Korea July exports hit record on strong chip, auto demand
South Korea’s exports hit a record high in July on strong shipments of both main products such as cars and chips, as well as new growth ones i...
Korean SMEs post record-high exports in H1
Korea’s small- and medium-sized enterprises (SMEs) have posted their highest-ever first-half exports this year. The Ministry of SMEs and Start...
The power of rubbish: Korean firms make big money from garbage
There is money to be made in garbage. Such is the growing consensus among investors as well as waste treatment companies amid tighter environmental ...
SAMG animation hits No.1 in China, LatAm; eyes 2022 IPO
South Korea-based 3D animation company SAMG Entertainment Co. is enjoying great success in China and Latin America thanks to its animation series' p...
Korea's automobile exports log double-digit growth between Jan and May
Automobile exports log double-digit growth for five straight months In May 2021, exports of automobiles nearly doubled compared to the year-earlier...
Seegene develops one-stop COVID-19 testing lab on wheels; eyes MENA expansion
South Korea-based diagnostic kit maker Seegene Inc. has developed a mobile diagnostic and testing lab that offers a one-stop solution for COVID-19 t...
Korea’s F&B exports to surpass $4.5 billion in 2021
South Korea’s food and beverage (F&B) exports set a new record in 2020 and are projected to rise even higher this year. According to Korea...
Petroleum products rebound; Korea reaches all-time high April exports
Petroleum products become driving force behind South Korea's export market Exports of petroleum products turned positive this year, driving South K...
JW Pharm exports new antibiotic substance to US
JW Pharmaceutical Co. has become the first South Korean drug maker to develop the generic version of a next-generation antibiotic substance, the med...
Chips, autos set S.Korea’s May export growth at fastest pace in 32 years
South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...
HiteJinro to export Terra beer to Hong Kong, Singapore, US
South Korea’s record-breaking Terra beer will begin exports to Hong Kong this month, and to Singapore and the United States from the latter ha...
S.Korea: 11th in global export market for top-ranked items
South Korea ranks 11th in global export market shares with 69 top-ranked items -- reaching an all-time high In 2019, South Korean products ranked 1...
K-beauty boom makes S.Korea the fourth-largest cosmetics exporter
Cosmetics industry sees continued export growth for two straight decades K-beauty has emerged as a global trend, thanks to the development of innov...
Genexine exports COVID vaccine candidate to Indonesia
Genexine Inc., one of the five South Korean pharmaceutical companies whose COVID-19 vaccine candidates have entered clinical trials, will export its...
Freight crunch pushes S.Korean export firms into crisis
Since the end of last year, countries have begun lifting COVID-19 lockdowns, driving a speedy recovery in export freight volume despite transportati...
South Korea's secondary battery exports reach all-time highs for 5 years in a row
Despite worsening economic conditions due to the COVID-19 crisis, South Korea’s secondary battery business saw a rise in its key indicators, inc...
D.CAMP ramps up support for Korean startups' foray abroad
D.CAMP, the largest non-profit foundation for startups in South Korea, plans to offer enhanced support for local startups' eyeing overseas expansion...
S.Korean mold makers target global leadership with record exports
South Korea’s die and mold industry reported another year of export growth last year, fueled by record-high volume to North America, and maint...
Regulations drive Naver to seek growth abroad
South Korean platform giant Naver Corp. is seeking growth opportunities abroad to avoid regulatory constraints that hinder its operations at home. T...
Korea remains world's 7th-largest exporter despite drop in exports
South Korea has maintained its position as the world's seventh-largest exporter despite its exports dropping by over five percent last year, accordi...
Fresh attempts to produce K-pop boy bands abroad raise eyebrows
Last month, South Korea-based Big Hit Entertainment Co. announced plans to team up with Universal Music Group to debut a K-pop boy band in the US. T...
Startups spice up Korean food export market
South Korean startups are at the forefront of the Korean food export boom as they boost global awareness of popular dishes such as spicy fermented c...
HMM, SM Line to deploy container ships to support Korean exporters
South Korea’s leading shipping companies have decided to deploy at least five container carriers on major sea routes to provide support for lo...
S.Korea's cleaning and disinfecting appliance exports soar amid COVID-19 pandemic
Increased time spent at home due to the prolonged COVID-19 pandemic has led to the rise in exports of cleaning and disinfecting appliances, including ...
Korea’s chip exports to top $100 bn in 2021, second-best performance ever
South Korea’s semiconductor exports are expected to top $100 billion this year, led by rising demand for DRAM and system chips.According to th...
Korean firms' Q4 earnings seen to jump, led by exporters
Exporters, including Samsung Electronics Co., LG Chem Ltd. and Samsung SDI Co., are estimated to have led a sharp increase in listed South Korean ...
Korea set to overtake Japan as No. 5 exporter by 2026
South Korea is set to overtake Japan and become the world’s No. 5 export powerhouse by 2026 on grounds that the country will maintain its cu...
Seoul shares break through 2,600 to hit record close
Economically sensitive stocks such as chips, steel and shipbuilding pushed the South Korean stock market to its strongest close on Nov. 23, with gro...
NPS set to up pressure on spicy Korean ramen exporter
The National Pension Service has signaled a possible exercise of shareholder rights against South Korea’s No. 3 instant noodle maker Samyang Foo...
Korean economy rebounds in Q3 on exports, challenges ahead
South Korea’s economy returned to growth in the third quarter on strong exports, marking the first quarterly expansion since the outbreak of the...
