The Incheon FTA Trade Promotion Center, run by the Incheon Chamber of Commerce, will support 60 local small and medium-sized enterprises (SMEs) this year through the ‘2025 OK FTA Consulting…
Hwang Hyun-bae has been re-elected as Chairman of the Korea Federation of Small and Medium Business (KFSB) at a meeting held at the Incheon headquarters. The KFSB’s Incheon branch plans…
Hyundai Glovis is expanding its ‘contactless car selling’ used car purchase service nationwide in partnership with car-sharing platform Socar. The service will be extended to remote small towns and areas…
The volume of construction materials like sand and cement transported has dropped by around 40%, severely affecting the construction industry in the Seoul metropolitan area. The prolonged shutdown of Hyundai…
E-commerce fulfillment specialist WeKeep has signed a cold chain logistics contract with IKEA Korea. Under the agreement, WeKeep will store and manage IKEA Korea’s perishable goods in a cold storage…
On the day short selling resumed in the South Korean stock market, stock prices fell significantly, with the KOSPI closing down 76.86 points, or 3%, at 2,481.12. Foreign investors led…
Hanwha Aerospace plans to invest 11 trillion won in the mid to long term, including 6.3 trillion won to establish a European production base in Poland and a joint venture…
The Chinese government plans to inject over 100 trillion won into its four major state-owned banks to strengthen their capital and prevent a potential financial crisis due to the ongoing…
The Korea Consumer Agency found ‘shrinkflation’ in 9 products during the last quarter, with food items such as chocolates and candies being prevalent. Despite regulations requiring manufacturers and sellers to…
The Commission on Shared Growth for Large and Small Companies is collaborating with the Korea Trade-Investment Promotion Agency (KOTRA) to support small and medium-sized enterprises (SMEs) in managing environmental, social,…