Business News
Follow the companies making headlines and moving the Korean market here.
Best Chiropractic Therapy in Suwon, Korea
Located in Suwon, Gyeonggi-do, Korea, Goodbody Integrative Medicine Research Center provides a range of treatments and management options based on academic research in the field of integrated medicine, including bone correction (chiropractic), pain management (massage), musculoskeletal…
Forex reserves last month rose nearly USD 800M to USD 426B
Foreign currency reserves last month jumped nearly USD 800 million from February. The Bank of Korea in a report released on April 5 said the amount reached USD 426.07 billion late last month,…
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How long does it take for pock marks to completely heal during acne scars treatment?
Recently, regarding COVID-19, the era of the mask has come to end end with the lifting of masking requirements. As a result, many people who were once able to hide their facial scars such as…
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Instant noodle exports last year broke record with USD 862M
Exports of instant noodles including ramyeon last year broke the USD 800 million mark in reaching another all-time high. The Korea Customs Service (KCS) on March 30 in a report on such exports…
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The Convenience of Living in South Korea
South Korea is one of the most developed countries in the world. They have achieved wonderful accomplishments throughout the years and it is amazing that South Korea did it in a short amount…
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COVID-19 Vaccinations Will Remain Free for Public in Korea 2023
The government this year will keep providing free COVID-19 vaccinations to the public. Minister of Health and Welfare Cho KyooHong on March 22 told a meeting of the Central Disaster and Safety…
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Seoul to Co-host Korea League of Legends Championship
The Seoul Metropolitan Government (SMG) announced that it will host the League of Legends Champions Korea (LCK) at Jamsil Gymnasium on Sat, Apr. 8, and Sun, Apr. 9. Serving as a direct route…
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Gyeongju Pension: Cheomseongdae House
Gyeongju is a city located in the southeastern part of South Korea, known for its rich cultural and historical heritage. Once the capital of the ancient Silla Kingdom, today, Gyeongju is home…
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Daegu to Monitor Crosswalks Using AI
AI technology utilizing cameras will automatically detect various types of pedestrians using new AI technology in order to increase safety for both pedestrians and drivers. Daegu Metropolitan…
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Robotanic: Robot Tours of Seoul Botanic Park
The Seoul Metropolitan Government (SMG) is rolling out a smart robot service at Seoul Botanic Park to provide visitors with high-tech amenities using information and communications technology…
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Korea to export 18 FA-50 light attack aircraft to Malaysia
Korea will export its FA-50 light attack aircraft to Malaysia. Korea Aerospace Industries (KAI) said on Feb. 24 that its CEO Kang Goo-young and Secretary General of Malaysian Ministry of…
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Automobile exports in January hit an all-time high of USD 4.98 billion
Automobile exports reached an all-time high last month as shipments of eco-friendly vehicles such as electric vehicles, hybrids and hydrogen-powered cars increased. All three indicators in the…
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Hyundai Mobis Enhances Shareholder Value Through Preemptive Investment and Shareholder Returns
Hyundai Mobis announced the 2023 Shareholder Value Maximization Policy on 14th. The company intends to maximize shareholder value with balance between investment for future growth and…
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Lunar orbiter Danuri captures images of moon’s surface
The nation’s first lunar orbiter Danuri has transmitted photos of the moon’s surface taken during its month-long trial operation that began on Jan. 2 during its mission orbit. The…
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Dae Won Jeepland: Car Accessories in Korea
If you are looking for car accessories in Korea, Dae Won Jeepland should be your first option. With staff that are fluent in English and have over 30 years of experience, you can get your car…
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South Jeolla Governor Plans to Increase Number of Thai Migrant Workers
Governor Kim Yung-rok of South Jeolla Province has spoken about plans to increase people-to-people exchanges with Thailand. The local government is strengthening cooperation with the Minister…
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Daejeon City Government Implements Price Stabilization Measures
To overcome the economic decline caused by the pandemic, astronomical stimulus funds have been released on the market worldwide. The consequence that we are now faced with is severe inflation.…
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Current account returns to surplus in December: Bank of Korea
The current account in December last year returned to the black. The Bank of Korea on Feb. 8 said its provisional data on the balance of payments in December last year showed a current-account…
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No. of int’l flights last month neared 60% of pre-COVID-19 level
The number of international flights last month was nearly 60% of the pre-COVID-19 level in January 2019. The Ministry of Land, Infrastructure and Transport on Feb. 6 said the country in…
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NAVER Z celebrates Safer Internet Day 2023 in collaboration with ConnectSafely
In honor of Safer Internet Day 2023, NAVER Z collaborated with ConnectSafely for their Family Program to highlight ZEPETO’s approach to safety and raise awareness on how to stay safe…
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Korea ranked 3rd worldwide in metaverse-related patent applications
Korea is one of the world’s top three countries in metaverse technology. The Korean Intellectual Property Office (KIPO) on Feb. 5 said the country from 2011-20 had the world’s…
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