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South Korea’s Q4 GDP shrinks 0.4% on weak private spending 매일경제11:30The South Korean economy shrank 0.4 percent in the fourth quarter from the previous quarter to post negative growth for the first time since the second quart
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POSCO launches task force to deal with slowing steel demand 매일경제11:15POSCO Holdings Inc. launched a task force, led by Vice Chairman Kim Hag-dong, for its steel operations as concerns of a global recession could slow demand, a
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South Korea’s expected inflation up in Jan. amid hike in utility fees 매일경제11:06South Korean consumer expectations for the inflation rate in the following year rose to 3.9 percent in January amid high inflation sparked by a rise in publi
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Samsung C&T to build modular manufacturing facility in Saudi Arabia 매일경제11:00Samsung C&T Corp., a construction and engineering firm under South Korea’s Samsung Group, will join hands with Saudi Arabia’s sovereign wealth fund to buil
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Korean banks to normalize business hours from Jan. 30 despite union opposition 매일경제10:45Commercial banks in South Korea will normalize operation hours to pre-pandemic levels from Jan. 30 despite fierce opposition by union workers that have threa
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KOTRA’s AI platform “Dream” helps SMEs go overseas 매일경제10:39An online platform “Dream” developed by Korea Trade-investment Promotion Agency (KOTRA) that provides offshore market information has been serving as a fro
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Manufacturing sectors run by South Korea’s SMEs face labor shortages 매일경제10:30Manufacturing sites run by small- and mid-size enterprises (SMEs) in South Korea are struggling to stay afloat as they suffer from labor shortages and aging
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South Korean battery makers speed up recycling business in U.S. ahead of IRA 매일경제10:24South Korean battery majors are realigning their battery waste recycling business by investing in a U.S. firm or forging joint ventures to benefit from Washi...
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