News
World Korean Business Convention 15th Opened in Jeju
World Korean Business Convention which gathers businessmen from South Korea in the foreign and domestic businessmen in one place held in Jeju on Tuesday (27/09/2016). World Korean Business Convention held every year since 2002. In this year's event which was ... Read More
Prosecutors seek warrant to arrest Lotte Group chairman over corruption
SEOUL, Sept. 26 (Yonhap) -- A warrant is being sought to formally arrest the chief of the embattled South Korean retail giant Lotte, prosecutors said Monday, as the high-profile corruption probe into the country's fifth-largest conglomerate nears its conclusion. The ... Read More
Hanjin to be Dismissed Due to Total Loan Continues to Swell
Hanjin Group and financial authorities provide financial support to resolve problems that originated from bankrutnya company Hanjin Shipping. The number of vessels that can not be operated because of lack of funds to release the ship from the 'confiscation' by ... Read More
More Than 500 Bln Won Evaded in Customs Duty, 55% by Multinational Firms
A South Korean lawmaker claimed on Thursday that a significant portion of evasion of customs duties in the country is being committed by multinational companies based overseas. According to data submitted by the Korea Customs Service(KCS) to Saenuri Party Rep. ... Read More
S. Korea’s Per Capita GDP to Reach $30,000 in 2018
A parliamentary report shows that South Korea’s per capita gross domestic product(GDP) is expected to reach the 30-thousand dollar threshold in 2018. The National Assembly Budget Office(NABO) said on Tuesday that the country’s GDP per person, which was 27-thousand-214 dollars in ... Read More
S. Korea, US to Discuss Legal Basis for Higher Tariffs
The Seoul-Washington FTA committees from both sides will meet to discuss the amended U.S. trade act, which the U.S. is using to impose higher tariffs on South Korean imports. South Korea's Ministry of Trade, Industry and Energy said the meeting ... Read More
Ekspor Timah RI Turun 10 Ribu Ton Tergerus Produk Myanmar
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