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Economy

Surging popularity of mobile banking

2012-08-20

The number of mobile banking users in Korea has topped thirty million, according to the Bank of Korea. The late June figure is about 2.9 million more ...

#Key Business Issue

Korea logging a record-high surplus in the account tracking imports and exports of cultural products and services

2012-08-06

Korea logged a surplus in the account that tracks the flow of imports and exports of personal, cultural, and recreational services. This is the first ...

Increased demand for late night snacks

2012-08-06

With the 2012 London Olympics in full swing, the Korean economy is benefiting from the so-called “Olympic Effect,” referring to a boost in economic ...

Development of a new Metal-Organic Framework that can store gases

2012-08-06

Hydrogen is regarded as the clean energy source of the future. Although widely available in water, hydrogen is difficult to store and transport ...

Rising presence of Korean automakers in Africa and the Middle East

2012-08-06

Africa and the Middle East are fast emerging as new markets for the Korean automobile industry. According to the Korea Automobile Manufacturers ...

#Key Business Issue

Record number of people entering Korea

2012-07-29

The number of people entering Korea is on the rise while that of those leaving the country is decreasing. The rate of Korea’s international net migration, ...

Summer Vacation Season in Korea

2012-07-29

Seoul’s Gangnam Express Bus Terminal is all hustle and bustle with the onset of the peak vacation season. Some 35,000 people and 45,000 people bought ...

Natural Killer Cells to Cure Cancer

2012-07-29

While cancer patients receive treatment to overcome their illnesses, they can’t help but be worried about the side-effects of the strong medications ...

Mobile “smart” Olympics

2012-07-29

Since the iPhone was introduced in Korea in November 2009, the number of smart phone users in Korea increased rapidly to reach some 25 million today. ...

#Key Business Issue

Fears over South Korea’s economy falling into long-term slow growth

2012-07-23

There are voices of concern regarding Korea’s economy due to the prolonged economic difficulties stemming from the Eurozone fiscal crisis and ...

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