Coca-Cola unveils New Year package featuring BTS Coca-Cola Beverage Co., the Korean sales unit of Coca-Cola Company, on Monday unveiled this year’s special edition designed in collaboration with K-pop superstar BTS in South Korea. It is the compan..

PPI Pyungwha’s water pipe proven earthquake resistant Water pipes of South Korea’s PPI Pyungwha Co. have passed Cornell University’s large-scale earthquake-resilience tests, which would help further expand its global presence. Cornell University’s unde..

Hyundai Motor steps up online marketing in U.S. by launching live auto show Hyundai Motor America, the U.S. unit of South Korea’s largest automaker, has launched a live-streaming show ‘Hyundai Showroom Live’ in which potential buyers visit to do pre-sales research on cars and..

Samsung Elec spends $3.12 mn on lobbying U.S. amid global trade tensions Samsung Electronics Co. spent $3.12 million on lobbying the U.S. government last year, its second-largest spending in Washington with efforts largely focused on exploiting new business opportunities a..

S. Korea’s mobile phone exports 16-yr low due to weak sales in China South Korea’s exports of mobile phones plunged 23 percent year on year to a 16-year low last year on sluggish demand from China amid fiercer competition from local names. According to the Ministry o..

S. Korea’s cosmetics sales surge amid economic downturn in 2018 Color cosmetics sales at the South Korea’s largest health and beauty retailer Olive Young jumped 35 percent in 2018 from a year earlier as consumers treated themselves with small luxury items amid an ..

Shinhan backs mobile payment for self-checkout in CU convenient stores in Korea South Korea’s leading credit card issuer Shinhan Card Co. will back its mobile payment app users to make purchases at unmanned CU convenience stores that currently accept CU’s own self-payment app onl..

Hyundai Motor pitches proprietary EV wireless charging technology South Korea’s auto giant Hyundai Motor Co. has developed low frequency wireless charging system for electric vehicles (EVs) available for both short- and mid-range charging, both it hopes to receive i..

DSME, Hyundai Heavy win string of crude carrier orders South Korea’s major shipbuilders have started the year on a buoyant note, winning new orders at a strong clip. Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday it has bagged a 210 bil..

Heineken Korea under probe for rigging prices to save tax Heineken Korea Co., a local branch of Dutch brewing company, is under scrutiny by the Korean customs authority for allegedly manipulating original import prices of its beer brands to lower tax, a move..

Ssangyong Rexton wins Best Value at 4x4 of the Year 2019 Awards in UK Utility vehicle-focused Ssangyong Motor Co. of South Korea collected two titles for its premium sport utility vehicle Rexton models at 4x4 of the Year 2019 Awards by British magazine 4x4, a prestigiou..

Hyundai Motor releases new Ioniq with upgraded safety features South Korea’s top automaker Hyundai Motor Co. on Thursday released the new Ioniq with upgraded external and interior designs, and safety and eco-friendly features, three years after the country’s popu..

SK Hynix backs six projects for in-house startup program South Korea’s second largest chipmaker SK Hynix Inc. on Thursday launched an in-house incubating program with six maiden projects backed by initial capital of $1 million..SK Hynix held a launching cer..

Hyundai Mobis, KT team up for 5G-baced car connectivity Hyundai Mobis Co., the auto parts unit under South Korea’s largest auto conglomerate Hyundai Motor Group, will ride on KT Corp. to leverage its 5G network for connected car technologies.Tech and mobil..

Samsung SDS taps market beyond Samsung empire with next-gen ERP system Samsung SDS Co. is actively expanding its client base beyond its parent Samsung Group with next-generation enterprise resource planning (ERP) system amid growing demand for upgraded business data mana..

Samsung fields foldable, LG camera, AI-enhanced candidate at MWC contest Samsung Electronics will field a foldable concept and LG Electronics enhanced camera capabilities backed by artificial intelligence at the upcoming Mobile World Congress where stars are born to raise ..

Shinhan Bank to provide loan digitally via Vietnam’s Zalo chat platform South Korea’s Shinhan Bank Co. has joined hands with Vietnam’s biggest mobile messenger Zalo to provide loans digitally and simply to broaden its consumer financing in the Southeast Asian market that ..

LG Chem joins global blockchain pilot for responsible sourcing of cobalt Korea’s LG Chem joined four multinationals in a project to employ blockchain technology to trace and validate ethically sourced minerals to back human rights and environmental protection and also brin..

Lotte Advanced Materials buys Turkish engineered stone maker Belenco South Korea’s Lotte Advanced Materials Co. acquired Turkey’s leading engineered stone maker Belenco in a 125 billion won ($111.4 million) deal to gain a foothold in Europe’s premium interior material ..

Hyundai-Kia hit 1 mn sales milestone in Europe led by green vehicle fleet South Korea’s Hyundai Motor Co. and Kia Motors Corp. together sold more than 1 million cars in Europe last year for the first time ever thanks to the region’s strong demand for green vehicles. Korea..

Hyundai Motor Group develops world’s first multi-collision airbag system Hyundai Motor Group, owner of South Korea’s two largest automakers Hyundai Motor Co. and Kia Motors Corp., said on Monday that it has developed a new airbag system that provides additional protection ..

Samsung Bioepis cleared to sell Herceptin biosimilar in the U.S. South Korea’s Samsung Bioepis Co. gained approval on Friday from the U.S. Food and Drug Administration for Ontruzant, a biosimilar of the blockbuster breast cancer treatment Herceptin. The U.S. rollou..

Celltrion wins appellate court battle over rituximab patent, clear to sell in Korea South Korea’s Celltrion announced on Friday it has won an appellate court battle, successfully nullifying all of five marketing-critical patents and fully cleared in Korea to sell Rituxan (rituximab),..

SKT, Seoul to build 5G-enabled intelligent transportation system South Korea`s top mobile carrier SK Telecom announced on Thursday it will build a 5G mobile network for Seoul’s C-ITS project, an intelligent transportation system that allows drivers to receive infor..

Seoul starts initiative to double the data market, AI industry The Korean government will foster the data and artificial intelligence (AI) industry with a goal of becoming a leading country in the area by 2023. Under a roadmap released by the science ministry on ..

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..

BOK to allow S. Korean asset management firms to access foreign reserves for investment overseas South Korean asset management firms will be allowed to the central bank’s foreign reserves to invest in stocks in developed markets this year, the Bank of Korea said on Monday.The BOK said it will rec..

KCGI demands Hanjin Group to reexamine investment in money-losing businesses South Korean activist fund KCGI, the second largest shareholder of Hanjin KAL, the holding entity of Hanjin Group, has made an official demand for the country’s transportation conglomerate to set up a..

NPS willing to take court action on case of damaging shareholder value South Korea’s largest institutional investor National Pension Service (NPS) will seek to file a lawsuit against companies on the risk of losing money as part of efforts to take more stern actions to p..

Ouster of firms from Kosdaq set to surge under stricter external audit act The number of firms that could face delisting from South Korea’s secondary Korea Securities Automated Quotation (Kosdaq) market would escalate this year under the country’s reinforced external audit a..

Korea’s indigenous Scotch whisky Imperial placed up for sale French spirits group Pernod Ricard SA has placed its entire 100 percent stake in Pernod Ricard Korea Imperial Co., owner of Korea’s No.3 whisky brand “Imperial” up for sale reportedly at up to 80 bill..

Tencent, KKR, Carlyle enter bidding war for Korean game giant Nexon A blockbuster deal worth more than $6 billion over the ownership of South Korea’s top game publisher Nexon is gaining heat, with big names like Chinese tech giant Tencent and global private equity fun..

NPS to up share in foreign securities, alternatives to improve returns for 2019 South Korea’s National Pension Service (NPS) will up portfolio share in overseas securities and alternatives and reduce domestic bond holdings this year for more aggressive pursuit of profit as it is ..

Latest regulatory filings(11~16/01/2019) ◆ TONGYANG LIFE INSURANCE (Stock Market) -Organization of Investor Relations Event ◆ SAMSUNG ELECTRO-MECHANICS (Stock Market) -Organization of Investor Relations Event ◆ SK Innovation (Stock..

Korea’s Mirae Asset-Naver joint fund to invest $50 mn in Indonesia’s Bukalapak A joint growth fund led by South Korea’s top securities firm Mirae Asset Daewoo Co. and Internet giant Naver Corp. will invest $50 million in Indonesian e-commerce startup PT Bukalapak.com, Mirae Asse..

NPS in Feb to decide whether to wield voting rights vs Hanjin management The National Pension Service (NPS) will decide by early next month its actions as a major shareholder in Hanjin KAL and its key flagship Korean Air Lines in regular shareholders’ meetings in March whe..

Korea’s pension service wields more veto power against Korean Inc. South Korea’s National Pension Service (NPS) vetoed one out of six corporate agendas put to vote in shareholders meetings last year, underscoring the more proactive role of the country’s top instituti..

Korean ruling party keen on idea of lifting stock trade tax Lawmakers of South Korea’s ruling party are mulling an overhaul of the taxation system for stock trading that currently levies taxes on all transactions regardless of capital gains or losses. In a r..

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..

Korea’s exports likely to fall for 2 straight mos in Jan on weak chip demand South Korean exports will likely decline for the second consecutive month in January due to a continued fall in semiconductor shipments, the main driver of country’s exports. According to data relea..

No. of foreign workers in S. Korea up nearly 30% in 6 years The number of foreign workers in South Korea rose nearly 30 percent in the past six years, government data showed Saturday.According to data from Statistics Korea and Ministry of Justice, a total 884,..

Korea’s auto production, exports slide for third straight year South Korea’s auto exports and production fell for the third straight year in 2018 while domestic sales gained mostly thanks to foreign brands. Overall auto production slipped 2.1 percent year over y..

Korea’s ICT exports and trade surplus reach all-time high in 2018 South Korea’s exports of information and communication technology (ICT) products reached a record high of $220.4 billion last year and its trade surplus also hit the highest level at $113.3 billion, p..

Most Korean exports expect reduced growth, but lack options to fight challenge South Korean exporters expect reduced revenue due to multiple scourges this year amid volatile foreign exchange and commodity prices and unrelenting trade war between the United States and China and y..

Moon govt’s $10 bn budget surplus for two yrs raises questions on tax planning The South Korean government has run a budget surplus of around $10 billion for the last two years under President Moon Jae-in, suggesting poor fiscal management through rigorous tax collection at a ti..

◆Data (Source: BOK) ▶ Export/Import Price Indexes - December 2018■The Export Price Index(won basis) decreased 2.0 percent from the previous month.　o The index decreased 0.6 percent over the last 12 months.■The Import Pri..

Number of cars on Korean roads exceeds 23 mn in 2018, up 3% on yr The number of registered cars increased 3.0 percent on year to pass the milestone of 23 million units in 2018 in Korea with 52 million population due to jump in imported names and green vehicles. Ac..

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 ..

Singapore’s ambassador to Korea shares secret to vibrant startup culture Singapore has positioned itself as a living laboratory of new technologies by creating a business environment that enables startups to flourish and realize their full potential, said Yip Wei Kiat, Sin..

Scarce permanent jobs for college grads in South Korea Chances of getting a permanent job are becoming slim to college graduates in South Korea grappling with the tight job market, data showed. According to a survey on 1,112 university students graduating..

Exclusive Incheon-UlaanBaatar route open to other airliners beyond Korean Air The Incheon-UlaanBaatar route exclusive to South Korea’s national flag carrier Korean Air Lines Co. and its Mongolian counterpart MIAT Mongolian Airlines for almost 30 years will become open to other ..

Korea slightly above average in innovation scorecard, flunks on sharing economy South Korea ranked slightly above the average in international scoreboard on innovations-related policy and achievements while flunking out on sharing economy that cannot pick up in Korea due to regul..

S. Korea determined to promote hydrogen economy with fuel-cell car South Korean government has set a target to ramp up local annual production of hydrogen fuel cell electric vehicles to 100,000 units in six years from current fewer than 2,000 units as part of its eff..

Korea’s kimchi shipments reach record high in 2018 in 6 years Exports of kimchi in South Korea hit a record high last year in six years as the traditional Korean staple dish appeals more to the global community for its health benefits.According to data released ..

S. Korean govt to propose WTO rules for fair digital trade ecosystem The South Korean government will seek a common front with other members of the World Trade Organization (WTO) to protect domestic information technology (IT) companies from unfair and predatory practi..

Korean court slaps record penalties and forfeitures on gold smugglers A regional court in Korea sentenced a group of gold smugglers to prison terms of up to five years Tuesday, slapping penalties of more than 4.5 trillion won ($4.0 billion) and ordering forfeiture of 6...

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..

Malaysia to roll out Tesla-like battery for electric vehicles by 2020 Malaysia will become the first country in Asean to produce lithium ion battery in the next 18 months. Malaysia Automotive Robotics and IoT Institute (MARii) chief executive officer Datuk Madani Sah..

EU tariffs on Myanmar rice to have limited impact Restoring EU tariffs on Indica rice imports from Myanmar will have an impact on the production of only 60,000 to 100,000 tonnes of Indica rice, U Lu Maw Myint Maung, joint secretary of Myanmar Rice F..

Malaysia urges France to accord equal opportunities to palm oil trade Malaysia is urging France president Macron to stop discriminating and accord equal opportunities to palm oil trade like that of other vegetable oils such as rapeseed and sunflower. In a statement, ..

Cambodia International airports handle over 10 million passengers Passenger traffic continued to grow at the Kingdom`s three international airports last year, pushing full-year passenger numbers above 10 million for the first time, according to figures from Cambodia..

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..

[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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