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BUSINESS

BUSINESS

Korean American tour company to resume New Year’s sunrise tour

  Aju Tours has launched its first sunrise tour of the new year and is looking to attract customers. The company announced the return of its...
BUSINESS

Korea to double ceiling for immediate tax return for foreign tourists

Tourists and locals on the streets of Myeong-dong in central Seoul The maximum limit of purchases eligible for an immediate tax refund by foreign...
BUSINESS

Int’l rights groups speak out against Saudi Arabia’s Expo bid

  Fifteen international human rights organizations expressed opposition to Saudi Arabia’s bid to host the World Expo 2030 in a joint letter released Tuesday, citing...
BUSINESS

2023 LA Auto Show showcases the latest in automotive innovation

  The 2023 Los Angeles Auto Show, a hub for the latest trends in the North American automotive industry, commenced on November 17 at the...
BUSINESS

Korea, Britain agree to deeper cooperation in nuclear sector

Korea and Britain agreed to strengthen their cooperation in the nuclear sector, including the construction of new power plants, the Industry Ministry said Tuesday. The...
BUSINESS

Maum.AI’s automated AI Human services take on simple repetitive tasks

The 21st World Korean Business Convention, held for the first time overseas at the Anaheim Convention Center last week, has been deemed a success...
BUSINESS

Korea’s GDP expected to maintain modest growth until 2028

A state-run research institute projected Korea’s economic growth at 2 percent next year as a slowdown in the overall consumption and investment in the...
BUSINESS

Samsung, LG chiefs visit Europe in last-minute push for World Expo bid

Samsung Electronics Executive Chairman Lee Jae-yong and other Korean business chiefs are heading to Europe in their last spurt of support for Busan's bid...
BUSINESS

Prosecutors seek 5-year sentence for Samsung heir Lee Jae-yong

Prosecutors are seeking a five-year prison sentence for Samsung Electronics Executive Chairman Lee Jae-yong, alleging Lee engaged in unfair practices to inherit management rights...
BUSINESS

IMF ups Korea’s 2024 inflation outlook to 2.4%

The International Monetary Fund (IMF) has expected Korea to reach the country's inflation target of 2 percent by the end of next year, the...
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