Oct 18, 2024 AM EDT - KP
In an unexpected twist of fate, Venezuela, a country once known for its oil wealth, is now looking to the sea for economic salvation – specifically, to jellyfish. The South American nation, grappling with a severe economic crisis, has found a potential solution in exporting edible jellyfish to South Korea.
Apr 22, 2017 PM EDT - Osamu Inoue
Vending machines contain drinks and snacks inside it. However, Japan has surprised millions of people around the world with Origami vending machines instead.
Oct 27, 2016 AM EDT - YuGee
Samsung Electronics Co. announced that its third-quarter operating income dropped to 29.6 percent from the previous year. One of the contributors to this plunge is believed to be discontinuation of the production of the Galaxy Note7 over safety concerns.
Oct 21, 2016 AM EDT - YuGee
On Wednesday, the South Korean government announced a set of measures in order to bolster the local engineering industry that involves expanding monetary support for firms engaged in research and development, most particularly with foreign companies and institutions.
Oct 06, 2016 AM EDT - YuGee
Industry officials announced on Wednesday that international health care firms are considering of building up their Research and Development (R&D) investment in South Korea as the nation becomes a new global biotech and medical industry hub.
Sep 29, 2016 AM EDT - YuGee
For third straight year, the competitiveness of South Korea remains unchanged. It maintained its 26th spot on a global index of the world's economies, the Korea JoongAng Daily reported.
Sep 28, 2016 AM EDT - Karen Lydelle Linaja
The number of childbirths in South Korea dropped in the month of July this year. According to the government data released on Wednesday, there is a rapid downfall in the number of childbirths in the country for almost 3 years until the month of July. Some of the causes are the late marriage and low birth rate in South Korea.
Sep 26, 2016 AM EDT - YuGee
In the second series of interviews with different ASEAN leaders that focuses on the significance of enhancing the relationship among the 10-member countries organization by the Korea Times, Malaysian Prime Minister Najib Razak said that Malaysia is seeking to emulate South Korea's economic platforms in order to make his country's economy more “productive and innovative.”
Sep 22, 2016 AM EDT - YuGee
A report from Yonhap News Agency stated that according to the statements of some officials, the South Korean government will soon declare a set of fresh measures which focus on improving the competitiveness of ailing industrial sectors which are anticipated to have massive layoffs and substantial cuts in output.
Sep 02, 2016 AM EDT - YuGee
The government claims that the economy is bouncing back following the rise in exports in August, the first time in 19 months that exports increase year on year and the current account surplus continued into July.
Aug 15, 2016 AM EDT - YuGee
On August 13, the International Monetary Fund said that the economy of South Korea is anticipated to expand by 3 percent next year.
Mar 16, 2016 PM EDT - Jesse L.
The unemployment rate among South Koreans between the ages of 15 and 19 is higher than ever, according to a new report Wednesday by Statistics Korea, the country's official data agency.
Jan 11, 2016 AM EST - Ma Elena Garcia
Soon after China announced that it would depreciate its currency to boost its economy, global markets took a steep dive last week as the signs of weaknesses hit both Chinese and global stock markets.
Jan 08, 2016 AM EST - Ma Elena Garcia
The economic pressures mounting on Seoul will come to an end as Yoo Il-ho, the South Korea’s incoming finance minister, has vowed to embark on structural reforms to reduce any risk of economic crisis. Il-ho made an announcement on Jan.4 that he would tackle the growing household debt in a preemptive manner.
Nov 30, 2015 AM EST - Czarelli Tuason
The South Korean government continues to battle aging and the declining birth rate in the country in order to prevent a drop in their workforce and increasing their welfare expenses.
Nov 11, 2024 AM EST - Hugh Jung
Nov 11, 2024 AM EST - Hugh Jung
Nov 07, 2024 PM EST - Hugh Jung
Nov 07, 2024 PM EST - Hugh Jung
