CJ CheilJedang buys Tony’s pizza maker Schwan’s for $1.84 bn South Korean food giant CJ CheilJedang Corp. has finalized a deal to take over a controlling 80 percent in Minnesota food distributer Schwan’s Company for $1.84 billion in its biggest-ever M&A project..

Kia Motors teases next-gen Soul Crossover Kia Motors Corp. has revealed teaser image of its next-generation Soul compact crossover, which will make its world debut at the LA Auto Show running from Nov. 30 to Dec. 9, through its U.S. subsidiar..

Hyundai Motor invests in U.S. drone startup Top Flight South Korea’s Hyundai Motor Co. will invest in a U.S. unmanned aerial vehicle (UAV) firm as it looks beyond traditional ground vehicles for future growth. Korea’s largest automaker said Thursday it ..

CJ tops list in job additions this year among Korean household corporate names CJ Group has topped the list of job creation among Korea’s top 30 conglomerates over the past year, according to data released on Thursday. CJ was followed by SK and Samsung, Lotte and Hyundai Depar..

Theta Labs to share real-world blockchain tech experience with KAIST students Theta Labs Inc., Silicon Valley-based blockchain-powered media network startup, has teamed up with South Korea’s top engineering school Korea Advanced Institute of Science and Technology (KAIST) to ru..

Netflix moves into Korean living rooms by joining up with LG U+ LG U+, a Korean telecom carrier, said on Thursday it has entered into a partnership with Netflix, allowing the world’s leading internet entertainment service into the living rooms of Korea via its IPT..

Kumho Tire extends operating loss for 7th straight quarter in Q3 2018 South Korea’s second-largest tire maker Kumho Tire Co. reported poorer-than-expected results for the third quarter with its operating loss stretching to the seventh consecutive quarter amid normalizat..

STX invests $6 mn to build LPG tank terminal in Russia STX Corp., a South Korean trading company recently sold to Chinese fund AFC Mercury, will invest $6 million to build a liquefied petroleum gas (LPG) tank terminal in Khasan, Primorsky Krai, Russia, wh..

Lotte Mart adopts Alipay to court Chinese shoppers South Korean supermarket chain Lotte Mart will start supporting the Chinese payment service Alipay to better appeal to Chinese customers ahead of Lotte’s largest shopping festival of the year. Lotte M..

Hyundai-Kia, Vodafone link up for connected car service in Europe South Korea’s Hyundai Motor Co. and its sibling Kia Motors Corp. will provide connected car service to Europe next year by teaming up with the world’s second biggest telecommunication firm Vodafone.Th..

Online sales overwhelm revenue at traditional stores in Korea South Korea’s retail industry is undergoing landscape change with online sales on track to overwhelm revenue at traditional brick-and-mortar stores.According to a study by the Korea Chamber of Commerc..

Jeju Air to launch new route to Chiang Mai, Thailand, on Dec. 19 South Korea’s leading budget carrier Jeju Air Co. confirmed Wednesday it will launch a new daily flight from Incheon, South Korea, to Chiang Mai, Thailand, on Dec. 19 to meet the growing travel demand..

SK Innovation selected as VW’s major EV battery cell supplier SK Innovation has joined other two Korean battery makers as Volkswagen Group’s strategic suppliers of battery cells for electric vehicles based on the Modular Electric Toolkit (MEB), the German carmak..

SK Chemicals to showcase lightweight car solution at JEC Asia 2018 SK Chemicals Co. said on Tuesday it will present its innovative solutions for car components at JEC Asia 2018 International Composite Materials Exhibition to be held at COEX in Seoul for three days fr..

Lotte Group to make bigger push in AI retail South Korea’s retail giant Lotte Group has set out to make artificial intelligence (AI) a transformative force across its vast retail network that ranges from convenience stores to supermarkets. Lotte..

Korean Air’s Q3 OP up 13% on-yr on increased long-haul passengers South Korea’s largest full-service carrier Korean Air Lines Co. reported a 13 percent on-year gain in operating profit in the third quarter as a rise in demand for long-haul travels has more than offs..

Hyundai Motor G90 draws over 2,700 pre-orders in Korea on first day G90, the flagship sedan of Hyundai Motor’s luxury brand Genesis, is off to a smooth sailing with pre-orders topping 2,700 on the first day. Hyundai Motor said Tuesday that it booked total 2,774 pre-or..

Global investment banks scale down Korean operations amid falling profits Macquarie Bank has decided to shutter its banking operations in South Korea, becoming the sixth foreign investment bank over the last two years to scale down business in Asia’s fourth-largest economy ..

Samsung Elec expected to launch 5G-powered Galaxy S10 early 2019 Samsung Electronics Co.’s upcoming flagship Galaxy S10 expected to hit the market early next year would support the fifth-generation (5G) network, but the much-awaited foldable phone will be backed by..

Korean brands ride on record Singles Day shopping gala in China South Korean retailers benefited from another record-setting Nov. 11 Singles Day shopping extravaganza led by Alibaba Group of China.Korea’s top beauty and personal care brand LG Household & Health Ca..

Korea govt to allow hydrogen fuel stations at urban commercial districts The Korean government will ease some 80 additional regulations to stimulate the development of innovative products and services in newly emerging tech sectors. The deregulation includes allowing the e..

Samsung releases premium mobile AP Exynos 9 Series Samsung Electronics Wednesday said it will mass produce its latest premium application processor (AP), the Exynos 9 Series 9820 within this year. The new chipset equipped for on-device artificial int..

Staffing cannot keep up with expansion in Korean biotech South Korean biotech companies are short in personnel, a contrasting situation where the country’s overall unemployed population have hovered above 1 million for nine straight months. Biotech companie..

Samsung Elec to top global semiconductor rank, SK Hynix at 3rd: IC Insight Samsung Electronics is expected to solidify its leadership in global semiconductor sales this year, surpassing Intel for a second year in a row on the back of strong shipments of memory chips, while s..

SK Hynix enters 1Y 8Gb DDR4 DRAM in 10-nano range technology SK Hynix under its roadmap in 10-nano-range memory announced Monday that it has developed 1Y 8Gb DDR4 DRAM memory, delivering 20 percent improvement in productivity and more than 15 percent in power c..

Govt, Korean battery makers join forces in next-gen rechargeable solutions For a headstart in the global race over battery supremacy in an age where rechargeables are essential to transmit clean and renewable power, South Korea’s majors LG Chem, Samsung SDI and SK Innovation..

LG Innotek develops LTE-based cellular V2X module South Korea’s electronic materials and components supplier LG Innotek Co. announced Monday that it succeeded in developing a cellular vehicle-to-everything (C-V2X) module based on long-term evolution ..

LG Display secures $1 bn ammunition to finance OLED expansion campaign Despite poor earnings that could have stalled its upgrade plan, LG Display vowed to press ahead with campaign to upscale and bolster capacity in production for OLED panels through $1 billion ammunitio..

Samsung unveils display specs of foldable phone optimized for multitasking The world’s first foldable handheld device opens up to a 7.3-inch display capable of supporting three active apps at once like a mini tablet, although primarily working as a phone, according to its in..

Samsung Elec teases foldable device, may unveil in Nov. 7 developer forum Samsung Electronics Monday posted a logo image teasing a foldable phone, suggesting imminent release of the new type of handheld device in hopes for sales boost from a technology breakthrough in the s..

Green Cross begins development of new herpes zoster vaccine in U.S. GC Pharma, a South Korean biopharmaceutical company, Monday announced its U.S. subsidiary Curevo Inc. has received U.S. Food and Drug Administration approval for a phase 1 clinical trial of CRV-101, a..

SK Hynix raises the bar in flash with 96-layer 512gigabit 4D NAND South Korea’s SK Hynix Sunday, out to reinforce its flash capabilities, has raised the bar in the NAND storage by packaging all the possible next-generation technologies into its new output in four-di..

SKT and KT honored in recognition of global leadership in Wi-Fi technology SK Telecom and KT Corp., South Korea’s leading mobile carriers, have been globally honored once again for their leadership in next-generation Wi-Fi technology. SK Telecom Thursday said it received a ..

Int’l consortium kicks off ambitious project to map genes of planet life A group of scientists from different parts of the world has officially kicked off their ambitious project to capture genome information for all plants, animals and single-celled organisms except bacte..

Next Samsung Galaxy phone to be in 5G and foldable panel: report Samsung Electronics will launch its first 5G-backed smartphone in a cheaper flagship model and a foldable-screen device next year, Bloomberg reported on Monday. The South Korean tech giant is in talks..

Hyundai Mobis develops world’s first smart headlamp system South Korea’s leading auto parts maker Hyundai Mobis Co. developed an advanced adoptive driving beam (AADB) for the first time in the world, a higher-performing version than the existing ADB system mo..

Google partners with LG Elec to supply smart towns in Korea Global technology company Google said on Thursday that it will join hands with South Korea’s LG Electronics Inc. to build future smart towns powered by Internet of Things (IoT), big data, and artifici..

S. Korea’s semiconductor exports set annual milestone of $100 bn in Oct. South Korea`s semiconductor industry is writing a new chapter in history with a record $100 billion exports posted on October 16, which beat last year`s full-year record of $97.9 billion, the Ministry..

YouTube’s copyright infringement in Korea hits 260,000 cases since last year YouTube, the world’s largest video streaming site, has received more than 260,000 cases of correction requests from Korea’s major broadcasting networks due to its copyright infringement since last yea..

KT, SK ready to deploy 10Gbps services to Korean homes this year Korean consumers are expected to enjoy superfast 10 gigabit per second (Gbps) internet service within the year as the country’s top two broadband companies KT Corp. and SK Broadband Co. are ready to s..

Kospi net profit minus Samsung Elec down 6.4% on year as of Sept Members on the Korea Composite Stock Price Index (Kospi) reported reduced income this year as of September against a year-ago when bellwether Samsung Electronics is excluded. According to Korea Excha..

Samsung BioLogics’ accounting fraud unlikely to lead to delisting Stock trading of Samsung BioLogics Co. came to a halt on Wednesday immediately after the company was found to have intentionally breached accounting rules, but it won’t likely end up being delisted, t..

Latest regulatory filings(14~15/11/2018) ◆ KOREA AEROSPACE INDUSTRIES, (Stock Market)-Entering into Single Sales or Supply Contract(Voluntary Disclosure)◆ HANWHA CORP (Stock Market) -Report on Business Performance according to Consolidated F..

Samsung Bios stk suspended after FSC finds intentionality in accounting fraud The Securities and Futures Commission (SFC), the top decision-making board of South Korea’s Financial Services Commission, on Wednesday found intentionality behind Samsung BioLogics Co.’s breach of ac..

Apple suppliers faltering on tepid sales of iPhone XS series in Korea Shares of Apple Inc. subcontractors in South Korea suffered Wednesday amid lackluster response to the new iPhone XS series. On Wednesday, shares of LG Innotek that supplies camera modules to the glo..

Elliott makes fresh remedial management and buyback demands on Hyundai Motor Frustrated by the depreciation in stock value and slow improvements in the family-run governance, U.S. activist hedge fund Elliott Management put forward fresh remedial demands to Hyundai Motor Group,..

Latest regulatory filings(12~13/11/2018) ◆Orange Life Insurance, (Stock Market)-Interim Report on Business Performance(Fair Disclosure)◆ CLASSYS (Kosdaq Market) -Organization of Investor Relations Event◆HanwhaChemical (Stock Market) -Report ..

Samsung BioLogics stock recovers as fear about its delisting subsides The market calmed Tuesday after panicky selloff in Samsung BioLogics amid fear of its expulsion from the bourse upon final ruling on its accounting irregularities due on Wednesday. Shinhan Investment..

Kosdaq slump worsens as it loses primary pillar - retail investors Retail investors joined massive selling spree on Korean equities led by foreign players, reducing their oversized share of above-90 percent in the turnover at the secondary Kosdaq market to 80 percent..

Pension funds shun Kosdaq and buy Kospi bluechips amid bear run Despite a series of government measures and urging to stimulate the secondary Kosdaq market, pension funds including Korea biggest investor National Pension Service (NPS) have dumped shares in Kosdaq ..

Samsung BioLogics shares plunge before SFC’s final decision on alleged accounting irregularities Shares of Samsung BioLogics Co. plunged more than 22 percent on Monday, two days before the country’s financial regulator announces its final decision on the company’s alleged accounting irregularitie..

Latest regulatory filings(09~12/11/2018) ◆NHN Entertainment Corporation (Stock Market)-Report on Business Performance according to Consolidated Financial Statements (Fair Disclosure)◆OSSTEMIMPLANT. (Kosdaq Market) -Report on Business Perform..

SK E&S picks Thai EGCO as final bidder for 49% stake in Paju Energy South Korean energy developer SK E&S Co. tapped Thailand’s Electricity Generating Public Company Limited (EGCO) as the preferred bidder for a 49 percent interest in its wholly-owned natural gas power ..

Foreign investors’ stock selling reaches highest in 5 years in Oct. Monthly foreign selling of South Korean stocks hit a record high in more than five years in October as investor sentiment has soured amid growing concerns over the economic outlook at home and abroad...

Hyundai Oilbank hints at possibility of delaying IPO to next year South Korea’s major oil refiner Hyundai Oilbank Co. has hinted that it may defer its initial public offering (IPO) plan to next year due to the delayed audit and bearish mood in the nation’s stock mar..

Latest regulatory filings(07~08/11/2018) ◆ CJ ENM (Kosdaq Market)-Report on Business Performance according to Consolidated Financial Statements (Fair Disclosure)◆KOREA AEROSPACE INDUSTRIES, (Stock Market) -Entering into Single Sales or Suppl..

BOK member mentions inflationary buildup Inflationary pressure is building up with the Korean won rate against the U.S. dollar becoming a lesser factor in keeping consumer prices subdued in Korea, said a latest member to the Bank of Korea’s ..

Kospi recovers on eased uncertainty after U.S. election South Korean stocks rebounded on Thursday, boosted by overnight gains in U.S. stocks as results of midterm election came in line with expectation. The benchmark Kospi ended Thursday 0.67 percent hig..

Foreigners turn to shorter Korean sovereign bonds amid uncertainty Foreigners have built up a strong appetite for short-dated South Korean sovereign debt, a sign some market experts see as still-strong foreign confidence in Korean capital markets with others expressi..

CJ CGV Vietnam becomes latest to call off IPO in Korea South Korea’s largest multiplex cinema chain CJ CGV has cancelled its plan of listing its Vietnamese entity on the Korean bourse, marking the sixth entity to call off an initial public offering (IPO) ..

S. Korea’s foreign-currency deposits drop in Oct. on stronger USD Foreign-currency deposits held by South Korean banks fell for the first time in four months in October amid strengthening in the U.S. dollar, central bank data showed Thursday. According to data rele..

Korea’s money circulation slows on market uncertainty More South Koreans are preferring to park their money in banks as uncertainties at home and overseas markets discourage investment. According to the Bank of Korea on Thursday, the country’s turnover ..

Korea govt and producers unite to save the car industry from crumbling The South Korean government stepped in to buttress the automaking industry before it further crumbles amid signs of a breakdown in the supply chain from struggles of Korean car brands. Heads of the c..

Korean banks post best Jan.-Sept. net profit in 11 years South Korean banks delivered their best January-September earnings in 11 years, benefiting from interest premium from higher market yields tracking offshore interest rate rises, data showed Wednesday...

Layoffs at S. Korean shipyards still ongoing despite industry turnaround South Korean shipbuilders this year started to see a recovery in orders, but their streamlining plan is still ongoing partly to meet creditors’ requirement in return for emergency relief aids they rec..

Korea’s jobless rate hits 13-year high in Oct, job additions stop at 64,000 South Korea’s unemployment rate hit a 13-year high in October due to continued streamlining in the traditional manufacturing sector and largest-ever job losses from restaurant and hospitality sectors ..

◆ Data (Source: Statistics Korea) ▶Economically Active Population Survey in October 2018 [ Economically active population and labor force participation rate ] ○ The economically active population marked 28,063 thousand in October, ..

Korea’s household debt adds $9 bn Oct on record gain in credit loan South Korea’s household lending by local financial institutions rose by more than 10 trillion won ($8.8 billion) in October as personal credit loan gained by the biggest pace amid deteriorating busine..

Moody’s says Korean economy most vulnerable in developed category South Korea will be among the worst performing developed economies next year, Moody’s Investors Service said, cutting the growth estimate for Korea to 2.5 percent for this year and 2.3 percent for 201..

Statistics chief suggests Korean economy peaked before Pres Moon took office The chief of South Korea’s statistics office suggested the Korean economy might have peaked before President Moon Jae-in took office in May last year amid growing criticism of the policy damage on the..

◆Data (Source: BOK) ▶Export/Import Price Indexes (October 2018)□ The Export Price Index(won basis) increased 0.5 percent from the previous month. o The index increased 1.3 percent over the last 12 months.□ The Import Pr..

Korean finance ministry’s tone on economy turns subdued South Korea’s economy is exposed to greater external uncertainties at a time when domestic conditions have deteriorated from weak industrial activity, demand, and jobs, said the finance ministry in it..

Seoul assigns study on industry impact of pro-labor policy The South Korean government has commissioned an industry-wide study on the impact of the hike in minimum wage and cutback in work hours, stoking expectations that it may be paying heed to calls from e..

U.S.-China trade war to hurt Korea’s exports by 0.5% points: BOK A full-blown and protracted trade conflict between the two largest economies of the United States and China could shave South Korea’s exports by up to 0.5 percentage points next year, the central bank..

Korea readies for IMF financial sector assessment next year The International Monetary Fund (IMF) will conduct a financial sector assessment on South Korea to determine the resilience of Asia’s fourth-largest economy at a time of domestic economic slowdown, gl..

Korea’s housing market sentiment sharply sours in November South Korea’s housing market players have turned decisively pessimistic about future business conditions amid hard-line government housing policy and murky redevelopment prospects. According to a sur..

Korea’s self-employed number falls, consumer section hardest hit The number of self-employed and unsalaried work force in Korea fell this year as more street shops go out of business amid the protracted economic slowdown and hike in minimum wage, data showed. Acco..

R&D investment by Korea’s top 1000 firms up 7.9% last year Total investment in research and development by South Korea’s top 1,000 companies in terms of R&D spending rose 7.9 percent on year to total 46 trillion won ($41 billion) in 2017, led mostly by big ma..

KDI slashes Korea’s growth outlook for 2018, 2019 to 2.7%, 2.6%, each State-run think tank Korea Development Institute (KDI) on Monday slashed its outlook on the nation’s economic growth for this year to 2.7 percent and for next year to 2.6 percent from its previous for..

Investors must ready for recession, deleveraging in 2020 and beyond Equity and bond experts of Wall Street warned of looming downturn with the possibility of a recession beginning in the United States from late 2020 to 2021, advising investors to turn to leveraged fin..

First electric buses hit Seoul roads, number to reach 29 by year-end Seoul city has deployed its first two electric buses on the roads Thursday, with an aim to replace 29 with electric power in public transportation by the end of this year and 3,000 by 2025.South Korea..

Korean-American Andy Kim elected to U.S. Congress Andy Kim, a Korean-American Democrat, has been elected to the U.S. House of Representatives on Wednesday (local time) by beating Republican Representative Tom MacArthur in New Jersey’s 3rd district.Th..

Korean young women make easiest prey to phone scams Women in their 20s and 30s fall victim to consumer scams called ‘voice phishing’ more than any other age group in South Korea, contrary to common belief that senior citizens make easy prey. Accordi..

Two Koreas to discuss sky connection this week South and North Korea will hold a meeting on Friday to discuss connecting the skies in follow-up talks to modernize road and rail conditions in the North for land connection as agreed during the summi..

Korea to commercialize chips on Korean-specific DNA, disease features South Korea’s National Institute of Health (NIH) announced Wednesday that it signed an agreement to transfer its technology in genotyping customized for Koreans with DNA Link Inc., and Theragen Etex C..

BTS ends jampacked Tokyo concert, apologizes for t-shirt issue K-pop superstar BTS stayed atop the Oricon Charts and its concert at 50,000-capacity Tokyo Dome on Tuesday fully sold out even as they upset some in Japan due to controversy over the apparel some of t..

Seoul begins to review mega-complex building project in Yongsan The Seoul Metropolitan government has embarked on the reviewing process of a long-awaited development project at the former site of United Nations Command in Yongsan district.The Seoul Metropolitan go..

Seoul mulls toughtening punishment on illegal porn circulation The Korea Communications Commission (FCC) has decided to provide a measure to impose a punitive penalty within this year on file storage companies for their possible illegal circulation of pornographi..

Korea’s Oct import price index rises to 4-year high South Korea’s import prices in October jumped to their highest in more than four years on higher international fuel prices, a factor that could further stoke supply-end inflationary pressure and dent ..

Alcohol caused 13 deaths a day on average for South Koreans last year Thirteen South Koreans died a day on average last year from alcohol-induced and related causes, resulting in social and economic cost of 10 trillion won ($8.8 billion) for the country.According to dat..

YouTube channels on North Korea gaining popularity YouTube channels on North Korea are gaining popularity in South Korea after North Korean leader Kim Jong-un has become a familiar face on domestic news after three summit meetings with South Korean Pr..

Base taxi fare in Seoul likely to go up by 27% within the year The starting fare for a taxi ride around inner Seoul would likely go up by 27 percent to 3,800 won ($3.34) and charge extra 42 percent after the clock turns 11:00 p.m., according to an agreement reach..

Korean lemon law on car purchase to take effect Jan next year Lemon law, available across America as remedy for purchase of cars, goes into effect on Jan.1 in South Korea enabling more consumer protection for repeated after-sales defects on motor vehicles.Accord..

Korean IT, game industry turn left amid increasing unionization The information technology (IT) and gaming segment no longer is the untouched realm for South Korea’s hard-line union power as workers increasingly organize unions and join umbrella groups to correct ..

Japanese TV calls off BTS performance over atomic bomb t-shirt A string of Japanese TV stations have canceled performances of the world-famous K-pop boy band BTS after a t-shirt worn by one of the members inflamed decades-long historical tensions between Korea an..

Moon promotes key aide as policy chief, replaces fin min with moderator South Korean President Moon Jae-in on Friday replaced his top commanders on economic policy amid the faltering economy, but his choices nevertheless indicated little change in policy direction. Hong ..

S. Korea expected to build smart city in Kota Kinabalu, Malaysia South Korea has been chosen to build a smart city infrastructure in Kota Kinabalu, Malaysia, becoming the first partnering country for the smart city network project initiated by the Association of So..

Ruling party, biz seeking win-win solution to growth, distribution A veteran business organization leader frustrated at the slow progress on deregulation front in Korea has reportedly offered more corporate contribution to address social disparities if the liberal go..

Police questioning Korean pastor for molesting teen church-goers The Korean police will question a Korean pastor accused of sexually assaulting at least 20 teenage church-goers. The Incheon Metropolitan Police Agency said Thursday that it has launched an investig..

Korean police arrest teacher leaking exams to daughters South Korean police have arrested a 53-year-old former teacher at a private high school in Seoul on charges of stealing exam questions and answers and giving them to his twin daughters who attend the ..

Thailand PM to prioritise Asean connectivity Prime Minister Prayut Chan-o-cha vowed Tuesday to push for greater Asean connectivity while highlighting Thailand`s efforts to ease regulatory processes that could impede the digital and innovation ec..

Central Bank allows foreign banks to lend to local businesses (Myanmar) Foreign banks in Myanmar are being allowed to provide commercial services, setting them on more equal footing with the local banks as the sector implements further reforms, U Soe Thein, Vice Governo..

US China trade war boosts Cambodian export products Cambodian exports to the US in the first nine months of the year grew 27 per cent or $2.86 billion compared to the same period last year, said the Census Bureau of the US Department of Commerce. Du..

LINE to Acquire 20% Stake in Bank KEB Hana to Expand Fintech Services in Indonesia LINE Corporation, through its subsidiary LINE Financial Asia, will acquire a 20 percent stake in lender Bank KEB Hana Indonesia to expand digital banking services in Southeast Asia`s largest economy, ..

Bank Indonesia Stands Pat on Rates, Sees Slower Q3 Growth Bank Indonesia kept its benchmark interest rate unchanged on Tuesday, taking a pause after 150 basis points of rate hikes since May, and warned that third-quarter economic growth may not be as strong ..

LCTH`s unit awards contracts worth RM67.77m to related parties Lotte Chemical Titan Holding Bhd’s (LCTH) wholly-owned subsidiary Lotte Chemical Titan (M) Sdn Bhd (LCTM) has awarded contracts for engineering, procurement and construction of a new boiler and ancill..

Indonesia, South Korea to Renegotiate Cost Sharing of Joint Fighter Jet Project The recent depreciation of the rupiah has taken its toll on Indonesia`s plans to develop an advanced fighter jet in collaboration with South Korea, prompting the government to call for a renegotiation..

South Korea has the strongest entrepreneurship in Asia South Korea tops the region in entrepreneurship environment with a score of 54%, according to the recently released Global Entrepreneurship Index. The country jumped three spaces up from the last year..

Fitch: Emerging markets to struggle in 2019 Emerging markets are set to face rising economic headwinds in 2019 as global growth slows and financial conditions tighten, according to James McCormack, Fitch`s global head of sovereign ratings. Risi..

Vinacomin posts record profit of nearly US$150 million in nine months On Tuesday, Việt Nam National Coal and Mineral Group (Vinacomin) reported a record profit of VNĐ3.5 trillion (nearly US$150 million) in the first nine months of this year.Vinacomin’s revenu..

Việt Nam to open electricity wholesale market next year The competitive electricity wholesale market will be fully operational starting in 2019 following a successful year-long pilot period.Deputy Minister of Industry and Trade Hoàng Quốc Vư..

Yamaha cuts motorcycle view Thailand`s motorcycle market is expected to remain flat for the remainder of 2018, projected at 1.8 million units sold this year, a contraction of 0.5-1%, says a local unit of the Japanese motorcycle ..

VN-South Korea co-operates in creative design A wide range of services related to corporate design and branding will be provided by the Việt Nam-Korea Design Center (VKDC), launched in Hà Nội on Friday.The centre, located at 17 Y..

Naga announces $1B gaming revenue NagaWorld saw the largest growth in its VIP operations, where “rollings” - a term which refers to the amount bet by gamblers - increased by 128 per cent to $25 billion for the first three quarters of ..

Central bank net withdraws over $581m amid improved liquidity Liquidity in the banking system has improved in the past week, pushing the State Bank of Việt Nam to make a net withdrawal of over VNĐ13.6 trillion (US$581.2 million).According to the lates..

Korea Culture & Tourism Festival to be held in Thailand The Korea Tourism Organization (KTO) announced Tuesday that it will hold Korea Culture & Tourism Festival 2018 on October 6-7 in Bangkok, Thailand to attract more Thai visitors.The KTO plans to provid..

National economic growth in 2018 hits 8-year high Việt Nam posted economic growth of 6.98 per cent between January and September, over the same period last year, the highest rate since 2011, according to the General Statistics Office (GSO).Nguy..

Telecommunications sector a bright spot for economy in 2018-19 Amid slowing demand in the economy, the Myanmar telecommunications sector is expected to be among the handful of sectors yielding opportunities for growth in the coming fiscal year.In the 2018-19 Nati..

Sabeco plans $41m cash dividend in October Sài Gòn Beer-Alcohol-Beverage Corporation (Sabeco) will advance shareholders a cash dividend of 15 per cent next month, the company has announced.This is the first-phase payout of its plan f..

Chong Kun Dang Pharma to offer scholarships to overseas talents South Korea’s Chong Kun Dang Pharmaceutical Corp. (CKD) said Wednesday it will provide full scholarships to 52 students in Indonesia, Vietnam and Rwanda. The CKD Kochon Foundation on Tuesday delivered..

[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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