Business & Politics
Business & Politics
KOGAS, Vietnamese firms to jointly undertake major infra projects
Jun 26, 2023 (Gmt+09:00)
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Business & Politics
S.Korea expands cooperation with Vietnam in intellectual property rights
The Korean Intellectual Property Office (KIPO) on Thursday said it signed a memorandum of understanding with the Intellectual Property Office of Viet...
Jun 23, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
SK supports memorial monument honoring Korean War figures
South Korea's SK Group announced on Thursday its support for the construction of a memorial monument honoring the late Colonel William E. Weber and G...
Jun 22, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
S.Korea attracts investment of $940 mn from 6 European companies
South Korea has attracted investment worth $940 million from six high-tech European companies to build factories and R&D centers.The six companie...
Jun 22, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korea-Iraq Joint Committee resumes operations after six years
A joint committee between South Korea and Iraq will be held again after a six-year hiatus.The government plans to help Korean companies win large pro...
Jun 20, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
KOTRA holds IR meeting in Tokyo for Japanese companies
Invest Korea, KOTRA's organization dedicated to attracting foreign investment, held an IR for Japanese companies interested in entering South Korea a...
Jun 15, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
Yoon, Korea’s No. 1 salesman, at BIE to drum up support for 2030 Expo
South Korean President Yoon Suk Yeol will attend the Bureau International des Expositions (BIE) in Paris next week to drum up support for the Asian c...
Jun 13, 2023 (Gmt+09:00)
4 Min read -
Business & Politics
Crutches can't slow SK Chair Chey’s zeal for 2030 Expo in Busan
The largest business chambers of South Korea and Japan have agreed to cooperate on Korea’s bid to host World Expo 2030 in Busan and to deepen t...
Jun 09, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
US emerges key to Korea’s nuclear power plants exports to Saudi Arabia
Saudi Arabia, which is seeking to build two 1.4 gigawatts (GW) nuclear power plants, is demanding that the US allow uranium enrichment, according to ...
Jun 09, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
Seoul, Washington seek to release $7 bn Iranian funds frozen in S.Korea
South Korea and the US are discussing ways to release $7 billion worth of Iranian funds held in the Asian country as Seoul and Washington seek to imp...
May 30, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
South Korea officially asks US to ease chip rules on China expansion
WASHINGTON, D.C. – South Korea has officially requested the US government to review details of the guardrail provisions in the CHIPS and Scienc...
May 24, 2023 (Gmt+09:00)
4 Min read -
Business & Politics
UAE to find $2 bn investment opportunities in S.Korea
The United Arab Emirates (UAE) is reviewing $2 billion worth of investment project in South Korea, such energy and information communications technol...
May 22, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
UAE state funds gear up for $30 bn S.Korean investment
Senior officials of the Abu Dhabi Investment Authority (ADIA) and other major sovereign funds of the United Arab Emirates (UAE) met with executives o...
May 19, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
S.Korea business lobby group regrets past political role
The Federation of Korean Industries (FKI) on Thursday said it deeply regretted the political role it took in the previous governments and vowed to be...
May 18, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
S.Korea to send $130 mn in aid for Ukraine’s reconstruction
South Korea will aid the reconstruction of Ukraine, which is at war with Russia, through loans worth $130 million from the Economic Development Coope...
May 18, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse
South Korea has begun construction of the main parts of the Shin Hanul nuclear reactors No. 3 and No. 4, reviving its goal of becoming a global nucle...
May 15, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
LS Electric to unveil eco-friendly smart energy techs in Vietnam
South Korea's LS Electric Co. announced on Monday its participation in the highly anticipated "Electric Energy Show 2023" to be held in Hanoi, Vietna...
May 15, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
Samsung’s Jay Y. Lee, Tesla’s Elon Musk discuss tech alliance
Samsung Group leader Lee Jay-yong has met with Tesla Inc. Chief Executive Elon Musk to discuss a tech alliance between the two companies in a variety...
May 14, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
FKI, Keidanren launch fund for Korea-Japan partnerships
TOKYO – Major business lobby groups of South Korea and Japan have created a partnership fund of 200 million yen ($1.5 million) to accelerate in...
May 10, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
US eyes new rules for Samsung, SK to bring chip machines to China
The US government is considering establishing new rules for South Korea’s chipmakers to import advanced equipment to China to upgrade their fac...
May 10, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
KITA hosts K-Product Trade Show & G-Fair in Tokyo
The Korea International Trade Association (KITA) announced on Wednesday the opening of the "2023 K-Product Trade Show & G-Fair in Tokyo" at the T...
May 10, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
Hyundai Motor, Kia to receive 25% tax credit for EV plant spending
ULSAN, South Gyeongsang Province – South Korea’s Hyundai Motor Co. is poised to receive a 25% tax credit for its planned investment in a ...
May 09, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
S.Korea to launch 10 global innovation special zones by 2027
South Korean government plans to create ten global innovation special zones by 2027, implementing a negative regulation system for the first time in ...
May 08, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korean gov't proposes nuclear power plant cooperation to Hungary
South Korean Minister of Trade, Industry and Energy Lee Chang-yang discussed ways to strengthen industrial and trade cooperation with Lászl&oa...
May 08, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
POSCO International aims to join Top 10 global food enterprise
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc. , has unveiled an a...
May 04, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
Seoul City’s new slogan, Seoul My Soul
Seoul's new brand slogan to replace "I·SEOUL·YOU" has been confirmed as "Seoul, my soul." The Seoul Metropolitan Government announced o...
Apr 28, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korea to grant visa-free entry to transit passengers from abroad
Transit passengers from select countries from Sunday can enter South Korea without a visa, and this waiver from May 15 will apply to a wider range of...
Apr 28, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korea, US to jointly invest $60 mn for student exchange programs
South Korea and the United States have agreed to jointly invest $60 million in the exchange of young professionals in the field of science and techno...
Apr 27, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korea to abolish customs declaration forms from May
Starting from May 1, South Korea's travelers who have no items to declare to customs upon entry will not have to fill out a customs declaration forms...
Apr 27, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
Elon Musk reaffirms Korea among top candidates for Asia Gigafactory
WASHINGTON, D.C. – Tesla Inc. Chief Executive Elon Musk said on Wednesday that South Korea is still among its top candidates to build another G...
Apr 27, 2023 (Gmt+09:00)
3 Min read
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