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BUSINESS

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LATEST NEWS
  • NK official arrives in Hanoi ahead of 2nd Trump-Kim summit
  • North Koreans pay tribute to Kim's father in freezing cold
  • Seoul's base taxi fare rises to 3,800 won
  • What North Korea could learn from Vietnam
  • Seoul shares expected to remain sluggish next week
  • JTBC chief questioned over alleged violence against freelance journalist
  • IOC President Bach welcomes joint Korean bid for 2032 Olympics
  • Close aide of N. Korean leader arrives in Beijing ahead of 2nd Trump-Kim su...
  • Koreas to field joint teams in 4 sports at 2020 Tokyo Olympics
  • Renault Samsung to face lower utilization rate after it stops
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  • [News Focus] Korea seeks to ease trade dependency on China, US, Japan

    SEJONG -- South Korea began to seek free trade deals in 1999, when it started negotiations with Chile, its first partner for a free trade agreement that took effect in April 2004. Over the past 20 y...

    Jan 27, 2019

    Economy
  • [Monitor] Cigarette sales down due partly to higher prices

    Sales of cigarettes in South Korea fell 1.5 percent in 2018 from a year earlier, data from the Ministry of Economy and Finance showed. A total of 3.47 billion packs were purchased last year, down sl...

    Jan 27, 2019

    Economy
  • Seoul shares to see moderate gains next week

    South Korean stocks are expected to make a modest upswing next week following relief rallies in recent sessions amid optimism over decent corporate performances this year, analysts said Saturday. Th...

    Jan 26, 2019

    Economy
  • Korea's consumer sentiment rises for second straight month in Jan.

    South Korea's consumer sentiment rose for the second month in a row in January as hopes are high for the government's economic stimulus measures for the new year, a central bank poll showed Friday. ...

    Jan 25, 2019

    Economy
  • BOK freezes base rate, inches down growth forecast

    Central bank maintains wait-and-see approach amid uncertainties

    Jan 24, 2019

    Economy
  • 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
  • [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
  • 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
  • Govt. to offer financial support for overseas construction, plant orders

    The government will provide financial support for overseas construction and plant orders to shore up exports that are showing signs of weakening, Finance Minister Hong Nam-ki said Wednesday. Global ...

    Jan 23, 2019

    Economy
  • Economy grows 2.7% in 2018, marks slowest on-year rise in 6 years: BOK

    GNI likely to have surpassed $31,000 per capita last year for the first time

    Jan 22, 2019

    Economy
  • Korean economy grows 2.7% in 2018: BOK

    The South Korean economy grew at the slowest pace in six years in 2018 as shrinking corporate investment weighed heavily on Asia's fourth-largest economy, central bank data showed Tuesday. The natio...

    Jan 22, 2019

    Economy
  • Ministries in tug-of-war over export policy leadership

    Trade Ministry ill at ease over Finance Ministry’s direct involvement in semiconductor export agenda

    Jan 21, 2019

    Economy
  • [Monitor] Koreans drinking less: survey

    While South Koreans drink as frequently as they used to, the average volume of alcohol consumed on each occasion has dropped consistently, a survey showed. The survey of 2,000 adults conducted joint...

    Jan 21, 2019

    Economy
  • Trade minister to attend WTO reform meeting in Davos

    South Korea's trade minister will attend a meeting of the World Trade Organization this week to discuss its reform measures, his office said Monday. Kim Hyun-chong will visit Davos, Switzerland, on ...

    Jan 21, 2019

    Economy
  • KOTRA opens third office in Vietnam

    State-run Korea Trade-Investment Promotion Agency on Monday opened its third Vietnamese office in Da Nang, seeking to support exporters in line with Seoul's New Southern Policy that centers on streng...

    Jan 21, 2019

    Economy
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