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Aug 22, 2023
In Search of Healing: The Journey to Recovery
AmorePacific, a South Korean cosmetics company, reported lower-than-expected operating profits in the second quarter of 2023. The company...

Aug 21, 2023
Worries of Earnings Peaking Out versus Sustainable Growth
The analyst for NH Investment & Securities believes that Hyundai Motor Company (HMC) will experience stable growth in the second half of...

Aug 20, 2023
Allegations of Tax Evasion Leveled Against Philip Morris After Increase in Cigarette Prices
The Supreme Court of Korea has ruled that Philip Morris Korea evaded close to 100 billion won in taxes by simulating wholesale sales of...


Aug 19, 2023
Retroactively Permitting Conditional Application of New Accounting Standards for Insurance Companies
International Financial Reporting Standards (IFRS) is an organization dedicated to creating global accounting standards. Recently, the...

Aug 18, 2023
Balancing Worries of Earnings Peaking Out with Sustainable Growth
Despite concerns of a peak-out, HMC (Hyundai Motor Company) is expected to experience stable growth in the second half of 2023. This is...

Aug 17, 2023
Collaborative Efforts by Hyundai-Kia, GM, Mercedes-Benz, and More to Establish a Unified EV Charging
Hyundai Motor Group, along with other major automakers such as BMW, General Motors, Honda, Mercedes-Benz, and Stellantis, has announced...

Aug 16, 2023
Allegations of Tax Evasion Leveled Against Philip Morris Amidst Cigarette Price Hike
The Supreme Court of Korea has ruled that Philip Morris Korea evaded close to 100 billion won in taxes by simulating wholesale sales of...

Aug 15, 2023
Hanwha Aerospace Surpasses Global Competitors in Performance
Hanwha Aerospace, a leading aerospace and defense company, has secured a significant contract to supply 129 Redback armored vehicles to...


Aug 14, 2023
Substantial Rise in Sales and Profitability
The global electric vehicle market is experiencing significant growth, and three major players in the battery industry – LG Energy...

Aug 13, 2023
The Focus of Busan Expo: Giving Back to Humanity, not Profits
Chairman Chey Tae-won of the Korea Chamber of Commerce and Industry recently held a press briefing for foreign journalists to discuss the...


Aug 12, 2023
SK telecom Launches 'Global AI Alliance for Telecommunications' Linking Asia, Europe, and the Middle
On July 27, SK telecom hosted the "Global Telco AI Alliance CEO Summit" in Seoul, bringing together key executives from leading global...


Aug 11, 2023
Key Insights from Enterprise Ireland on Penetrating the South Korean Market
The EU-South Korea Free Trade Agreement has brought forth promising prospects for Irish firms seeking to expand into one of the world's...


Aug 10, 2023
Understanding Korean Society
Work Schedule: Businesses in Korea typically operate from 8 in the morning to 5 in the evening, from Monday through Friday. Language in...


Aug 9, 2023
FAQ of Starting a Business in Korea
Question: "Could you provide information about healthcare facilities and emergency services in Korea?" Answer: "With exceptions of...

Aug 8, 2023
Hyundai Rotem Aims to Export High-speed Trains to Poland and Beyond
Hyundai Rotem, a South Korean company, is expanding its efforts to secure railway vehicle orders through the export of its K2 tank. In...


Aug 7, 2023
The Unprecedented Impact of K-pop Girl Groups on the Food & Beverage Industry
K-pop girl group NewJeans has been appointed as the global ambassadors for Coca-Cola, showcasing the tremendous influence of K-pop girl...

Aug 6, 2023
South Korea's Trade with China Records a 10 Trillion Won Current Account Deficit
After two decades of being China's largest trading partner, South Korea is now seeing a shift as the United States takes over this role....

Aug 6, 2023
Korean Oil Refineries See Surge in Petroleum Product Exports in First Half
According to the Korea Petroleum Association, the first half of 2023 saw an increase in petroleum product exports from Korea's four...


Aug 5, 2023
"On Track: LG Display's Investment in 6th-gen OLED Displays Confirmed"
LG Display has announced that it will hold a conference call on July 26 to reveal its earnings for the second quarter of this year. The...

Aug 4, 2023
Hanwha Aerospace Initiates Localization of Materials for Fighter Engines
Hanwha Aerospace, a leading aerospace company, has taken a significant step towards the localization of fighter engine materials. In a...
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