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Foreign exchange sign in South Korea | By: Yung Yeon Je | Getty Images

Oct 10, 2015 AM EDT - Czarelli Tuason

The Number Of Foreign Companies In South Korea Has Reached 8,095 In 2014, Says The National Tax Service

South Korea's numerous free trade agreements with other countries and a growing market in logistics, manufacturing and service sectors have attracted foreign firms, increasing the country's foreign companies at 8,095 in 2014.

(Photo by: Justin Sullivan / Getty Images News) Automakers offer promotions and discounts to boost sales.

Oct 10, 2015 AM EDT - Diana Tomale

Korean And Japanese Automakers Offer Promotions To Increase Sales Amid Volkswagen Scandal

South Korean automakers such as Hyundai Motor and its affiliate Kia Motors are offering discounts to boost its sales. Also, Japanese carmakers like Toyota and Nissan offer promos to increase sales.

Former Korea Development Bank Daejeon branch. (Photo by Lawinc82)

Oct 26, 2015 PM EDT - Diana Tomale

Korea Development Bank To Sell 43 Percent Stake In Daewoo In Package With KDB Asset Management

An official from Korea Development Bank reveals that they will sell KDB Daewoo Securities in package with KDB Asset Manangement. The state-run bank owns 43 percent and 100 percent of Daewoo and KDB Asset and Management respectively.

Volkswagen sales in South Korea drop following emissions test cheating scandal. (Photo by Denis Doyle/Getty Images News)

Oct 20, 2015 PM EDT - Czarelli Tuason

Volkswagen’s September Sales In South Korea Is The Company's Weakest Following The Outbreak Of Diesel Emissions Scandal

A scandal broke out in September stating that Volkswagen has been installing emissions cheating software on their deisel vehicles since 2009, causing a nosedive on the company's Spetember sales.

Korea’s 1st PGA Tour

Oct 22, 2015 PM EDT - Diana Tomale

Korea's Largest Chemical Company LG Chem To Supply Lithium-Ion Batteries For Yamaha Motors' Golf Carts Until 2016

LG Chem will be the supplier of lithium-ion batteries for Yamaha Motors' golf carts until next year. Yamaha Motors is one the largest golf cart makers in the world.

Hyundai Heavy Industries Closed a Multi-billion Deal

Oct 20, 2015 PM EDT - Diana Tomale

Unionized Workers At Hyundai Heavy Industries Demand Salary Increase and Performance-Based Benefits

The unionized workers at Hyundai Heavy Industries (HHI) continue its call for salary increase. The members of the union are asking the management to sell-off its company-owned shares and real state to increase their salaries.

Songdo International Business District in South Korea | By: EschCollection | Getty Images

Oct 08, 2015 PM EDT - Czarelli Tuason

Songdo International Business District Becomes More Popular As A Residential City Rather Than A Global Business Hub

Even before its target completion date in 2020, the Songdo International Business District has become more of a residential city, instead of the original plan of becoming a hub for global companies.

A Korean designer bag brand is gaining popularity overseas. (Photo by: Pascal Le Segretain / Getty Images Entertainment)

Oct 20, 2015 PM EDT - Diana Tomale

Korean Designer Bag Brand Kwani Gains Popularity Overseas Due To Positive Feedbacks From Customers

Korean designer bag brand Kwani is gaining popularity overseas in just a couple of years. Kwani CEO says they are receiving good feedbacks from customers because of their design, quality and reasonable price.

The South Korean government will test all diesel-powered cars amid Volkswagen scandal. (Photo by Sean Gallup / Getty Images News)

Oct 20, 2015 PM EDT - Diana Tomale

South Korean Government Will Test All Diesel Cars Amid Growing Issue On Volkswagen's Alleged Emission Tests Cheating

The South Korean government will run its own tests in response to the growing interest of the public after Volkswagen was accused for allegedly cheating emission tests last month.

South Korean cosmetic company AmorePacific debuts at number 28 on Forbes' list of World's 100 most innovative companies in 2015. (Photo by Hannah Reyes / Getty Images News)

Oct 19, 2015 PM EDT - Diana Tomale

AmorePacific Ranks 28th On Forbes' List Of World's 100 Most Innovative Companies In 2015

South Korean company AmorePacific debuts at number 28 on the World's 100 most innovative companies this year as listed by Forbes.

Homeplus retail store in South Korea | By: Jung Yeon Je | Getty Images

Oct 01, 2015 AM EDT - Czarelli Tuason

South Korean Government Holds Korea Black Friday Today Until October 14, Featuring Up To 80 Percent Discount From 27,000 Shops

The government of South Korea initiates a Korea Black Friday sales event that will run until Oct. 14 in order to boost domestic consumption in the country.

Monster Worldwide Inc. owns one the most visited employment site in the United States, Monster.com. (Photo by Mario Tama / Getty Images News)

Oct 19, 2015 PM EDT - Diana Tomale

Monster Worldwide To Sell Remaining Stake In JobKorea To Private Equity Firm H&Q Korea

Monster Worldwide Inc. is selling the remaining stake in JobKorea to H&Q Korea. The two companies are expected to close the deal in October.

Lotte (Photo by Chung Sung Jun / Getty Images AsiaPac)

Oct 07, 2015 AM EDT - Czarelli Tuason

Four Retailers Battle Over Operational Licenses Of 4 Duty Free Stores In South Korea

On Friday, four conglomerates submitted their bids to the Korea Customs Service to be granted operational licenses to four duty free shops in South Korea.

(Photo by Chung Sung Jun / Getty Images News)

Oct 07, 2015 PM EDT - Diana Tomale

Cambodia's Acleda Bank And South Korea's KEB Hana Bank Signed A Memorandum Of Understanding That Aims To Make Money Transfers Easier

A memorandum of understanding was signed by the largest banks in Cambodia and South Korea. Acleda Bank and KEB Hana Bank's new draft agreement aims to make money transfers easier.

(Photo by: Atsushi Tomura / Getty Images News) A group of lawmakers submitted a bill that aims to revise the existing Electronic and Telecommunications Business Act.

Sep 26, 2015 AM EDT - Diana Tomale

A Group Of South Korean Lawmakers Submit A Bill That Aims To Revise The Existing Electronic And Telecommunications Business Act

A group of lawmakers submitted a bill on Wednesday that seek for the revision of Electronic and Telecommunications Business Act as they want to have more transparency in smartphone services.

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