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BOK: 1 in 6 S. Koreans Use Mobile Payment

One in six South Koreans are found to have used their mobile phones to make payments. According to the Bank of Korea’s survey last year on 25-hundred people aged 19 or older, 15-point-eight percent of the respondents said they had ... Read More

Kemendag Gandeng BNP2TKI Genjot Devisa dari TKI

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Koreans Drink 1.7 Cups of Coffee Daily

By Park Su-Sie Korean adults drink 1.7 cups of coffee a day on average, more than they eat mixed or white rice, statistics by the welfare Ministry and the Korean Centers for disease Control and Prevention showed Monday. Of 3,427 ... Read More

Hyundai’s domestic market share lowest in decade

By Bae Ji-sook The domestic market share of Hyundai Motor Co., the country’s largest carmaker, fell to a 15-year low last year amid intensifying competition with foreign and local rivals. According to market reports Friday, Hyundai sold a total of ... Read More

Lotte opens 7th premium business hotel in Seoul

By Park Hyong-KiIn close proximity to the shopping district of Myeong-dong, cultural street of Insa-dong and Gwanghwamun in downtown Seoul, Lotte City Hotel Myeongdong seeks to :kill two birds with one stone.”Launched as Lotte Hotels & Resorts’ biggest Lotte City ... Read More

Korea’s top 3 shipyards log W8tr operating loss in 2015

South Korea’s big three shipbuilders probably posted a record operating loss in 2015, stung by a combination of a prolonged industry slump, a series of order cancellations and a delay in the construction of offshore facilities, data showed Thursday.According to ... Read More

Korea, Israel open FTA talks

By Sohn Ji-young,The South Korean government hosted a public meeting in Seoul on Wednesday to discuss the potential benefits and economic impact of a free trade agreement with Israel.Led by the Ministry of Trade, Commerce and Economy, the session brought ... Read More

Hyundai, Kia see US. Sales grow 7 percent

WASHINGTON- Hyundai Motor Co. and its smaller affiliate, Kia Motors Corp., saw their combined sales in the United States grow 7 percent in December, thanks to a nearly 20 percent jump in Kia’s sales, industry data showed Tuesday.The two South ... Read More

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