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Top Afreeca TV streamer made W1.7m per hour in Dec.Jan 3, 2021AfreecaTV streamers reaped donations of worth 41 billion won ($37.6 million) in December, with the highest-earner recording 452 million won, equivalent to an hourly wage of 1.7 million won. Accordin... -
S. Korea to invest nearly W6tr into science, ICT R&D in 2021Jan 3, 2021South Korea said Sunday it will spend 5.8 trillion won ($5.3 billion) on science and information and communication technology (ICT) research this year as the country fosters new tech industries under... -
EV battery makers set to report robust Q4 results on strong demandJan 3, 2021South Korea's three electric vehicle (EV) battery makers are expected to report robust or improved fourth-quarter earnings results on growing demand for electrified vehicles, analysts said Sunday. L... -
Samsung Electronics Q4 earnings estimate cut on weak dollar, virus resurgenceJan 3, 2021Samsung Electronics Co., the world's largest memory chip maker, is expected to report a smaller-than-earlier operating income estimate due to the weakness of the US dollar, industry sources said Sund... -
S. Korea's antitrust watchdog tipped to complete review of Daewoo Shipbuilding-KSOE merger in Q1Jan 3, 2021South Korea's antitrust watchdog is likely to complete the review of the merger between two South Korean shipbuilding giants during the first quarter of the year, industry sources said Sunday, possib... -
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[New Year Special] What will lead Korea’s economic recovery in 2021?Jan 1, 2021Growth after COVID-19 to come from IT, e-commerce, biotech and game industries -
Top 8 purchases of 2020Dec 31, 2020We are what we buy. Our purchases reflect our needs and desires, formed by the circumstances and trends of the time. If before, people spent money on goods that would enhance their exteriors, such a... -
Bio sector output up 16.2% at over W12tr in 2019: dataDec 31, 2020Output in South Korea's bio industry increased 16.2 percent in 2019 from the previous year on the back of robust growth of outsourced business, industry data showed Thursday. The value of output in ... -
Businesses’ 2021 wish: Clear line between politics and economyDec 31, 2020Deregulation is what South Korean business entities want badly for the new year, with many of them raising concerns about a slew of legislation that they say will constrain business activities. Acco... -
Cash-strapped Doosan Heavy improves financial health via self-rescue planDec 31, 2020Cash-strapped Doosan Heavy Industries & Construction Co. has improved its financial health this year by selling new shares and assets and receiving financial help from its holding company Doosan Corp... -
LG Energy Solution ranks second in EV battery market in Jan.-Nov. periodDec 31, 2020South Korean battery maker LG Energy Solution Ltd. was the second-biggest supplier of electric vehicle (EV) batteries in the first 11 months of the year following China's CATL, a market research firm... -
Iraq signs $2.625b Faw port contract with Daewoo E&CDec 30, 2020Iraq agreed a $2.625 billion deal with South Korea's Daewoo Engineering & Construction on Wednesday to build the first phase at its planned Faw commodities port in the south of the country. Under th... -
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[News Focus] COVID-19 vaccines: What’s coming and when?Dec 30, 2020South Korea’s COVID-19 vaccine plans are slowly taking shape. Once shrouded in secrecy, the government is no longer holding back in sharing the outcomes of negotiations with individual vaccine firms... -
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[Best Brand] Lotte leads digital transformation of duty-free storesDec 30, 2020Duty-free shop / Lotte Duty Free -
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