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Six S. Korean Firms Receive UAE’s Halal Certificates

The Ministry of Agriculture, Food and Rural Affairs held a meeting on Thursday seeking ways to expand South Korea’s exports to halal markets. The meeting saw the participation of exporters of halal foods and related agencies. At the meeting, the ministry delivered halal food processing certificates ... Read More

S. Korea Wins WTO Suit on US Anti-dumping Duties on Washing Machine

The World Trade Organization (WTO) has ruled in favor of South Korea in an anti-dumping dispute between Seoul and Washington over South Korean washing machines. Seoul's Ministry of Trade, Industry and Energy said Friday that a WTO Panel on the case found that ... Read More

Kementerian Keuangan Harapkan Peningkatan Ekspor dan Permintaan Domestik

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Corporate Korea ups dividends

This is the first installment of a three-part series looking into Korean companies’ dividend payout policies, the reasons behind them and future prospects. -- Ed. Corporate Korea, infamous for being stingy in returning profits to shareholders, is warming to investors ... Read More

Trade Ministry Tightens Control of Strategic Goods

The Ministry of Trade, Industry and Energy has tightened control of shipments of strategic goods as the government is moving to impose its own sanctions against North Korea. The ministry said on Tuesday that it recently sent emails to about ... Read More

China exports slump more than a quarter in February: Customs

China's exports plunged 25.4 percent year-on-year in February to $126.1 billion, Customs said Tuesday, as the struggling manufacturing sector dragged down the world's second-largest economy. The fall was much sharper than economists expected, with the median estimate of a Bloomberg ... Read More

Gov’t to Promote Eco-Friendly Aquaculture

The Ministry of Oceans and Fisheries has unveiled a plan to promote eco-friendly aquaculture with increased financial support. The plan involves an investment of 31-point-two billion won, or nearly 26 million U.S. dollars, in 15 environment-friendly mariculture projects. About a ... Read More

E-Commerce Transactions Exceed 100 Trillion Won

Recent tallies have shown that e-commerce transactions exceeded the 100-trillion-won mark for the first time last year. The tallies from the Financial Supervisory Service(FSS) showed that e-commerce transactions were worth 109-point-eight trillion won, or about 92 billion U.S. dollars, last ... Read More