Korea business climate

South Korean consumers have witnessed a substantial rise in complaints related to Vietjet Air and AirAsia, popular low-cost carriers used for trav...

Naver Cloud for the first time in South Korea has launched a specialized 5G mobile communications network at an apartment construction site.The comp...

South Korea's construction companies are aggressively employing state-of-the-art technologies such as artificial intelligence (AI), 3D modeling and ...

OCHANG, North Chungcheong Province -- LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, on Thursday for the ...

GOHEUNG, SOUTH KOREA -- South Korea launched its homegrown space rocket on Thursday, making its first achievement to send a satellite for com...

Kim Jee-seop, former vice president of the customer service department at Mercedes-Benz Korea, has been promoted to oversee the German automaker&rsq...

Drama & Company, the developer of South Korea’s popular cloud-based business card management app Remember, is readying its next business w...

South Korea’s largest steelmaker POSCO announced on Thursday that it has completed a specialized integrated processing facility for giga ste...

South Korea in the first quarter posted a total fertility rate (TFR) of 0.81, the lowest in history for that quarter. Because the number of bir...

South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to invest $1 billion in acquisitions of companies in the US and businesses ...

South Korea’s net international investment position (NIIP) increased in the first quarter on the country’s record-high direct investment...

South Korean game developers target overseas markets for their locally hit massively multiplayer online role-playing games (MMORPGs) to increase pro...

WASHINGTON, D.C. – South Korea has officially requested the US government to review details of the guardrail provisions in the CHIPS and Scien...

South Korean aerospace manufacturer and defense company LIG Nex1 Co. announced on Wednesday a $75 million (99.1 billion won) contract with the count...

Doosan Group companies including Doosan Enerbility Co., Doosan Fuel Cell and Doosan Fuel Cell Power will participate in the upcoming "World Climate ...

The screen of the latest Samsung Electronics smartphone series Galaxy 23 released this year has a fingerprint recognition window on the display th...

The Netherlands-based semiconductor equipment maker ASM will invest $100 million (132 billion won) to boost its R&D and production capacities in...

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, aims to develop engines for unmanned aircraft within the next decade t...

North Asia-focused private equity firm MBK Partners has put Golfzon County Co., the biggest golf course operator in South Korea, on sale at an estim...

Kakao Corp., South Korea’s mobile platform giant, targets the mobile infrastructure industry for Saudi Arabian tourism to expand its business ...

L&F Co., a major South Korean electric vehicle battery material maker, is set to spend up to 800 billion won ($608.8 million) on a factory in ...

South Korea’s largest low-cost carrier (LCC) Jeju Air Co. will make the most of the post-pandemic recovery in travel demand by exploring South...

South Korean bio-venture Cellid Co. announced on Tuesday that it has applied for the clinical Phase 3 trial of the COVID-19 Omicron variant-specific...

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 939 trillion won ($713 billion) in assets as of end...

Chairman of POSCO Group Choi Jeong-woo met with Sajjan Jindal, Chairman of JSW Steel, India's largest steel conglomerate, to discuss collaboration...

Musicow Inc. has garnered an additional 60 billion won ($45.8 million) from Seoul-based venture capital and private equity firm STIC Investments Inc...

Urban air transportation (UAM) in South Korea will open a tourism road on the country's southern coast, which is dubbed "the nation's Mediterranean ...

KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced polyvinyl chloride (PVC)...

The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive month of such pessimis...

The online pre-sale of K-pop band BTS' 10th anniversary stamp sold out early.According to the Korea Post on Wednesday, the online pre-sale of BTS' 1...