The author is an analyst of NH Investment & Securities. He can be reached at jinmyung.choi@nhqv.com. -- Ed. Hanwha Aerospace’s civil business, in addition to its defense business, also enjoyed earnings growth in 4Q19. However, expectations towards 4Q19 defense/ICT earnings appear to have been excess

The author is an analyst of NH Investment & Securities. She can be reached at mj27@nhqv.com. -- Ed. Kolmar Korea’s 4Q19 results missed expectations. In addition to the Covid-19 crisis, uncertainties linger in the domestic and overseas cosmetics markets -- a situation necessitating a conservative app

A sharp rise in the number of COVID-19 patients in Korea is forcing foreign airliners to cancel flights to Korea.Vietnam Airlines has canceled flights to Incheon International Airport until March 29 due to COVID-19 concerns. Most of the flights are from Hanoi, Nha Trang and Da Nang, which are popula

[비지니스코리아=정민희 기자] LG전자퓨리케어 360°공기청정기(모델명: AS309DWA)가 0.01마이크로미터 크기(㎛, 1마이크로미터는 1백만 분의 1미터)의 극초미세먼지를 제거한다고 인정받았다.국가공인시험검사기관인 한국건설생활환경시험연구원(KCL; Korea Conformity Laboratories)은 최근 LG 퓨리케어 360°공기청정기의 미세먼지제거능력을 시험했다. 연구원은 한국공기청정협회 규격(SPS-KACA 002-2018)에 따라 30세제곱미터(m3)의 실험실에서 다양한 크기의 미세먼지 가운데 0.01마이크로미터 크

With the South Korean government planning to include taxation on cryptocurrencies in its tax reform plan for next year, tax experts pointed out at a seminar held on Feb. 21 that a low level of trading tax should precede gradual transfer income tax application.The government is scheduled to announce

Foreign securities companies in South Korea are showing a rapid decline in profitability in the absence of localization strategy.For example, Deutsche Securities Korea’s net profit dropped from 1,330.66 million won to negative 7,975.72 million won last year, when its operating loss amounted to 5,872

SsangYong Motor may lose third place in the Korean car market to GM Korea or Renault Samsung Motors this year.GM Korea officially started to count sales of its new compact sport utility vehicle (SUV) Trailblazer in February and Renault Samsung Motors is also planning to launch its new XM3 in March.

Samsung Electronics plant in Gumi, North Gyeongsang Province, which produces the Galaxy S20 and the Galaxy Z Flip, has been put on a temporary lockdown as a worker has been found to have been infected with COVID-19.The company announced on Feb. 23 that its Gumi Plant will be shut down until the morn

After March 2020, no vessel should be carrying high sulfur fuel oil (HSFO) as the International Maritime Organization (IMO) has adopted a carriage ban which states that no ships should carry fuel that contains over 0.5 percent sulfur in their fuel tanks as of 1 March. This carriage ban is expected t

Market research firm FnGuide analyzed 212 listed companies with target stock prices provided by at least three organizations each and reported on Feb. 23 that the targets for this month are lower than a year ago in 87 whereas only 38 companies’ target stock prices have been adjusted upward.The 87 in

Korea Hydro & Nuclear Power Co. (KHNP) was selected as the final supplier in a bid for the international open competition for a feasibility study on a nuclear waste storage of Cernaboda Nuclear Power Plant of the Romanian Nuclear Power Corporation or Societatea Nationala Nuclearelectrica (SNN) on Fe

The successful launch of the Cheonrian 2B, an environmental and marine observation satellite developed by Korea's own technology in the morning of Feb. 19 (Korean Standard Time) is expected to further solidify Korea's position as a geostationary satellite powerhouse with three geostationary

Deputy Director Choi Byung-am of the Korea Forest Service signed the Agreement on Joint Forest Cooperation with the World Bank during the Korean Innovation Week at the World Bank Headquarters in Washington, DC, the United States, on Feb. 19.In this agreement, the two sides strengthened cooperation i

KT announced on Feb. 20 that it signed a memorandum of understanding (MOU) on making Korea a global AI powerhouse and launching an AI development team with Hyundai Heavy Industries Holdings, the KAIST, Hanyang University, Korea Electronics and Telecommunications Research Institute (ETRI), and Korea&

The South Korean government held a meeting presided over by Prime Minister Chung Sye-kyun and announced that it would increase trade finance by 3.1 trillion won and provide more assistance, such as temporary tariff reduction, for Covid-19-stricken companies.In the first half of this month, South Kor

Korea Ginseng Corp (KGC) announced that “Cheong Kwan Jang Red Ginseng Extract Every Time” broke through a milestone of 200 million bags in cumulative sales –- about four bags per a Korean citizen.Cheong Kwan Jang Red Ginseng Extract Every Time is very portable and easy to have by adding only purifie

The Korea Institute for International Economic Policy (KIEP) said in its report on Feb. 18 that Covid-19’s adverse impact on South Korea will be second only to that on the United States unless the spread of the virus is contained in the near future, this is because South Korea and China are very clo

French oil major Total recently signed letters of intent with Hyundai Heavy Industries and Samsung Heavy Industries with regard to eight 170,000-cubic-meter LNG carriers for the Anadarko LNG project in Mozambique. Orders are expected to be placed once Total completes shipowner selection in March. Th

The Korea Institute for International Economic Policy (KIEP) said in its report on Feb. 19 that the joint statement of the United States, the European Union and Japan for revising the WTO Agreement on Subsidies and Countervailing Measures, which was released on Feb. 14 and targets China’s industrial

[비지니스코리아=정민희 기자] 유망기술기업의 글로벌 진출을 지원하는 본투글로벌센터가 한국의 혁신기술들이 개발도상국에 전파될 수 있도록 힘을 쏟는다.본투글로벌센터는 18-19일(현지시간) 미국 워싱턴DC에서 열린 ‘월드뱅크그룹 한국혁신주간(World Bank Group Korea Innovation Week)' 행사에 참가, 한국 창업생태계는 물론 혁신기술기업들을 소개하는 시간을 가졌다. 이는 본투글로벌센터가 직접 월드뱅크로부터 초청을 받아 이뤄졌다. 본투글로벌센터는 월드뱅크와 2019년 10월 판교에서 진행한 스타트업 간담회