national competitiveness

The fad for licensed casual fashion brands appears to be cooling in South Korea, where American sports clubs, broadcasting networks and documentary ...

The Asan Nanum Foundation, a nonprofit foundation set up in 2011 to commemorate the 10th anniversary of Hyundai founder Chung Ju-yung’s death,...

In South Korea, one of the world’s most wired countries, people can’t live without social networking services for everyday communication...

South Korea's Tata Daewoo Commercial Vehicle Company announced on Tuesday that it resumed truck exports to Algeria under the Daewoo brand. Tata...

Chung Yong-jin, vice chairman of South Korea’s retail giant Shinsegae Group, has been promoted to chairman to strengthen his clout over the co...

Hyundai Mobis has strengthened its competitiveness in future mobility by filing numerous patents in the electric and autonomous driving fields.The c...

Despite a global economic slowdown, South Korea's overseas exports of boilers and water heaters increased 4.9% year over year by $478.3 million in 2...

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, have joined hands with the nation's top national research university to...

Refiners in South Korea are in a race to expand their presence in the electric vehicle lubricants market through overseas production facilities and ...

South Korean companies paid more corporate taxes than their rivals in developed countries in 2022, losing competitiveness, with the nation’s c...

South Korea’s Celltrion Inc. announced on Thursday that it will supply three treatments, including its blood cancer drug Truxima (rituximab) t...

South Korea has established diplomatic relations with Cuba, a close ally of North Korea, Seoul said on Wednesday. Cuba had long been the only count...

Hanwha Aerospace Co. and Hanwha Systems Co. announced on Tuesday that they signed a three-party memorandum of understanding (MOU) for defense cooper...

South Korea’s confectionery and snack maker Orion Corp. announced on Friday that it signed a strategic partnership agreement with the Institut...

Samsung Electronics Co., the world’s largest memory chipmaker, on Wednesday announced a new addition to its consumer solid-state drive (SSD) l...

South Korea’s top automaker Hyundai Motor Group has agreed to secure lithium hydroxide, a key raw material for electric vehicle batteries, fro...

SEOUL—Dog meat will no longer be allowed in South Korea, capping a decadeslong campaign against a controversial practice that many locals have...

Hyundai Motor Co.'s electric sport utility vehicle (SUV) IONIQ 5 has been selected as the Car of the Year 2023 in Singapore by the nation’s la...

The South Korean government said on Friday that it would grant the hiring of foreign workers in hotels and resorts from next year.The hotel and reso...

Hyundai Motor Co. ’s and Kia Corp. are undergoing a comprehensive restructuring of their research and development (R&D) organizations. Thi...

South Korea has struck a free trade agreement with the Gulf Cooperation Council (GCC), a group of six Arab nations, paving the way for Seoul to stre...

On Nov. 20, HMM Co., South Korea’s No. 1 ocean carrier, issued new 200 million shares after its two largest shareholders -- Korea Development ...

South Korea's POSCO was ranked number one as the world’s most competitive steelmakers for 14 straight years by the global steel analytics Worl...

Celemics Inc., a South Korean diagnostic reagent producer, is gearing up for its foray into the US and India next year in its first step toward glob...

SEOUL—Kim Jong Un has a new mission for North Korean women: Have more babies.Kim acknowledged the impoverished nation’s plunging bi...

South Korea’s artificial intelligence (AI) legal technology startup Bering Lab, with investment from Naver D2 Startup Factory (D2SF), receiv...

SK On Co., the world’s fifth-largest electric vehicle battery maker, and BASF SE, a major global cell materials producer, joined forces for th...

Saudi Aramco’s $7 billion petrochemical project in South Korea, in what would be its largest-ever investment in the country, has hit a stumbli...

South Korean shipbuilders won the most shipbuilding orders worldwide in October 2023. The country overtook China and claimed the lead in the global ...

South Korea plans to allow non-professional workers from India and Lithuania to apply for the E-9 visa as the country struggles with a shrinking wor...