Foreign investment into South Korea jumps 18.7% this year
Tweet Growing investment in to the Asian and Latin American countries has helped push South Korea’s overseas direct investment up 18.7% in quarter 1 of 2012 from a year earlier,…
Fiat to return to Korea after 15 years
Tweet The iconic Italian Fiat car brand will re-enter the Korean market next year after an absence of 15 years. The immensely successful Fiat 500 small car will be launched…
Banker caught fleeing as Korean regulator suspends four savings banks
Tweet Four of South Korea’s savings banks had their deposits suspended yesterday (Sunday 6 May) by the country’s financial regulator after they failed financial stress tests. The banks that have…
Singapore and South Korea both feel an economic chill
Tweet Two of the region’s important economies, Singapore and South Korea, appear to have hit a slight economic headwind according to data published yesterday. The jobless rate in Singapore unexpected…
New iPad finally on shelves across tech-savvy South Korea
Tweet Thousands of excited customers lined up at Apple stores across South Korea on Friday each hoping to be a proud owner of new iPad, about once month since the…
Asia’s budget airlines bracing for cut-throat competition in South Korea this year
Tweet The low-cost airline battle for key routes into Seoul is heating up and price wars look set to break out. Carriers from China and Japan are seeking to launch new…
Korean chaebol-run cafes accused of anti-competitive behaviour
Tweet The new generation now running the sprawling industrial conglomerates of Korea, are shunning manufacturing and heavy industry in favour of cafes and high-end retailers. Korea’s Chaebol are family conglomerates…
South Korea’s Q4 economic growth slows
Tweet South Korea’s central bank said Thursday that in the fourth quarter of 2011, the country’s economic growth slowed. According to the bank, this was attributed to fragile domestic demand…
South Korea lifts Canadian beef imports ban
Tweet Canadian cattle farmers can now breathe a sigh of relief after South Korea lifted a ban it had imposed on beef from the North American country nine years ago…
Kia’s small electric car to hit the streets of Korea
Tweet A small all-electric car from a Hyundai Motor Co. affiliate , Kia Motors Corp, has finally hit the streets of South Korea. Kia unveiled the car on Thursday and…
