government debt

Hyundai Motor Group announced on Friday that the polymer materials analysis lab and the metal component analysis lab in the Basic Materials Research...

Affinity Equity Partners has refinanced 170 billion won ($130 million) in debt borrowed to acquire Burger King’s operations in South Korea and...

South Korea's Yanolja Co. a leisure booking platform company, announced on Thursday that it has become the first Korean company to join the Global U...

South Korea plans to accelerate growth in the defense industry, a future growth engine of Asia’s fourth-largest economy, by investing more tha...

KT Corp., a South Korean telecom service operator, has successfully developed equipment that embodies the core technology of 5G-specialized networks...

The South Korean finance ministry on Friday confirmed that the country’s economy has slowed, mired in stubbornly high inflation and sluggish e...

South Korea is set to attract global talent with high salaries for a planned government space agency as the country aims to boost long-term growth i...

The Seoul Metropolitan Government is pursuing a "fusion Hanok" project of building 10 Hanok (traditional Korean architecture) villages in the capita...

South Korea's listed companies have cancelled 11 trillion won ($8.6 billion) worth of shares over the past three years.The Korea Exchange said on Su...

South Korea as early as June will double its annual limit on overseas remittance without evidential documents from $50,000 to $100,000.The Ministry ...

  South Korea’s leading telecommunications company KT Corp. will pick a new chief executive after it came under fire over its CEO select...

The local government of South Korea’s capital city Seoul this year will launch its own vision fund, dubbed the Seoul Vision 2030 Fund, to inve...

South Korea’s Kyobo Life Insurance Co. is set to establish a holding company by the second half of 2024. The major insurer seeks to raise its ...

South Korean pharmaceutical company Boryung announced that its production facility for anti-cancer injections in Yesan, South Chungcheong Province, ...

South Korean startups won four out of the 23 Best of Innovation awards at CES 2023, the world’s largest tech show last month. Among the winner...

South Korea's state-run research institute National Information Society Agency (NIA) said on Friday that it had signed an agreement with Kazakhstan'...

South Korea's credit card issuer BC Card said on Monday that it has signed a strategic partnership deal with the Bank of Mongolia.With this collabor...

POSCO Chemical Co., a unit of South Korean steelmaker POSCO Holdings Co., on Thursday won government approval to transfer technology to its overseas...

Samsung C&T Corp., the construction and trading arm of South Korea’s top conglomerate Samsung Group, is set to build modular homes in Saud...

One in four buyers of lottery tickets in South Korea over the past year tried their luck every week.The Ministry of Strategy and Finance on Tuesday ...

South Korea's cloud management company Bespin Global will foster cloud and digital innovation industries in Central Vietnam. To this end, the compan...

Capital-impaired companies can now receive government R&D support as long as they prove their research capabilities.The Ministry of SMEs and Sta...

Osstem Implant Co. said on Wednesday that it has won more than 490,000 sets of implants in a bid for dental implants put up by the Chinese governmen...

The Ministry of SMEs and Startups on Monday said it would release the next day its plan for the so-called 2023 Super-gap Startup 1,000+ Project in w...

Lotte Engineering & Construction (E&C) has secured financing of 1.5 trillion won ($1.2 billion).The company on Monday announced its conclusi...

South Korean private equity firm VIG Partners has acquired a 100% stake in low-cost carrier (LCC) Eastar Jet Co., the asset manager said on Jan. 6. ...

South Korean President Yoon Suk-yeol emphasized on Thursday the importance of K-content, saying content will become the most important industry to s...

The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...

Biopharmaceutical company NeoImmuneTech has grabbed an opportunity to supply new drug candidates in development as strategic items to the US gover...

South Korean companies are rushing to raise cash from the beginning of the new year amid growing concerns over a global economic downturn and market...