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Korean banks’ net profit from overseas branches down 15% in 2022 매일경제 · 12:12
South Korean commercial banks have seen assets of their overseas branches grow by more than 10 percent last year on the back of their global reach. According
Uncertainty surrounds extension of Korea’s debt workout law 매일경제 · 11:54
South Korean financial and law authorities are at odds over the extension of the Corporate Restructuring Promotion Act, which is set to expire in October. Th
Poland rises as Korea’s emerging partner for batteries, defense, nuclear plants 매일경제 · 11:48
South Korea’s President Yoon Suk Yeol will begin his state visit to Poland on Wednesday, local time, following his attendance at the North Atlantic Treaty O
POSCO partners with Seoul to build circular economy 매일경제 · 11:36
The “I-SEOUL-YOU” sculptures that were installed in various parts of Seoul during the tenure of former Seoul Mayor Park Won-soon will be recycled into stee
Korean drug makers expand active pharmaceutical ingredient production facility 매일경제 · 11:24
Major pharmaceutical companies in South Korea are aggressively expanding their active pharmaceutical ingredient (API) production facilities as they seek to r
Korea raises subway, bus fares after 8 years of freeze to reduce losses 매일경제 · 11:15
The Seoul Metropolitan Government has decided to raise bus fares by 300 won ($0.23) and subway fares 150 won, seven months after announcing the plans as fare
Korea drops out from top 10-largest economies on slow growth, strong dollar 매일경제 · 11:09
South Korea’s economy dropped outside the world’s top ten largest rankings in 2022, primarily due to sluggish growth and a strong dollar. According to the ...
Korea’s Hanssem to replace CEO to cope with struggling performance 매일경제 · 10:57
Hanssem Co., South Korea’s No. 1 kitchen and interior furniture company, has decided to replace its chief executive officer (CEO) to create a breakthrough i
Korea’s household debt hit record with a rise of $5.4bn in June mortgages 매일경제 · 10:51
South Korea’s household debt in May saw the largest growth in one year and nine months as mortgage loans have increased with a rebound in the real-estate m
Former Samsung Electronics president says crisis should be dealt and overcome 매일경제 · 10:45
Crisis should be faced, not backed down, and overcome, urged Koh Dong-jin, former president and chief executive officer at Samsung Electronics Co. “There is...
LG Electronics to focus on platform, B2B, future industries: CEO 매일경제 · 10:36
South Korea’s LG Electronics Inc. will reorganize its business portfolio to achieve 100 trillion won ($78.5 billion) in sales by 2030, said its Chief Execut...
Korea to enhance working conditions for seafarers on labor shortage in industry 매일경제 · 10:21
The South Korean government is taking immediate action to enhance employment conditions in the shipping industry to boost the income and welfare of Korean se
Korea’s Celltrion Group speeds up merger of three listed companies 매일경제 · 10:09
South Korea’s Celltrion Group is accelerating the merger of three listed companies, Celltrion Inc., Celltrion Healthcare Co., and Celltrion Pharm Inc., foll
Samsung Electronics reveals Scope 3 emissions, with 101 tons from consumer goods 매일경제 · 10:03
Samsung Electronics Co. has unveiled its first-ever disclosure of Scope 3 greenhouse gas emissions, which represent the indirect emissions, and were found to
[Herald Interview] 'Broadway needs to find ways to welcome new audiences' 코리아헤럴드 · 09:55
K-Musical Market was launched in 2021 with the support of the Ministry of Culture, Sports and Tourism and the Korea Arts Management Service to promote Korean

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