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Tag: South Korea

Posted on December 20, 2024

Political turmoil in South Korea hits already-slowing economy, puts damper on year-end festivities

“We prepared a lot in anticipation of better year-end business, but after the state of emergency was declared on Dec 3, cancellations increased significantly.” This comes during what is usually one of …
Posted on December 20, 2024

South Korea waives ETA requirement for Singaporean travellers until end-2025

Those planning trips to South Korea in the coming year will now have one less thing to worry about. Singaporeans, alongside nationals of 21 other countries and regions, will remain exempt from South …
Posted on December 20, 2024

South Korean won hits 15-year low as hawkish Fed, domestic politics weigh

The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment sparked by the U.S. Federal Reserve’s cautious stance on more interest rate cuts, on …
Posted on December 19, 2024

South Korea offers Equinor floating wind power contract

Norwegian energy company Equinor has received an offer from the South Korean government for a fixed-price power purchase agreement for a 750-megawatt (MW) floating offshore wind project, the company …
Posted on December 19, 2024

South Korea offers Equinor floating wind power contract

Norwegian energy company Equinor has received an offer from the South Korean government for a fixed-price power purchase agreement for a 750-megawatt (MW) floating offshore wind project, the company …
Posted on December 19, 2024

Woori Financial: Korea’s Households Are Overlevered And Delinquencies Are Rising

Read here for an analysis of financial risks in South Korea, focusing on low valuations of KB and Woori banks and underlying economic and social unrest.
Posted on December 19, 2024

South Korea’s allies cheered Yoon’s foreign policy, ignored domestic discord

A focus on a foreign policy seen as favourable to the West, limited attention on the political discord in South Korea, and a hesitation to be seen interfering in domestic matters, left its partners blindsided.
Posted on December 18, 2024

Analysis | How South Korea’s ‘hurry hurry’ culture helped bring down a president

President Yoon Suk Yeol’s shock declaration of martial law revved up South Koreans from 0 to 100.
Posted on December 18, 2024

S. Korea-Rwanda double taxation avoidance treaty to take effect Thurs.

A bilateral double taxation avoidance treaty between South Korea and Rwanda is set come into force later this week, the finance ministry said Wednesday. The agreement, scheduled to take effect …
Posted on December 18, 2024

IMCD to acquire the life science business of YCAM in South Korea and expand its footprint in the beauty and personal care markets

IMCD to acquire the life science business of YCAM in South Korea From left to right: JaeJoong Kim, Sales Director of YCAM, Fenna van Zanten, Director M&A and member of IMCD Group Executive Committee, …

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