korea inheritance tax

South Korean fashion company Handsome Corp. is accelerating expansion of its portfolio for licensing foreign brands.The company on Monday said it co...

South Korean food maker Daesang Corp. has started operations of the country’s largest facility for the production of allulose, a low-calorie s...

LG Energy Solution Ltd. has signed a long-term contract to receive additional refined cobalt from Electra Battery Materials Corp. in Canada, in a mo...

South Korea’s No. 1 container transportation and shipping service HMM Co., Ltd on Monday said the Carbon Intensity Indicator (CII), which meas...

Refining margins at South Korea’s four oil refiners, led by SK Innovation Co., have exceeded their break-even points after three months, a sig...

The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more than 8 trillion won ($...

South Korean pharmaceutical company Kwangdong Pharmaceutical announced on Monday that it signed an agreement for securing exclusive sales and distri...

South Korea's travel app MyRealTrip announced that it partnered with the Japanese accommodation and restaurant reservation platform Ikyu, becoming t...

South Korean medical diagnostic company NGeneBio Co. announced on Monday that it has established an artificial intelligence (AI) precision diagnosti...

South Korea’s outbound travelers spent 19.8% more in the first half of this year compared with a year ago amid a revival in overseas tourism, ...

Kia Sportage has sold more than 7 million units since its launch three decades ago, celebrating the milestone with a special edition of its fifth-ge...

Samsung Electronics Co. announced on Sunday that it launched an 89-inch Micro LED TV model in the South Korean market. This product is Samsung's hig...

South Korea's BC Card will make a full-fledged entry into the Central Asian payment market by establishing a card payment joint venture in Kyrgyzsta...

South Korean battery materials maker EcoPro Co., the stock price of which has soared more than nine times on the junior bourse Kosdaq since Januar...

South Korean private credit firm IMM Credit & Solutions Inc. will invest 30 billion won ($23.4 million) in Choil Aluminum Co., an EV battery com...

The South Korean government and the ruling party proposed longer-term tax cuts for companies that bring production back home to reinvigorate the cou...

South Korea's media and e-commerce company Brand X Corp. announced on Friday that it has established a Taiwanese corporation. The move seeks to ampl...

Nanotech startup Deepsmartech celebrated its victory Thursday at July D.Day, held on Jeju Island, a South Korean resort isle poised to become the co...

SK Chemicals Co., a South Korean chemicals maker and drug developer, said on Thursday it has signed a contract to supply diabetes medications to glo...

Foreign carmakers such as Mercedes-Benz and Tesla Inc. suffered a sales drop in South Korea in the first half of the year, as overall car sales jump...

Hyundai Motor Group, which seeks to pivot from a fast follower to a game changer in the global auto sector, has unveiled advanced materials technolo...

Alibaba.com, China’s largest online marketplace, launched an express cargo ship service between South Korea and China this week to meet a surg...

The South Korean fever for wine has cooled, with its imports down in the first half for a second straight year as the popularity of whisky among you...

SM Group has enough financial ammunition to buy the country’s No. 1 container shipping line HMM Co. but would not join the bid for the latter&...

South Korea’s leading fashion platform Musinsa said on Wednesday it has attracted 240 billion won ($189.7 million) in its Series C funding rou...

Korea Hydro & Nuclear Power (KHNP) announced on Wednesday that it has successfully developed the Technical Specification Operator Support System...

General Motors (GM) Korea on Wednesday launched the domestic sale of its new model of the small SUV Trailblazer customized for the South Korean mark...

South Korea's whisky imports surged by 50% in the first half of 2023, reaching an unprecedented peak, according to trade data the Korea Customs Serv...

South Korea has decided to challenge an international arbitration tribunal’s decision a month ago ordering the Korean government to compensate...

The economic slowdown may have diminished South Koreans’ appetite for foreign designer goods, but that doesn't mean they've closed their walle...