax agency said on Sept. 12 that it will beef up its crackdown on offshore tax evasion by local companies and individuals as part of its ongoing effort to enforce the fair lev...
[THE INVESTOR] Korea plans to newly create some 24,000 jobs in the software sector by 2022 as the industry is a key part of the country’s push to capitalize on the fourth industrial revolution, the ...
[THE INVESTOR] China is expected to overtake Korea to become the largest chip equipment market next year as dozens of new fab construction projects are underway in China, according to the latest rep...
[THE INVESTOR] Korea’s overseas direct investment rose sharply in the second quarter from a year earlier due to a rise in offshore investment in the manufacturing and financial sectors, government d...
[THE INVESTOR] Korea’s current account surplus reached a yearly high in July on the back of solid growth in semiconductor exports, central bank data showed on Sept. 6. The country’s current acco...
[THE INVESTOR] Korea’s foreign exchange reserves lost ground for the first time in six months in August on the strengthening US dollar, central bank data showed on Sept. 5. The total value of th...
[THE INVESTOR] Korea’s dependence on large companies for economic growth deepened in 2017, with global tech giant Samsung Electronics alone accounting for nearly 15 percent of its gross domestic pro...
[THE INVESTOR] Korea aims to phase out disposable plastic cups and straws at coffee shops and other public places by 2027 as part of a broader initiative to reduce hard-to-recycle waste, the governm...
[THE INVESTOR] The richest people in Korea earned nearly 1,000 times more than the lowest wage earners last year, a parliamentary report said Sunday, highlighting the country‘s widening income dispa...
[THE INVESTOR] The size of floating funds in the market reached a record high of 1,117.3 trillion won (US$999.80 billion) as of late June, with the total unlikely to come down in the near future, of...
[THE INVESTOR] Earned income support provided by the government to offset low wages will rise a sharp 260 percent from this year to near 5 trillion won (US$4.47 billion) in 2019, official data showe...
[THE INVESTOR] The nation’s antitrust watchdog said on Aug. 26 it preannounced legislation for the complete overhaul of the nation’s fair trade laws in a move to adopt competition in law enforcement...
[THE INVESTOR] Seoul Mayor Park Won-soon said Aug. 26 that a plan to renovate two commercial districts in the metropolitan city will be postponed, citing fears on the real estate market that has see...
[THE INVESTOR] The Korean government on Aug. 26 held the first Korea-Indonesia Automotive Dialogue, in line with the administration’s New South Policy initiative, according to the Ministry of Trade,...
[THE INVESTOR] The number of foreigners who visited Korea spiked 24.4 percent in July from a year earlier on eased inter-Korean tensions and more tourists from China, the tourism promotion agency sa...
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
Chiefs of Korea’s top 10 conglomerates to reap record high dividends for 2018
Koreans use nearly W8tr at convenience stores on credit cards
Hyundai reaches tentative settlement in US class-action suit over ‘exploding’ sunroofs
February 19, 2019
