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#Key Business Issue

Regulatory Pressure on Big-Tech Companies

2021-09-13

Big-tech firms mean dominant IT companies, including Amazon, Apple and Google in the U.S. They may also refer to Korean online platform providers ...

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Gov’t Proposes Record-high Budget for 2022

2021-09-06

The Korean government has proposed a record-high budget of 604.4 trillion won or about 519 billion US dollars for next year, up 8.3 percent from this ...

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BOK Raises Key Interest Rate to 0.75%

2021-08-30

The Bank of Korea or BOK raised its benchmark interest rate to 0.75 percent on August 26 from 0.5 percent. It marks the first time in 15 months that the ...

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Changes in Economic Gap between S. Korea and Japan over Three Decades

2021-08-23

The Federation of Korean Industries has compared changes in the economic and competitiveness gap between South Korea and Japan since the early ...

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Parole for Samsung Electronics Vice Chairman Lee Jae-yong

2021-08-16

Samsung Electronics Vice Chairman Lee Jae-yong was released from prison on parole last Friday on the occasion of August 15 Liberation Day. The release ...

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S. Korea’s Foreign Exchange Reserves Hit Record High

2021-08-09

According to the Bank of Korea on August 4, South Korea’s foreign exchange reserves hit an all-time high of 458.68 billion US dollars at the ...

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Global Semiconductor Race Heats up

2021-08-02

Semiconductors are often described as the rice of the industry. Going through the complicated manufacturing process, they are used in diverse ...

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SME exports post record growth for 1H, increasing 22%

2021-07-26

Exports for Korean small-to-medium-sized enterprises (SMEs) have recorded an all-time high during the first half of this year. According to the ...

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How EU’s Carbon Border Tax will Influence Korean Industries

2021-07-19

The European Union has announced its plan to introduce the world’s first carbon border tax. Officially called the “carbon border ...

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Samsung, LG Post Record Q2 Earnings

2021-07-12

Samsung Electronics and LG Electronics posted market estimate-beating earnings during the April to June period, with both companies recording ...

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