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  • R.E.D. Sectors Poise...

    R.E.D. Sectors Poised for Growth in 2026, the Year of the 'Red Horse,' Driven by AI Investment Boom

    (C) Vecteezy SEOUL — A significant surge in Artificial Intelligence (AI) investment is expected to propel the growth of key South Korean industries, dubbed the ‘R.E.D.’ sectors&mdas

  • Extension Granted fo...

    Extension Granted for '2026 Honors for SME Contributors' Application

    (C) KBIZ SEOUL) — The Ministry of SMEs and Startups (MSS) and the Korea Federation of Small and Medium Enterprises (KBIZ) have announced an extension for the application period of the '2026

    44% of Recent Constr...

    44% of Recent Construction Projects Report Deficits, Industry Survey Finds

    (C) KED Global Seoul, South Korea — A recent survey conducted by the Korea Construction Association (KCA) and the Construction & Economy Research Institute of Korea (CERIK) reveals that nea

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South Korea's Housing Market Shows Mixed Signals in October
Seoul, South Korea – The Korean Real Estate Board's latest housing price index for October reveals a mixed bag of results. W ...
KO YONG-CHUL Reporter 2024.11.18

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Sejong City Hosts Expo to Tackle Soaring Commercial Vacancy Rates
Sejong City, South Korea – In a bid to address its skyrocketing commercial vacancy rates, Sejong City is hosting a two-day e ...
Desk 2024.11.18

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South Korea's Housing Guarantee Corporation Faces Mounting Losses Amidst Soaring Rent Deposit Defaults
Seoul, South Korea – The Housing & Urban Guarantee Corporation (HUG) is facing a mounting financial crisis as the number ...
Hwang Sujin Reporter 2024.11.18

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Samsung Unveils Bespoke AI Combo at IFA 2024, Revolutionizing Laundry Experience
Berlin, Germany – Samsung Electronics, a global leader in consumer electronics, has introduced its innovative Bespoke AI Com ...
Ana Fernanda Reporter 2024.11.18

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Cement Industry Faces Slump Amidst Construction Downturn
Seoul, South Korea – Despite entering the peak season for cement demand, major South Korean cement manufacturers are scaling ...
KO YONG-CHUL Reporter 2024.11.18

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South Korea's Top 10 Construction Firms Face $14 Billion in Uncollected Payments
Seoul, South Korea – South Korea's ten largest construction companies are collectively grappling with a significant amount o ...
KO YONG-CHUL Reporter 2024.11.17

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Kia Unveils EV3 Study Car, A Sustainable Experiment in Automotive Design
Seoul, South Korea – Kia Corporation, a leading global automaker, has unveiled its EV3 Study Car, an eco-friendly experiment ...
Graciela Maria Reporter 2024.11.17

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Egypt Revives State-Owned Carmaker El-Nasr
Egyptian Prime Minister Mostafa Madbouly has stated that the revival of the decades-old state-owned carmaker, El-Nasr, showcases t ...
Graciela Maria Reporter 2024.11.17

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Renault Korea's Grand Koleos Captures 30% of Mid-size Hybrid SUV Market in South Korea
Seoul, South Korea – Renault Korea's Grand Koleos has made a significant impact on the South Korean mid-size hybrid SUV mark ...
Eugenio Rodolfo Sanabria Reporter 2024.11.16

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South Korea Sees Decline in Female Executives in Public Institutions
Seoul, South Korea – A recent study by the Leaders Index has revealed a concerning decline in the number of female executive ...
Hwang Sujin Reporter 2024.11.16

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South Korean Food Companies Show Mixed Results in Q3
Seoul, South Korea – South Korea's food industry has reported mixed results for the third quarter of this year. While compan ...
Hwang Sujin Reporter 2024.11.16

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Louis Vuitton's Construction Site Steals the Show in NYC
New York City – While Louis Vuitton has recently opened a temporary flagship store on Manhattan's 57th Street, it's the cons ...
Eugenio Rodolfo Sanabria Reporter 2024.11.16

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Grip Surpasses 10 Million Downloads, Revolutionizing Live Commerce in South Korea
Seoul, South Korea - Grip, South Korea's pioneering live commerce platform, has announced that it has surpassed 10 million downloa ...
Desk 2024.11.16

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Samduk Corporation Rises from the Ashes of Kaesong Industrial Complex
Seoul, South Korea – Samduk Corporation, a South Korean footwear manufacturer, has made a remarkable recovery after losing i ...
KO YONG-CHUL Reporter 2024.11.16

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Harim's First Kitchen: A Seamless Journey from Farm to Table
Iksan, South Korea – Harim, a leading food company in South Korea, has unveiled its state-of-the-art “First Kitchen&rd ...
Hwang Sujin Reporter 2024.11.16

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South Korea's Property Tax Burden to Rise Amidst Government Policy Changes
Seoul, South Korea – The South Korean government's decision to adjust property assessment values based solely on market fluc ...
Hwang Sujin Reporter 2024.11.16

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Korea to Cultivate Halal Tourism Experts Amid Growing Muslim Visitor Market
SEOUL, South Korea – The Korea Halal Industry Research Institute (KIHI) is launching a halal tourism evaluator training prog ...
LEE YEON SIL Reporter 2024.11.15

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LG Chem Tops Online Interest Among South Korea's Petrochemical Companies
Seoul, South Korea – A recent data analysis by Data & Research has revealed that LG Chem garnered the most online attent ...
Desk 2024.11.15

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Korea Seven Struggles to Expand Amidst Mounting Losses
Seoul, South Korea – Korea Seven, the operator of the Seven Eleven convenience store chain in South Korea, is facing signifi ...
Desk 2024.11.15

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Jeju Offers Immersive Wellness Experiences to Recharge and Rejuvenate
Jeju Island, South Korea – The Jeju Tourism Organization has recently unveiled a series of pilot programs designed to offer ...
Hwang Sujin Reporter 2024.11.15
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