KDI: Economy Continues to See Slowdown
Written: 2019-03-11 13:01:15 / Updated: 2019-03-11 13:38:03
The Korea Development Institute(KDI) says the nation’s economy continues to witness a slowdown amid sluggish investment and export growth. The ...
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FTC Orders Revision of Unfair Regulations of English Proficiency Tests
Written: 2019-03-10 13:55:53 / Updated: 2019-03-10 14:08:06
South Korea's antitrust regulator has ordered English language proficiency test organizations to revise their unfair regulations. The ...
Spending on Education, Hobbies Increases with 52-hour Workweek System
Written: 2019-03-10 13:43:48 / Updated: 2019-03-10 14:04:02
South Korean workers' spending on education and hobbies increased last year due mainly to the implementation of the 52-hour workweek system. According ...
Job Openings in S. Korea Fall to 88-Month Low in January
Written: 2019-03-10 12:41:35 / Updated: 2019-03-10 13:58:08
Job openings in South Korea dropped to an 88-month low, worsening the country's job condition amid a growing jobless rate. According ...
S. Korea's Overseas Direct Investment Hit Record High Last Year
Written: 2019-03-08 18:29:13 / Updated: 2019-03-08 18:43:41
Overseas direct investment by South Korean firms grew for the fourth straight year and hit a record high in 2018. The Ministry of Economy and ...
Hyundai Heavy Signs Deal to Take over Daewoo Shipbuilding
Written: 2019-03-08 17:04:56 / Updated: 2019-03-08 17:10:20
Hyundai Heavy Industries on Friday signed a formal deal with the state-run Korea Development Bank(KDB) on its takeover of rival firm Daewoo Shipbuilding ...
KOSPI Down 1.31% on Friday
Written: 2019-03-08 15:46:23 / Updated: 2019-03-08 15:48:02
South Korean stocks were down Friday on news of the slowing Chinese economy. The benchmark Korea Composite Stock Price Index(KOSPI) lost 28-point-35 ...
Labor, Management of Hyundai Motor Produce Draft Agreement on Gwangju Job Project
Written: 2019-03-08 10:49:21 / Updated: 2019-03-08 15:15:24
The labor union and management of Hyundai Motor have produced a draft agreement on creating a new plant in Gwangju City that will create up to 12-thousand ...
S. Korea's Current Account Surplus Hits 9-Month Low in January
Written: 2019-03-08 09:09:19 / Updated: 2019-03-08 11:18:43
South Korea's monthly current account surplus edged up in January from a year earlier, but narrowed to a nine-month low due to slowing exports. According ...
Taxi Drivers, Kakao Agree on Rush Hour Carpooling Service
Written: 2019-03-07 17:18:38 / Updated: 2019-03-07 17:19:41
The taxi industry and Kakao Mobility have agreed to the online cab-hailing company's operation of a carpooling service. A dialogue committee ...
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