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Tag: South Korea

Posted on August 25, 2021

Samsung VC Announces Investment Of $205.8 Bn In 3yrs, Recruitment Of 40,000 In South Korea

With an aim to revive the South Korean economy, Lee Jae-yong has announced the largest investment and recruitment plan in the company’s history.

( read original story …)



Posted on August 25, 2021

Business sentiment among S.Korean manufacturers worsens in August

Sentiment among South Korean manufacturers over economic situation worsened this month amid the continued COVID-19 resurgence here c …

( read original story …)



Posted on August 25, 2021

Citibank Korea suspends decision on exit plan once again

Citibank Korea was supposed to formally announce its decision to end its retail business in South Korea. It was reported last week that the financial institution will reveal its exit plan at the …

( read original story …)



Posted on August 25, 2021

Samsung announces $205 billion investment plan to expand its business

Samsung Group, one of the world’s largest companies, has unveiled a new expansion plan under which the South Korean tech giant is planning to spend around 240 trillion won, which is around $205 …

( read original story …)



Posted on August 25, 2021

Business sentiment among S.Korean manufacturers worsens in August

Sentiment among South Korean manufacturers over economic situation worsened this month amid the continued COVID-19 resurgence here c …

( read original story …)



Posted on August 25, 2021

South Korea’s youth debt binge shows no sign of slowing as rate hike looms

When South Korea announced new lending curbs last month, Joe Park, a 34-year-old grocery chain purchasing manager, scrambled to borrow more money before the tighter rules took effect.

( read original story …)



Posted on August 25, 2021

Samsung announces $205 billion investment plan to expand its business

Samsung Group, one of the world’s largest companies, has unveiled a new expansion plan under which the South Korean tech giant is planning to spend around 240 trillion won, which is around $205 …

( read original story …)



Posted on August 25, 2021

South Korea Business Confidence Index Slips In August – BoK

Business sentiment in South Korea ebbed in August, the latest survey from the Bank of Korea showed on Wednesday with a business …

( read original story …)



Posted on August 24, 2021

South Korea set to curb Google, Apple commission dominance

SEOUL, – South Korea is likely to bar Alphabet Inc’s Google and Apple Inc from charging software developers commissions on in-app purchases, the first such curbs by a major economy that could hurt the …

( read original story …)



Posted on August 24, 2021

South Korea will Limit the Monopoly of Apple and Google on the Commission from Purchases in Mobile Applications

It became known about the intention of the South Korean authorities to limit Apple and Google in matters of charging a commission for purchases made in mobile applications …

( read original story …)



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