Archive by category Business

Samsung heir repurchases shares of C&T, Engineering
Samsung heir repurchases shares of C&T, Engineering

Samsung Group said Thursday Samsung Electronics vice chairman and heir apparent Lee Jae-yong has repurchased treasury shares of Samsung C&T and Samsung …

Strada Worldwide recognized overseas in the smart advertising industry

Strada Worldwide is a smart media solutions company that merges advertisements with information and communications technology. It creates advertisements using …

Shinsegae unveils revamped Gangnam department store

The revamped Shinsegae department store in Gangnam will officially open on Friday. The store’s concept is heavily inspired by the high-end department store …

Loans to self-employed spike at record pace in 2015
Loans to self-employed spike at record pace in 2015

Korea’s bank loans to the self-employed rose at the fastest clip ever in 2015 as they relied more on debt amid a protracted slump in domestic demand, …

Major trade body vows full support for exports
Major trade body vows full support for exports

The head of a major trade association in Korea said Thursday that his organization will make a concerted effort to help the country’s trade volume …

Korea forms task force on new energy deals
Korea forms task force on new energy deals

Korea’s public and private companies launched a joint task force Thursday to clinch new energy-related projects overseas as part of efforts to find new …

Household debt tops W1,200tr
Household debt tops W1,200tr

South Korea’s household debt in the fourth quarter last year surged at its fastest pace in nearly nine years due to cheap borrowing costs and recovery in the …

Korea to nurture SME exporters

  Korea will shift its focus from conglomerates to small and medium enterprises for reviving falling exports along with structural changes, the head of the …

Indian chamber names new secretary general
Indian chamber names new secretary general

The Indian Chamber of Commerce in Korea has named Yoon Sock-joong, a former presidential secretary and public affairs minister at the Korean Embassy in the …

Telecom rivals clash over SKT’s merger plan
Telecom rivals clash over SKT’s merger plan

Korea’s three major telecom firms — SK Telecom, KT and LG Uplus — clashed again over SKT’s controversial merger and acquisition plan Wednesday. …

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