A “monopoly” debate surrounding the review of a cooperate consolidation between Baedal Minjok, South Korea’s top-ranked delivery app, and the... [Jan.7,2020 18:53 KST]

The South Korean Ministry of Science and ICT (MSIT) has designated high-speed internet a universal service. MSIT has tasked KT, the country’s top... [Jan.6,2020 16:58 KST]

South Korea’s foreign exchange reserves climbed to a record high in December 2019, reaching US$408.82 billion, an increase of US$1.36 billion... [Jan.6,2020 16:56 KST]

The time was the morning of Jan. 4 at a transfer parking facility near Union Station on the Los Angeles subway. Dressed in T-shirts, employees of... [Jan.6,2020 16:51 KST]

An increase in the minimum wage resulted in hourly wages increasing last year for the bottom-earning 10-20% of workers, but a comparison in terms... [Jan.6,2020 16:47 KST]

South Korea’s convenience store chains are joining the race to offer consumers the most convenient and speedy delivery services. Using mobile... [Jan.3,2020 19:02 KST]

South Korea saw the greatest volume of e-commerce in 2019, reaching record levels as of November by surpassing 12 trillion won (US$10.27 billion).... [Jan.3,2020 18:50 KST]

South Korea produces only around one tenth of the bank checks it produced just a little over 10 years ago. Before the 50,000 won (US$42.82) bill,... [Jan.3,2020 18:43 KST]

A consortium led by HSG Heavy Industries signed a contract to acquire Sungdong Shipbuilding and Marine Engineering on Dec. 31, the very day... [Jan.2,2020 16:33 KST]

A lot of talk has been going around about a crisis that is poised to erupt out of China. There are two reasons for this. One is that crises have... [Dec.31,2019 19:26 KST]