Economy
Economy
Semiconductors power Korea’s tech exports to 15-month high
Jan 16, 2024 (Gmt+09:00)
-
Economy
S.Korea’s November travel account deficit doubles vs October
South Korea’s travel account deficit doubled to $1.28 billion in November 2023 compared to the previous month, narrowing the current account su...
Jan 09, 2024 (Gmt+09:00)
1 Min read -
Economy
S.Korea to allow hiring of foreign workers in hotels, resorts
The South Korean government said on Friday that it would grant the hiring of foreign workers in hotels and resorts from next year.The hotel and resor...
Dec 29, 2023 (Gmt+09:00)
1 Min read -
Economy
Korea’s consumer inflation reaches 3.6% in 2023 on high utilities
South Korea’s consumer prices rose 3.6% this year, driven by the biggest jump in utility bills since 2010 and high inflation in agricultural pr...
Dec 29, 2023 (Gmt+09:00)
2 Min read -
Central bank
South Koreans expect inflation to slow, relief to BOK’s hawkish stance
South Koreans expect inflation to slow over the next 12 months, providing relief to the central bank’s hawkish stance that policy rates should ...
Dec 27, 2023 (Gmt+09:00)
3 Min read -
Korean chipmakers
Samsung to build $281 million chip packaging R&D center in Yokohama
South Korea’s Samsung Electronics Co., the world’s largest memory chipmaker, will build a 40 billion yen ($281 million) advanced chip pac...
Dec 22, 2023 (Gmt+09:00)
3 Min read -
Economy
Vietnamese lead record-high foreign job growth in S.Korea
The number of foreign employees in South Korea reached an all-time high this year, with the Vietnamese leading the pack, amid rising minimum wages an...
Dec 18, 2023 (Gmt+09:00)
2 Min read -
Economy
Korean overseas direct investment at 2 1/2-year low in Q3
South Korea’s direct investment in other countries fell for a fourth straight quarter to its smallest level in two and a half years, despite a ...
Dec 15, 2023 (Gmt+09:00)
1 Min read -
Economy
S.Korea’s labor gains slow in November with fewer jobs for young people
South Korea’s nonfarm payroll growth slowed in November after the country with the world’s lowest fertility rate marked its 13th straight...
Dec 13, 2023 (Gmt+09:00)
2 Min read -
Economy
S.Korean newly married couples’ birth rate at record low
South Korea’s fertility rate among newly married couples, who account for most of the country’s newborns, hit a trough last year, adding ...
Dec 11, 2023 (Gmt+09:00)
2 Min read -
Economy
Korean current account surplus at 19-month high on exports recovery
South Korea’s current account surplus hit a 19-month high in October as goods exports reported their first on-year growth in 14 months amid sig...
Dec 08, 2023 (Gmt+09:00)
1 Min read -
Economy
Semiconductor export recovery powers S.Koreans’ income in Q3
A recovery in semiconductor exports led an increase in South Koreans’ income in the third quarter, although the earnings growth momentum may no...
Dec 06, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
SK’s Chey proposes South Korea-Japan economic bloc akin to EU
WASHINGTON, D.C. – South Korea and its closest neighbor Japan need to form an economic coalition, similar to the European Union (EU), to meet t...
Dec 06, 2023 (Gmt+09:00)
2 Min read -
Economy
S.Korea’s chip exports rebound, ending 15-month losing streak
South Korean exports of semiconductors, the country’s top export item, rebounded in November, ending 15 months of declines and reinforcing expe...
Dec 01, 2023 (Gmt+09:00)
3 Min read -
Economy
S.Korea’s factory output, consumption dwindle in October
South Korea’s factory activity waned last month, snapping a recovery streak in the previous two months, largely due to a drop in chip productio...
Nov 30, 2023 (Gmt+09:00)
3 Min read -
Real estate
Seoul office leasing turns lender’s market as vacancy rates at 2023 low
Office vacancy rates in South Korea’s capital city of Seoul fell to their lowest level this year last month as people returned to work followi...
Nov 28, 2023 (Gmt+09:00)
1 Min read -
Economy
Korea to raise unskilled foreign worker visa quota to record high
South Korea is set to increase its visa quota for non-professional foreign workers to a record high and expand the sectors in which they can work to ...
Nov 27, 2023 (Gmt+09:00)
3 Min read -
Economy
Semiconductors likely to lead Korea’s export growth for 2nd month
South Korea’s semiconductor exports accelerated their recovery in the first 20 days of November, data showed on Tuesday, adding to hopes that A...
Nov 21, 2023 (Gmt+09:00)
1 Min read -
Economy
S.Korea turns more upbeat about economic recovery
South Korea is more hopeful about a gradual recovery in the economy, driven largely by revived global demand for its mainstay export semiconductors, ...
Nov 17, 2023 (Gmt+09:00)
2 Min read -
Central bank
BOK governor named chair of BIS financial system committee
Bank of Korea Governor Rhee Chang-yong has been appointed as the chairman of the Committee on the Global Financial System (CGFS) at the Bank for Inte...
Nov 15, 2023 (Gmt+09:00)
2 Min read -
Economy
S.Korea’s semiconductor exports rebound in 1st 10 days of November
South Korea’s semiconductor exports rose in the first 10 days of November, reversing their 13-month downward trend, data show, raising the pros...
Nov 13, 2023 (Gmt+09:00)
1 Min read -
Economy
KDI cuts Korea growth forecasts, ups inflation predictions
A South Korean government think tank has cut its growth forecast in Asia’s fourth-largest economy for this year and next but raised inflation p...
Nov 09, 2023 (Gmt+09:00)
2 Min read -
Economy
Korea exports snap year-long slide as chips regain momentum
South Korean exports rose in October for the first time in 13 months as semiconductors, the country’s top export item, are on course to regain ...
Nov 01, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
S.Korea to add India, Lithuania to list of nations eligible for E-9 visa
South Korea plans to allow non-professional workers from India and Lithuania to apply for the E-9 visa as the country struggles with a shrinking work...
Oct 31, 2023 (Gmt+09:00)
3 Min read -
Economy
S.Korea’s Q3 GDP up 0.6% on-quarter on recovery in exports
South Korea’s economy in the third quarter grew 0.6% from the previous quarter, extending a growth streak to three consecutive quarters on a re...
Oct 26, 2023 (Gmt+09:00)
3 Min read -
Economy
Korea’s exports set to snap 12-month losing streak in October
South Korea may snap its 12-month-long losing streak in exports this month after it reported an on-year gain in exports in the first 20 days of Octob...
Oct 23, 2023 (Gmt+09:00)
2 Min read -
Economy
Korea Inc.’s record short-term borrowing raises specter of debt overhang
South Korea’s short-term corporate loan growth is picking up at a fast pace, stirring concern among some analysts who see parallels to the 2008...
Oct 18, 2023 (Gmt+09:00)
3 Min read -
Corporate strategy
Lotte leads corporate push to raise Korea’s dismal birthrate
South Korea’s dreadfully low birthrate — the world’s lowest — is not just a concern for politicians or government officials. ...
Oct 16, 2023 (Gmt+09:00)
4 Min read -
Economy
Korea’s household, business loans on upswing in September
South Korea’s household debt continued to rise for the sixth consecutive month in September despite stricter regulations on mortgages, while bu...
Oct 12, 2023 (Gmt+09:00)
2 Min read -
Economy
Korea expects inflation to ease from Oct after 5-month high
South Korea predicted headline inflation to ease from October after hitting a five-month high last month, adding to expectations that the central ban...
Oct 05, 2023 (Gmt+09:00)
2 Min read
Hidden Champions
-
3G Technologies
Published: Sep 25, 2020
Last updated: Jul 06, 2021
-
T-Robotics
Published: Mar 25, 2021
Last updated: Jan 30, 2023
-
Koh Young Technology Inc
Published: Sep 21, 2020
Last updated: Jan 20, 2023
-
Point Mobile
Published: Sep 14, 2021
Last updated: May 10, 2022
-
Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jan 30, 2023
Future Unicorns
-
BJ BIOCHEM
Published: Oct 21, 2022
Last updated: Nov 04, 2022
-
Wisely
Published: Sep 20, 2020
Last updated: May 25, 2023
-
SuperBin
Published: Nov 30, 2021
Last updated: May 06, 2022
-
Sandbox Network
Published: Mar 22, 2021
Last updated: Jul 23, 2021
-
L-Base
Published: Oct 21, 2022
Last updated: Nov 16, 2022
Latest News