President Lee Jae-myung has nominated Prof. Joo Byung-ki of Seoul National University’s Department of Economics as the new Fair Trade Commission chairman. Nomi ...

The Korea Institute for Industrial Economics and Trade (KIET), a state-run research institution, has projected that Korea’s total export value this year will d ...

President Lee Jae-myung will visit Japan ahead of his U.S. trip on Aug. 24 to hold his first Korea-Japan summit with Japanese Prime Minister Shigeru Ishiba.Pre ...

KT announced on Aug. 13 that it has held a launch meeting with the Ministry of National Defense for the “National Defense 5G Infrastructure Project” and begun ...

Daewoong Pharmaceutical and Daewoong Therapeutics have achieved over 80% bioavailability compared to existing injections in initial human drug absorption tests ...

The K-9 self-propelled howitzer, renowned as a premium weapon, will be exported to Vietnam. This marks the first defense export to a communist country and the ...

Iljin Electric has achieved its highest performance since its establishment in the first half of this year. This record-breaking result was driven by the surge ...

Cosmax is set to make a full-scale entry into the hospital market after becoming the world’s first to obtain Good Manufacturing Practice (GMP) certification fo ...

The Korea Development Institute (KDI), a state-run think tank, has projected South Korea’s economic growth rate for this year at 0.8 percent. Although positive ...

In the first half of this year, new venture investments reached 5.7 trillion won, while new venture fund formations totaled 6.2 trillion won, both showing an i ...

LG Chem has decided to demolish its aging plants in Gimcheon and Naju for production efficiency. While not a large-scale reduction, this measure aimed at impro ...

South Korea added 171,000 jobs in July, marking the seventh consecutive month of employment growth, but the pace of gains slowed to levels last seen in January ...