SEOUL: South Korea has introduced new restrictions on foreign property purchases in the greater Seoul area, its latest effort to curb housing prices.
Indonesia talks business with South Korea ahead of APEC Summit
During his two-day visit to Seoul, Foreign Minister Sugiono met with South Korean Prime Minister Kim Min-seok and Foreign Minister Cho Hyun to talk about advancing cooperation between both countries, …
Korea to curb speculation in Seoul metro area by requiring foreigners to live in purchased property
Foreigners in South Korea will now require prior government approval to purchase property in the greater Seoul area. When buying property, they will have to submit documents including proof of the …
Troop costs, China in focus when South Korea’s Lee meets Trump
When South Korean President Lee Jae Myung meets U.S. President Donald Trump next week for their first summit, he’ll face calls to pay more for the upkeep of American troops on the peninsula with …
South Korean petrochemical companies to cut capacity, restructure, government says
Ten South Korean petrochemical companies have agreed to restructure their operations, including large cuts to their naphtha-cracking capacity, government officials said on Wednesday.
Two data center MoUs signed at Korea-Vietnam Business Forum
Two data center memoranda of understanding (MoU) were signed at the Korea-Vietnam Business Forum last week South Korean conglomerate Samsung signed an MoU with Vietnamese telecom provider CMC, …
US tariffs on Chinese graphite spark opportunity for India’s Epsilon
India’s Epsilon Advanced Materials is moving swiftly to close deals to supply critical components to Japanese and South Korean battery makers in the U.S., a top executive said, after Washington imposed anti-dumping duties on Chinese imports.
Why South Korea’s petrochemical industry faces major restructuring
On Wednesday, government officials announced that ten South Korean petrochemical companies have reached an agreement to restructure their operations. This will involve significant reductions in their …
Group14 Closes US$463M Series D Funding Round and Acquires 100% Ownership of BAM Factory in South Korea from SK, Inc.
Group14 Technologies today announced that it has closed a US$463M round led by SK, Inc., with strong participation of other existing investors, including Porsche Investments, ATL, OMERS, …
U.S., South Korea kick off summertime joint military exercise
The United States and South Korea kicked off their annual summertime joint military exercise on Monday, amid efforts by Seoul to improve relations with North Korea.