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Mask mandate on public transportation to end Monday Number of working Koreans aged 60 and above more than doubles in 10 years Whisky sales at E-Mart outlets exceed soju sales in Jan.-Feb. period U.S. B-1B strategic bomber returns to S. Korea as N.K. fires missile S. Korean exports to Japan to rise if ties normalize: report
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Mask mandate on public transportation to end Monday

March 19, 2023

Number of working Koreans aged 60 and above more than doubles in 10 years

March 19, 2023

Whisky sales at E-Mart outlets exceed soju sales in Jan.-Feb. period

March 19, 2023

U.S. B-1B strategic bomber returns to S. Korea as N.K. fires missile

March 19, 2023

S. Korean exports to Japan to rise if ties normalize: report

March 19, 2023

Yoon, Japan’s Kishida to hold summit Thursday

BusinessMarch 14, 2023 admin

President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida will hold a summit in Tokyo on Thursday, his office said. The summit, which will be followed by a dinner, will be held on the first day of Yoon’s two-day visit to Japan, national securi…

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(LEAD) Volvo targets 20 pct sales growth in S. Korea this year

BusinessMarch 14, 2023 admin

Volvo Car Korea Co. said Tuesday it is targeting a 20 percent on-year sales growth this year helped by electric models. The Sweden-based carmaker sold a total of 14,431 vehicles in Asia’s fourth-biggest economy in 2022, down 4 percent from 15,053 unit…

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Finance ministry calls for passage of tax bill for chipmakers

BusinessMarch 14, 2023 admin

South Korea’s finance ministry on Tuesday called for the passage of a revised tax bill centering on providing more incentives for chipmakers, claiming Asia’s No. 4 economy should not miss the “golden hour” to revitalize the chip industry. In January, …

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Hyundai Motor in process to acquire GM plant in India

BusinessMarch 13, 2023 admin

SEOUL, March 13 (Yonhap) — Hyundai Motor Co., South Korea’s leading carmaker, said Monday it is in the process of acquiring General Motors Co.’s car manufacturing facility in India.Hyundai Motor has signed a term sheet with GM to take over the U.S. ca…

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S. Korea approves plans to buy F-35A fighters, SM-6 interceptors

BusinessMarch 13, 2023 admin

SEOUL, March 13 (Yonhap) — South Korea endorsed major defense projects Monday to purchase an additional batch of F-35A stealth fighters and shipborne Standard Missile-6 (SM-6) interceptors, the state arms procurement agency said, in a move to reinforc…

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LGES CEO leaves for China for EV battery biz: source

BusinessMarch 12, 2023 admin

SEOUL, March 12 (Yonhap) — Kwon Young-soo, chief of LG Energy Solution Ltd. (LGES), embarked on a business trip to China on Sunday to check on its electric vehicle (EV) battery plant in China, according to an industry source.During the five-day trip, …

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BTS’ J-Hope debuts at No. 37 on British Official Singles Chart

BusinessMarch 11, 2023 admin

SEOUL, K-pop superstar J-Hope’s new digital single “on the street” has entered the British Official Singles chart.According to the chart updated Friday (British time), the song debuted at No. 37 on the Official Singles Chart Top 100, a notch down from …

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Finance minister calls for U.S. cooperation in IRA guidance on critical minerals

BusinessFebruary 26, 2023 admin

SEOUL– South Korean Finance Minister Choo Kyung-ho has called for U.S. cooperation to reflect Seoul’s request in the upcoming U.S. guidance on critical minerals and battery component requirements of the Inflation Reduction Act (IRA), the finance minis…

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Consent for opposition leader arrest set to be reported to Assembly

BusinessFebruary 24, 2023 admin

SEOUL– A motion requesting parliamentary consent to opposition leader Lee Jae-myung’s arrest was set to be reported in the National Assembly on Friday in the last step ahead of a vote on the motion next week.Lee, chairman of the main opposition Democr…

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Seoul shares nearly flat late Fri. morning

BusinessFebruary 24, 2023 admin

SEOUL– South Korean stocks traded nearly unchanged late Friday morning amid caution over the United States’ monetary policy direction to curb inflation.The benchmark Korea Composite Stock Price Index (KOSPI) had added 2.71 points, or 0.11 percent, to …

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Latest Posts

  • Mask mandate on public transportation to end Monday March 19, 2023
  • Number of working Koreans aged 60 and above more than doubles in 10 years March 19, 2023
  • Whisky sales at E-Mart outlets exceed soju sales in Jan.-Feb. period March 19, 2023
  • U.S. B-1B strategic bomber returns to S. Korea as N.K. fires missile March 19, 2023
  • S. Korean exports to Japan to rise if ties normalize: report March 19, 2023
  • Flight passengers to Japan jump this year on eased travel rules, weak currency March 19, 2023
  • BTS member Jimin’s single tops iTunes charts in 110 countries March 18, 2023
  • (LEAD) Economic slowdown persists on weak exports, biz sentiment: finance ministry March 17, 2023
  • (LEAD) Economic slowdown persists on weak exports, biz sentiment: finance ministry March 17, 2023

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  • Number of working Koreans aged 60 and above more than doubles in 10 years March 19, 2023

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