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South Korea officially announced the start of free trade agreement negotiations with the Philippines on June 3 as part of efforts to strengthen economic ties with the Southeast Asian country. Dur...
South Korea’s exports suffered the most in the first quarter among the world‘s 20 biggest economies over an escalation of the trade feud between the United States and China, a report showed on June 3...
South Korea will host the annual roundtable of IP5 -- the world’s top five intellectual property offices -- in Incheon’s Songdo on June 11-13, the Korean Intellectual Property Office said on June 2. ...
With the trade dispute between the US and China casting a shadow over the global economic outlook, South Korea’s exports fell for the sixth straight month in May. According to data released by the M...
South Korean companies’ outlook for their business conditions worsened for the upcoming month, central bank data showed on May 29, amid worries that Asia’s fourth-largest economy may face increasing ...
South Korea is considering extending a temporary tax cut on purchases of passenger cars, a finance ministry official said on May 27, in the latest move to boost domestic consumption. The governme...
The International Monetary Fund has said South Korea’s fiscal policy should remain expansionary in the medium term to support growth, job creation and external rebalancing. “Korea has ample fiscal s...
South Korea will spend 240 billion won ($204 million) in the next 10 years to develop key semiconductor technologies that can alter the paradigm of the chip industry as a whole, the Science Ministry ...
South Korea’s central bank said May 9 it will maintain its accommodative monetary policy, while closely watching movements of the economy and consumer prices. “The inflationary pressures on the d...
South Korea’s monthly current account surplus narrowed in March from a year earlier amid slowing exports, central bank data showed May 8. The country’s current account surplus came to $4.8 billio...
Productivity in South Korea’s industrial sectors improved 3.6 percent last year from a year earlier largely due to the adoption of a shortened workweek, a state agency said on May 7. The producti...
The value of houses owned by chaebol heads shot up 34 percent in 2019 from a year earlier, data showed on May 5. According to the data compiled by Chaebul.com, the combined declared value of houses ...
South Korea’s exports dropped 2 percent in April from the previous year, marking the fifth consecutive month of downtrend amid a prolonged slump in the chip-making business and sluggish demand from C...
South Korea’s exports dropped 2 percent in April from a year earlier, extending their on-year fall for the fifth consecutive month due to a drawn-out slump in chips, government data showed on May 1. ...
President Moon Jae-in on April 30 emphasized the great growth potential of the non-memory chip sector, reaffirming the government’s plan to offer every possible support for South Korea’s businesses i...
Doosan Heavy to delist Doosan E&C by March 2020
WeWork Labs announces achievements in South Korea in 2019
Deadline extended for Asiana Airlines stake transfer
Techstars Korea to accept applications for 1st batch through March 2020
Celltrion presents Truxima’s results of phase 3 clinical trials in US forum
LG Chem, GM deal ups ante in EV battery competition
Power market open to private firms, price hike needed for green energy expansion
Foreign investors’ bond holdings hit 6-month low
December 13, 2019
