labor ministry

South Korean President Yoon Suk-yeol on Wednesday called for measures to stabilize mounting price pressure caused by "oligopolies" in the banking an...

South Korea's Hyundai Engineering on Sunday said the country's Ministry of Environment selected the company to receive electric vehicle (EV) infrast...

South Korea's Ministry of Oceans and Fisheries will transfer technology to Indonesia on farming the tropical Napoleon fish and reduce sea pollution ...

South Korea's top mobile carrier SK Telecom Co. and Doosan Robotics Inc. have jointly launched an artificial intelligence-powered barista, SK Group'...

Celltrion Healthcare Co. Ltd. said on Thursday that it launched Vegzelma, a biosimilar to the anti-cancer drug Avastin (active ingredient: bevacizum...

The South Korean government plans to raise tax breaks for facility investments by big companies, including chipmakers, to as much as 25% following P...

South Korean politician Yang Hyang-ja, a Samsung Electronics Co. executive-turned-lawmaker, criticized her fellow lawmakers' decision to raise the p...

The Ministry of Science and ICT announced on Wednesday that it will invest 350 billion won ($273 million) to build a rocket launch site, which will ...

South Korea's leading chemical and auto parts supplier KCC Corp. said on Thursday that its anti-rust and anti-fouling paints for ships and ceramics ...

The Korea Exchange (KRX) has agreed to cooperate with the Ministry of Finance of Uzbekistan on the maintenance of the stock market IT system. T...

The Korean Ministry of Land, Infrastructure and Transport's Metropolitan Area Transportation Committee said on Sunday that it would promote establis...

More than four out of ten small- and medium-sized enterprises (SMEs) have experienced difficulties due to regulations and cited employment and labor...

The average household debt in South Korea has exceeded 90 million won ($69,284). While the figure appears to be high by Korean standards, average ho...

The first South Korea-overseas joint law firm is set to start operations in Seoul.The joint firm of Korean law firm Hwahyun and UK’s Ashurst h...

South Korean game developer NCSOFT Corp. announced on Friday that it won first place at this year’s Artificial Intelligence Grand Challenge, h...

The Korea SMEs and Startup Agency (KOSME) and Incheon International Airport Corp. (IIAC) on Wednesday announced their signing of a contract to bui...

A total of 103 companies, a mere 0.01% of the total number of corporations in South Korea, are paying more than 40% of the country’s total cor...

As restrictions to traveling across national borders loosen, the number of international travelers to both South Korea and Japan have been on the ri...

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...

FTSE Russell, a global index provider, added South Korea to the watch list for potential inclusion in its FTSE World Government Bond Index (WGBI), p...

South Korea is set to take measures to stabilize local stock and bond markets hit by global interest rate hikes amid growing risks of a worldwide ec...

NEW YORK – The South Korean government is poised to tap into its fund of funds to form a joint investment fund with venture capital firms in t...

SEOUL—Russia’s invasion of Ukraine has created an opportunity for North Korea, which has strengthened its ties with Moscow and beco...

South Korea is set to raise the quota of foreign workers by 10,000 this year to address labor shortage issues in the country’s shipbuilding, m...

Samsung Electronics Co., the world’s top memory chipmaker, is seeking unmanned factories in a move that other major South Korean manufacturers...

South Korea’s major companies are anxious about looming labor strife at the Port of Long Beach, California and strikes at German ports –...

As a string of sporadic labor union strikes enters its third week, the risk of supply disruption has spread to an unlikely victim – Hankook Ti...

South Korea’s manufacturing sector faces ballooning losses across industries as the trucker strike entered its seventh day on Monday, disrupti...

The Ministry of SMEs and Startups announced Wednesday it has selected 60 promising startups to which it will provide financial assistance and expert...

Shares of Naver Corp. and Kakao Corp. are expected to decline further after South Korea’s top two platform giants already lost 20 trillion won...