SEOUL– Kurly Corp. the operator of South Korean e-grocery platform Market Kurly, said Wednesday it will postpone the initial public offering (IPO) originally planned for early this year, due to…
SEOUL– South Korea will push to significantly raise its self-sufficiency rate of grain, rice and other food items to counter the impacts of rising food import prices and to better…
SEOUL– Seoul stocks surged over 1.5 percent to snap a four-day losing streak Wednesday as foreigners snatched up shares of Samsung Electronics and other chipmakers. The benchmark Korea Composite Stock…
The Ministry of Trade, Industry and Energy announced on January 1 that Korea’s exports in 2022 hit USD 683.9 billion, a 6.1 percent increase over the previous year. Annual imports…
SEOUL– The Bank of Korea (BOK) will closely cooperate with the government to engineer a “soft landing” of the country’s economy confronting high uncertainty at home and abroad, the head…
SEOUL– South Korea will funnel 559.4 billion won (US$438.4 million) into research and development of core bio technology in 2023 in line with the country’s long-term strategy to lead the…