Kia unveils U.S. market-specific bulky SUV Telluride in Detroit Kia Motors has revealed its production version of the 2019 Kia Telluride at the North American International Auto Show in Detroit, testing the waters in the world’s biggest market for big and bulky SU..

Hankook Tire to boast high-performance tires at AutoZum 2019 South Korea’s leading tire maker Hankook Tire Co. will show off its high-performance lineups including top-rated Ventus Prime 3 at global automotive trade fair AutoZum 2019 to be held on Jan 16-19 in ..

More than 600 KB Kookmin workers apply for early retirement this year More than 600 bankers applied for early retirement with KB Kookmin Bank after the country’s largest lender threw in more generous terms for the new round of early retirement as it grapples with labor ..

Shinsegae to merge online shopping malls after drawing foreign capital South Korean retail giant Shinsegae Group will merge grocery shopping malls to centralize online power.According to Shinsegae Group on Tuesday, online businesses of department store unit Shinsegae and..

SKT introduces next-gen RCS messaging starting with Galaxy phones South Korea’s leading wireless carrier SK Telecom Co. announced Tuesday that it has started providing next-generation communication service (RCS) expected to replace text messaging on Samsung Electron..

LG best TV, Samsung smartphone choice in U.K magazine Which? South Korea’s two electronics giants LG Electronics Inc. and Samsung Electronics Co. were picked as the best brands in the TV and smartphone sectors by British consumers last year, according to a reno..

Samsung Elec to pitch enhanced wind-free air conditioners at AHR Expo Samsung Electronics Co. will reveal its enhanced wind-free wall-mounted air conditioner and a host of other new products at the International Air-Conditioning, Heating, Refrigerating Exposition (AHR E..

Korean business tycoons to book their flights for 49th WEF in Davos South Korea’s top business leaders are booked to join the global debate on the sweeping changes in the making through the evolution from fourth industrial revolution at the World Economic Forum (WEF)’..

Hyundai Motor bags “Car of the Yr, SUV of the Yr” at Detroit show South Korea’s Hyundai Motor Group won the Car of the Year award for its Genesis G70 and SUV of the Year for Kona at the 2019 Detroit motor show, raising its hopes for a sales boost in the United State..

DSME off to a good start in 2019 with $366 mn orders for 4 VLCCs South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) has clinched a 409.5 billion ($366 million) order to build four units of very large crude carriers (VLCCs) from an unidentifie..

S. Korea’s Daelim Group begins third-generation management Daelim Group, South Korea’s 18th-largest conglomerate focusing on construction and petrochemical businesses, has embarked on the third-generation management under Lee Hae-wook, grandson of the group’s..

Jaguar launches all-electric SUV ‘I-PACE’ in Korea Jaguar Land Rover Korea said on Monday its highly lauded all-electric I-PACE is now available for sale in Korea. The 5-seat luxury sport utility electric vehicle has received positive feedback from th..

Hanwha Hotels & Resorts to build hotel-like residential complex in Korea Hanwha Hotels & Resorts Co., hotel and resort operating unit of South Korean conglomerate Hanwha Group, is developing a hotel-like residential complex that offers an integrated service for both long-t..

Samsung SDI to unveil ambitious lineup of EV batteries at Detroit Motor Show Samsung SDI, Korea’s major battery maker, said Monday it will present a massive lineup of next-generation electric vehicle batteries with innovative materials and differentiated designs at the 2019 No..

Korea’s Good Mobile to re-launch SKY-branded phones in H1 South Korea’s secondhand phone seller Good Mobile will revive and launch SKY brand smartphone and folder phone within the first half of this year. The company announced Monday that it signed a compre..

Samsung Elec chasing Israeli startup Corephotonics for $150 mn –sources Samsung Electronics is reportedly after Corephotonics, an Israeli startup specializing in smartphone camera technology, by offering around $150 million, according to sources on Sunday. If the deal is ..

Korea’s leading P2P platform Toss to each employee stock option worth $89,238 South Korea’s Viva Republica, an operator of local peer-to-peer payment app Toss that drew investment from U.S. venture capital last month will shell out 100 million won ($89,238) worth stock options ..

GM Korea’s Chevrolet Trax crowned Korea’s No.1 export car in 2018 Chevrolet Trax, subcompact sport utility vehicle made by GM Korea, was crowned as Korea’s No.1 export car model last year for the third year in a row. According to the Korea Automobile Manufacturers A..

Shilla Duty Free recruits Asia’s top social media influencers to pitch K-beauty South Korea’s Hotel Shilla has recruited five social media influencers across Asian countries to hype K-beauty products through Shilla Duty Free stores. The company said Monday that it will work with..

LG Elec’s first overseas showroom for built-in kitchen appliance in California LG Electronics Inc. has opened its first overseas showroom for the premium built-in appliance brand Signature Kitchen Suite in the U.S., buoyed by a 57 percent jump in sales in the world’s largest whi..

Korean researchers find genes to cause early-onset gastric cancer Korean researchers have found three mutated genes that cause early-onset gastric cancer in people aged 40 years or below for the first time in the world, paving the way for a method to ensure more acc..

LG Uplus, Google team up to create and distribute 3D VR content LG Uplus and Google have agreed to jointly back 3D virtual reality video contents for distribution via LG Uplus wireless platforms and video streaming service YouTube. The two will raise a 50-50 fund..

Korea’s Naver and LG Elec partner on next-generation robotics Internet name Naver and home appliance maker LG Electronics became latest from the Korean turf to team up for a better chance in the global heated race in robotics and computer intelligence-powered au..

Korea forecast to be one of top 5 IoT spenders in 2019: IDC South Korea, the world’s most digitally connected country, is expected to become one of the top five spenders on the Internet of Things (IoT) technologies this year, with the global spending on the in..

Samsung unveils wearable robotics and carebots at CES Samsung Electronics premiered its exoskeleton-assisted wearable robot Gait Enhancing & Motivating System (GEMS) and Samsung Bot products lineup developed as part of the company’s AI project at the CES..

NAVER unveils 5G-enabled advanced robotic arm at CES 2019 South Korea’s internet portal giant Naver Corp. showed off its hardware capabilities in artificial intelligence and robotic technologies at its debut on the world’s biggest consumer electronics trade ..

Korean insurers to get AI help from H2 to work out repair cost for damaged cars Insurance coverage to repair cars damaged by accidents will become faster in Korea as insurers will get help from artificial intelligence to work out cost from the second half.The Korea Insurance Deve..

LG Elec joins the race in rollable phone upon gaining U.S. patent LG Electronics Inc. has registered a rollable smartphone design patent in the United States, joining its rivals in the race of seeking breakthrough handheld hardware amid stagnancy in the global smart..

LG Elec to debut upgraded exoskeleton suit at CES At CES 2019, LG Electronics will debut an updated version of its wearable CLOi SuitBot that supports the lower body to reduce stress when lifting and bending, the company said on Thursday.Originally u..

Kia Motors to unveil AI-based car responding to feelings of passengers South Korea`s Kia Motors will showcase a novel concept car identifying feelings of drivers and passengers to create a better mobility experience at the 2019 Consumer Electronics Show (CES) in January...

Samsung’s latest assistant Bixby to mount on previous smart devices Samsung Electronics said on Thursday its latest Bixby 2.0 artificial intelligence platform will be deployed on older devices, including the Galaxy S8 and Galaxy Note 8 from the end of this month globa..

Mobile payment to be available overseas for Korean consumers South Korean consumers will be able to use mobile payment overseas through fintech firms next year while domestic mobile platform companies like Samsung Pay will be allowed to offer an overseas remitt..

LG to debut rollable TV set at CES, start selling from H1 of 2019 LG Electronics., a trendsetter in OLED displays, in upcoming Consumer Electronics Show (CES) will show off a 65-inch TV prototype that rolls up like a projector screen with an aim to bring the novel s..

SK Telecom launches app svc enabling free calls btw Korea and 168 countries SK Telecom has launched an app-based service enabling free voice calls between Korea and 168 countries. To benefit from the free voice call service, SK Telecom users are required to subscribe to the c..

Samsung and LG expected to debut 5G smartphones at MWC in Feb South Korean phone makers Samsung Electronics and LG Electronics are expected to unveil 5G smartphone models concurrently during the 2019 Mobile World Congress (MWC) in Barcelona, Spain in February 20..

Amputated Korean soldier gets Korea’s first commercial robotic leg Korean researchers have successfully developed a commercially viable ‘smart’ robotic prosthetic leg that perfectly simulates a human’s walking gait, providing wearers with a much more natural fit and ..

S. Korea opens world’s first 5G-based autonomous vehicle testing center South Korea on Monday opened K-City, the world’s first fifth-generation (5G) network-based mobility technology testing site in Hwaseong, Gyeonggi Province, a move that is expected to enhance the count..

Samsung Electronics opens software academy for youth training Samsung Electronics Co. has opened a computer software programming school for the youth with an aim to foster 10,000 young software engineers over the next five years. The tech giant said Monday it o..

Korea, US discuss future-oriented economic cooperation The second U.S.-Korea Joint Public-Private Economic Forum to promote and expand economic cooperation of the two countries was held on Thursday at Mayflower Hotel in Washington D.C., the United States...

Four out 10 across the world to be connected with 5G by 2024: report Four in every 10 of the world’s population will be connected to fifth-generation (5G) wireless network by 2024, communications equipment company Ericsson-LG said Friday.In a press conference in Seoul,..

KB Securities becomes new owner of Lotte Hotel in Guam at $64.3 mn KB Securities Co., investment bank unit of South Korea’s KB Financial Group Inc., has acquired a full stake in Lotte Hotel Guam in the western Pacific Ocean, becoming the country’s first brokerage hou..

Net asset value of Mirae Asset’s Tiger ETF surpasses $8.9 bn in 2018 South Korea’s Mirae Asset Global Investments Co. said on Monday that net asset value of its locally-managed exchange-traded funds (ETFs) has surpassed 10 trillion won ($8.9 billion) last year amid eff..

Woori officially rebranded as financial holding entity, govt pledges privatization Woori Bank has officially been upscaled to a full-fledged financing conglomerate with capabilities beyond banking and kicked off as Woori Financial Holding Corp. under the blessing from the government..

Foreigners turn into net sellers of Korean stocks for the first time in 3 yrs in ‘18 Foreign investors discarded more than owning Korean shares last year, the first shift in their position in three years, and instead bought Korean debt amid growing doubts about the Korean Inc. and und..

Foreign net capital outflow from Korean stock markets hit 7-year high in 2018 Net outflow of foreign capital from Korean stock markets in 2018 hit $5.66 billion, the largest in seven years, amid widening gap in interest rates and economic performance between South Korea and the..

Net asset value of S. Korean funds exceed $482 bn South Korea’s total fund net asset value increased to an all-time high of 544.3 trillion won ($486.4 billion) last year after relatively more stable and higher-yield commodity and bond funds successfu..

NPS cherry-picks IT, chip stocks, dumps chemicals and consumer stocks in Q4 South Korea’s National Pension Service (NPS), world’s third largest pension fund with $570 billion cherry-picked IT and semiconductor shares in the fourth quarter during bearish run on the Seoul marke..

Korean stocks lifted on signs of progress in U.S.-China trade talks South Korea’s stock market was lifted by a positive nuance from the ongoing trade negotiations between the United States and China. The main Kospi closed Wednesday 1.95 percent higher at 2,064.71. Th..

S. Korea’s ETF market reaches record $37 bn in 2018 South Korea’s exchange-traded fund market expanded sharply last year amidst protracted low-interest rate environment with total net asset value reaching an all-time high of 41 trillion won ($36.5 bill..

Kyung Nam Pharm avoids delisting but trading remains suspended for review Kyung Nam Pharm Co., one of South Korea’s oldest drug makers, avoided being kicked out of the secondary Kosdaq market after the local stock exchange operator gave the pharmaceutical company an additio..

Samsung Elec stk faces downgrades after Q4 results, likely rebound H2 Shares of Samsung Electronics Co., battered by downgrades by institutional players after the world’s largest chipmaker delivered the lowest results in nearly two years in preliminary fourth-quarter in..

Samsung Elec OP Q4 dn 39% on qtr, back to pre-boom figures of 2 yrs ago Samsung Electronics reported a bigger-than-expected 38.5 percent dip in its operating profit in the final quarter ended in December against the third quarter as chip-led hot streak peaked out. In its..

Korean markets boosted by US market surge, dovish Powell comments South Korean markets on Monday were buoyed by rallies in the U.S. markets upon a strong job report and Federal Reserve Chairman Jerome Powell’s dovish remarks on Friday that the U.S. central bank will..

Latest regulatory filings(02~04/01/2019) ◆ POSCO ICT COMPANY (Kosdaq Market) -Contract for Sales or Supply(Voluntary Disclosure)◆ SSANGYONG MOTOR (Stock Market) -Interim Report on Business Performance(Fair Disclosure)◆ SK hynix (Stock Market..

S. Korean stocks undervalued to 2008 financial crisis level: PER data South Korean stocks listed on the country’s main stock bourse are trading cheap with the price-to-earnings ratio (PER) of the main Korea Composite Stock Price Index (Kospi) falling to the financial cr..

Korean activist fund KCGI obtains 8.03% stake in Hanjin Transportation Korean activist fund KCGI further acted out on its pledge to keep an eye on transportation conglomerate Hanjin Group and its flagship full-service carrier Korean Air plagued by owner family risk throu..

Kospi loses 2,000 mark for first time in 2 months on China risk South Korean shares tumbled on Thursday with the benchmark index passing below the psychologically-important 2,000 level for the first time in two months on fears of a faster slowdown in the Chinese e..

Samsung Elec, SK Hynix touch 52-wk low amid jitters over chip outlook Shares of Korean chipmakers Samsung Electronics Co. and SK Hynix Inc. flirted around their 52-week lows on Thursday amid jitters about their performance in the fourth quarter and beyond.Samsung Electr..

Korean markets open 2019 on dismal note, Kospi down 1.5% South Korean shares opened 2019 on dismal note, plagued by institutional and foreign selling amid few upsides for the Korean Inc. in the new year.The major Korea Composite Stock Price Index (Kospi) en..

Margin call-triggered liquidation hits 7-year high in bearish Korean mkt Margin call issues that either enables brokerages or forces individuals to sell stock due to fall in equity value in the debt-financed stock purchase has affected Korean shares worth 2.3 trillion won ..

Korea’s leading indicator down 20th mo, longest since crisis-hit 90s: OECD The 20-straight-month slide in the leading indices for Korea under the scale of the Organization for Economic Cooperation and Development (OECD) suggests the economy has entered contraction. According..

Korea’s export, import prices in Dec slip to 8-mo low South Korea`s import and export prices fell for the second straight month in December to their lowest in eight months, suggesting softening in trade account for the country whose economy heavily depen..

Korea’s income-led growth model “risky”: Nobel laureate Paul Romer South Korea’s income-led economy is a risky model that could backfire if companies are discouraged to add new hires, warned Paul Romer, co-winner of the 2018 Nobel Prize for Economics. “What we see ..

Biz representatives give Moon econ policy 4.7 out of 10 Representatives of business organizations across Korea gave the Moon Jae-in administration below-average marks in economic management, with a majority fearing an economic crisis or recession. In a t..

KDI decisively turns negative on econ amid widening fall in exports State-run think tank Korea Development Institute (KDI) formerly raised alarm about the Korean economy falling into a recession upon identifying sharp deterioration in exports against still-lethargic d..

S. Korea’s food service revenue declines to lowest since 2010: data Revenue generated by restaurant and bar businesses in South Korea plunged to an all-time low in 2018 following changes in Koreans’ lifestyles with shorter working hours and a rise in the number of sin..

Korea’s finance ministry cites chip woes as economic risk The South Korean government, having turned negative about business conditions since October, warned of worsening economic signs from the slowdown in the semiconductor industry that buttressed exports ..

Korean tech companies must think globally to survive in new age: Maekyung CES Forum The transitional period of revolutionary changes destructing and redefining services, products, and business models pose great challenges to not just Samsung Electronics but all tech companies across ..

Korea’s 2018 jobless number highest on record, job growth weakest in 9 yrs South Korea saw the highest number of jobless last year since statistics guidelines were revised in 2000 with job additions being the lowest since the aftermath of 2008-2009 global financial crisis.Ac..

Korean businessmen negative about econ, optimism overwhelm for China, Japan Six out of 10 Korean businessmen were pessimistic about economic prospects for this year whereas optimism overwhelmed for the Chinese and Japanese, a survey found. According to a joint poll by Korea’s..

Korea’s Nov. current account surplus narrows to 7-month low South Korea’s current account surplus shrank to its smallest in seven months in November as growth in exports turned feeble due to reduced semiconductor demand. According to preliminary balance of pa..

Taxi industry must prepare for the eventuality of ridesharing age: Athey Ridesharing will inevitably become a norm for transportation means and Korea’s taxi industry should find ways for survival instead of outright resisting the eventuality, said renowned economist Susan ..

Newly-registered firms in Korea in 2018 expected to surpass 100,000 The number of new corporations set up in South Korea last year is estimated to top 100,000 for the first time as both retired people aged over 60 and younger people under 30 rushed to establish their ..

State unemployment subsidy up 29% on year to hit record high in Korea in ‘18 State subsidies for those who had lost jobs hit record 6.5 trillion won ($5.8 billion) last year, underscoring Korea’s job crisis. According to data released by the Ministry of Employment and Labor o..

Korean central govt to spend $157.4bn to jump-start economy in H1 The South Korean government will is ready to pump in 177 trillion won ($157.4 billion) in the first half of this year to rev up the lethargic economy. It already vowed to jump-start the economy by all..

Korea’s household lending by top 5 banks more than doubles ’18 on year Outstanding loans lent out to individuals from Korea’s five major banks added more than 42.06 trillion won ($37.3 billion) last year to top 570 trillion won, more than doubling the increase of 27.38 t..

◆Data (Source: BOK) ▶ Korea`s Official Foreign Reserves (December 2018) ■ Korea`s official foreign reserves as of the end of December 2018 amounted to 403.7 billion dollars.ㅇ Korea`s official foreign reserves consisted o..

FDI in Korea hit record high of $26.9 bn last year Foreign direct investment (FDI) in South Korea reached an all-time high of $26.9 billion last year, up 17.2 percent from the previous year. According to the Ministry of Trade, Industry and Energy on ..

Approval of Pres Moon at 50.4%, most unhappy about econ Positive review of South Korean President Moon Jae-in in his second year in office outweighed the negative, with improved ties with North Korea cited as his biggest achievement and economic governance..

Korea-India trade hits all-time high in ‘18 as Korea ups capex in India South Korea’s trade volume with India reached an all-time high of $21.5 billion last year, led by general demand for Korean electric components and also riding on India’s infrastructure push.According..

Foreign workers in Korea should file year-end tax settlement by Feb Like Korean nationals, foreigners with earned income in Korea also must complete electronic year-end tax settlements by the end of next month.The National Tax Service said on Tuesday that foreign work..

Pres Moon talks up investment and jobs with 130 biz leaders South Korean President Moon Jae-in invited 130 business leaders to the Blue House Tuesday at a time soured business sentiment and bleak job conditions are dampening growth prospects and shaking confid..

Korea grappling with worst level of dusty air for record long days The Korean peninsula has been enduring the worst wave of fine dust for record long days with the ultrafine particles, smaller than 2.5 micrometers in diameter, reaching 126 micrograms per cubic meter ..

Korean Y Gen jobseekers mind more about type of work than pay and security The Korean millennial generation minds whether they like the line of work or not more than what it pays and less of it being permanent. According to a survey released by local job portal provider Job..

Incheon-China ferry passengers up 34% on yr in 2018 Passengers on ferries running from Incheon of South Korea to 10 Chinese cities jumped 34.7 percent on year in 2018 amidst normalization of ties and travel following a year-long diplomatic spat over Ko..

Nearly half of Korean firms will skip Lunar New Year’s holiday bonus: survey Almost half of companies in Korea won’t give out special bonuses for the Lunar New Year’s holiday, a customary practice in the country, partly due to poor business performance, a survey found. Accordi..

Korean Pres vows to focus on jobs and innovations this year in New Year’s address Addressing job crisis through innovation growth would be the government’s top priority for 2019, said South Korean President Moon Jae-in Thursday in his New Year press conference.“The sluggishness in ..

S. Korean govt to allow limited ride-sharing for chartered buses Ride-sharing concept will become available for chartered buses in South Korea under the government’s push to enhance sharing economy business, an area Korea has been lagging behind.But given the tradi..

Passenger traffic at Incheon International Airport hit record in 2018 South Korea’s Incheon International Airport is expected to be the fifth-busiest airport in the world after annual international passenger traffic at the country’s main gateway hit the record high of 6..

More Koreans opt out marriage partly due to economic factors Staying single has become a trend across the age in Korea with few men and women in 20s walking down the aisle. According to a report released by Korea Institute for Health and Social Affairs on Tues..

KB Kookmin bankers stage first strike in 19 years over wage dispute Banking operation at South Korea’s largest commercial lender KB Kookmin Bank came to a virtual stop Tuesday as its union staged its first walkout in 19 years after wage negotiations with the managemen..

NK leader Kim visits China, raises expectations for NK-US summit on the horizon North Korean leader Kim Jong-un has made his fourth visit to China to hold a summit meeting with Chinese President Xi Jinping, raising expectations that a second summit with U.S. President Donald Trum..

S. Korean gov’t to permit lung in living donation South Korea will include lung in living donation candidates and hand or arm and feet or legs in brain-dead donation to expand the scope of transplants. Korea’s Ministry of Health and Welfare said Fri..

Korean president to replace chief of staff this month South Korean President Moon Jae-in is said to be seeking to replace his chief of staff as early as within this month, two months after he changed his top commanders on economic policy, to propel the g..

S. Korean govt to apply stricter rules on foreign M&A to prevent tech theft The South Korean government will step up oversight on technology leaks by toughening rules on cross-border merger and acquisitions (M&A) of Korean firms and strengthening punishment. The government o..

Seoul to outlaw aged vehicles on roads during heavy dust days From February 15, aged vehicles that do not meet the emissions standards will be banned from roads in and around Seoul on days fine dust alert is issued. The Seoul Metropolitan Government said Wednesd..

Seoul apartment prices likely to soften after biggest gain in 12 yrs Apartment prices in Seoul are set for fast cooling and downturn this year after rising last year by the steepest pace in 12 years. Seoul apartment prices jumped 8.22 percent year-over-year in 2018, t..

Seoul toughens watch and action vs piracy of Korean software and contents South Korean authorities are toughening up guard against property rights of K-pop and other contents amid increasing infringement and blatant copying and distribution of Korean programs.The Korea Comm..

Innovation guru Clayton Christensen calls for Korea to be more disruptive Korean companies need to be more disruptive and focus on market-creating innovations to drive genuine growth, said Harvard Business School professor Clayton M. Christensen. “My hope for Korea is for..

Korean overseas travelers prefer to design their own trips, Hana Tour study South Koreans now prefer to design their own travel itinerary and join local tour programs instead of going along with fully pre-packaged tours when going overseas.Gone are the days when Koreans went ..

Myanmar trade deficit narrows in Oct-Dec on higher exports Myanmar reduced its trade deficit for the October-December 2018 quarter to US$833 million from $1.2 billion during the same period in 2017, according to government data. Total trade expanded to $8.1 b..

Viet Nam improves animal farming quality Improving the quality and safety of animal husbandry products remains a major export priority in Viet Nam. Nguyen Xuan Cuong, Minister of Agriculture and Rural Development, said that competition in..

Thailand Firms confident about 2019 GDP Business operators have an optimistic outlook on the country`s GDP in 2019, thanks to the upcoming general election, implementation of the Eastern Economic Corridor (EEC) and the coronation ceremony f..

Confidence Returns to Indonesia`s Financial Markets After a steep correction last year and pressure on the rupiah, Indonesia expects stability to return to its financial markets this year as foreign capital starts flowing back into the domestic market...

Viet Nam to test 5G mobile network this year Viet Nam will enhance its telecommunications infrastructure, expand its broadband network and develop 5G mobile connectivity this year. The latter is a key component of the Government`s Resolution ..

Outlook good for the Kingdom`s agro sector Buoyed by year on year growth, the Kingdom`s agriculture sector remained positive about its growth potential this year, despite the looming threat of EU safeguard measures hanging over the country`s r..

Viet Nam invests $432 million abroad in 2018 Viet Nam`s total outbound investment in 2018 was an estimated US$432 million, according to the General Statistics Office. Of that number, $376.2 million was poured into 149 new projects while the r..

Korean insurer quits Myanmar as investor patience runs dry South Korea`s largest insurance company has left Myanmar as business patience over the government`s delay in liberalising the insurance market is in short supply. Samsung Life Insurance, a subsidia..

Msia to boost revenue in 2019 on higher oil price Malaysia is expected to receive a boost in its revenue next year on higher oil price, with the local and global analysts predicting the Brent crude to rebound to around US$72-US$75 average a barrel fo..

Viet Nam GDP growth rate highest in 11 years Prime Minister Nguyen Xuan Phuc chaired the Government`s regular meeting on Thursday, during which he shared that Viet Nam`s GDP growth rate rose 7.08 per cent in 2018 - the highest rate for the past ..

Deputy PM calls for Japanese investment in automobile, energy Deputy Prime Minister Trinh đinh Dung called for more Japanese investment in automobile, energy and tourism industry, which are fields with huge demand and development potential in Viet Nam. The G..

Taiwan`s aluminium maker launches $13m Thilawa plant Taiwan`s top aluminium maker has launched its first manufacturing plant in Myanmar. Abba Aluminium Co, headquartered in Taoyuan, held the opening ceremony for its factory in Thilawa Special Economi..

AirAsia sells 25 aircraft to US private investment firm for US$768mil AirAsia Group Bhd, Asia`s leading low-cost carrier, has sold 25 existing aircraft to AS Air Lease Holdings 5T DAC, an entity indirectly controlled by Castlelake LP (Castlelake), in a deal valued at US..

Chinese to invest in Kingdom`s rice China`s Henan Yuguang International Economic and Technical Cooperation Co Ltd (HYIETC) has expressed interest in investing in the Kingdom`s rice facilities ? a move welcomed by the government and the ..

VN, China to boost trade co-operation Viet Nam was one of the fastest growing economies in the world and had been recognised as the new economic tiger of Asia. The statement was made by Secretary General of Boao Forum for Asia (BFA) Li..

Cambodia`s Miss Universe contestant to return home Twenty-three-year-old Rern Sinat from Kampong Cham province, only the second Miss Cambodia to compete in the Miss Universe beauty pageant, is said to be "a little disappointed but in good spirits" aft..

Mekong Delta to boost regional connectivity Regional connectivity and co-ordination is critical to the Mekong Delta`s harmonious and sustainable development, as is resolving conflicts in development. The statement was made by Deputy Minister..

MAHB`s record-breaking profits bring risks to the Malaysian economy and tourism industry: AirAsia Malaysia Airports Holdings Bhd`s (MAHB) record profits, which the group claimed to be attributed to an increase in passenger service charge (PSC) and growth in passenger numbers, come at a cost to the..

Phnom Penh Port expansion set to boost Kingdom`s waterways shipping The launch of the 2nd phase of the Phnom Penh Autonomous Port`s (PPAP) container terminal will boost the Kingdom`s waterway shipping through more trade capacity and reduced costs, according to industr..

HCM City works to further improve investment environment HCM City has always taken on board suggestions from foreign businesses, including Japanese, for improving its investment environment and living conditions and adopting appropriate policies to enable f..

[Hidden Market Picks] Undervalued CKD set to gain most among Korean bio peers To meet growing interest and demand in Kosdaq, venture, and smaller-cap shares in Korea, Pulse will supply news and information on relatively lesser-known stocks to our readers with the help of our an..

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