National | BusinessKorea

Tuesday, January 23, 2018


Hyundai Motor Group headquarters buildings located in Seoul, South Korea. (Photo courtesy of Chu/Wikimedia Commons)
Hyundai Motor’s Trade Union
15 August 2013 - 6:03pm
After Hyundai Motor workers vote to authorize a strike against their company, concerns arise over the weakening of overall competitiveness in the Korean motor industry. Furthermore, as the management...
Model Industrial Complex factories in Kaesong (Gaesong) Industrial Area. (photo courtesy of Mimura/Wikimedia Commons)
Kaesong Industrial Complex
15 August 2013 - 4:44pm
On August 14, South and North Korea adopted a five-point agreement to resume operations of the Kaesong Industrial Complex (KIC) in the seventh round of working-level talks. The two sides agreed to...
N. Korea’s Diplomatic Efforts
14 August 2013 - 4:56pm
Pyongyang's bid to intensify diplomatic ties with African states has drawn a lot of attention this year. The North Korean Central News Agency reported that on August 10, a delegation headed by...
Korea's National Assembly meeting.
Tax Law Revision Bill
14 August 2013 - 3:59pm
The government and the ruling party agreed to raise the lower limit of annual income for additional taxation from 34.5 million won (US$30,809) to 55 million won (US$49,115) by amending the tax law...
The two basic ideas behind LTE-TDD are that more data comes in to a phone than goes out from a phone, and that transmissions to and from the phone should share the same frequency.
13 August 2013 - 2:45pm
It has been pointed out that if the frequency resources for mobile WiMax are redirected to LTE-TDD, the economic effect will increase about 20-fold for six years to come. An increasing number of...
The Rising Sun Flag is the military flag of Japan.
Japanese “Rising Sun Flag”
9 August 2013 - 5:01pm
On August 8, the Japanese conservative daily Sankei Shimbun reported that the Japanese government is moving to officially use the wartime national flag called “Rising Sun flag” symbolizing imperial...
Macquarie in Seoul
8 August 2013 - 5:48pm
Macquarie, which is the largest shareholder in Seoul Metro Line 9 Corporation, is predicted to withdraw its business in the wake of the controversies surrounding excessive charge hikes. Under the...
Business in N. Korea
8 August 2013 - 5:09pm
On August 6 it was reported that US chip giant Intel has requested the US government to be permitted to register and protect its trademarks in North Korea, which is subject to strict US sanctions. ...
A meeting between Hyundai Motor’s management and the union in the Ulsan plant on August 6, 2013.
Hyundai Motor’s Trade Union
8 August 2013 - 2:06pm
The union of South Korea's largest carmaker, Hyundai Motor, said on August 6 that its talks with the management over a nearly three-month-old wage deal brought out no results, which may lead to a...
Kim Hyung-suk, spokesman of the Ministry of Unification, gives a briefing to accept the offer that the North’s Committee for the Peaceful Reunification of Korea (CPRK) made to hold the 7th working-level talks.
Kaesong Industrial Complex
8 August 2013 - 1:37pm
On August 7, South Korea accepted the North's proposal for a new round of talks the next week to normalize operations at the inter-Korean industrial zone, which has been closed for four months now....
“Spam Republic”
7 August 2013 - 6:40pm
"Two years from now, spam will be solved." “The developments in information technology will result in a solution that accurately identifies the sender of the spam,” said Bill Gates at the 2004 World...
North Korean workers at Kaesong Industrial Complex produce sneakers.
Kaesong Industrial Complex
5 August 2013 - 2:33pm
The government announced that South Korean companies' losses could amount to 750 billion won arising from a prolonged suspension of the joint inter-Korean industrial complex in North Korea. According...


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