UPDATE : 2019.2.19 TUE 09:53
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Daewoo Shipbuilding fined US$9.6 mln for violating subcontract law
South Korea's antitrust watchdog said Wednesday that it has fined Daewoo Shipbuilding & Marine Engineering Co. 10.8 billion wo...
Kim Sua  |  2018-12-27 09:42
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KDB completes cash injection into GM Korea
The state-run Korea Development Bank (KDB) completed injecting US$750 million into the South Korean unit of General Motors Co. on ...
Park Ye-seon  |  2018-12-27 09:40
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Headlines, December 26, 2018
Wednesday, December 26, 2018Here are two Korean-language news report articles published by The Korea Post Korean-language media ou...
Lee Kyung-sik  |  2018-12-26 16:25
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Experts forecast real estate market slump in 2019
Real estate experts forecast a market downturn throughout the country next year, although some see a chance of an increase in pric...
Park Ye-seon  |  2018-12-26 10:05
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Franchisees on average close biz in just over 4 years: data
Franchisees on average shuttered their businesses in just over four years, government data showed Monday, in the latest sign of tr...
Kim Sua  |  2018-12-26 09:54
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Gov't extends subscription for tax-exempt savings accounts by 3 years
The government has extended a subscription for individual savings accounts (ISAs), or a tax-exempt savings scheme, by three years ...
Park Ye-seon  |  2018-12-26 09:49
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Small merchants to get loans with lower interest rates next year
Self-employed shop owners and small merchants will get 1.8 trillion won (US$1.6 billion) worth of loans with lower interest rates ...
Park Ye-seon  |  2018-12-26 09:41
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Loan guarantees among conglomerate affiliates down 9.1 pct in 2018
Loan guarantees among affiliates of South Korea's large business groups fell 9.1 percent in 2018 from a year earlier, the coun...
Park Ye-seon  |  2018-12-26 09:37
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President Moon wishes warm, thoughtful Christmas to everyone
President Moon Jae-in hoped Christmas serves as a day to care about the less privileged and poor in his message posted on Twitter ...
Park Ye-seon  |  2018-12-26 09:30
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Hyundai Mipo bags 208 bln won order for 6 petrochemicals carriers
Hyundai Mipo Dockyard Co., a midsized shipbuilder, said Monday it has received a 208 billion won (US$185 million) order to build s...
Park Ye-seon  |  2018-12-25 09:49
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S. Koreans choose inter-Korean summits as top news of 2018: poll
Three in 10 South Korean adults chose the inter-Korean summit talks as the top news of the year, a poll showed Monday.In the surve...
Kim Sua  |  2018-12-25 09:43
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Gov't clings to minimum wage framework despite backlash
The government decided Monday to partially amend a revised labor statute regarding the calculation of minimum wage, dismissing mos...
Park Ye-seon  |  2018-12-25 09:39
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Moon sends message of condolence to Indonesia over tsunami casualties
President Moon Jae-in on Monday sent a message of condolence to his Indonesian counterpart Joko Widodo over the deadly tsunami that hit coastal areas of Indonesia around the Sunda ...
Park Ye-seon  |  2018-12-25 09:32
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Seoul stocks close lower on U.S. gov't shutdown
South Korean stocks ended lower Monday as individual investors dumped large-cap shares amid worries over political instability in ...
Park Ye-seon  |  2018-12-25 09:26
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Headlines, December 24, 2018
Monday, December 24, 2018Round-up of important news from major Korean dailies and from international media today:The Korea Post media (www.koreapost.com) in English, (www.koreapost...
Lee Kyung-sik  |  2018-12-24 11:33
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Jeju Air begins Incheon-Clark flight service
Jeju Air Co., South Korea's biggest low-cost carrier, said Sunday that it opened a new route to the Philippines to meet greate...
Park ye-seon  |  2018-12-24 10:57
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SME recovery to slow down in 2019, hiring to take hit: think tank
The pace of recovery for small and medium enterprises (SMEs) is expected to slow in the new year, with hiring of workers likely to...
Park ye-seon  |  2018-12-24 10:52
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Sales of cold weather products surge in S. Korea
Sales of cold weather products increased in South Korea apparently as more people purchased goods to keep themselves warm during v...
Kim Jung-mi  |  2018-12-24 10:50
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S. Korea fines BMW 11.2 bln won for engine fires
South Korea's transportation ministry on Monday fined BMW 11.2 billion won (US$9.93 million) for allegedly trying to hide faul...
Kim sua  |  2018-12-24 10:45
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S. Korea changes graphic warnings on cigarette packs
South Korea has changed the graphic warnings on cigarette packs in the latest move to curb smoking, the health ministry said Sunday.In 2016, South Korea required tobacco companies ...
Kim sua  |  2018-12-24 09:41
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