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Local governments leading dawn of electric bus era in South Korea Candidates in the May 9 South Korean presidential election have made increased availability of environmentally friendly cars one of their key pledges. Current South Korean government policy is not muc.. Mon, 08 May 2017 16:05:09 GMT
[Reporter’s notebook] On KORUS FTA, Trade Ministry with no fighting spirit Export and import trends over the past few month point to a marked rise in South Korean imports of US products. Between January and March, US$12.1 billion worth of US products were imported, an increa.. Thu, 04 May 2017 18:08:52 GMT
BMW Korea fined for overstating fuel efficiency A self-certification suitability survey showed mileage for the five-door MINI Cooper D to be overstated, resulting in BMW Korea being fined 102 million won (US$90,200), the Ministry of Land, Infrastru.. Wed, 03 May 2017 14:44:43 GMT
[News analysis] Trump’s rumblings on KORUS FTA a chance to address poisonous clauses After Donald Trump mentioned the possibility of scrapping the South Korea-US Free Trade Agreement (KORUS FTA) and then signed an executive order on Apr. 29, the 100th day of his presidency, requiring .. Tue, 02 May 2017 16:26:49 GMT
Economic power increasingly concentrated among top four chaebol Economic power among South Korea’s top 30 corporate groups is increasingly concentrating among the top four chaebol: Samsung, Hyundai Motor, SK, and LG. But even among those four, only LG enjoyed a r.. Tue, 02 May 2017 16:25:31 GMT
[Photo] Labor Day disaster for irregular workers Six workers were killed and 25 seriously injured when a crane fell over at a Samsung Heavy Industries shipyard on Geoje Island, South Gyeongsang Province, on Labor Day, May 1. Due to the Labor Day hol.. Tue, 02 May 2017 16:22:19 GMT
KORUS FTA renegotiation could cost S. Korean exporters $17 billion in five years If the US and South Korea renegotiate their free trade agreement as President Donald Trump has promised and tariffs are increased on South Korea‘s primary export industries, exporters will suffer as m.. Mon, 01 May 2017 17:48:30 GMT
Samsung decides against implementing holding company system Samsung Electronics has decided not to adopt a holding company system. Given Samsung’s past push for the holding company plan as a way of improving its governance structure and tightening Vice Chairm.. Sun, 30 Apr 2017 07:40:23 GMT
Hyundai Motor to reinstate whistleblower who leaked info about recall coverup On Apr. 27, Hyundai Motor announced that it would accept the recommendation of South Korea‘s Anti-Corruption and Civil Rights Commission (ACRC) to reinstate Kim Gwang-ho, a former general manager at H.. Sun, 30 Apr 2017 07:36:16 GMT
[News analysis] South Korean trade officials bracing for possible “termination” of KORUS FTA Bewildered South Korean trade officials have already begun taking response measures on the South Korea-US Free Trade Agreement (KORUS FTA), which they see as unlikely to continue under its present sys.. Sat, 29 Apr 2017 14:49:50 GMT
US multinationals seek tax havens, while S. Korean companies rely on government breaks South Korean multinational corporations enjoy government tax deduction benefits while US multinationals rely on tax havens for their tax strategies, a recent analysis shows. “A Study of Measurement A.. Thu, 27 Apr 2017 16:37:47 GMT
More households paying monthly rent instead of using key money deposits A report on housing conditions in 2016 released by the Ministry of Land, Infrastructure and Transport (MOLIT) on Apr. 25 showed over 60% of households renting nationwide to be doing so under a monthly.. Wed, 26 Apr 2017 17:29:13 GMT
Fair Trade Commission orders corrective action on unfair practices by 7 imported car brands “K,” the owner of an imported car, made up his mind to get rid of it after a traffic accident. But even though it had only been four months since he’d bought a 5 million-won (US$4,410) service package.. Tue, 25 Apr 2017 17:15:16 GMT
Recall mandated for vehicles from 17 companies with dangerous airbags A recall begins on Apr. 21 for 4,776 Jeep Wrangler, Chrysler 300C, and other vehicles sold by FCA Korea, the Ministry of Land, Infrastructure and Transport (MOLIT) announced on Apr. 20. The recall ap.. Sun, 23 Apr 2017 08:23:46 GMT
SK Telecom to introduce five-band carrier aggregation for Samsung Galaxy S8 smartphone SK Telecom announced plans on Apr. 20 to introduce LTE five-band carrier aggregation (CA) fourth-generation telecommunications technology for the Samsung Galaxy S8 smartphone starting in mid-May. The.. Sun, 23 Apr 2017 08:21:09 GMT

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