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Warm Winter Alters Public Life

Kim Mi-ra, a 58 year old businesswoman in Seoul, has not worn a thick and heavy padded coat this winter. She has so far preferred a thin woolen overcoat or a light jacket. "A heavy padded coat with mufler and ... Read More

Incheon Airport Sees Largest No. of Passengers

A record number of travelers crowded incheon International Airport on Jan. 3, the first sunday of the new year. According to Incheon International Airport Corporation, 87,067 passangers were scheduled to arrive at the terminals. In total, there were 176,432 passengers ... Read More

S. Korea-China FTA Ratified by S. Korean Parliament

The South Korean parliament on Monday approved the nation's free trade agreement with China. The parliamentary ratification came about six months after the leaders of the two countries signed the deal and made it possible for the pact to take effect ... Read More

BOK to Continue Monetary Easing Policies in 2016

Bank of Korea Governor Lee Ju-yeol says the central bank will continue its monetary easing policies to maintain the trend of economic recovery next year. In his New Year’s message on Thursday, Lee said he expects the economy to recover gradually ... Read More

Berproduksi, Perusahaan Batu Bara Korsel Siap Lepas 51% Saham

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Debt is Korea’s Biggest Economic Problem : FSC

By Chung Joo-won Financial services commission chairman Yim Jong- Yong pinpointed household debt and corporate debt as the biggest potential problems for the Korean Economy, calling for “fierce reform” to guard against it. “The debt problem, (particularly) household debt and ... Read More

E-Mart Open First Outlet in Vietnam

By Sohn Ji-Young, E-Mart  said Monday it has opened its first outlet in Vietnam, with aims to expand its presence across the Southeast Asian region in the years to come. The discount store chain operated by Korea's retail giant Shinsegae will ... Read More

Facebook most popular social media tool in Korea

Facebook is the most popular social networking service in South Korea this year, a poll showed Tuesday, outpacing other global and local platforms.According to a survey by market researcher DMC Media on 780 SNS users aged between 19 and 59, ... Read More