National | BusinessKorea

Friday, March 23, 2018


CEO Kim Hong-gab (left in picture) and employees donated LED signboards to the Wonpyeong Village in Chuncheon City, Gangwon Province.
2 September 2013 - 6:14pm
Local Finance Association (LOFA), which was established in 1964 by local governments nationwide, is fulfilling its role as a leading financial aid provider for local government in Korea. Although...
Roundabout Admonition of Japan
2 September 2013 - 5:52pm
Chairman of the US Senate Foreign Relations Committee Robert Menendez said on August 19, during his visit to Korea, that Japan would be able to be free from the past only when it searches its soul....
Korea's National Assembly meeting.
National Fiscal Status
2 September 2013 - 4:12pm
The Ministry of Strategy and Finance announced on August 30 that the fiscal account deficit amounted to 46.2 trillion won (US$41.9 billion) in the first half of this year, which is much more severe...
NTS Investigation
2 September 2013 - 3:57pm
The National Tax Service (NTS) launched its first investigation of undeclared foreign bank accounts.  According to the NTS on September 1, it has started to investigate 47 people suspected of having...
President Park Geun-hye guides CEOs of medium-sized businesses to their seats before having a luncheon meeting on August 29.
Medium Businesses
30 August 2013 - 11:17am
On August 29, President Park Geun-hye said, “Mid-sized businesses are like the spine of our economy,” and added, “Just as humans need strong spines to be healthy, our national economy needs strong...
Japanese Conservative Media
29 August 2013 - 3:11pm
Japanese conservative media criticized UN Secretary-General Ban Ki-moon after he urged political leaders in that country to reflect on its past wartime atrocities at a press conference during his...
President Park delivers a speech at a luncheon meeting at the President’s Office with the heads of the 10 largest business groups on August 28.
Meeting with Top Conglomerates
29 August 2013 - 2:41pm
At 11:45am on August 28, the heads of 10 major business groups like Samsung Group Chairman Lee Kun-hee and Hyundai Motor chairman Chung Mong-koo showed up at the presidential residence, Cheongwadae,...
The headquarters of the Korea Development Bank in Yeouido, Seoul, South Korea.
Back to Before
28 August 2013 - 2:12pm
The Korea Development Bank (KDB) Financial Group and the Korea Finance Corporation established by former President Lee Myung-bak and his government, currently in the process of privatizing KDB, will ...
The BMW 320D pictured above costs 146,630 won (US$131.35) for an oil change in Seoul.
Import Cars
28 August 2013 - 1:57pm
With the market shares of imported cars hovering at greater than 10%, the notion that only rich people can afford foreign cars is no longer true. It is attributable to more diverse cars on the market...
Pan Asia Consultative Body
28 August 2013 - 10:56am
The 11th Seoul International Derivatives Securities Conference opened on August 27, hosted by a local daily newspaper. There, Financial Supervisory Service (FSS) Governor Choi Soo-hyeon said, “With...
The Chevy Spark EV, designed by General Motors, and introduced in Korea on August 27.
Charging Standards
27 August 2013 - 2:11pm
Global electric vehicle companies have started to compete with each other for charging methods in Korea. As GM Korea Company unveils its Chevy Spark EV with the SAE Combo DC fast charging system on...
On August 23, a representative at Seoul Noryangjin Fisheries Wholesale Market checks for irradiation of Japanese pollack using a mobile radiation detector.
Radioactive Contamination Rumors
26 August 2013 - 3:27pm
While the fear of irradiated water leaking from around the Fukushima Nuclear Plant continues to spread, consumers have become more suspicious of the fish imported from Japan, mainly pollack and...


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