The Korea Herald

Panko to establish a fabric complex in Myanmar

Aug 26, 2016

[ THE INVESTOR ] South Korean clothing maker Panko will establish a large fabric industry complex in Myanmar, local and Myanmar media reported Aug. 26. According to reports, Panko will collaborate...
Funds investing in bonds draw 10 trillion won in three months a

Aug 26, 2016

[ THE INVESTOR ] The amount of money held in funds investing in bonds broke the barrier of 110 trillion won (US$98.7 billion), the Korea Financial Investment Association said on Aug. 26. According...
KOSDAQ-listed firms’ M&As more than double in H1

Aug 26, 2016

[ THE INVESTOR ] The number of actions taken for mergers and acquisitions by companies listed on the tech-laden KOSDAQ exchange more than doubled from a year ago, the Korea M&A Exchange said on Aug...
S. Korean institutions invest record amount in foreign securities

Aug 26, 2016

[ THE INVESTOR ] South Korean institutional investors injected a record amount of funds into overseas securities this year, the Bank of Korea said Aug. 26. According to the central bank, South Kor...
Vietnam rises as major export destination of S. Korea

Aug 25, 2016

[ THE INVESTOR ] South Korea’s exports to Vietnam are rising rapidly despite the record-long run of monthly exports decreases, data showed Aug. 25. According to the Korea International Trade Assoc...
LG, SK groups planning large bond issues

Aug 25, 2016

[ THE INVESTOR ] LG Group and SK Group companies are set to issue large amounts of corporate bonds within the year. Much of the funds raised will be used to cover maturing bonds, while compani...
China-North Korea trade drops on sanctions, lack of foreign currency

Aug 25, 2016

[ THE INVESTOR ] China’s exports to North Korea showed the largest on-year drop in July, Korea International Trade Association said Aug. 24. According to KITA, China’s exports to North Korea came ...
Hyundai Motor, union reach tentative agreement in wages talks

Aug 25, 2016

[ THE INVESTOR ] Hyundai Motor and its union reached a tentative agreement in this year’s wages negotiations on Aug. 24. The union will vote on the agreed terms on Aug. 26. The terms include rai...
S. Korean insurers’ RBC ratio rises for second consecutive quarter

Aug 24, 2016

[ THE INVESTOR ] South Korean insurance companies’ rick-based capital ratio increased for the second consecutive quarter, data showed Aug. 24. According to the Financial Supervisory Service, the ...
Hyundai Life and Heungkuk Fire’s RBC ratios lowest in industry

Aug 24, 2016

[ THE INVESTOR ] Hyundai Life Insurance and Heungkuk Fire & Marine Insurance have the lowest risk-based capital ratio among South Korean life and nonlife insurers, government data showed Aug. 24...
POSCO chief rules out use of business revitalization act

Aug 24, 2016

[ THE INVESTOR ] POSCO has no plans to capitalize on the new law facilitating business restructuring, the company’s CEO said Aug. 24. Speaking at the Steel Korea conference held in Seoul, POSCO ...
S. Korea’s intellectual property trade deficit narrows in Q1

Aug 24, 2016

[ THE INVESTOR ] South Korea trade deficit from intellectual property rights came to US$780 million in the first quarter of the year, down US$410 million from the previous quarter, Bank of Korea an...
KEPCO’s venture posts losses from the get-go

Aug 24, 2016

[ THE INVESTOR ] State-run electricity provider Korea Electric Power Corp . .’s gasification joint venture has built up over 5.4 billion won (US$4.81 million) in operating loss since 2011, a Na...
State power companies’ profits soar on higher charges, lower fuel costs

Aug 24, 2016

[ THE INVESTOR ] The operating profits of state-run power companies have increased 841 percent in two years, data showed on Aug. 24. The seven companies are Korea Electric Power Corp ., Korea So...
S. Korea sets up hydrogen power organization

Aug 24, 2016

[ THE INVESTOR ] A government-private sector body for facilitating the spread of hydrogen energy was launched Aug. 24. State organizations taking part in the newly formed body include the Ministr...