SEOUL, March 26 (Reuters) – South Korea’s industry ministry on Tuesday said the Financial Services Commission’s advisory board approved a 250 billion won ($166 million) investment in a local …
South Korea to raise fuel price cap but expand tax break to cushion blow from Iran conflict
By Jack Kim SEOUL, March 26 (Reuters) – South Korea will raise a cap on fuel prices effective Friday at midnight and expand fuel tax breaks to ease the burden on consumers dealing with the fallout …
Philippines becomes first country to declare national emergency over Middle East war
A national emergency has been declared in the Philippines as the war in the Middle East causes fuel prices to surge. South Korea has been grappling with energy restraints, implementing a nationwide energy saving campaign while Thailand has also asked employees to ditch suits in offices and lower air conditioning.
GM to invest US$600 million in its South Korean unit
General Motors, which received a South Korea government rescue package in 2018 to stay in the Asian country, said on Wednesday it plans to invest US$600 million in its local unit to upgrade …
GM to invest US$600 million in its South Korean unit
General Motors, which received a South Korea government rescue package in 2018 to stay in the Asian country, said on Wednesday it plans to invest US$600 million in its local unit to upgrade …
South Korea to invest in cutting-edge aircraft technologies for defence, president says
SEOUL, March 25 (Reuters) – South Korean President Lee Jae Myung said on Wednesday his country will invest in cutting-edge aircraft technologies for national defence, at an event celebrating the first …
South Korea to invest in cutting-edge aircraft technologies for defence, president says
SEOUL, March 25 (Reuters) – South Korean President Lee Jae Myung said on Wednesday his country will invest in cutting-edge aircraft technologies for national defence, at an event celebrating the first …
Wipro expands South Korea presence, launches Innovation Lab in Seoul
Wipro expands its presence in South Korea with a new Innovation Lab in Seoul, enhancing local capabilities and AI-led transformation.
Wipro expands South Korea presence, launches Innovation Lab in Seoul
Wipro expands its presence in South Korea with a new Innovation Lab in Seoul, enhancing local capabilities and AI-led transformation.
South Korea’s Lee calls for energy saving campaign including shorter showers, car curbs
By Joyce Lee and Jack Kim SEOUL, March 24 (Reuters) – South Korean President Lee Jae Myung on Tuesday called for a nationwide energy-saving campaign over risks to oil and gas supplies from the Iran …