President Donald Trump has signed an executive order to promote domestic pharmaceutical manufacturing in the US. The order includes measures to simplify the process for foreign pharmaceutical companies to build…
The price of Pyongyang cold noodles in Seoul is steadily increasing, with most famous restaurants charging over 15,000 won ($13). The rise in prices is attributed to increases in other…
In 2024, the sales of South Korea’s top five groups accounted for 40% of the country’s GDP, while the sales of large corporate groups made up 78.8% of the economy.…
Jeollanam-do, in collaboration with KOTRA’s Gwangju-Jeollanamdo office, dispatched a market exploration team to ‘Solartech Indonesia 2025’, Southeast Asia’s largest energy exhibition. The team secured export agreements worth $50,000 and established…
LG Energy Solution will debut new products for Energy Storage Systems (ESS) at ‘InterBattery Europe 2025’. The company plans to begin operations at its European base, the Wroclaw plant in…
Companies in the Changwon National Industrial Complex, South Korea, are unable to build more workplace daycares due to a regulation that requires daycares to be located more than 50 meters…
Citigroup CEO Jane Fraser warned that while most companies can handle tariffs at 10%, anything above 25% would significantly impact investment and employment. Amidst global economic changes, she emphasized the…
The Gyeongnam Agricultural Technology Institute has developed a technology to improve the marketability and storability of strawberries for export. The new method reduces damage by 18% by harvesting strawberries with…
In 2024, sales from South Korea’s top five conglomerates made up 40% of the country’s Gross Domestic Product (GDP), with large business groups contributing 78.8% to the economy. This is…
The Vietnamese government is set to launch a financial package worth 11 trillion won to support economic recovery and businesses. The package includes tax reductions and fiscal policies based on…