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Business Korea is the oldest and most well-known monthly about business on the Korean peninsula. It
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It was first published in June 1983, and celebrated its 30th anniversary last year. Business Korea’s readers include managers and executives with companies both large and small, as well as Korea’s top decision-makers and top-ranking ministry officials. Our subscribers and readers also include members of the expatriate business and diplomatic community in Korea. Internationally, we are Korea's most

read business and financial publication, with a rapidly growing list of sophisticated readers in more than 100 countries.

29/08/2023

Samsung Electronics and SK hynix are expected to face another hurdle in achieving their business goals as electricity prices rose amid a slowdown in the semico

29/08/2023

Hyundai Engineering & Construction (E&C) is on the cusp of entering the global top 10, having secured the 11th spot in the “Top 250 International Contractors”

23/08/2023

Chey Jae-won, Vice Chairman of SK Group, met with Ola Källenius, CEO and Chairman of the Board of Mercedes-Benz Group, to explore potential business collaborat

23/08/2023

Correction 8/23 4:09 p.m. KST: A previous version of this story incorrectly stated that the Federation of Korean Industries had changed its name to the

17/08/2023

Despite a sharp decline in operating profits, the top 50 companies in the stock market (KOSPI) have increased their workforce by more than 13,000 employees.According to the semi-annual reports rele...

21/07/2023

In the United States, a road has been named after South Korean conglomerate SK Group.SK on announced on July 20 that “Steve Reynolds Industrial Parkway,” a road near the SK Battery America (SKBA)...

05/07/2023

A controversy has been brewing over the pricing policy of Five Guys, a U.S. hamburger brand that recently landed in Korea led by Hanwha Group’s Kim Dong-sun, head of strategy at Hanwha Galleria an...

05/07/2023

As China’s recovery from the coronavirus pandemic has been slower than expected, investors are increasingly turning to so-called post-China markets such as India and Vietnam.In fact, the Indian an...

05/07/2023

It has been 30 years since Korea began hiring foreign workers in earnest with the introduction of the Industrial Trainee System in 1993, which was replaced by the employment permit system in 2004. ...

18/06/2023

Samsung Electronics is developing a generative artificial intelligence (AI) service for employees. This strategy aims to boost productivity and work efficiency through customized AI developed in-ho...

10/05/2023

The three major Korean battery companies accounted for 49.0 percent of the global electric vehicle battery market, excluding China, in the first quarter. The total usage of their batteries amounted...

10/05/2023

S-OIL said that the company appointed Anwar A. Al-Hejazi, former president of Aramco Asia as its new CEO in an extraordinary general meeting of shareholders and the board of directors on May 9.“Al...

10/05/2023

Korea Midland Power (KOMIPO) said that it explored the Philippine power market with nine excellent partners for three days from May 2 to 4.KOMIPO’s market development team held a technical seminar...

27/04/2023

President Yoon Suk-yeol and Vice President Kamala Harris met at the NASA Goddard Space Flight Center on April 25. There, NASA Deputy Administrator Pam Melroy and Science and ICT Minister Lee Jong-h...

25/04/2023

SK E&S will join hands with China’s state-run energy company. After liquefied natural gas (LNG), SK E&S is expanding its business areas into hydrogen to tap into the Chinese energy market....

25/04/2023

At a board of directors meeting on April 24, POSCO Future M approved a project to invest a total of 614.8 billion won (US$460.1 million) by 2025 to build an additional 46,000-ton high-nickel NCMA c...

25/04/2023

Toyota will square off with Hyundai Motor Group by launching the brand’s first electric sedan, the bZ3, in partnership with the Chinese auto industry.According to the automobile industry on April ...

25/04/2023

UK fabless powerhouse ARM has started to develop its own chip. Many analysts believe that it is a measure to expand the number of customers and increase the value of listing by proving competitiven...

11/04/2023

Hyosung TNC released Creora Bio-Based Black, a black edition of Creora Bio-Based and Creora Regen Black, a black edition of Creora Regen. Creora Bio-Based is a bio spandex product and Creora Regen ...

11/04/2023

Several A330 aircraft owned by Korean Air made emergency landings on three occasions in the second half of last year for reasons such as engine problems. This time, it caused inconvenience to passe...

11/04/2023

Just six months since launching the GlucoMen Day PUMP, a blood sugar control solution, in Europe, EOFlow is facing sales suspension of the product. Insulet, the No. 1 insulin pump company in German...

04/04/2023

Doosan Corp. announced on April 3 that it has signed a joint development agreement (JDA) with US polymer materials manufacturer Ionic Materials to develop high-functional advanced materials using l...

04/04/2023

Just in six months since launching the GlucoMen Day PUMP, a blood sugar control solution, in Europe, EOFlow is facing a sales suspension on the product. Insulet, the No. 1 insulin pump company in G...

04/04/2023

Hyundai Rotem has completed preparations for main contract negotiations for the Polish K2 tank (K2PL). It has also decided to promote production of the K2 tank in Poland.Hyundai Rotem announced on ...

19/03/2023

The Ministry of Trade, Industry and Energy announced on March 16 that South Korea and the UAE had a business roundtable in the UAE and US$2 billion worth of a contract and MOUs were signed there.Sp...

19/03/2023

The Export-Import Bank of Korea (Korea Eximbank) announced on March 16 that it signed an MOU for financial cooperation with NuScale Power, a leading small modular reactor (SMR) company in the Unite...

19/03/2023

SK Inc. announced on March 16 that it signed a contract to sell all of its stake in Turo, a peer-to-peer (P2P) vehicle-sharing platform, for US$67.5 million (approximately 88.1 billion won).SK Inc....

19/03/2023

Robots are rapidly emerging as a hot next-generation item in technological competition between Samsung Electronics and LG Electronics, two powerhouses in the Korean electronics industry.“We will s...

15/02/2023

Five years have passed since Mirae Asset Global Investments acquired Global X, a U.S. ETF management company. Global X has grown exponentially from a rising star in the U.S. market to a leader in t...

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