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Malaysia, Indonesia Bentuk Dewan Penghasil Sawit

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North and South Korea to hold talks next week

South Korea has confirmed it has accepted an offer from North Korea to hold talks next week. The talks, to be held at the Panmunjom truce village, will set the stage for high-level meetings which were agreed in principle in ... Read More

Government to build new highway by 2025

The South Korean government said Thursday that it will build a new highway linking Seoul and the country's administrative capital by 2025 in a bid to reduce traffic congestion on existing roads. At a meeting of economy and finance-related ministries, ... Read More

Trade Ministry Holds Meeting to Discuss Ways to Boost Exports

The Ministry of Trade, Industry and Energy has held a meeting with corporate representatives to discuss ways to boost exports and to nurture the consumer goods industry. Monday's meeting was a follow-up to last week's export promotion meeting presided over by ... Read More

ASEAN food fair to be held next week

By Rachel Lee The ASEAN-Korea Centre will present the food and culinary culture of the region at Coex in Seoul on Nov. 18-21. The "2015 ASEAN Fair: Touch & Taste ASEAN," has been organized with "Food Week Korea 2015." It ... Read More

World Bank Ranks South Korea as 4th Best Place to Do Business

South Korea has placed fourth in the World Bank's annual ranking of countries in terms of their ease of doing business. In the World Bank's "Doing Business 2016" report released Tuesday, South Korea ranked fourth among 189 economies and selected ... Read More

S. Korea’s Overseas Direct Investment Increases 17%

South Korea’s overseas direct investment increased 17 percent this year. According to data by the Finance Ministry, the country's overseas direct investment reached 27-point-05 billion U.S. dollars in the first nine months of the year, up 17-point-one percent year-on-year. Investment ... Read More

S. Korea Biggest Ramen Consumer in the World

South Koreans consumed the largest amount of instant ramen noodles per person in the world last year. According to data by the Ministry of Agriculture, Food and Rural Affairs, a South Korean consumes 76 packages of instant noodles on average ... Read More