economy
The 14th International Business and Finance Conference (IBFC) was held in Hanoi, Vietnam, with significant participation from Korean and Vietnamese financial and industry sectors. The conference focused on strategic cooperation…
Dunamu, the operator of South Korean cryptocurrency exchange Upbit, reported a 70% increase in revenue to 1.7316 trillion won in 2020, and an 85.1% surge in operating profit to 640.9…
GM Korea, which exports 85% of its total production volume to the U.S., faces significant impacts due to the U.S.’s high tariff measures on imported vehicles. The company has not…
Yoo Myung-hee, former Chief Trade Negotiator of the Ministry of Trade, Industry and Energy, has emphasized the need for strengthened consultations between Korea and Vietnam to reflect the situation of…
The Financial Services Commission in South Korea has permitted banking agency services to offset the inconvenience caused by the decrease in bank branches. This service will allow consumers to conduct…
The Ministry of Science and ICT held the 11th Laboratory Startup Exploration Education Launch Ceremony at Korea University, attended by Minister Yu Sang-im and representatives from various universities. The ceremony…
Hankook Tire & Technology has appointed Ahn Jong-sun and Lee Sang-hoon as its new co-CEOs. Ahn will oversee departments focused on internal management, including global innovation, R&D, procurement, production, and…
The Nano Materials Research Division at the Korea Institute of Materials Science has developed a rare-earth-free permanent magnet, achieving the highest performance globally. The technology is being transferred to a…
The Ministry of Science and ICT held the 11th Laboratory Startup Exploration Education Launch Ceremony at Korea University, attended by 300 participants including representatives from universities, innovation groups, and startup…
Hankook Tire & Technology has appointed Ahn Jong-sun and Lee Sang-hoon as its new co-CEOs. Ahn, who has been leading the technology competitiveness enhancement strategy of Hankook & Company, will…