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Transit passengers from select countries from Sunday can enter South Korea without a visa, and this waiver from May 15 will apply to a wider range o...

South Korean leading luxury hotel and retail operator Hotel Shilla is challenging its crosstown rival Lotte, the dominant player in the country&rsqu...

South Korea’s Government Employees Pension Service (GEPS) is set to inject 100 billion won ($74.7 million) to make its first investments in gl...

South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE) and Samsung Heavy Industries (SHI) posted good performance in the firs...

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., announced on Thursday it has signed an a...

ULSAN – SK Gas Ltd. South Korea’s leading liquefied petroleum gas (LPG) supplier, is set to spend $1.5 billion on liquefied natural gas ...

South Korea's Ministry of Science and ICT announced on Thursday that it will support the export of 100 small- and medium-sized enterprises (SMEs) in...

South Korea and the United States have agreed to jointly invest $60 million in the exchange of young professionals in the field of science and techn...

Starting from May 1, South Korea's travelers who have no items to declare to customs upon entry will not have to fill out a customs declaration form...

WASHINGTON, D.C. – Tesla Inc. Chief Executive Elon Musk said on Wednesday that South Korea is still among its top candidates to build another ...

Kolmar Korea, a supplier to global cosmetics brands such as Estee Lauder, has unveiled a new paper stick container made from mineral paper that is c...

South Korea’s undersea cable company KT Submarine Co. said on Thursday that it has signed a 9.2 billion won ($6.85 million) contract with Japa...

South Korea’s Fair Trade Commission (FTC) on Thursday gave its nod for Hanwha Group’s 2-trillion-won ($1.45 billion) takeover of Daewoo ...

Dongwon Group has canceled its bid to take over McDonald's franchise in South Korea."We reviewed the takeover of McDonald's Korea but our conclusion...

Korean Air Lines Co. and Asiana Airlines Inc. are set to increase award seats while revising their membership terms and conditions to help customers...

  South Korea’s major information technology parts makers like Samsung Electro-Mechanics, LG Innotek and LG Display Co. suffered huge dr...

South Korea’s online fashion platform Musinsa has partnered with the Walt Disney Company Korea, a Korean unit of the global entertainment...

The South Korean Ministry of SMEs and Startups announced on Thursday that it has signed a business agreement with global certification agency UL Sol...

The decline in consumption by 20-somethings due to benchmark interest rate hikes is over eight times greater than those in their 60s.Analysts blame ...

Kia Corp., the smaller sibling of South Korea’s largest automaker Hyundai Motor Co., presented a rosy earnings outlook for the second quarter ...

SoluM Co., a South Korean mid-sized electronic component maker, said on Wednesday that it signed an agreement with PetroVietnam Power Corporation, a...

Foreign companies investing in the fields of semiconductor, display and secondary batteries, which are part of South Korea's national strategic tech...

South Korea's expected inflation has hit a record low of 3.7% in 11 months in April 2023. While the consumer price index rose by 4.2% last month, wh...

South Korean small- and medium-sized enterprises (SMEs) expanded their exchange and cooperation with US firms during President Yoon Suk yeol's state...

In a country like South Korea with few natural resources to run its economy, innovations or brilliant business ideas are crucial to its survival.It ...

Global luxury brand Louis Vuitton will premiere a fashion show in Seoul this weekend, expecting to attract leaders from the global fashion, culture ...

Foreign visitors to South Korea show different purchasing preferences by nationality, a survey found. A majority of Chinese travelers' top picks are...

South Korea's births fell to a fresh low in February in 2023. The number of deaths decreased, but the population continued to decline naturally for ...

South Korea and European aircraft maker Airbus Group will open a technology research center in the country and discuss boosting cooperation in suppl...

SK Inc., SK Innovation Co. are partnering with Korea Hydro & Nuclear Power Co. (KHNP) and TerraPower,  a US small modular reactor (SMR) des...