Archive by category Business

Political risks increasing to economic reform
Political risks increasing to economic reform

At a Cabinet meeting a day before Wednesday’s general election, President Park Geun-hye urged voters to cast their ballots to form a “new National Assembly …

Doosan Infracore rebounding on expanded sales
Doosan Infracore rebounding on expanded sales

Doosan Infracore, a loss-making construction equipment maker, is witnessing an improvement in its business on the back of increased sales in China and other …

Korean market for insomnia drugs grows on rising patients
Korean market for insomnia drugs grows on rising patients

The Korean market for insomnia medications is growing at a fast clip as more people complain of sleep disorders, industry sources said Thursday. According to …

Corporate tax increase sparks debate
Corporate tax increase sparks debate

Korea’s corporate tax revenue is projected to surpass the government-set target of 46 trillion won ($40.2 billion) this year, breaking a previous record of …

[Newsmaker] Abusive moguls face growing public pressure
[Newsmaker] Abusive moguls face growing public pressure

Business tycoons will soon come under closer watch, as political parties and civic groups are seeking to strengthen monitoring and regulation of their …

‘Half of Korean biotech, pharma firms make no sales’
‘Half of Korean biotech, pharma firms make no sales’

Around half of South Korean biotechnology or biopharmaceutical companies currently do not generate any sales, according to a recent report by the Korea …

‘Imitation spurs innovation’
‘Imitation spurs innovation’

In the ever-evolving technology industry, companies build on each other’s ideas and continue to reinvent themselves. But tech giants Samsung and Apple are …

Hanjin speeds up leadership succession
Hanjin speeds up leadership succession

Hanjin Group, the parent company of the nation’s largest air carrier Korean Air, appears to be speeding up a generational shift in its leadership by …

Korean automobile exports down 10.8% in Q1
Korean automobile exports down 10.8% in Q1

Korea’s automobile exports dropped 10.8 percent in the first quarter from a year earlier due to weak demand from emerging countries, according to data and …

[Exclusive] Samsung’s Enbrel biosimilar wins supply deal in Denmark
[Exclusive] Samsung’s Enbrel biosimilar wins supply deal in Denmark

Samsung Bioepis’ Enbrel biosimilar won a supply deal from Denmark’s drug procurement agency Amgros on Tuesday, becoming the priority etanercept drug used …

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