government efficiency

South Korea will deploy at least 10% of a state-backed fund of funds (FoF) to venture capital investment dedicated to small startups every year, the...

South Korean financial markets lost ground on Wednesday with the 10-year government bond yield at a one-year high as US Federal Reserve policymakers...

South Korea’s exports slowed their decline in September to their mildest drop amid a yearlong downturn, raising hopes for a recovery in Asia&r...

The South Korean financial markets were roiled by a fresh taper tantrum after the US Federal Reserve chair signaled further tightening last week, tr...

South Korea’s No. 1 agricultural machinery maker Daedong Corp., better known by the brand name Kioti in the US, is targeting the growing hobby...

LS ITC, an IT service unit of LS Group, announced on Friday the signing of a pivotal business agreement with Korea Electric Power Corp. (KEPCO).This...

South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...

Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, plans to build a copper foil plant in the US to meet grow...

South Korea’s SK Forest Co. and NH Investment & Securities on Friday held a launching ceremony for their joint supply of high-efficiency c...

Samsung Electronics Co. announced on Thursday that it is set to release a 4-terabyte (TB) SSD in its high-performance 990 Pro series. The SSD is des...

Yasir Othman Al-Rumayyan, chairman of the world’s top oil company Saudi Arabian Oil Co. (Aramco) and governor of the kingdom’s sovereign...

Seoul is set to unveil a secret path below the City Hall subway station to the public for the first time in 40 years as the South Korean capital aim...

South Korea's Hyundai Engineering Co. is developing a conversational artificial intelligence (AI) program for use in the plant and construction sect...

Dongkook Lifescience Co., established through a spin-off from Dongkook Pharmaceutical Co. in May 2017, announced on Tuesday that it has entered into...

LG Electronics Inc. is targeting the European market by releasing home appliances that exceed the highest grades of energy efficiency.The company on...

South Korea is set to bolster support for local fabless companies, which design and sell chips, with an aim to grow the firms into global semiconduc...

South Korea’s largest hypermarket chain E-Mart Inc., a unit of domestic retail giant Shinsegae Group, on Wednesday posted disappointing second...

South Korea's largest low-cost carrier Jeju Air Co. will buy 40 next-generation passenger planes and lease 10 other new aircraft from Boeing Co. wit...

The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more than 8 trillion won ($...

South Korea's electric vehicle (EV) charger manufacturer SK Signet Inc. on Monday said it landed an order to supply at least 1,000 ultra-fast charge...

South Korea's telecom service provider KT Corp. disclosed on Monday its plans to collaborate with the Mongolian government to usher in a digital tra...

Korea Hydro & Nuclear Power Co. (KHNP) will participate in the South Australia green cement transition project, which aims to produce green hydr...

South Korea is slated to bring forward action steps on its power supply plan for the 2024-2038 period, with a possibility to review building more nu...

South Korea’s headline inflation dropped for a fifth straight month to a 21-month low, adding to expectations that the central bank might not ...

Just like its neighboring countries in Asia, South Korea’s economic growth has long been swayed by the ups and downs of China, which heavily r...

Korea Trade-Investment Promotion Agency (KOTRA) announced on Wednesday that it conducts an "Environmental, Social and Governance (ESG) Cooperation P...

Samsung Electronics Co., the world’s top memory chipmaker, is set to spend 300 trillion won ($230.4 billion) to build semiconductor manufactur...

State-backed Korea Hydro & Nuclear Power Co. (KHNP) has won a €200 million order to build a tritium removal facility (TRF) at a nuclear pow...

The South Korean government has decided to support the development of a smart city in Uman located in central Ukraine. The Ministry of Land, Infrast...

The Seoul Metropolitan Government will establish the world’s largest startup campus in the capital city of South Korea by 2030, benchmarking S...