Business & Politics
Business & Politics
Seoul zeroes in on high tech for US business alliance
Apr 26, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to offer subsidies to foreigners investing in advanced technologies
Foreign companies investing in the fields of semiconductor, display and secondary batteries, which are part of South Korea's national strategic techn...
Apr 26, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
S.Korean gov’t to export domestic tax service system abroad
South Korea's National Tax Service (NTS) is looking to export its world-renowned electronic tax administration system after successfully implementing...
Apr 25, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
POSCO beats Lotte to join S.Korea’s top 5 conglomerates
Steel giant POSCO has joined the ranks of South Korea’s top five conglomerates for the first time, supported by strong earnings from its rechar...
Apr 25, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
S.Korea wary of tougher US anti-China moves for chipmakers
South Korean President Yoon Suk Yeol on Monday kicked off a six-day state visit to the US with a tough assignment: finding diplomatic solutions for K...
Apr 24, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
S.Korea's medical tourists rebound to 50% of pre-pandemic levels
South Korea's medical tourism industry, which experienced a severe setback due to the COVID-19 pandemic, has shown considerable recovery, with the nu...
Apr 24, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
Samsung, LG show Korean War hero tribute videos on Times Square
A tribute video to honor Korean and U.S. veterans of the Korean War started screening on billboards in New York’s Times Square on Thursday. The...
Apr 21, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
Samsung’s Lee likely to meet Apple, Google, MS CEOs during US trip
Samsung Group leader Lee Jae-yong will meet with chief executives of leading US companies, including Apple Inc.’s Tim Cook and Google LLC&rsqu...
Apr 20, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
KCCI, Seoul Japan Club forms economic study group
South Korean and Japanese businesspeople form a study group to strengthen economic cooperation between the two countries.The Korea Chamber of Commerc...
Apr 20, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
S.Korea’s five major companies form data network alliance
South Korea's five major companies have joined forces to make a combined data product that consolidates their respective information, ranging from co...
Apr 19, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
South Korea to Probe Circumstances Around Reported Leak of Classified U.S. Documents
SEOUL—A South Korean official said the government was investigating the circumstances around a leak of highly classified U.S. documents that ap...
Apr 19, 2023 (Gmt+09:00)
4 Min read -
Business & Politics
Korail wins $13 million consulting project for Philippines' railway
South Korea's state-run railway company Korea Railroad Corporation (Korail), announced on Monday that it has secured a consulting contract to manage ...
Apr 17, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korea, Kazakhstan to expand cooperation on mineral resource
South Korea's Minister of Trade, Industry and Energy Lee Chang-yang and Kazakhstan's first deputy prime minister Roman Sklyar, held a meeting in Seou...
Apr 14, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korean state-run railroad companies meet Czech Minister of Transport
South Korea's state-run railway companies Korea Railroad (KORAIL) and Korea National Railway (KR) announced on Thursday that they had met with repres...
Apr 13, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
Yoon's English School, Thai Edupark to cooperate in local education market
South Korean English education company, Yoon's English School, has signed a business agreement with Thai education firm, EduPark, to expand its prese...
Apr 13, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korea's online voting service company exports its techs to Kyrgyzstan
South Korea's online voting service company Kevoting announced on Wednesday that its mobile voting platform service was adopted for the local council...
Apr 12, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korea to strengthen cooperation with Portugal in renewable energy
South Korea’s the Trade, Industry and Energy Minister Lee Chang-yang participated on Wednesday in The Korean-Portuguese Business Forum at the F...
Apr 12, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
KCCI, JCCI hold a working level meeting in six years
Business representatives from South Korea and Japan gathered for the first time in six years, with the Korea Chamber of Commerce and Industry (KCCI)...
Apr 11, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
Robot dog Spot joins in S.Korea’s World Expo bid efforts
Spot, a dog-like robot developed by South Korea’s top automaker Hyundai Motor-owned Boston Dynamics Inc., has joined in the country’s bid...
Apr 03, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
S.Korea's K2 tanks undergo first live fire test in Poland
South Korea's main battle tank K2 Balck Panther and K-9 self-propelled howitzers will undergo live-fire test at the Oziši training ground in n...
Mar 31, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
CJ undertakes educational programs for ethnic minorities in Vietnam
South Korea's CJ Group announced on Wednesday that it will undertake a "Second Girls Education Project" for the Vietnamese ethnic minority.The projec...
Mar 30, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
South Korean beef poised for export to Malaysia by end-April
South Korea's Ministry of Agriculture, Food and Rural Affairs announced on Tuesday the successful conclusion of negotiations with Malaysia, allowing ...
Mar 28, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
KT faces protracted leadership vacuum amid political meddling
Yoon Kyoung-lim, the sole nominee to be KT Corp.’s next chief executive, has offered to resign, sending the selection committee of the top Sou...
Mar 23, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
Samsung, SK Hynix look to China exit plans as growth stunted
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are in quandary over their growth strategies in China fol...
Mar 22, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
Korean Chips Act set to pass parliament in March; coverage expanded
South Korea’s answer to the US CHIPS and Science Act is on course for National Assembly approval by the end of this month as the ruling and opp...
Mar 17, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
South Korea eyes $261 billion chip cluster; Samsung takes lead
South Korea said on Wednesday it will create the world’s largest semiconductor cluster near Seoul by attracting 340 trillion won ($261 billion)...
Mar 15, 2023 (Gmt+09:00)
4 Min read -
Business & Politics
Yoon’s US visit to test Biden’s trust as ally over chip, battery issues
South Korean President Yoon Suk Yeol’s summit meeting with his US counterpart Joe Biden next month will celebrate 70 years of the Korea-US secu...
Mar 08, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
Hanwha hires former Biden confidant as US government affairs chief
WASHINGTON D.C. – South Korea’s chemicals-to-defense conglomerate Hanwha Group has hired Danny O’Brien, a top aide to US President ...
Mar 08, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
Korean lawmakers mull higher chip tax credits, battery subsidies
South Korea’s main opposition party will propose higher tax credits and subsidies for domestic chipmakers and battery manufacturers as early as...
Mar 07, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
Korea clears environmental hurdle for new Jeju airport
South Korea’s environment ministry conditionally approved the construction of a new airport on Jeju Island with a 6.7 trillion won ($5.2 billio...
Mar 07, 2023 (Gmt+09:00)
4 Min read
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