visa rules
Scope
Date
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Business & Politics
S.Korea woos Chinese visitors via temporary e-visa fee exemption
South Korea has waived e-visa issuance fees through year's end for Chinese visitors on group tours.This is in response to the travel industry's re...
Sep 05, 2023 (Gmt+09:00)
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Carbon neutrality
Nearly all HMM ships meet int'l CO2 rules
South Korea’s No. 1 container transportation and shipping service HMM Co., Ltd on Monday said the Carbon Intensity Indicator (CII), which meas...
Jul 25, 2023 (Gmt+09:00)
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Shareholder activism
S.Korea files to revoke PCA ruling in favor of Elliott
South Korea has decided to challenge an international arbitration tribunal’s decision a month ago ordering the Korean government to compensate...
Jul 18, 2023 (Gmt+09:00)
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Batteries
Deal reached on LG-Stellantis battery plant subsidy; construction resumes
All construction work at a battery joint venture in Canada between South Korea’s LG Energy Solution Ltd. and multinational automaker Stellanti...
Jul 06, 2023 (Gmt+09:00)
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Electronics
Samsung faces scrutiny under new EU digital market rules
Samsung Electronics Co. is facing scrutiny by the European Union over its leading position in the internet browser market under the Digital Markets ...
Jul 05, 2023 (Gmt+09:00)
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Batteries
Korea-China battery minerals tie-up mutually beneficial: CNGR chief
China and South Korea stand to mutually benefit by strengthening their partnership in the battery materials business amid tougher US regulations on ...
Jul 03, 2023 (Gmt+09:00)
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Economy
S.Korea to tighten immigrant investor requirements
South Korea will raise the minimum requirements for the country’s investment immigration visa program amid growing controversy over foreigners...
Jun 30, 2023 (Gmt+09:00)
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Banking & Finance
Hyundai Card, Visa form global data alliance
South Korea’s Hyundai Card has launched a data analysis business with Visa. Hyundai Card on Monday said it formed a strategic business partner...
Jun 27, 2023 (Gmt+09:00)
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Regulations
S.Korean auditors enjoy sharp pay rise under new laws
The average salary of accountants at Big Four accounting firms in South Korea has more than doubled over the past few years, as financial regulators...
Jun 19, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korea's chip pioneer Amkor aims to rule packaging sector
The history of semiconductors in South Korea, a global tech powerhouse with the world’s two largest memory chipmakers, Samsung Electronics Co....
Jun 18, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea to discuss bilateral currency swap with Japan
South Korea plans to discuss with Japan the re-establishment of their bilateral currency swap line, said its finance minister on Thursday, as the di...
Jun 09, 2023 (Gmt+09:00)
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Corporate strategy
POSCO to comply with IRA rules to access battery tax breaks: chairman
NEW YORK – POSCO Group, which owns South Korea’s largest steelmaker, has been striving to transform into a low-carbon conglomerate by sh...
Jun 01, 2023 (Gmt+09:00)
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Business & Politics
South Korea officially asks US to ease chip rules on China expansion
WASHINGTON, D.C. – South Korea has officially requested the US government to review details of the guardrail provisions in the CHIPS and Scien...
May 24, 2023 (Gmt+09:00)
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COVID-19
Korea to lift most COVID-19 rules with lower crisis level
South Korean President Yoon Suk Yeol on Thursday declared an end to most COVID-19 restrictions including mandatory quarantine for patients of the pa...
May 11, 2023 (Gmt+09:00)
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Business & Politics
US eyes new rules for Samsung, SK to bring chip machines to China
The US government is considering establishing new rules for South Korea’s chipmakers to import advanced equipment to China to upgrade their fa...
May 10, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung foundry backlogs top $74.6 bn for logic chip biz goal
Samsung Electronics Co., the world’s No. 2 foundry player, has secured contract semiconductor manufacturing order backlogs of more than 100 tr...
Apr 30, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to grant visa-free entry to transit passengers from abroad
Transit passengers from select countries from Sunday can enter South Korea without a visa, and this waiver from May 15 will apply to a wider range o...
Apr 28, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipyards feel tailwind from emission rules
Tighter environmental rules and higher energy prices are providing tailwinds for South Korean shipbuilders, which have swept orders for eco-friendly...
Apr 23, 2023 (Gmt+09:00)
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Banking & Finance
Korean banks’ profits hamstrung by tighter rules, consumer behavior
South Korea’s commercial banks usually post decent earnings driven by high interest income when the country’s policy interest rates are ...
Apr 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean supreme court upholds $800 mn fine against Qualcomm
South Korea’s Supreme Court on Thursday reaffirmed the country’s largest-ever penalty of 1.03 trillion won ($800 million) imposed on Qua...
Apr 13, 2023 (Gmt+09:00)
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Corporate investment
S.Korean corporate investment in Vietnam plunges 70% in first quarter
South Korean corporate investment in Vietnam, which has led the economic development of the Southeast Asian nation, has plunged this year due to fac...
Apr 11, 2023 (Gmt+09:00)
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The KED View
Time for South Korea's answer to the US battery subsidy act
The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...
Apr 04, 2023 (Gmt+09:00)
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Korean games
Rule prevents release of sequel to hit game Modoo Marble in S.Korea
The sequel to the popular real estate board game Modoo Marble is unavailable in South Korea because of the country's ban on play-to-earn (P2E) games...
Apr 04, 2023 (Gmt+09:00)
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Retail
Domestic duty-free sales surpass 1 trillion won in February
Domestic duty-free sales in South Korea increased by 36.7% in February compared to the previous month, due to the resumption of short-term visas for...
Mar 28, 2023 (Gmt+09:00)
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Fintech
Samsung Pay adds Visa to overseas payment service
South Korea's mobile payment and digital wallet service Samsung Pay will allow its Visa-affiliated credit cards issued in the country to make overse...
Mar 23, 2023 (Gmt+09:00)
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Regulations
Korea to ease foreign ownership limit rules; MSCI upgrade eyed
South Korea plans to ease regulations that limit foreign ownership of big companies deemed crucial to its economy as the government aims to align it...
Mar 17, 2023 (Gmt+09:00)
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Travel & Leisure
Tourist arrival gap between S.Korea, Japan widens sharply
Since Japan resumed visa-free travel for South Koreans in October last year, South Koreans have been flocking to the neighboring country.But the num...
Mar 10, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korean shipbuilders rule world’s eco-friendly vessel market
South Korea’s shipbuilders have won more than half of the orders to build eco-friendly vessels so this year based on advanced technology to do...
Feb 14, 2023 (Gmt+09:00)
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ESG
Responsible mineral sourcing key to Korean battery materials makers
South Korea’s battery materials makers are stepping up their efforts to conform to environmental, social and governance (ESG) standards throug...
Feb 13, 2023 (Gmt+09:00)
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Bio & Pharma
Korean court rules Daewoong poached Medytox’s botox strain
A South Korean court on Friday ruled in favor of Medytox Inc. in a civil lawsuit against its crosstown rival Daewoong Pharmaceutical Co. over the so...
Feb 10, 2023 (Gmt+09:00)
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