UPDATE : 2019.11.21 THU 09:30
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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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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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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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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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Samsung to produce 7nm chips for IBM's CPU
U.S. information technology giant IBM Corp. said Friday that South Korean chipmaker Samsung Electronics Co. will manufacture 7-nan...
Kim Sua  |  2018-12-21 09:40
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Hyundai expects weak car sales in 3 major markets in 2019
Hyundai Motor Group, the world's fifth-biggest carmaker by sales, said Thursday it is bracing for weak sales in three major ma...
Kim Sua  |  2018-12-21 09:33
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Incheon Airport to invest 4.2 tln won in expansion, upgrades by 2023
Incheon International Airport Corp. said Thursday it will invest 4.2 trillion won (US$3.7 billion) to build a fourth runway and ex...
Park Ye-seon  |  2018-12-20 09:55
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S. Korea vows to thoroughly prepare for destabilizing factors
South Korea will make thorough preparations for any destabilizing factors after the U.S. raised interest rates, a senior official ...
Kim Sua  |  2018-12-20 09:50
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Borrowers can ask banks to lower loan rates via Internet, mobile banking in 2019
The financial watchdog said Thursday it has revised its guidelines to allow borrowers to make online requests to banks for lower l...
Kim Jung-mi  |  2018-12-20 09:41
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Samsung to update previous devices to use New Bixby
Samsung Electronics Co. said Thursday it will use the New Bixby artificial intelligence platform in devices released before its Ga...
Kim Jung Mi  |  2018-12-20 09:35
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Ramyeon exports expected to surpass $400 milion this year
Exports of instant noodles, or "ramyeon," are sure to exceed US$400 million this year, a state food agency said on Dec. 19, 2018.S...
Cho Kyung-hee  |  2018-12-19 09:38
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KDB backs GM Korea's R&D separation plan
The Korea Development Bank (KDB), the second-biggest shareholder in GM Korea Co., said on Dec. 18, 2018 it has accepted the carmak...
Park Byung-uk  |  2018-12-19 09:36
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Sales of feature phones rising amid smartphone slump: data
The global shipment of feature phones increased in the third quarter of the year amid slowing demand for high-end smartphones, as ...
Kim Jung-mi  |  2018-12-19 09:33
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S. Korea forecast to pull back on fab equipment investment next year: report
South Korea is expected to make the largest investment in fab equipment next year of any country, but the total will still be abou...
Shin Jin-seon  |  2018-12-19 09:31
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Daewoo Shipbuilding wins another LNG ship order
Daewoo Shipbuilding & Marine Engineering Co., the world's second-biggest shipbuilder by sales, said Tuesday it has won an orde...
Park Ye-seon  |  2018-12-18 14:20
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Listed firms' earnings growth to slow down in 2019: data
The operating income growth of major South Korean listed companies is expected to slow down next year because of unfavorable globa...
Park Ye-seon  |  2018-12-18 14:14
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