The Korea Herald

US lobby group opens FTA support site

EconomyDec 8, 2017

Ahead of trade revision talks between Seoul and Washington over the Korea-US Free Trade Agreement, the US Chamber of Commerce has launched a website highlighting the benefits of the KORUS deal. Sin...
Korea’s shipbuilding orders look to finish at world’s No. 2 this year

IndustryDec 8, 2017

Build orders for South Korea’s rebounding shipbuilding industry are likely to reach the second highest in the world this year, following China, according to data by British shipbuilding and marine an...
Korea’s agricultural exports to China rebound amid THAAD row thaw

Dec 7, 2017

South Korea’s exports of agricultural products to China showed signs of rebounding last month, following the announcement that South Korea and China had decided to begin normalizing bilateral relatio...
Construction sector welcomes increase in infrastructure budget

IndustryDec 6, 2017

Next year’s budget passed by the National Assembly in the wee hours of early Wednesday included 19 trillion won ($17.4 billion) set aside for various social overhead capital, or infrastructure, up 1....
LIG Nex1 showcases defense systems in Colombia

IndustryDec 6, 2017

South Korea’s LIG Nex1 highlighted the country’s leading defense systems at this year’s Expodefensa -- a global defense expo -- held in Bogota, Colombia, for three days from Monday. LIG Nex1, an ae...
Seoul to complete process for FTA talks by Dec. 18

EconomyDec 5, 2017

The Ministry of Trade, Industry and Energy announced Tuesday that it plans to submit a report regarding its plans to renegotiate the Korea-US Free Trade Agreement to the National Assembly on Dec. 18....
FTC looking to pursue charges against Hyosung Group

IndustryDec 4, 2017

The Fair Trade Commission confirmed that it has decided to submit a proposal to the prosecution to investigate allegations filed against Hyosung Group CEO and former Chairman Cho Suck-rai and his eld...
[Global Finance Awards] Mirae Asset continues to expand global network

MarketsDec 4, 2017

As an independent investment entity consisting of asset management, securities, insurance and real estate, Mirae Asset currently operates a global network in 12 countries, including 11 overseas subsi...
Agriculture remains hot button issue at 2nd FTA public hearing

EconomyDec 1, 2017

Some representatives of the farming sectors urged the Seoul government to refuse Washington’s demands to further open up the market or discard the bilateral trade pact completely during the second pu...
FTC head highlights market stability, drive for transparency to assure foreign businesses

EconomyNov 29, 2017

The head of the nation’s antitrust watchdog, Kim Sang-jo, assured foreign businesses here that he is confident the South Korean market will remain strong despite concerns over North Korea’s latest mi...
KITA launches weeklong events celebrating Trade Day anniversary

IndustryNov 28, 2017

The Korea International Trade Association announced Tuesday that it has kick-started its 10th annual Korea Grand Sourcing Fair, a two-day overseas marketing fair, as part of its weeklong hosting of t...
Samsung C&T wins bid for expressway in Singapore

IndustryNov 27, 2017

Samsung C&T has been selected by the Land Transport Authority to be the first contractor to design and construct a stretch of the North-South Corridor, an underground expressway in Singapore, the com...
Korea’s Q3 growth No. 2 among OECD on back of strong exports

EconomyNov 27, 2017

South Korea‘s third quarter economic growth was the second highest among the Organization for Economic Cooperation and Development nations, on the back of strengthening exports, data showed Monday. ...
Kosdaq ends down after brief surge past 800

MarketsNov 24, 2017

Korea’s second-tier Kosdaq market is continuing to soar, exceeding the 800-marker for the first time in more than a decade on Friday. The Kosdaq index rose 4 points (0.50 percent) to 800.80 as of 9...
Korea to expand trade talks during Olympics

EconomyNov 23, 2017

The South Korean government is looking to the upcoming 2018 PyeongChang Winter Olympics as beacon for providing additional means and opportunity in which the country can expand its economic territory...