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Hyundai, Kia sales to remain on growth track next year despite downturn 매일경제13:48Despite challenges in the global automobile industry amid economic downturn, South Korea’s two leading auto brands Hyundai Motor Co. and Kia Corp. are expec
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South Korea’s automakers, import car dealers offer discounts at year-end 매일경제13:33South Korea’s major automakers and imported car dealers are planning large promotions at the end of the year, as demand for new cars slowed amid soaring int
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Taekwang Group to invest almost $10 billion through 2032 매일경제13:27Taekwang Group will spend nearly $10 billion over the next 10 years to grow its textile manufacturing to financial service businesses. The investment will fo
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Ready for China’s slow growth, persistent high interest: Harvard Rogoff 매일경제12:54South Korea will inevitably have to rethink its growth strategy that currently relies heavily on its No. 1 trade partner China because the world’s second la...
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Korean SMEs at risk of bankruptcy rise to pre-pandemic levels 매일경제12:48The number of small and medium enterprises at risk of insolvency in South Korea is set to return to the pre-pandemic levels as government subsidy and bank lo
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LGES to invest $3.07 bn to ramp up cylindrical battery output in Korea 매일경제12:45South Korean battery maker LG Energy Solution (LGES) will invest 4 trillion won ($3.07 billion) in ramping up cylindrical battery production at home in a pre
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Daegu relaxes major supermarket chain’s weekend closure mandate 매일경제11:48Daegu Metropolitan City has become South Korea’s first metropolitan city to abolish the country’s mandatory weekend supermarket shutdown rule that first to
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S. Korea’s Yoon gov’t vows to achieve $40,000 GDP per capita by 2027 매일경제11:30The South Korean government will strive to bump up the country’s gross domestic product (GDP) per capita to $40,000 by 2027 through reforms of the country’
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Samsung chief Lee to meet Vietnam’s president for possibly new investment 매일경제11:24Samsung Group chief Jay Y Lee this week will visit Vietnam, No. 1 producer of Samsung smartphones, and meet the Southeast Asian country’s president to discu
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S. Korea’s former Moon gov’t in controversy over housing policies 매일경제10:33The housing policies of South Korea’s former President Moon Jae-in government are now at the center of the country’s political strife, deepening the chasm ...
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