Most Popular
-
1
Torrential rainfall forces 1,500 to evacuate, causes widespread damage to homes, roads
-
2
Over 82,000 Korean young people unemployed, not searching for job long-term
-
3
40% of Korea's workers who reported bullying faced retaliation: survey
-
4
[KH Explains] Can smart chargers ease tensions over EV fires?
-
5
600 evacuated as heavy rain floods roads, homes in southern regions
-
6
1 in 5 households to have breadwinner over 80 in 30 years
-
7
New Fifty Fifty off to strong start
-
8
[Weekender] Young Koreans more open to Japanese cultural products
-
9
Evicted guest burns down inn; 3 killed
-
10
Assembly to review disputed appointment of national soccer team coach
-
[Newsmaker] Tesla may have limited effect on Korean market
Despite anticipation that Tesla Motors might make inroads in South Korea this year, the American electric vehicle maker might fail to capture significant market share due to its high prices, industry watchers said Thursday. Tesla will reportedly open flagship stores in Korea, with one in shopping mall Starfield in Hanam, a southeastern satellite city of Seoul, and the other possibly in Gangnam, southern Seoul. “Tesla’s presence in Starfield Hanam is confirmed. It may open the store at the end of
MobilityAug. 4, 2016
-
HMM set for new management
Korea’s second-largest shipper Hyundai Merchant Marine will be off to a fresh start as a subsidiary of the Korea Development Bank, ending the 40-year-long ties with conglomerate Hyundai Group after struggling the restructuring plan. Having the largest shareholder change from Hyundai Group to the state-run policy bank, the shipper will list the new stocks on Friday, after wrapping up the months-long restructuring plans. Last month, Hyundai Group lost control over the shipper as the shareholders a
IndustryAug. 4, 2016
-
POSCO Daewoo to supply $150m in materials to Indonesian dockyard
POSCO Daewoo, a subsidiary of steelmaker POSCO, will supply materials and equipment worth $150 million to a state-run Indonesian dockyard to build large vessels, the company said Thursday. POSCO Daewoo and Indonesia’s largest state-run shipyard PT Penataran Angkatan Laut inked a memorandum of understanding Wednesday over providing equipment needed for building 10 patrol ships and one logistics support ship. The 11 ships will be taken over by the Indonesian government once they are built. Since 2
IndustryAug. 4, 2016
-
Net lending of public sector up 94% in 2015
The net lending of South Korea's public sector jumped 94 percent on-year in 2015, posting a surplus for the second straight year, the country's central bank said Thursday.Net lending -- which refers to total revenue minus total expenditures -- came to 33.8 trillion won ($30 billion) in 2015, compared with 17.4 trillion won from a year earlier, according to preliminary data from the Bank of Korea. The bank said total revenue of the general government sector and public corporations reached a recor
Aug. 4, 2016
-
Korea's custom agency uses QR code for exports
The customs agency on Thursday said it has begun to use QR codes for South Korean goods cleared for e-commerce exports in the latest move to enhance the credibility of the goods and prevent the spread of knockoffs.The Korea Customs Service said it began to provide QR codes to logistics companies via their computer network earlier in the day so that logistics companies can print out commercial invoices with QR codes and stick them on packages.Foreign buyers can scan QR codes -- a type of matrix b
IndustryAug. 4, 2016