authorities
Scope
Date
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Bio & Pharma
SK Bioscience's SKYCellflu approved by Chilean health authority
SK Bioscience Co., a bio and pharmaceutical affiliate of South Korea's SK Group, announced on Thursday that its world-first cell culture-based quadr...
Feb 02, 2023 (Gmt+09:00)
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Business & Politics
Korea Customs Service to advance Tanzania's e-customs clearance system
The Korea Customs Service said on Wednesday that it has signed a memorandum of understanding (MOU) with the Tanzania Revenue Authority for cooperati...
Feb 02, 2023 (Gmt+09:00)
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COVID-19
S.Korea begins PCR testing of all passengers coming from China
South Korea on Monday implemented tougher quarantine measures on arrivals from China like a PCR test for COVID-19.Thus quarantine authorities requir...
Jan 02, 2023 (Gmt+09:00)
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Economy
Korea Fair Trade Commission opens unit to review global M&As
The Korea Fair Trade Commission (KFTC) on Tuesday said it will open a division specifically for reviewing global M&As given the recent growth of...
Dec 28, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT signs agreement with O2 Company on smart fish farming
KT Corp., a South Korean telecom giant, plans to advance into the sea farming business.KT said on Sunday it had signed a business agreement with O2 ...
Dec 26, 2022 (Gmt+09:00)
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Fintech
South Korea to boost fintech fund to 1 trillion won
South Korea's financial authorities have decided to increase the size of the Fintech Innovation Fund from 500 billion won($379 million) to 1 trillion ...
Dec 08, 2022 (Gmt+09:00)
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Airlines
UK grants de facto approval of Korean Air's Asiana takeover
The UK's top watchdog for market competition on Monday accepted corrective measures submitted by Korean Air Lines Co. on its proposed takeover of As...
Nov 29, 2022 (Gmt+09:00)
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Mergers & Acquisitions
KDB reaches out to Hyundai, POSCO, CJ, LX on HMM stake sale
State-run Korea Development Bank (KDB) has contacted major conglomerates including Hyundai Motor Group about the sale of its stake in HMM Co., the c...
Nov 22, 2022 (Gmt+09:00)
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Economy
S.Korea to launch control tower for immigration policy
South Korea is set to establish a government body as early as the first half of 2023 to comprehensively control its immigration policy as Asia&rsquo...
Nov 08, 2022 (Gmt+09:00)
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Markets
Kospi hits two-year low; regulators mull short-selling ban
South Korea's stock market tumbled to its lowest level in more than two years on Wednesday, as fears of a slowing global economy and rising inflatio...
Sep 28, 2022 (Gmt+09:00)
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Foreign exchange
Korea FX authorities, NPS agree on currency swap; won flat
South Korea’s foreign exchange authorities and the state-run National Pension Service (NPS) agreed to open a currency swap line for the first ...
Sep 23, 2022 (Gmt+09:00)
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Economy
Korea vows favorable taxation for US, foreign firms
South Korea's National Tax Service (NTS) and the American Chamber of Commerce in Korea (AMCHAM) held a meeting on Sept. 16 to discuss favorable ta...
Sep 16, 2022 (Gmt+09:00)
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COVID-19
Ildong mulls seeking COVID-19 pill approval from Korea first
Ildong Pharmaceutical Co., a South Korean drugmaker, considers seeking approval for a COVID-19 anti-viral pill from the country as Japan postponed g...
Jul 22, 2022 (Gmt+09:00)
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Beauty & Cosmetics
Korean beauty brands rush for vegan certification
As more consumers seek out eco-friendly products, a growing number of South Korean cosmetics brands are in a hurry to be certified as vegan.With lab...
Jun 28, 2022 (Gmt+09:00)
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Foreign exchange
Korea won at 13-year low on recession fears amid tightening
South Korea’s won hit a 13-year low, weakening past the psychologically important 1,300 per US dollar level for the first time since the 2008-...
Jun 23, 2022 (Gmt+09:00)
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COVID-19
Korea approves export of Samsung Biologics-made Moderna vaccine
South Korea approved exports of Moderna Inc.’s COVID-19 vaccine produced by Samsung Biologics Co. in a move that will help the country’s...
Dec 14, 2021 (Gmt+09:00)
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Covid-19 treatment
Brazil gives emergency use nod for Celltrion’s COVID-19 treatment
South Korean drugmaker Celltrion Inc. has added Brazil to the list of countries that have granted emergency use approval for its COVID-19 treatment ...
Aug 13, 2021 (Gmt+09:00)
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Pension funds
NPS to speed up under $100 mn alternative investments
The National Pension Service (NPS) has revised internal regulations to authorize its working-level officials to proceed with deals worth less than $...
Jul 14, 2021 (Gmt+09:00)
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Logistics
Hyundai Glovis, Ulsan Port Authority to build logistics center in Ho Chi Minh City
South Korea’s Hyundai Glovis Co. and a local port authority will build a logistic center in Vietnam’s Ho Chi Minh City to use it as a di...
Jan 14, 2021 (Gmt+09:00)
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Central bank
DO NOT PUBLISH, BUT EDIT- BOK defies big step rate hike view on recession fears
South Korea’s central bank on Wednesday defied expectations of a big step rate hike by raising the interest rate by 25 basis points (bps) desp...
1 MINUTES AGO
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