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Wednesday, February 22, 2017

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S. Korea reached US$495.5 billion in total value of exports last year, down 5.9% from a year earlier, which put down the nation’s export ranking to 8th place in the world.
Back-to Back Decline
20 February 2017 - 11:45am
According to the World Trade Organization (WTO), South Korea reached US$495.5 billion in total value of exports last year, down 5.9% from a year earlier. For reference, it decreased by 8% between...
Samsung Group lost approximately 2 trillion won (US$1.7 billion) in market cap as its vice chairman Lee Jae-yong was arrested on February 17.
Evaporation of Huge Money
20 February 2017 - 11:45am
The Samsung Group lost approximately 2 trillion won (US$1.7 billion) in market cap as its vice chairman Lee Jae-yong was arrested on February 17. That day, Samsung Electronics’ stock price fell 0.42...
The won-denominated bond market is stabilizing nowadays, which is being led by Franklin Templeton.
Increasing Bond Investment
20 February 2017 - 11:30am
It has been found that the balance of foreign investment in the South Korean bond market totaled 91.4014 trillion won on February 13, showing an increase of 2.39 trillion won in two months. The...
Lotte Group’s adoption of a holding company structure will be accelerated as former Lotte Holdings Japan vice chairman Shin Dong-joo disposed of his shares in Lotte Shopping.
Start for Holding Company
20 February 2017 - 11:30am
It is expected that the Lotte Group’s adoption of a holding company structure will be accelerated as former Lotte Holdings Japan vice chairman Shin Dong-joo disposed of his shares in Lotte Shopping....
Lee Jae-yong, a vice chairman and de-facto head of the Samsung Group got arrested and put behind bars for the first time in its history, which puts Samsung in an unprecedented crisis.
Crisis Management
20 February 2017 - 11:30am
The Samsung Group, which took its first step as Samsung Store in 1938 and has become Korea's representative globalized company, is facing a situation where Lee Jae-yong, a vice chairman and de-facto...
The South Korean government will come up with new legal standards within this year to define the legal statuses, responsibilities and ethical standards of new industries based on artificial intelligence.
Legal Preparation for AI Era
17 February 2017 - 12:45pm
The South Korean government held a ministerial meeting on February 16, presided over by Acting President Hwang Kyo-Ahn. There, Minister of Science, ICT & Future Planning Choi Yang-hee announced...
The South Korean government released a plan to allow the development of spaces over and under roads to give more space to pedestrians as in the case of La Défense in Paris, France.
Korean Version of La Défense
17 February 2017 - 12:30pm
The Ministry of Land, Infrastructure & Transport of South Korea released a plan on February 16 to allow the development of spaces over and under roads. The purpose of the plan is to give more...
Hyundai Mobis has become a regular member of the Automotive Information Sharing and Analysis Center (Auto-ISAC), a private cybersecurity consultative body.
Cybersecurity for Future Cars
17 February 2017 - 12:30pm
Hyundai Mobis Co., South Korea's largest automotive parts supplier, announced on Feb. 16 that it has become a regular member of the Automotive Information Sharing and Analysis Center (Auto-ISAC)....
The Financial Supervisory Service (FSS) will discuss whether or not to conduct a special audit with relevant organizations in relation to an allegation about Samsung BioLogics’s accounting fraud.
Allerged Accounting Fraud
17 February 2017 - 12:15pm
Jin Woong-seop, chairman of the Financial Supervisory Service (FSS) said on February 16 that the FSS will discuss whether or not to conduct a special audit with relevant organizations in relation to...
The Top Brand PV Seal 2017 won by Hanwha Q CELLS.
Top Brand in Solar Sector
17 February 2017 - 11:45am
Hanwha Q CELLS Co., one of the world´s largest producer of solar modules with high quality in-house solar cells, has been awarded the "Top Brand PV Seal 2017" from EuPD Research for the fourth time...
An image of the BIO KOREA
‘BIO KOREA 2017’
17 February 2017 - 11:30am
The BIO KOREA 2017, the largest bio technology trade show in Asia, will take place in COEX, Seoul, for three days from April 12, co-hosted by Korea Health Industry Development Institute (KHIDI) and...
Hyundai Motor cars occupied nearly the half of vehicles suspected of having suddenly started for the past 10 years.
Sudden Start Accidents
17 February 2017 - 11:00am
It has been found that Hyundai Motor cars occupied nearly the half of vehicles suspected of having suddenly started, which the National Institute of Scientific Investigation was asked to check over...

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