UPDATE : 2019.1.19 SAT 11:56
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Parties deliberating over bill on contract workers' safety
Rival parties on Wednesday continued their deliberation over a revised bill aimed at better ensuring contract workers' on-the-...
Cho kyung-hee  |  2018-12-27 09:49
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Ssangyong E&C wins US$750 mln orders in Singapore
Ssangyong Engineering & Construction Co. said Wednesday it has won orders worth US$750 million in Singapore to build expressways t...
Kim Sua  |  2018-12-27 09:47
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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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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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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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