SEOUL– South Korea’s trade minister said Thursday the government will provide more incentives to overseas businesses investing in high-end industries playing key roles in the supply chain, as the country aims to attract more investment amid economic u…
SEOUL– Yanolja Co., a leading South Korean travel platform operator, said Thursday it has been tapped as the first Korean startup to join the United Arab Emirates’ startup incubator as a member.Yanolja joined the Global Unicorn Center in Dubai as a me…
SEOUL– More than half of European companies based in South Korea intend to increase investment this year from last year, with nearly every seven out of 10 showing satisfaction in doing business here, a poll showed Thursday.Fifty-five percent of the co…
SEOUL– The head of the Korea Chamber of Commerce and Industry (KCCI) will visit Europe next week as a special presidential envoy to promote South Korea’s campaign to host the 2030 World Expo in Busan, the business lobby said Thursday.Chey Tae-won will…
SEOUL– The Korean music industry has expanded its foray into the global market with well-trained idols and their devoted fans, and now it is venturing into the virtual space with a new breed of idols.Non-humans, hyper-real avatars made with artificial…
SEOUL– South Korea said Thursday it has set this year’s export target at US$685 billion, little changed from last year’s achievement in the face of external challenges.In 2022, Asia’s No. 4 economy saw its outbound shipments rise 6.1 percent on-year t…
SEOUL– South Korea’s central bank on Thursday kept the benchmark interest rate unchanged for the first time in 10 months as worries are growing that aggressive monetary tightening could hurt economic growth.The Bank of Korea (BOK), however, noted that…
SEOUL– Rep. Kim Gi-hyeon of the ruling People Power Party (PPP) widened the lead over his biggest opponent in the race for party leader, Rep. Ahn Cheol-soo, a poll showed Thursday.In the survey of 1,004 adults, including 413 PPP supporters, conducted …