government efficiency

Align Partners Capital Management Inc., a South Korean activist fund, has called on Doosan Bobcat Inc., a global construction machinery maker owned ...

South Korea's Doosan Bobcat said on Friday that its construction equipment RogueX2 won the prize in the Design Concept category at the Red Dot Desig...

South Korea will offer incentives including a 50% income tax cut to attract foreign scientists to develop new growth drivers such as artificial inte...

Elliott Investment Management Corp. has lost a case against Samsung C&T Corp. in seeking 26.7 billion won ($20.2 million) compensation in connec...

Celltrion Inc., South Korea’s largest biosimilar maker, announced on Friday that its breast and stomach cancer treatment "Herzuma" (active ing...

Samsung Electronics Co. said on Wednesday that it launched a new side-by-side refrigerator, featuring enhanced artificial intelligence (AI) technolo...

South Korea will require airlines to replace a portion of their jet fuel with environmentally friendly alternatives such as cooking oil, palm oil an...

South Korean beauty store chain CJ Olive Young said on Thursday that it has established the Olive Young Anseong Logistics Center in Anseong-si, Gyeo...

The US government said on Tuesday it plans to provide SK Hynix Inc., the world’s leading high-bandwidth memory (HBM) chipmaker, up to $450 mil...

Samsung Electronics Co., the world’s top memory chipmaker, has begun mass production of the industry’s thinnest low-power double data ra...

South Korea’s household debt is expanding at the fastest pace in over three years, clouding growth in Asia’s fourth-largest economy and ...

TMON Inc. and WeMakePrice Co. – the e-commerce platforms owned by Singapore-based Qoo10 Pte. – have filed for court receivership amid co...

Lunit Inc., a South Korean cancer diagnostics AI company, announced on Monday that it will provide its AI breast cancer screening solution Lunit Ins...

SEOUL—A North Korean diplomat posted in Cuba defected to South Korea with his family late last year, officials said this week, a rare esc...

South Korea is seeking to revoke an international tribunal’s ruling in April that its government must pay US-based Mason Capital Management LL...

LG Electronics Inc. was named the top supplier by Germany's Volkswagen Group. According to industry sources on Thursday, LG Electronics received the...

South Korea’s headline inflation stayed in the 2% range for the third straight month in June after its slowest rate of increase in 11 months, ...

Shopee Pte. Ltd., an e-commerce operator, plans to quadruple sales of South Korean products in Vietnam and Thailand by 2025 aiming to expand its glo...

South Korea's HD Hyundai Infracore Co. announced on Thursday that it has recently secured an order for 39 large excavators under its Develon brand f...

South Korea’s food prices were found to be the highest among the Organization for Economic Cooperation and Development (OECD) countries last y...

South Korea is seeking to introduce corporate pension plans to all workplaces in stages starting next year, alongside mandatory contributions to the...

South Korea plans to build as many as three new nuclear power plants by 2038 and put into operation at least one small modular reactor (SMR) by 2035...

ASAN, South Chungcheong Province – At Hyundai Motor Co.'s manufacturing plant in Asan, over 60 km south of Seoul, thousands of robots were bus...

South Korea's low-cost carrier Eastar Jet announced on Friday that it will be the first domestic budget airline to introduce the Fuel Analytics prog...

South Korea, home to the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc., has unveiled a record 26 trillion wo...

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

The Korea Chamber of Commerce and Industry (KCCI) partnered with the Korean American Chamber of Commerce of Los Angeles (KACCLA)  to address th...

South Koreans parked a record 350 trillion won ($259 billion) in cash-equivalents such as money market funds (MMFs) as they failed to find investmen...

LY Corp., the operator of Japan’s popular messenger app Line, is expected not to propose Naver Corp.’s stake sale in its largest stakeho...

The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Naver Corp., which is re...