Economy

Economy

#FTC-overseas visit
S. Korean antitrust chief leaves for Germany
SEJONG, March 11 (Yonhap) -- South Korea's antitrust chief has left for Germany to attend an international conference on competition, an official said Monday. Kim Sang-jo, head of the Fair Trade... 16:51 Mar. 11
#Malaysia-economic delegation
S. Korea biz delegation visits Malaysia to promote closer ties
SEOUL, March 11 (Yonhap) -- South Korea's business mission will visit Malaysia on the occasion of President Moon Jae-in's state visit to the Southeast Asian country this week, to strengthen economi... 14:52 Mar. 11
#economic assessment
S. Korea's economy slows down on weak exports: KDI
SEJONG, March 11 (Yonhap) -- The South Korean economy slowed down amid declining exports and investments, a state-run think tank said Monday. South Korea's exports fell 11.1 percent on-year to U... 12:00 Mar. 11
#CJ ENM
CJ ENM teams up with BTS' label to launch new band
SEOUL, March 11 (Yonhap) -- South Korean entertainment giant CJ ENM has teamed up with Big Hit Entertainment, the management agency of the sensational K-pop boy band BTS, to launch an idol band on ... 10:42 Mar. 11
#S Korea-Georgia-economic ties
S. Korea, Georgia sign pact on economic cooperation
SEOUL, March 11 (Yonhap) -- South Korea and Georgia signed an accord Monday on promoting bilateral economic partnerships in the run-up to talks on an investment agreement. The pact was signed by... 10:34 Mar. 11
#exports-March
S. Korea's exports drop 19.1 pct in first 10 days of March
SEJONG, March 11 (Yonhap) -- South Korea's exports fell 19.1 percent in the first 10 days of March from a year earlier on decreased overseas shipments of semiconductors, customs data showed Monday.... 10:29 Mar. 11
#gas stations-decline
Number of gas stations drops for 4th year in 2018
SEOUL, March 11 (Yonhap) -- The number of gas stations in South Korea dropped for the fourth straight year in 2018 amid worsening profitability facing the industry, data showed Monday. As of end... 09:51 Mar. 11
#news advisory
Yonhap news advisory for Monday March 11
The following stories are scheduled to be covered by Yonhap News Agency. Your queries are welcome. Yonhap's English-language news desk can be reached by telephone at 82-2-398-3451 (general) and 82-... 09:17 Mar. 11
#housing outlays-2018 tally
Growth of housing costs hits 5-year high in 2018
SEOUL, March 11 (Yonhap) -- Growth of South Korea's housing-related outlays reached a five-year high in 2018 due mainly to severe cold waves and scorching heat, central bank data showed Monday. ... 08:25 Mar. 11
#Kia Motors
Kia Motors considers halting operations of plant in China
SEOUL, March 10 (Yonhap) -- Kia Motors Corp., South Korea's No. 2 auto maker by sales, said Sunday that it is considering halting operations of one of its plants in China amid weak sales. The su... 21:15 Mar. 10
#economic downturn-think tank
S. Korea's economy expected to hit bottom this year: think tank
SEOUL, March 10 (Yonhap) -- South Korea's economy is expected to hit bottom this year, but it is too early to determine what course it will take afterward, a local think tank said Sunday. The Hy... 14:11 Mar. 10
#conglomerates-outside directors
Top groups prefer ex-officials as outside directors: data
SEOUL, March 10 (Yonhap) -- South Korea's leading conglomerates prefer retired senior judges, ministers and other ranking public officials as outside directors, market data showed Sunday. A tota... 13:58 Mar. 10
#FTC-English test
Younger students can take TOEFL test without parents or guardians present: regulator
SEJONG, March 10 (Yonhap) -- Students aged 15 years or younger can take a leading English language proficiency test in South Korea without their parents or guardians being present, the country's an... 12:00 Mar. 10
#big biz-tax
Corporate taxes paid by listed firms belonging to top 10 biz groups hit 39 tln won
SEOUL, March 10 (Yonhap) -- The total corporate taxes paid by listed firms belonging to South Korea's top 10 conglomerates reached 38.9 trillion won (US$34 billion) in 2018, a report by a local bus... 11:48 Mar. 10
#working hours-data
Spending on education, hobbies rise amid 52-hour workweek policy in 2018
SEOUL, March 10 (Yonhap) -- South Korean workers' spending on education and hobbies increased last year, due largely to the implementation of the government's 52-hour workweek policy, government da... 11:11 Mar. 10
#agro products-US exports
State food corp. to tap deeper into U.S. market
Buena Park, United States, March 9 (Yonhap) -- South Korea's state-run Korea Agro-Fisheries & Food Trade Corp. (aT) aims to tap deeper into the United States by diversifying its product portfolio, ... 10:17 Mar. 10
#employment opportunities-decline
Job openings fall to 88-month low, making it harder for people to find work
SEOUL, March 10 (Yonhap) -- Job openings in South Korea dropped to an 88-month low on the last working day of January, a clear testament to the difficulties facing people trying to find work, state... 09:49 Mar. 10
#LG-global reputation
LG's global reputation ranking surpasses Samsung, Amazon, Apple: report
SEOUL, March 10 (Yonhap) -- South Korean electronics, chemical and telecommunication conglomerate LG's global reputation outpaced such household names as Samsung, Amazon and Apple, an international... 09:01 Mar. 10
#dailies
(EDITORIAL from Korea Herald on March 9)
Already crowded Government should be more cautious in licensing air carriers The government's decision to license three new budget carriers will have both positive and negative impacts on the nati... 09:13 Mar. 09
#headlines
Top headlines in major S. Korean newspapers
SEOUL, March 9 (Yonhap) -- The following are the top headlines in major South Korean newspapers on March 9. Korean-language dailies -- Moon replaces seven ministers in Cabinet shake-up (Kyunghyang... 09:13 Mar. 09