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Tag: South Korea

Posted on January 16, 2021

COVID-19 Pandemic: South Korea to extend tightened social-distancing rules until Jan 31

The social-distancing guideline was slightly eased as micro-business owners suffered from losses amid the tightened quarantine measures. In the latest tally, South Korea reported 580 more cases of …

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Posted on January 16, 2021

Following Successful Pilot, South Korea’s Jeju Island Launches Blockchain-Based Contact Tracing …

Korea’s leading enterprise blockchain technology company ICONLOOP ( and the Jeju Special Self-Governing Province today announced that its blockchain-based contact tracing system ‘Jeju Safety Code’ is …

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Posted on January 15, 2021

‘Luxuries I can’t afford’: why fewer women in South Korea are having children

As the population declines, traditional gender roles and careers are leading many to forgo childbirth …

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Posted on January 15, 2021

Economic uncertainty continues amid flare-up in COVID-19: finance ministry

The South Korean economy faces persistent uncertainty as a resurgence in new coronavirus cases and stricter virus curbs are hampering domestic demand, the finance ministry said Friday. Domestic demand …

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Posted on January 15, 2021

Heir to South Korea’s Samsung faces day of reckoning after four years of graft trial

Samsung’s Jay Y. Lee was convicted of bribing an associate of former President Park Geun-hye and jailed for five years in 2017.

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Posted on January 14, 2021

South Korea Court Upholds 20-Year Sentence for Ex-President Park

Former South Korean President Park Geun-hye is set to spend much of her remaining years in prison, after the Supreme Court upheld a 20-year prison sentence for a corruption conviction.

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Posted on January 14, 2021

S. Korea approves Netherlands-based brokerage IMC to do business locally

Netherlands-based brokerage house IMC was green-lighted by the Financial Services Commission (FSC) to operate a financial investment and brokerage business in South Korea on the condition that its …

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Posted on January 14, 2021

Entrepreneurs from China, Japan, S.Korea optimistic on Chinese economy in 2021: survey

Most entrepreneurs and high-level executives from China, Japan and South Korea are optimistic about China’s economic growth this year, according to a survey by the Global Times Research Center, Maeil …

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Posted on January 14, 2021

South Korea Export Prices Sink 5.4% On Year In December

Export prices in South Korea were down 5.4 percent on year in December, the Bank of Korea said on Thursday – after sinking 4.6 …

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Posted on January 14, 2021

Korean firms keen to invest in Pakistan

Pakistan’s former ambassador to South Korea, Shaukat Ali Mukadam said that many Korean companies, especially SME were interested to come to Pakistan for business and investment as they intended to …

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