South Korea issues €1.4 billion in largest-ever euro bond sale

South Korea issues €1.4 billion in largest-ever euro bond sale

South Korea raised 1.4 billion euros ($1.6 billion) through a euro bond sale on Thursday, marking the country's largest-ever euro-denominated debt i...

RedotPay lands in Seoul with crypto cards

RedotPay lands in Seoul with crypto cards

RedotPay, a Hong Kong-based blockchain fintech company, has arrived in South Korea with its cryptocurrency-based payment cards and is poised to disr...

Korea to create new visa for high-quality foreign talent

Korea to create new visa for high-quality foreign talent

South Korea said on Wednesday it plans to create a new visa to attract high-level foreign talent for advanced industries such as artificial intellig...

South Korea mulls visa waiver for Chinese group tourists

South Korea mulls visa waiver for Chinese group tourists

South Korea is considering temporary visa exemptions for Chinese group tourists to boost the domestic tourism sector, after being spooked by the bot...

KB Kookmin Card, UnionPay to cooperate on marketing

KB Kookmin Card, UnionPay to cooperate on marketing

South Korea's KB Kookmin Card said on Tuesday it signed a memorandum of understanding (MOU) with China's UnionPay to cooperate on marketing. ...

Korean manufacturers on edge over US visa quotas

Korean manufacturers on edge over US visa quotas

A South Korean automotive parts maker, which made its inroads into the US in the mid-2010s, sharply expanded its production facilities in Alabama la...

S.Korea to allow hiring of foreign workers in hotels, resorts

S.Korea to allow hiring of foreign workers in hotels, resorts

The South Korean government said on Friday that it would grant the hiring of foreign workers in hotels and resorts from next year.The hotel and reso...

Vietnamese lead record-high foreign job growth in S.Korea

Vietnamese lead record-high foreign job growth in S.Korea

The number of foreign employees in South Korea reached an all-time high this year, with the Vietnamese leading the pack, amid rising minimum wages a...

Korea to raise unskilled foreign worker visa quota to record high

Korea to raise unskilled foreign worker visa quota to record high

South Korea is set to increase its visa quota for non-professional foreign workers to a record high and expand the sectors in which they can work to...

S.Korea to add India, Lithuania to list of nations eligible for E-9 visa

S.Korea to add India, Lithuania to list of nations eligible for E-9 visa

South Korea plans to allow non-professional workers from India and Lithuania to apply for the E-9 visa as the country struggles with a shrinking wor...

S.Korea to expand quota of foreign skilled workers to 35,000

S.Korea to expand quota of foreign skilled workers to 35,000

The South Korean Ministry of Justice announced on Monday that it will expand the quota of foreign skilled workers from the current 2,000 to 35,000.E...

S.Korea woos Chinese visitors via temporary e-visa fee exemption

S.Korea woos Chinese visitors via temporary e-visa fee exemption

South Korea has waived e-visa issuance fees through year's end for Chinese visitors on group tours.This is in response to the travel industry's re...

S.Korea to tighten immigrant investor requirements

S.Korea to tighten immigrant investor requirements

South Korea will raise the minimum requirements for the country’s investment immigration visa program amid growing controversy over foreigners...

Hyundai Card, Visa form global data alliance

Hyundai Card, Visa form global data alliance

South Korea’s Hyundai Card has launched a data analysis business with Visa. Hyundai Card on Monday said it formed a strategic business partner...

S.Korea to grant visa-free entry to transit passengers from abroad

S.Korea to grant visa-free entry to transit passengers from abroad

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...

S.Korea launches foreign worker quota exclusively for shipbuilding sector

S.Korea launches foreign worker quota exclusively for shipbuilding sector

South Korea will set a separate quota of 5,000 foreign workers to solve the labor shortage in domestic shipbuilding and accept 120,000 such workers ...

Domestic duty-free sales surpass 1 trillion won in February

Domestic duty-free sales surpass 1 trillion won in February

Domestic duty-free sales in South Korea increased by 36.7% in February compared to the previous month, due to the resumption of short-term visas for...

Samsung Pay adds Visa to overseas payment service

Samsung Pay adds Visa to overseas payment service

South Korea's mobile payment and digital wallet service Samsung Pay will allow its Visa-affiliated credit cards issued in the country to make overse...

Tourist arrival gap between S.Korea, Japan widens sharply

Tourist arrival gap between S.Korea, Japan widens sharply

Since Japan resumed visa-free travel for South Koreans in October last year, South Koreans have been flocking to the neighboring country.But the num...

S.Korea begins PCR testing of all passengers coming from China

S.Korea begins PCR testing of all passengers coming from China

South Korea on Monday implemented tougher quarantine measures on arrivals from China like a PCR test for COVID-19.Thus quarantine authorities requir...

Korea to retain more skilled foreign workers with visa status upgrade

Korea to retain more skilled foreign workers with visa status upgrade

South Korea plans to more than double the number of skilled foreign workers next year as the country is struggling with a declining workforce at its...

Air Busan offers 4 daily flights on Busan-Fukuoka route

Air Busan offers 4 daily flights on Busan-Fukuoka route

Korea's low-cost carrier Air Busan Co. from Thursday will add a daily flight to its route linking the nation's biggest port city of Busan to Fukuo...

Number of tourists to S.Korea, Japan surge on eased visa restrictions

Number of tourists to S.Korea, Japan surge on eased visa restrictions

As restrictions to traveling across national borders loosen, the number of international travelers to both South Korea and Japan have been on the ri...

Korea to increase foreign worker quota by 10,000 in 2022

Korea to increase foreign worker quota by 10,000 in 2022

South Korea is set to raise the quota of foreign workers by 10,000 this year to address labor shortage issues in the country’s shipbuilding, m...

S.Korea to ease internship visa rules for foreign talent  

S.Korea to ease internship visa rules for foreign talent  

South Korea will introduce an internship visa program for foreigners studying at overseas universities to ease a shortage of talent in the fields of...

South Korea to cut red tape, raise student quota to grow chip talent

South Korea to cut red tape, raise student quota to grow chip talent

South Korea, home to the world’s two largest memory chipmakers, said on Tuesday it will cut administrative red tape and ease the restrictive s...

US visa quotas hamstring Korean manufacturers’ US expansion

US visa quotas hamstring Korean manufacturers’ US expansion

South Korean manufacturing companies have tripled investments in building plants in the US over the past three years, but labor shortages are slammi...

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