Archive by category Business

AREX, primary transport from airport to Seoul
AREX, primary transport from airport to Seoul

Airport Railroad Express has become one of the most used means of transport between Incheon International Airport and Seoul among foreign tourists in Korea, …

K-water seeks to address Asia’s water scarcity
K-water seeks to address Asia’s water scarcity

K-water said it aims to take the lead in tackling Asia’s water scarcity in partnership with member nations of the Asia Water Council, an organization that …

[Market Now] Risks of KAI value decline abate
[Market Now] Risks of KAI value decline abate

Given that concerns are falling over the possibility of the Korea Aerospace Industries share price further declining following massive block equity sales from …

Sony launches world’s smallest portable speaker
Sony launches world’s smallest portable speaker

Sony launched three new additions to its h.ear audio accessory lineup, including the world’s smallest portable speaker h.ear go, in Seoul on Tuesday. The …

[Newsmaker] Mr. Pizza chairman apologizes, but public remains icy
[Newsmaker] Mr. Pizza chairman apologizes, but public remains icy

The chairman of MPK Group, which runs the Mr. Pizza chain, issued an official apology Monday night on the company‘s website in response to public outcry over …

[KOSPI Watch] After brief rebound, banks to continue poor performance
[KOSPI Watch] After brief rebound, banks to continue poor performance

Local commercial banks outperformed the benchmark Korea Composite Stock Price Index last week, thanks to a recent regulatory decision that is positive for …

[Graphic News] Foreign tourists spend most on shopping
[Graphic News] Foreign tourists spend most on shopping

Foreign tourists spend over half of their travel expenses in Korea on shopping, according to government data on Sunday. Out of the total 10.4 trillion won …

Lotte E&C under tax investigation
Lotte E&C under tax investigation

Lotte Engineering & Construction, a construction arm of Lotte Group, confirmed Monday that it is being investigated by the National Tax Service. The tax …

M&A inevitable for tech sector convergence
M&A inevitable for tech sector convergence

The continuing convergence of industries — with new technologies impacting everything from production to services — is set to accelerate dealmaking …

Samsung Bioepis files lawsuit against AbbVie on Humira patents
Samsung Bioepis files lawsuit against AbbVie on Humira patents

South Korean biosimilar developer Samsung Bioepis has filed a lawsuit against the original maker of the world’s top-selling rheumatoid arthritis drug Humira …

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