• Corea del Sud Malta

    Seoul City to set up foreign residents’ panel

    By the end of this year, foreign residents in Seoul will have an official platform to more actively participate in the c

  • Malta

    Czech Prime Minister Holds Luncheon Meeting with Korean Business Leaders

    Bohuslav Sobotka, Prime Minister of the Czech Republic, who is on a state visit to Korea, held a luncheon meeting on February 25 with the nation's business leaders and urged them to make more investment in his country. In a keynote speech, the prime minister said, "We in the Czech ...

  • Malta

    40% of Economists Say Economy Is in Deflation

    Two out of five economists in Korea said in a survey the Korean economy is in a state of deflation in which prices are moving downward while growth is at standstill. In addition, 80 percent of them gave a "C" grade to the current government's handling of economic policy. According ...

  • Malta

    JB Paints Sets Goals High at 1 Tril. Won Sales by 2020

    Kunsul Chemical Industrial, also known as its brand JB Paints, marked the 70th anniversary since foundation this year and set its sales target at 1 trillion won by 2020. Kunsul Chemical is stepping up aggressive marketing efforts by hiring a professional CEO from Samsung C&T.   According to company sources on February ...

  • Malta

    JB Paints Sets Goals High at 1 Tril. Won Sales by 2020

    Kunsul Chemical Industrial, also known as its brand JB Paints, marked the 70th anniversary since foundation this year and set its sales target at 1 trillion won by 2020. Kunsul Chemical is stepping up aggressive marketing efforts by hiring a professional CEO from Samsung C&T.   According to company sources on February 11, its new CEO & ...

  • Malta

    Top 3 Tire Makers Seek Ways to Overcome Stagnant Sales

    Korea's top three tire makers—Hankook Tire, Kumho Tire, and Nexen Tire—are going all-out to increase their market share as a way to boost their stagnant sales growth. Their profitability improved last year thanks to the stabilization in the price of raw materials. To sustain growth, however, they are under pressure ...

  • Malta

    Hyundai Motor Kicks off Sales of New Genesis

    Hyundai Motor announced on March 5 that it started selling the 2015 version of Genesis. The brand-new model features an addition of safety items, including the Lane Keeping Assist System, advanced airbag, and center headrest for rear seats.   High-end tires are opted for entire trims and the convenience items, once applied ...

  • Malta

    Import Car Sales Up 21% in February

    Brisk sales of import car continue in Korea. The sales of import cars in Korea rose 21 percent last month year on year. Mercedes-Benz kept its No. 1 spot for two straight months.   According to the Korea Automobile Importers and Distributors Association on March 5, the number of import cars sold ...

  • Malta

    Kia Motors Sees Sales Down 8.7% in February

    Kia Motors saw its sales fall last month primarily due to a decline in the output of its domestic plant. Kia Motors announced on March 2 that it sold 221,669 units last month, down 8.7 percent from a year ago.   The February sales consisted of domestic sales of 35,405 units and ...

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    Kenya faults South Africa on avocado export ban

    Kenya says that South Africa has declined to reopen the market yet the country has implemented a pest management plan agreed between the two nations.