Archive by category Business

[News Analysis] Samsung’s TV reign faces challenges
[News Analysis] Samsung’s TV reign faces challenges

South Korean tech giant Samsung Electronics has added a new chapter to the history of the global TV market as it topped the segment last year for the 10th …

Korea’s FM to attend UN human rights, disarmament conference in Geneva

South Korea’s foreign minister will attend the U.N human rights council session and disarmament conference in Geneva as the country joins others in …

Samsung tops global TV market for 10th year

Samsung Electronics Co. dominated the global TV market for the 10th consecutive year in 2015, data showed Tuesday, on the back of the strong performance of its …

Korean consortium wins $9.6 mln construction deal in Bolivia

A South Korean consortium clinched a $9.6 million urban development deal in Bolivia, the country’s Land Ministry said Tuesday, paving the way for the export …

Korea’s GDP per capita narrows gap with Japan

South Korea has closed the economic gap with Japan as its per capita gross domestic product has neared the level of its neighbor, mainly due to the currency …

Wage gap by corporate size widens in 2015

The wage gap between small and medium enterprises and conglomerates in Korea expanded on-year in 2015, data showed Tuesday, reflecting the growing imbalance in …

SK chief’s daughter serving in unit defending South Korea’s NLL

The daughter of the chairman of SK Group, South Korea’s third largest business conglomerate, is serving with a naval unit defending South Korea’s …

Hotel Shilla to open duty-free shop in Thailand

Hotel Shilla Co., an affiliate of South Korea’s top conglomerate Samsung Group, said Tuesday it plans to open a duty-free shop in downtown Bangkok, …

Korea’s exports decline for 14th straight month
Korea’s exports decline for 14th straight month

Pinched by weak overseas demand and low oil prices, South Korea’s exports plummeted 12.2 percent in February compared to the same month a year before, …

Chinese tourists spending more in Seoul thanks to instant tax refunds

Chinese tourists in South Korea spent more in the country following the introduction of an on-the-spot tax refund system, local data showed Tuesday. Since …

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