There are increasing concerns about the future of Hyundai Motor Company, the leading company in South Korea’s automotive industry. On top of... [Jul.23,2017 10:37 KST]

The 8th 2017 Korea Halal Business Matching Fair, held at the Korea Federation of SMEs offices in Seoul’s Yeouido neighbourhood, July 20. 85 halal... [Jul.21,2017 15:10 KST]

Papago, a free artificial intelligence (AI) translation service by Naver, was officially launched on July 19. The launch is expected to result in... [Jul.19,2017 16:33 KST]

The 2018 minimum wage is being increased by 16.4%, a rate of increase more than double the 7.4% average for the past five years. The decision... [Jul.17,2017 19:05 KST]

On July 14, Samsung Electronics paid a financial incentive of 20.17 billion won (US$17.78 million) for to encourage safety and new productivity in... [Jul.17,2017 18:58 KST]

South Korea’s peak demand for electricity in 2030 will be 101.9GW, which is much lower than the 113.2GW demand that was forecast two years ago, a... [Jul.16,2017 10:59 KST]

The Korea Workers’ Compensation and Welfare Service (COMWEL) ruled yesterday that a 33 year-old worker surnamed Kim who was diagnosed with... [Jul.8,2017 15:54 KST]

Businesses are showing deep disappointment that, in their summit in Berlin, President Moon Jae-in and Chinese President Xi Jinping made no progress... [Jul.8,2017 15:52 KST]

President Moon Jae-in shakes hands with Russian President Vladimir Putin before their summit at the G-20 Summit in Hamburg, July 7. Moon asked... [Jul.8,2017 15:34 KST]

There is fierce debate in the South Korean business community about the best way to respond to retaliatory economic measures from China over the... [Jul.7,2017 16:03 KST]