tax breaks

Doosan Logistics Solutions Co. (DLS), a South Korean system integrator that provides turnkey solutions, announced on Tuesday that it has won Nike ...

South Korean battery materials maker POSCO Future M Co. is set to produce nickel in the Philippines to boost its cathodes supplies and improve profi...

Genesis, the luxury car brand of Hyundai Motor Co., is on the verge of breaking the million mark in cumulative global sales this month in seven year...

Samsung Electronics Co.'s latest models of its flagship Galaxy series of smartphones, watches and tablets have begun hitting the shelves of the comp...

South Korea’s low-cost carriers (LCCs) posted their highest-ever quarterly profits on the back of a surge in international travel as the indus...

Refining margins at South Korea’s four oil refiners, led by SK Innovation Co., have exceeded their break-even points after three months, a sig...

The South Korean government and the ruling party proposed longer-term tax cuts for companies that bring production back home to reinvigorate the cou...

Nongshim Co., South Korea’s largest instant noodle maker, is a beneficiary of the success of the Oscar-winning film Parasite as well as the ou...

South Korea’s Hyundai Motor Co. has broken out of its slump in China, with its Chinese joint venture posting its first sales growth in four ye...

South Korea’s HMM Co. has opened a container route to India and the Mediterranean.  In addition to serving the US and Europe, the conta...

South Korea’s logistics performance has ranked 17th in the world, marking its first entry into the top 20 nations, as assessed by the World Ba...

HD Korea Shipbuilding & Offshore Engineering (KSOE) said on Sunday its joint venture Makeen has broken ground on a marine engine plant in Saudi ...

South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate succession, citing difficul...

South Korean shipbuilders are breathing a sigh of relief despite the postponed delivery of their container ships due to a chronic shortage of domest...

South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...

POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker,held a groundbreaking ceremony on Tuesday to mark the commen...

Hyundai Motor Co. and SK On Co. could receive up to $700 million in US tax breaks and grants for their electric vehicle battery plant under construc...

NEW YORK – POSCO Group, which owns South Korea’s largest steelmaker, has been striving to transform into a low-carbon conglomerate by sh...

LG Chem Ltd., the top chemicals company in South Korea, said on Wednesday it broke ground on the country’s largest plant to produce carbon nan...

Louis Vuitton will create jobs for South Korean women coming back from career breaks, a rare move for a global high-end brand in the fast-growing lu...

South Korea’s exports are on course to drop for the eighth consecutive month as they declined in the first 10 days of May, data showed on Thur...

South Korean entrepreneurs are imposed heavy inheritance taxes of up to 60% to hand down wealth to their children, the highest level among Organizat...

ULSAN, South Gyeongsang Province – South Korea’s Hyundai Motor Co. is poised to receive a 25% tax credit for its planned investment in a...

POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, will directly produce nickel, a key material for sec...

South Korea’s HYBE Co. behind global sensation BTS on Tuesday reported a 41.5% surge in first-quarter profit, driven by BTS members’ out...

WASHINGTON, D.C. – Tesla Inc. Chief Executive Elon Musk said on Wednesday that South Korea is still among its top candidates to build another ...

South Korea's National Tax Service (NTS) is looking to export its world-renowned electronic tax administration system after successfully implementin...

It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...

South Korea’s top automaker Hyundai Motor Co. is expected to enhance its presence in Indonesia, which has drastically reduced its value-added ...

South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...