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Bulk of smaller firms gloomy about sales

More than 7 in 10 small and medium-sized enterprises in South Korea are gloomy about their sales this year due to dwindling demand at home and abroad, a poll showed Monday. According to the survey o...

Nov 26, 2018
Economy
Majority Koreans recognize forests' role in improving life: survey

South Koreans are aware of the benefits of forests and their role in improving quality of life, according to a survey conducted by the National Institute of Forest Science under the Korea Forest Serv...

Nov 25, 2018
Economy
Money continuing to flow into Seoul, Gyeonggi: KIET

South Korea's capital city of Seoul and the neighboring Gyeonggi Province continue to attract money from other parts of the country despite efforts to strive for balanced growth, a report by a state-...

Nov 25, 2018
Economy
[Management in Korea] When career momentum stops, look beneath the surface

Management in Korea is a regular column written by the members of Egon Zehnder Seoul, touching on various aspects of Korean enterprises and business leaders and offering management tips. -- Ed. As a...

Nov 25, 2018
Economy
Korea's air passenger traffic hits record high for Oct.

South Korea's air passenger traffic reached a record high for October on increased overseas travel demand, the government said Sunday. The number of air passengers came to 10.06 million for the mont...

Nov 25, 2018
Economy
'Gabjil' complaints filed by worker nears 9,000 as of Oct.

The number of people who claim they experienced "gabjil" at their jobs neared the 9,000 mark in October, amid growing public condemnation against high-handedness at workplaces, a local employment inf...

Nov 25, 2018
Economy
SMEs hire fewer foreign workers, cite heavier burdens: poll

South Korea’s small and medium-sized enterprises are finding it increasingly difficult to hire foreign workers amid rising minimum wages and a prolonged economic downturn, a survey by a local busines...

Nov 25, 2018
Economy
Seoul shares expected to stay low-key ahead of key events

South Korean stocks are expected to show some toned-down movements next week as investors await the results of key events at home and abroad, analysts said Saturday. The benchmark Korea Composite St...

Nov 24, 2018
Economy
Seoul warns of rampant fraud on online shopping sites ahead of year-end holidays

As the peak shopping season approaches, with Black Friday falling in the US this week and the holiday season next month, consumers are at an increased risk of fraud when using cross-border shopping s...

Nov 22, 2018
Economy
[Newsmaker] How much trouble is Samsung BioLogics in?

[KH Explains]: Answers to some of the most frequently raised questions regarding Samsung BioLogics case On Nov. 14, the market was thrown into commotion, and heated debates arose, as the South Korea...

Nov 22, 2018
Economy
[Monitor] World Talent Ranking list 2018

Among 63 nations, Korea’s talent competitiveness ranked 33rd with a score of 62.32 out of 100 points according to the International Institute Management Development in Switzerland. Switzerland topped...

Nov 22, 2018
Economy
Weak govt. spending, inflexible labor rules constrain youth employment: report

South Korea's weak spending on labor market policies and inflexible employment rules have limited youth employment to some extent, a report said Thursday. According to the report published by the Ba...

Nov 22, 2018
Economy
Household income grows in Q3, but wealth gap widens

South Korea's household income rose in the third quarter from a year earlier, but the income gap between the haves and have-nots widened, a government report showed Thursday. An average household ea...

Nov 22, 2018
Economy
Number of foreign tourists to Korea soars 31% in October

The number of foreigners who visited South Korea rose 31.1 percent in October from a year earlier mainly due to a base effect after visits by Chinese nationals plunged in 2017, the local tourism prom...

Nov 22, 2018
Economy
OECD maintains S. Korea's 2018 economic growth estimate at 2.7 pct

South Korea's economy is expected to grow 2.7 percent this year, the same pace predicted in September, a Paris-based international organization said Wednesday. In its economic outlook, the Organizat...

Nov 21, 2018
Economy

The Korea Herald by Herald Corporation

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