A Korean business lobby called on the government to adjust the pace at which it phases out nuclear power in a report released Thursday that compares energy policies in major advanced economics.
One of the most notable moment in the U.S. stock market this year was the Nasdaq listing of so-called unicorn Airbnb. Korea’s unicorn start-ups, on the other hand, are yet to see a single successful acquisition or initial public offering (IPO).
The controversial regulation that for the last eight years has forced large discount stores to close on some Sundays has led to financial losses for the small merchants dependent on supermarket customers.
Japan's ambassador to Seoul suggested that Korea pave the way for the two countries to rekindle talks in a meeting with Korean business executives.
The Federation of Korean Industries (FKI) has asked Japan to ease border restrictions for businesspeople, hoping that the appointment of Japanese Prime Minister Yoshihide Suga will help to repair the two countries' business relations.
Nearly a fifth of Korean companies couldn’t cover interest payments on their loans with operating profits from 2017 to 2019, according to a local study.
Economic freedom has increased in Korea in recent years, but indexes related to fiscal health and labor market flexibility show a deterioration, according to the Federation of Korean Industries citing research by The Heritage Foundation Monday.
Korea’s chip industry has both failed to narrow the gap with U.S. companies and failed to grow as fast as Chinese companies over the past 10 years, according to the Federation of Korean Industries (FKI).
Chinese Ambassador to Seoul Xing Haiming said Monday that Korea and China have agreed to a "fast-track" system for businesspeople to be exempted from entry restrictions put in place because of the coronavirus pandemic.