National | BusinessKorea

Friday, December 15, 2017


The newly redecorated office of Cheil Communications, the advertising affiliate of Samsung Group.
Intra-group Transactions
15 October 2013 - 3:31pm
Korea’s major conglomerates gave nearly 90 percent of their advertisement contracts to their affiliates last year, despite the government’s efforts to get them to aid small businesses. According to a...
The National Assembly’s administration inspection started on October 14 and will inspect 628 public organizations for the next 20 days.
Snowballing Gov’t Debts
15 October 2013 - 3:25pm
The Korean government paid around 80 billion won (US$74.7 million) during the first half of this year in interest on its short-term loans to make up for revenue shortfalls and secure money to cover...
Model Industrial Complex factories in Kaesong (Gaesong) Industrial Area. (photo courtesy of Mimura/Wikimedia Commons)
Inter-Korea Relationship
15 October 2013 - 12:32pm
The investment conference scheduled for October 31 in the Kaesong Industrial Complex foundered in the end. Both Koreas were planning to hold the conference with foreign investors in Korea after...
Chinese policeman holds back North Korean defectors entering S. Korean Embassy in Beijing.
Survey on Defectors
14 October 2013 - 4:27pm
It has been reported that more than half of the North Korean defectors who entered South Korea have serious psychological problems such as thoughts of suicide.  According to a survey of 295 North...
Korean President Park Geun-hye and Indonesian President Susilo Bambang Yudhoyono.
Korea-Indonesia Deals
14 October 2013 - 2:54pm
At a press conference held at Merdeka Palace in Jakarta on October 12, Korean President Park Geun-hye and Indonesian President Susilo Bambang Yudhoyono unveiled an agreement to finalize negotiations...
The BMW 320D pictured above costs 146,630 won (US$131.35) for an oil change in Seoul.
Automobile Industry
11 October 2013 - 4:01pm
Vehicle production in Korea fell to its lowest level in 13 months in September, owing to the three-day Chuseok holiday and strikes of two car manufacturers of Hyundai Motor Group.  According to data...
This bridge over the Yalu River connects North Korea and China. (Photo courtesy Prince Roy/Wikimedia Commons)
North Korea-China Trade
11 October 2013 - 3:25pm
North Korea’s exports to China in the first eight months of this year rose 8 percent year-on-year to US$1.85 billion, mainly thanks to higher exports of natural resources such as coal and ores.   ...
Cycle of Car Life
11 October 2013 - 1:35pm
Used-car shopping website SK Encar announced on October 10 that in a survey of car replacement cycles and reasons for auto replacement involving 325 people, 28.3% of respondents said that they...
Faisalya Tower in Riyadh, the capital of the Kingdom, is host to the most important of gulf, Arab and International conferences on a regular basis.
Overview of Saudi Arabia
10 October 2013 - 5:45pm
The Kingdom of Saudi Arabia, the birthplace of Islam and home to Islam’s two holiest shrines in Mecca and Medina, has long been recognized as a powerhouse of the Middle East. Now’s it’s poised to...
Saudi Arabia
10 October 2013 - 5:27pm
This year’s anniversary of the National Day of the Kingdom of Saudi Arabia comes at a time when the comprehensive development renaissance, based on the foundation laid by the Founder His Majesty King...
Korea’s Chemicals Regulation Act
10 October 2013 - 3:49pm
Experts in the US, EU, Switzerland, China, and Japan expressed concerns over Korea’s Act on the Registration and Evaluation of Chemicals in the World Trade Organization (WTO). Under the circumstances...
Windows XP
10 October 2013 - 12:24pm
On October 9, Microsoft said that more than 9.9 million PCs in Korea are still using Windows XP. Upgrading is urgent, since mainstream support for Windows XP will end in 6 months.  After April 8,...


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