tax credit

Apple's mobile payment service, Apple Pay, is set to launch domestically in South Korea on March 21, according to industry sources on Monday.With th...

BC Card Co., a South Korean credit card company, said on Friday it has signed two contracts to provide digital payment services for Indonesia’...

South Korea will introduce a voluntary carbon market (VCM) later this year, which is expected to broaden the scope of carbon credits and speed up ef...

South Korea’s main opposition party will propose higher tax credits and subsidies for domestic chipmakers and battery manufacturers as early a...

Apple Pay, the mobile payment service by iPhone maker, is set to launch in as early as two weeks in South Korea, home to the world’s largest s...

Lotte Chemical Corp., a major South Korean petrochemical manufacturer, joined hands with CF Industries Holdings Inc., the world’s largest ammo...

Many investors are questioning whether private markets will stay bullish amid uncertainty in 2023. The markets will continue to generate interesting...

SK Hynix Inc., the world’s second-largest memory chipmaker, is gearing up for its largest-ever corporate bond issue in South Korea at lower-th...

Apple and Hyundai Card on Wednesday officially announced the launch of the simple payment service Apple Pay in South Korea.The American tech giant s...

South Korean refiners such as SK Innovation Co. and S-Oil Corp. are estimated to incur a combined loss of over 1 trillion won ($800 million) in the ...

SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is poised to strengthen its eco-friendly b...

South Korea is revising its electric vehicle subsidy plan in a way that favors local cars such as the Hyundai IONIQ 6 over imported vehicles, includ...

The annual card approval amount in South Korea exceeded 1,000 trillion won ($811.4 billion) for the first time ever. This is largely because of "ret...

Hanwha Solutions Corp. said on Monday that its business unit Hanwha Solutions Insight Division has signed a memorandum of understanding (MOU) with S...

Employees at South Korea’s oil refiners are expected to receive hefty bonuses after their companies posted record earnings last year amid hi...

South Korea's Hyosung Chemical has failed to receive a single purchase order in its demand forecast for corporate bond issuance.Investment banking s...

South Korea’s Woori Financial Group is set to acquire Daol Investment Co., a venture capital arm of the liquidity-strapped Daol Financial Grou...

KB Kookmin Card, a credit card unit of KB Financial Group, and its Cambodian local subsidiary KB Daehan Specialized Bank, acquired the Southeast Asi...

South Korea’s Daol Financial Group agreed to sell another unit as part of its efforts to raise money in preparations for a possible liquidity ...

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 electric vehicles for lease are forecast to receive US tax credits under the Inflation Reduction Act (IRA) as new guidelines of the law...

The South Korean government plans to revise a recently passed bill aimed at supporting the country’s semiconductor sector and other key indust...

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

South Korea's Korea Financial Investment Association and 31 domestic securities companies on Sunday released a joint statement urging a delay in the...

Korea Investment Corporation (KIC) has made its first direct investment in an asset management firm, the South Korean sovereign wealth fund said on ...

South Korea's Jobis & Villains Corp., which operates the tax return service "3o3," announced on Thursday that it has been officially registered ...

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...

LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it is building a $3.2 billion cathode plant in Tennessee, its first facto...

Nearly half of South Korea's economists want the inheritance tax abolished, according to a survey.The Korea Economic Association on Thursday release...

Six leading economic organizations in South Korea have sent a joint letter to the US government and Congress requesting revision of the US Inflation...