S.Korea should cut inheritance, gift taxes to OECD levels: SME lobby chief

S.Korea should cut inheritance, gift taxes to OECD levels: SME lobby chief

South Korea, which imposes some of the highest inheritance and gift taxes on businesspeople among the Organization for Economic Cooperation and Deve...

Shinsegae I&C to open charging station Spharos EV

Shinsegae I&C to open charging station Spharos EV

South Korea’s Shinsegae I&C Inc. announced on Monday that its electric vehicle (EV) charging service Spharos EV will introduce a total o...

MSCI Korea Index adds EcoPro, Hanwha Ocean, drops Emart

MSCI Korea Index adds EcoPro, Hanwha Ocean, drops Emart

Four stocks, including EcoPro Co., have been added to the Morgan Stanley Capital International (MSCI) Korea Index, and two have been removed.MSCI, a...

Emart partners with KOTRA to help S.Korean SMEs export

Emart partners with KOTRA to help S.Korean SMEs export

South Korea’s largest hypermarket chain Emart Inc. is partnering with Korea Trade-Investment Promotion Agency (KOTRA) to expand its overseas f...

EcoPro, Hanwha Ocean, JYP among top MSCI inclusion candidates

EcoPro, Hanwha Ocean, JYP among top MSCI inclusion candidates

EcoPro Co., Hanwha Ocean Co., JYP Entertainment Corp. and Kumyang Co. are the top candidates for inclusion in the MSCI Korea Index when the global s...

KBIZ holds SME export consultation meeting in Dubai

KBIZ holds SME export consultation meeting in Dubai

A large-scale business event was held in Dubai to support the expansion of Korean small- and medium-sized enterprises (SMEs) into the Middle East.Th...

Korea contractor for TSMC, Airbus aims to top anodizing sector

Korea contractor for TSMC, Airbus aims to top anodizing sector

South Korea’s YKMC Inc., an integrated contract manufacturer for global companies such as Taiwan Semiconductor Manufacturing Co. (TSMC) and Ai...

AI startup InterMinds builds Smart Stores with conglomerates

AI startup InterMinds builds Smart Stores with conglomerates

Convenience stores are hotbeds for South Korean IT companies to test their artificial intelligence (AI) technology.That is because the establishment...

Coupang wraps up 2021 with record sales of $18.4 bn 

Coupang wraps up 2021 with record sales of $18.4 bn 

South Korea’s e-commerce juggernaut Coupang Inc. posted $18.4 billion in sales last year, up 54% on-year. Compared to the pre-pandemic level i...

Heirless, baby boomer SME owners in search of buyers

Heirless, baby boomer SME owners in search of buyers

The son of a South Korean manufacturing company's owner, with a Ph.D degree in engineering, has refused to take over his father's business and inste...

[ASK 2018 SUMMIT] KIC targets SME lending and Asian PE deals

[ASK 2018 SUMMIT] KIC targets SME lending and Asian PE deals

Korea Investment Cooperation (KIC) is zooming in on lending to small to medium-sized companies and targets Asian private equity deals in pursuit of mi...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared