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BUSINESS

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LATEST NEWS
  • Leaders of S. Korea, India celebrate 150th anniversary of birth of Gandhi
  • FC Seoul head coach vows to restore club's reputation in 2019
  • Court finds medical staff not guilty in deaths of 4 newborns
  • Speed skater stands by harassment allegations against ex-teammate, claims t...
  • S. Korea to offer incentives to firms over job creation
  • For six decades, diva Lee Mi-ja sings with heart
  • Value of Yongbyon nuclear site underestimated: think tank
  • Samsung frontloads new Galaxy releases in bid to revive sales
  • [Graphic News] Koreans’ attendance rate of cultural and arts events tops 8...
  • SK hynix to invest W120tr in 4 chip plants in Yongin
  •  
  • CheongKwanJang opens cooking classes for foreigners

    Korean Ginseng Corporation, known for producing Korean red ginseng under the brand CheongKwanJang, has opened cooking classes for foreigners as a way of promoting Korean red ginseng. The classes com...

    Jan 24, 2019

    Industry
  • SK hynix to slash investment amid worsened outlook for chip demand

    Chipmaker achieves all-time high net income of W15.5tr in 2018, but Q4 figures bode ill for this year

    Jan 24, 2019

    Technology
  • Homeplus joins European Marketing Distribution alliance

    South Korean discount chain operator Homeplus has joined Europe’s largest retail alliance, the firm said Thursday, in a first for an Asian retailer. As a member of the European Marketing Distributio...

    Jan 24, 2019

    Industry
  • New public-private alliance formed for ASEAN market

    Leaders from Korea’s major business associations and the Presidential Committee on New Southern Policy gathered Thursday to form an alliance to help Korean entrepreneurs seek better opportunities in ...

    Jan 24, 2019

    Industry
  • BOK freezes key rate at 1.75% for Jan.

    The South Korean central bank on Thursday held its policy rate steady for January amid rising uncertainties at home and abroad. In the first monetary policy board meeting of the year, the Bank of Ko...

    Jan 24, 2019

    Finance
  • Land prices gain 4.6% in 2018

    Land prices in South Korea rose nearly 4.6 percent in 2018 from a year earlier, the fastest clip in 12 years, government data showed Thursday. The country's land prices increased 4.58 percent on-yea...

    Jan 24, 2019

    Economy
  • Korea hosts Drone Show Korea 2019

    The South Korean government on Thursday kicked off Drone Show Korea 2019 in the southern port city of Busan, with some 100 firms showcasing their latest drones and related technologies. The Ministry...

    Jan 24, 2019

    Technology
  • SK hynix Q4 net up 6% in Q4, posts record profit in 2018

    SK hynix Inc. said Thursday its fourth-quarter net rose 6 percent from a year earlier, which fell below the market expectation in the wake of slowing demand for memory chips and falling global sales ...

    Jan 24, 2019

    Industry
  • LG Uplus sole winner in number portability this year

    LG Uplus Corp., the smallest of South Korea's three mobile carriers, has emerged as the sole winner in number portability this year on aggressive marketing, industry data showed Thursday. LG Uplus p...

    Jan 24, 2019

    Industry
  • [Monitor] Lotto sales hit record high in 2018

    Sales of Lotto tickets in South Korea reached an all-time high in 2018 at 3.97 trillion won ($3.5 billion), up 4.4 percent from the previous year, the Korea Lottery Commission said. But the growth r...

    Jan 23, 2019

    Economy
  • [Photo News] Kakao meets Starbucks

    Starbucks Korea announced Wednesday it will accept mobile payment service Kakao Pay from Thursday. (Yonhap) In a special promotion until Feb. 7, those who spend 10,000 won ($8.90) or more via Kakao...

    Jan 23, 2019

    Technology
  • Phone makers to battle for attention next month

    Samsung, LG, Huawei to introduce folding phones, gesture-controlled UI, wireless charging tech ahead of MWC 2019

    Jan 23, 2019

    Technology
  • [News Focus] Debate over securities transactions tax grows

    Amid South Korea’s efforts to revitalize the economy, debate over whether to lift the securities transaction tax has been rekindled, with the government, lawmakers, and the financial sector divided o...

    Jan 23, 2019

    Industry
  • Kyobo Life, SBI Holdings, Kiwoon Savings mull internet-only bank

    Financial institutions including Kyobo Life Insurance, SBI Holdings and Kiwoom Savings Bank are mulling jumping into South Korea’s internet-only bank business amid the state’s efforts to foster the s...

    Jan 23, 2019

    Finance
  • Korea to turn unused land into public houses, innovative business space

    Deputy PM unveils SOC budget spending plan to boost struggling domestic economy

    Jan 23, 2019

    Economy
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Publisher. Editor : Kwon Chung-won
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