News
Edelweiss Indonesia di Goyang Korea Selatan
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Kossen to buy 55% stake in ETH
Kossen, a Korean steel pipe manufacturer and renewable energy company, has decided to buy a 55.43 percent stake in electric car maker ETH for 5 billion won ($4.3 million), the company said Tuesday. In a regulatory filing, the company said ... Read More
ITPC Busan Fasilitasi 16 Perusahaan Makanan di Seoul Food & Hotel 2016
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Improving domestic demand props up economy, offsets faltering exports
Korea's domestic demand seems to support the entire economy despite faltering exports stemming from weakening global demand, a government report showed Tuesday. "Domestic demand, particularly private consumption, has been getting better recently, although exports have been on the decline," the ... Read More
‘Corporate Restructuring Aims to Replace Oversupplied Industries with New Industries’
Financial Services Commission(FSC) Chairman Yim Jong-yong said Monday that the government’s ultimate goal in corporate restructuring is to replace shipping and shipbuilding industries suffering from an oversupply with new growth engine industries. The FSC chief made the remarks during an ... Read More
S. Korea Invites ASEAN Quarantine Officials for Training
South Korean officials will conduct plant quarantine training for 16 experts from Cambodia, Indonesia, Laos and Malaysia and other members of the Association of Southeast Asian Nations(ASEAN). Seoul's Animal and Plant Quarantine Agency said invited experts will attend classes and on-site training from Monday ... Read More
Korea seeks hope in new industries
Concerns are growing that the Korean economy may be drawn into a long-term downturn -- perhaps irreversible -- if it fails to make a swift shift to next generation industries that can prop up its future growth. In a recent ... Read More