South Korean drugmaker Samsung Bioepis Co. said Thursday that sales of its three biosimilar products posted a record high of $200 million in Europe during the first quarter. Combined sales of the three autoimmune biosimilars -- Benepali, Flixabi and Imraldi ... Read More
South Korea said Thursday it will inject 1.25 trillion won ($1 billion) to help cash-strapped shipping firms hurt by the global new coronavirus pandemic, which has been disrupting business activities and trade of goods. "The shipping firms are expected to ... Read More
If the impact of COVID-19 continues, four out of every 10 startups might fold up in the coming three months without remedial measures, a survey on tech startups showed April 22. According to US-based research firm Startup Genome’s survey on ... Read More
The currency swap deal between South Korea and Indonesia has been extended for another three years.The Ministry of Strategy and Finance said yesterday that the Bank of Korea and Indonesia's central bank have extended the won/rupiah currency swap deal by ... Read More
Indonesian car tire makers predict the domestic market will grow robustly this year.According to a local business Indonesia report on Monday, the market for new cars is expected to remain sluggish, while demand for replacement will be favorable.This year's tire ... Read More
With the vast spread of COD-19 across the nation, consumption rapidly dropped in February, particularly among offline businesses.According to data provided by the Korea Finance Ministry, lodges nationwide saw their revenue drop by 17.7 percent, 10.8 percent and 24.5 percent ... Read More
SEOUL, Feb. 24 (Yonhap) -- Major foreign investment banks (IBs) and economic institutes have forecast South Korea's economic growth to be below 2 percent in 2020 due to the fallout of the fast-spreading novel coronavirus. According to a recent survey ... Read More
While South Korea’s exports failed to rebound from a minus figure in January, the daily average exports showed an upturn for the first time in 14 months, raising hopes for an overall recovery. The government has forecast the exports to ... Read More
