Clik here to view.
Investors Flocking to Bond Funds
Safe FundsIt has been found that the net asset of bond funds in Korea hit a record high with an increasing number of investors preferring risk-free investment in order to avoid uncertainties in the...
View ArticleClik here to view.
Korean Workers Recorded Relatively Lower Level of Labor Productivity
22nd among OECD MembersOn February 23, the OECD released a report on job quality by country. According to the report, Korean workers recorded an average hourly income of US$14.6 in 2013 on a purchasing...
View ArticleClik here to view.
Sales of Diesel Cars Surpassed Half of Total Vehicles Sold in Korea Last Year
Still High PopularityThe Korea Automobile Manufacturers Association announced on February 23 that a total of approximately 1.83 million vehicles were newly registered in Korea last year and 962,127 out...
View ArticleClik here to view.
LG Joins Hands with Intel to Develop 5G Telematics Technology
5G Telematics CooperationLG Electronics and Intel are collaborating to research and develop “fifth-generation (5G)-based telematics technology,” the next generation of wireless technology for...
View ArticleClik here to view.
Doosan Bobcat to Go Public in Aug.
For Financial SoundnessDoosan Infracore, South Korea’s largest construction equipment maker, plans to list Doosan Bobcat, its small construction equipment-making affiliate, on Korea’s stock exchange...
View ArticleClik here to view.
China Recruiting Skilled Workers from Korean Semiconductor Manufacturers
Brain Drain to ChinaAccording to industry sources, the Ministry of Trade, Industry & Energy is currently having talks with Samsung Electronics and SK Hynix in order to deal with the brain drain of...
View ArticleClik here to view.
New Type of Cellular Senescence Accelerator Discovered by Korean Researchers
Clue to Anti-agingDr. Jang Ik-soon at the Korea Basic Science Institute and professor Yeo Eui-ju at the Medical School of Gacheon University announced on February 23 that they found PPKO (phenyl...
View ArticleClik here to view.
Shrinking Web Hard Service Industry
Declining PopularityThe web hard industry, which was once considered the best content distribution channel that allowed free trade and downloading of movies, music and TV programs, is falling into...
View ArticleClik here to view.
Facebook Orders 8,000 ‘Gear VR’ Units from Samsung Electronics
Samsung-Facebook CooperationThe world’s largest SNS provider Facebook ordered 8000 “Gear VR” units from Samsung Electronics. The order is interpreted as Facebook’s will to give a boost to the...
View ArticleClik here to view.
SK Telecom Signs Partnership Agreement with Deutsche Telekom
Global PartnershipSK Telecom announced on February 23 that the company struck a partnership deal with Deutsche Telekom and will cooperate with each other for the joint development of next-generation...
View ArticleClik here to view.
Korea Gas Corporation Signs Technical MOU with Spain’s ENA Gas
LNG Terminal OperationKorea Gas Corporation (KOGAS) has signed a memorandum of understanding (MOU) with ENA Gas Corporation at the LNG base in Barcelona, Spain, on Feb. 23 for technical partnership in...
View ArticleClik here to view.
Hyundai-KOICA Dream Center Opens in Vietnam
Overseas CSRHyundai Motor Group, South Korea’s largest automaker, said it held an opening ceremony of the Hyundai-KOICA Dream Center inside Hanoi Industrial Vocational College in Vietnam on Feb. 24....
View ArticleClik here to view.
Amount of Collective Mortgage Loans on a Rapid Increase
Detonator of Collective Loans The Bank of Korea announced on February 24 that the collective mortgage loan balance in the domestic banking sector totaled 110.3 trillion won in the fourth quarter of...
View ArticleClik here to view.
Tax-exempt Overseas Stock Funds to be Released
Tax-exempted FundA number of tax-exempt overseas stock funds are being put on the market one after another for investment in emerging markets such as China, India, Southeast Asia and Latin America as...
View ArticleClik here to view.
Korea Working Together with UAE, Saudi Arabia for Medical Services
K-Medical in Middle East The Korean government is striving to export Korea’s advanced medical technology and systems to the Middle East by means of inter-government cooperation. In this context,...
View ArticleClik here to view.
Samsung Electronics Ranks 4th amid Explosive Growth of Global Wearable Device...
Explosive GrowthMarket research firm IDC announced on February 23 that the global wearable device shipments skyrocketed by 126.9% from a year ago to 27.4 million units or so in the last quarter of 2015...
View ArticleClik here to view.
Porsche Korea Rolling On with Poor Localization Efforts
Growth without ResponsibilityThe Porsche, a luxury sports car brand of the German Volkswagen Group, is enjoying strong sales in Korea despite a slump in the Korean economy. But it is said that the...
View ArticleClik here to view.
Samsung Electronics Starts Mass Production of 256GB Chip for Smartphones
For High-end SmartphonesSamsung Electronics announced on Feb. 25 it started the mass production of a 256-gigabyte (GB) Universal Flash Storage (UFS) for their flagship smartphones.Samsung said the new...
View ArticleClik here to view.
ISS Recommend Shareholders to Oppose Marriage between SK Telecom and CJ Hello...
Against The Merger The Institutional Shareholder Services (ISS), the world’s biggest voting rights consulting company recommend investors to vote in revolt against SK Telecom’s acquisition of CJ Hello...
View ArticleClik here to view.
Korean Government to Send Large Scale Economic Delegate to Iran after...
Korea-Iran CooperationThe Korean government will restart economic cooperation channels with Iran and put a spur to Corporate Korea’s advancement into the Iranian Market by dispatching a large-scale...
View Article