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BUSINESS

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LATEST NEWS
  • [Newsmaker] US missionaries speak out against controversial Gwangju Uprisin...
  • ‘Cat on a Hot Tin Roof’ from NT Live to screen at National Theater of Kor...
  • Police probe alleged bribery of police by club ‘Burning Sun’
  • N. Korean, US envoys hold additional talks on summit agenda
  • Samsung, Hyundai Motor chiefs meet Modi at state lunch
  • Fintech app Banksalad sees no. of monthly active users triple to 1.5m
  • Korea denounces Japan's annual ceremony on Dokdo islets
  • Korea’s producer price index drops to 12-month low in January
  • Samsung develops RF chipsets for 5G base stations
  • BTS launches online archive 'Armypedia' to reach out to fans
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  • Korea's coffee imports fall in 2018 for 1st time in 6 years

    South Korea's imports of coffee declined last year for the first time since 2012, suggesting that the boom of coffee shops might have peaked, data showed Sunday. Imports of coffee fell to 143,000 to...

    Feb 17, 2019

    Economy
  • Korea’s current account extends 21-year surplus in 2018: BOK

    South Korea’s current account surplus extended its surplus for 21 years straight in 2018, on the back of improved service accounts and record-high exports, central bank data showed Friday. The month...

    Feb 15, 2019

    Economy
  • S. Korea's current account reaches eight-month low in Dec.: BOK

    South Korea's monthly current account surplus hit an eight-month low in December on slowing exports, central bank data showed Friday. The country's current account surplus came to $4.82 billion in D...

    Feb 15, 2019

    Economy
  • [Monitor] 1 in 5 Koreans at risk of smartphone addiction

    One in 5 South Koreans face the risk of becoming addicted to smartphone use, according to a poll by the Ministry of Science and ICT. Of 28,575 people between 3 and 69 years old, 19.1 percent fell in...

    Feb 14, 2019

    Economy
  • S. Korea’s unemployment rate hits 4.5% in January

    Jobless rate hits record-high for January since aftermath of global financial crisis

    Feb 13, 2019

    Economy
  • S. Korea's jobless rate rises to 4.5% in January

    South Korea's jobless rate rose to 4.5 percent in January as the pace of hiring slowed, government data showed Wednesday, in the latest sign of an economic slowdown in Asia's fourth-largest economy. ...

    Feb 13, 2019

    Economy
  • [Photo News] Most expensive land in Korea

    (Yonhap) The Ministry of Land, Infrastructure and Transport has revealed Tuesday that the most expensive real estate in South Korea is the Nature Republic cosmetics store located in Myeong-dong, Seo...

    Feb 12, 2019

    Economy
  • [Monitor] Samsung expected to pay $15b corporate tax this year

    Samsung Electronics is expected to cough up some 16.8 trillion won ($15 billion) in corporate tax this year, its regulatory briefing showed. This is up 20.1 percent from the previous year, and 2.4 ti...

    Feb 12, 2019

    Economy
  • Korean sales-to-inventory ratio rising: data

    Inventory of South Korean manufacturers has increased to its highest point in 10 years, data showed Monday, a likely sign of a dulled economy. Figures obtained from the Korea Center for Internationa...

    Feb 11, 2019

    Economy
  • [News Focus] 9 provinces invigorated by brisk agricultural exports

    SEJONG -- South Korea’s nine provinces are competing to step up outbound shipments of agricultural products amid growing demand from a variety of overseas buyers, including Southeast Asian countries....

    Feb 10, 2019

    Economy
  • [News Focus] Korea-China-Japan FTA still long way to go

    SEJONG - The North American Free Trade Agreement is estimated to have much contributed to development of the commerce segment in the continent as one of the world’s main trade blocs. Though US Presi...

    Feb 7, 2019

    Economy
  • [Monitor] Apartment transactions in Seoul hit 6-year low

    Apartment transactions in Seoul sank to a six-year low in January from a year earlier, according to data from the land administration department of the Seoul Metropolitan Government. The number of a...

    Feb 7, 2019

    Economy
  • Korean exports expected to fall in 2019: observers

    South Korean exports are forecast to decline in 2019, as outbound shipments contracted for two months in a row, economic organizations and observers said Wednesday. The poor export showings in Decem...

    Feb 6, 2019

    Economy
  • Sources of funding still unclear for KEPCO’s university

    The state-run Korea Electric Power Corp., which is currently seeking to open its own university in South Jeolla Province in 2022, is expected to face hurdles in opening on time amid financial and adm...

    Feb 4, 2019

    Economy
  • Korea puts forth new ways to support new media startups

    The Korean government is often referred to as an obstacle for startups here due to the heavy red tape. However, state-run Gyeonggi Content Agency is trying to buck that trend by supporting media star...

    Feb 4, 2019

    Economy
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