SEOUL, May 13 (Reuters) – South Korea’s government signed an agreement on Monday with Alibaba’s AliExpress and PDD Holdings’ Temu to promote product safety, the Korea Fair Trade Commission (KFTC) said. The agreement comes after heightened regulatory …
Goldman Says South Korea Ever Closer to Joining Major Bond Index
South Korea will likely enter a key global bond index in September if it achieves a breakthrough in expanding foreign investors’ access to its government debt next month, according to Goldman Sachs …
HD Korea Shipbuilding to establish production base in Philippines
HD Korea Shipbuilding & Offshore Engineering Co. said Wednesday it plans to establish a production base in the Philippines for its offshore wind power business. The South Korean shipyard announced the …
What is South Korea’s 4B movement and could it take off in the West?
The movement reportedly began in South Korea in 2019. The core beliefs are four “no” rules: no sex, no childbirth, no dating and no marriage with men. In Korean, the four words begin with ‘bi’: bihon, bichulsan, biyeonae and bisekseu.
Here are five fun ‘Western’ foods to eat in South Korea
My biggest food-related culture shocks since moving here have come from what Koreans call “American” or “Western” food rather than anything Korean. Here’s a look at some of what I’ve encountered.
South Korea agrees to open market to Irish beef
South Korea has agreed to open its market to Irish beef for the first time. The development comes after intensive negotiations between Korean authorities and the Department of Agriculture Food and the Marine, including a visit to South Korea by Minister for Agriculture Charlie McConalogue as part of a trade mission last year.
Malaysia strengthens defence with $1.5bn contracts
The South Korean defence giant, known for its Chunmoo multiple rocket launcher system (MRLS), formalised a cooperative agreement with Widad Business Group, a Malaysian investment company. This …
Seoul vows stern steps to protect Naver’s business in Japan
Presidential policy chief Sung Tae-yoon gives a briefing at the presidential office in Seoul on May 13, 2024, asserting that the government will implement robust measures to safeguard South Korean businesses from any unjust or detrimental actions abroad.
(EDITORIAL from Korea Herald on May 14)
In South Korea, property tax is one of the most controversial and sensitive topics for both politicians and citizens. Since real estate prices and related taxes involve the bulk of individual assets, …
South Korean, Chinese foreign ministers discuss North, trilateral summit, supply chains
“We do not recognize foreign relations as a zero-sum game, nor do we manage them as such,” said South Korean Foreign Minister Cho Tae-yul during a meeting with his Chinese counterpart Wang Yi in …