[Lee Jae-min] Will minimum wage hike step up automation?

The Korea Herald > Business > Economy

[Herald Interview] From kiwi to beef, Chile looks for greater access

Chile has been a reliable provider of agricultural products to Korea for many years and is looking to expand and hasten new products into the local market. Beef is big business and one that brings h...

Updated : 2011.05.01 19:18

Korea posts $5.82b trade surplus in April

South Korea’s trade surplus surged to $5.8 billion in April, up sharply from $2.8 billion the previous month on brisk exports of petroleum products and ships, the Ministry of Knowledge Economy said ...

Updated : 2011.05.01 19:17

S. Korea's trade surplus reaches $5.82 bln in April

South Korea's trade surplus reached $5.82 billion in April up sharply from US$2.78 billion the previous month amid brisk exports, a government report showed Sunday. April marks the 15th straight mon...

Updated : 2011.05.01 09:27

Korean iPhone users sue Apple

A group of Korean iPhone users on Thursday filed a class action lawsuit against U.S. telecom giant Apple Inc. and its Korean unit over the firm's allegedly illegal collection of users' location data....

Updated : 2011.04.29 09:26

Korea's industrial output grows 8.7% in March

Korea's industrial output grew for the 21st straight month in March, indicating that the nation's economy continued to expand, a government report showed Friday. According to the report by Statistic...

Updated : 2011.04.29 09:22

State media regulator to soon question Google over location log

The Korea Communications Commission said Thursday that it plans on sending a questionnaire to Google Inc. involving the collection of location information of its smartphone users here. The event tak...

Updated : 2011.04.28 19:32

Chaebol seethe at Seoul’s control drive

The country’s corporate giants appeared to be inwardly seething over the latest remarks from a presidential aide who said public funds should play a bigger role in promoting corporate governance by m...

Updated : 2011.04.27 20:16

Business sentiment up for May

South Korea’s business sentiment for May rose from a month ago on expectations about solid economic growth at home and abroad, a poll showed Wednesday. The monthly Business Survey Index (BSI) for th...

Updated : 2011.04.27 19:55

Ulleung Island in East Sea to be zero-carbon area

By Choi He-suk Ulleung Island in the East Sea will be established as a zero-carbon island where most energy requirements are met by renewable sources, according to a government plan released Wednesd...

Updated : 2011.04.27 19:22

Controversy to elevate on location-based service bill

By Cho Ji-hyun The government has approved a plan to relax the regulations on cellphone location-based services amid rising public calls for better state privacy protection measures. The Cabinet en...

Updated : 2011.04.27 19:18

S. Korean economy grows 1.4 pct in Q1

The South Korean economy grew 1.4 percent in the first quarter from three months earlier on sustained exports and improving domestic demand, the central bank said Wednesday. The first-quarter growth...

Updated : 2011.04.27 10:01

Lee aide urges public funds to keep chaebol in check

A presidential aide Tuesday urged the national pension and other public funds to avidly exercise their shareholder rights in order to keep larger companies in check. “Public funds exercising their s...

Updated : 2011.04.26 19:46

Seoul-Beijing direct flights to open in July

South Korea and China have agreed to provide flight services between Seoul and Beijing in a move to reduce overall travel time, the transportation ministry said Tuesday. The two nations recently sig...

Updated : 2011.04.26 19:32

Outbound travelers fall to 16-month low

The number of South Korean travelers going overseas fell to a 16-month low in March, apparently due to the recent earthquake and tsunami that hit Japan, the top destination for outbound tourists, dat...

Updated : 2011.04.26 19:31

International air travel grows 6% in Q1

The number of passengers using international air flights grew about 6 percent during the first quarter as people were bolstered to travel by the ongoing economic recovery, the transportation ministry...

Updated : 2011.04.26 19:31