National | BusinessKorea

Tuesday, December 12, 2017


The 2013 Toyota Avalon.
Japanese Car Brands
8 October 2013 - 2:02pm
Japanese automobiles accounted for 35% of the Korean import car market in 2008, but have lost more than half of their market share over the last five years.  In the mid-2000s, vehicles made in Japan...
Winners in the Formula One Korean Grand Prix.
F1 Korean Grand Prix
7 October 2013 - 6:06pm
Red Bull’s Sebastian Vettel acquired his third straight Formula One Korean Grand Prix title on September 6.  Vettel covered 55 laps on the 5.615-kilometer Korean International Circuit in 1 hour, 43...
Marketing Expenses
7 October 2013 - 5:58pm
Korea’s wired and wireless telecommunications service providers have spent around 44.6 trillion won (US$41.6 billion) for marketing expenses since 2008.  Independent lawmaker Kang Dong-won said on...
President Park Geun-hye arrives at Ngurah Rai International Airport of Indonesia in the afternoon of October 6 (local time) to attend the 21st APECC Summit Meeting.
FTA with Indonesia
7 October 2013 - 2:46pm
It was reported that South Korea’s President Park Geun-hye is expected to reach a deal on the Comprehensive Economic Partnership Agreement (CEPA) between Korea and Indonesia with Indonesian president...
US Secretary of Defense Chuck Hagel (6th from left) and South Korean Defense Minister Kim Kwan-jin (4th from right) discussed cyber security at the 45th Security Consultative Meeting at the Defense Ministry in Seoul on October 2.
Strengthened Cyber Security
7 October 2013 - 2:35pm
Minister of National Defense Kim Kwan-jin and United States Secretary of Defense Chuck Hagel held a joint press conference on October 2 in Seoul and announced that the two countries will keep shoring...
The SM3 ZE Electric car from Renault Samsung.
Electrical Compact Car
7 October 2013 - 2:11pm
Renault Samsung Motors announced on October 4 that it will push forward with a plan to sell its SM3 ZE in Changwon City after Jeju Island. In September, the automaker built an A/S Network, and...
Brad Swallow (third from left) in charge of Yeongcheon MRO Center for Boeing, Kim Young-seok (fourth) Yeongcheon City Mayor, Kim Kwan-yong (sixth) North Gyeongsang Province Governor, and others at the Nokjeon MRO Center business site in Yeongcheon City.
Boeing’s Investment in Korea
7 October 2013 - 2:07pm
The local economy is paying close attention to whether or not Boeing Company will keep its promise to invest in a maximum of US$100 million in Yeongcheon City, North Gyeongsang province, as the...
Lone Star Funds
4 October 2013 - 6:44pm
The Seoul Administrative Court ruled against public disclosure of the contents of the Lone Star Funds’ application for international arbitration against the Korean government. The Lawyers for a...
U.S. Secretary of Defense Chuck Hagel (left), and South Korea’s Defense Minister Kim Kwan-jin (right) at a news conference after the 45th Security Consultative Meeting (SCM) at the Defense Ministry in Seoul, Korea on October 2.
Deterrence of N. Korea
4 October 2013 - 4:04pm
Korea’s Defense Minister Kim Kwan-jin and U.S. Secretary of Defense Chuck Hagel reached an agreement to employ all the military capabilities to launch a preemptive strike against the North, if there...
Upon US Secretary of Defense Chuck Hagel’s visit to Korea (September 29-October 2), Korea had hopes of postponing the wartime OPCON transition, but the US had mixed feelings.
Military Discussion
3 October 2013 - 3:12am
According to the Washington Post on September 30 (local time), the US government and assembly feel disappointed in Korea’s movement to request postponing the wartime OPCON transition originally set...
A typical office building in Ajman Free Zone.
Free Economic Zones
1 October 2013 - 6:15pm
On October 10, 2013, senior dignitaries from the Ajman Free Economic Authority (AFZA) in the United Arab Emirates (UAE) will be visiting Seoul to speak about investment opportunities in the UAE.  The...
Former President Lee Myung-bak addresses the nation.
1 October 2013 - 4:37pm
It has been pointed out that the Lee Myung-bak administration put more regulations in force than before, in spite of his promise to abolish them in the interest of national competitiveness.  The...


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