record high exports
Scope
Date
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Korean startups
S.Korea to support exports of 100 SMEs in metaverse, XR industry
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...
Apr 27, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom, Golfzon develop AI golf platform
An artificial intelligence platform in South Korea has produced a golfing coach that analyzes and diagnoses problems in swing posture and recommends...
Apr 27, 2023 (Gmt+09:00)
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Economy
Chinese weak domestic demand causes S.Korean trade deficit: report
The Korea International Trade Association (KITA) has urged South Korea to develop a strategy to strengthen exports to China based on its market situ...
Apr 27, 2023 (Gmt+09:00)
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Earnings
Samsung bets on H2 recovery with heavy spending after record chip losses
Samsung Electronics Co. on Thursday reported its worst quarterly loss for its semiconductor business, but echoed the widely held industry view that ...
Apr 27, 2023 (Gmt+09:00)
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Economy
S.Korea’s 20-somethings tighten belts due to high interest rates: report
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 ...
Apr 27, 2023 (Gmt+09:00)
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Business & Politics
Seoul zeroes in on high tech for US business alliance
South Korean President Yoon Suk Yeol is off to a smooth start on his six-day state visit to the US this week, which is expected to pave the way for ...
Apr 26, 2023 (Gmt+09:00)
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Earnings
Kia expects stellar Q2 after reporting record operating profit in Q1
Kia Corp., the smaller sibling of South Korea’s largest automaker Hyundai Motor Co., presented a rosy earnings outlook for the second quarter ...
Apr 26, 2023 (Gmt+09:00)
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Economy
S.Korea’s births fall to record low in February
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 ...
Apr 26, 2023 (Gmt+09:00)
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Private debt
Direct lending tops private debt strategy again for Korean LPs
Direct lending, which has topped South Korean institutional investors’ private debt strategies for years, has become even more popular amid risi...
Apr 26, 2023 (Gmt+09:00)
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Earnings
SK Hynix expects second-half market recovery after record Q1 loss
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it expects the global semiconductor market to rebound in the sec...
Apr 26, 2023 (Gmt+09:00)
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Travel & Leisure
Asiana Airlines resumes Incheon-Changsha flights after 3 years
After a hiatus of over three years due to the impact of COVID-19, the flight route between Incheon, South Korea, and Changsha, Hunan, China, has res...
Apr 25, 2023 (Gmt+09:00)
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Business & Politics
S.Korean gov’t to export domestic tax service system abroad
South Korea's National Tax Service (NTS) is looking to export its world-renowned electronic tax administration system after successfully implementin...
Apr 25, 2023 (Gmt+09:00)
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Earnings
Hyundai Motor to pay quarterly dividends with record Q1 profit
Hyundai Motor Co. on Tuesday reported its largest-ever quarterly profit, which soared a whopping 86.3% from a year earlier, while unveiling a plan t...
Apr 25, 2023 (Gmt+09:00)
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Korean stock market
S-Oil’s price target falls on worsening refining margin
Yuanta Securities Korea lowered its target price for S-Oil Corp. to 100,000 won ($75) from 110,000 won on Tuesday, saying the oil refining industry ...
Apr 25, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipyards feel tailwind from emission rules
Tighter environmental rules and higher energy prices are providing tailwinds for South Korean shipbuilders, which have swept orders for eco-friendly...
Apr 23, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Botulinum toxin resistance emerges as key factor for safe use
As demand for botulinum toxin for aesthetic purposes is globally increasing, safe use of the drug has emerged as one of the most important issues in...
Apr 21, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's Kainos Medicine exports AIDS treatment technology to China
South Korean new drug developer Kainos Medicine Inc. announced on Friday that it had signed a technology transfer agreement with Chinese pharmaceuti...
Apr 21, 2023 (Gmt+09:00)
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Foreign exchange
Korean won near 5-month low despite weak dollar; outlook dark
The South Korean won fell to the weakest level in almost five months, underperforming other currencies despite a softer dollar, as sluggish fundamen...
Apr 21, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean firms applies for record-high 76,592 patents abroad in 2022
The Korean Intellectual Property Office (KIPO) on Thursday said the number of patents filed overseas by domestic companies last year set a record-hi...
Apr 21, 2023 (Gmt+09:00)
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Bio & Pharma
Export of Korean medical devices to Vietnam to be easier
South Korea's Ministry of Food and Drug Safety announced on Thursday that the public procurement regulations of the Vietnamese government, which had...
Apr 20, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom, SNU Hospital to develop AI diagnosis tool for autism
South Korea's top mobile carrier SK Telecom Co. and Seoul National University Hospital have developed an AI-powered diagnosis tool for the early det...
Apr 20, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s KOTRA to aid domestic pharmaceutical firms in Japan entry
The government-run (South) Korea Trade-Investment Promotion Agency (KOTRA) announced on Tuesday that it will hold an export consultation meeting for...
Apr 18, 2023 (Gmt+09:00)
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Automobiles
Hyundai launches marketing offensive in China with N brand
Hyundai Motor Co. will launch its high-performance vehicle brand Hyundai N in China in the second half of the year as part of its offensive on the r...
Apr 18, 2023 (Gmt+09:00)
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Culture & Trends
High- and low-income S.Koreans alike reluctant to have babies: Survey
South Koreans in low- and high-income brackets alike are unwilling to have children due to either insufficient time or money, found a recent survey ...
Apr 18, 2023 (Gmt+09:00)
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Electronics
Samsung's Bespoke Infinite appliance wins iF Design Awards
Samsung Electronics co. has received a total of 80 awards, including one gold award, in 2023 iF Design Awards, an international design competition h...
Apr 14, 2023 (Gmt+09:00)
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Chemical Industry
SK, Lotte participate in Asia's largest plastic exhibition
Major chemical companies in South Korea, such as SK Geo Centric (formerly SK Global Chemical), Lotte Chemical Corp. and Lotte Fine Chemical, are par...
Apr 14, 2023 (Gmt+09:00)
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Business & Politics
S.Korean state-run railroad companies meet Czech Minister of Transport
South Korea's state-run railway companies Korea Railroad (KORAIL) and Korea National Railway (KR) announced on Thursday that they had met with repre...
Apr 13, 2023 (Gmt+09:00)
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Korean startups
S.Korea offers major support to online overseas shipments of 100 promising SMEs
South Korea's Ministry of SMEs and Startups on Thursday said it launched an online export package program of extensive support for the entire proces...
Apr 13, 2023 (Gmt+09:00)
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Research & Development
Korean scientists publish breakthrough in high-resolution X-ray imaging
South Korean scientists led by physicist Park Yongkeun with global achievements in medical science and engineering have discovered a new X-ray imagi...
Apr 13, 2023 (Gmt+09:00)
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Business & Politics
S.Korea's online voting service company exports its techs to Kyrgyzstan
South Korea's online voting service company Kevoting announced on Wednesday that its mobile voting platform service was adopted for the local counci...
Apr 12, 2023 (Gmt+09:00)
Latest News
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