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The Viet Nam-South Korea Free Trade Agreement (FTA) will serve as a milestone to strengthen the two countries' economic relations, expected to reach US$70 billion in trade by 2020.

KUWAIT CITY -- President Park Geun-hye on Monday requested the Kuwaiti emir to provide more opportunities for Korean fir

[SEOUL] South Korea's manufacturing activity and new export orders both grew for a second consecutive month in February, a private-sector survey showed on Monday, raising hopes for a rebound in Asia's fourth-largest economy.

As the duty-free shop market in Jeju Island increases over 1 trillion won, Korea's major retailers are competing harder to take a larger share of the market. According to the Korea Duty Free Association on February 27, the total number of tourists who visited the eight duty-free shops in Jeju ...

Hotel Lotte won the operational right for a downtown duty-free shop in Jeju, officials said Friday, a move that is antic

The reclaimed region of Saemangeum, North Jeolla Province, is in the limelight after the government announced plans to c

President Park Geun-hye on Thursday agreed with the Czech Republic Prime Minister Bohuslav Sobotka to raise the two coun

La corte costituzionale della Corea del Sud ha annullato una legge del 1953 che rendeva illegale l’adulterio nel paese, giudicata incostituzionale. Secondo la legge i colpevoli rischiavano fino a due anni di prigione. Negli ultimi sei anni quasi 5.500 persone sono state formalmente condannate con accuse di adulterio, di cui ...

Standard & Poor's sharply raised India's growth forecasts for the next several years to reflect a recent change in how gross domestic product is calculated by the government, and said the economy should be a "bright spot" in Asia.

A damaging traffic accident is a devastating experience for anybody, even more so if one has to struggle to prove the ge

Corporate sentiment in South Korea hit a six-month low in February as companies remained increasingly worried about unfa

South Korea's Constitutional Court threw out a decades-old anti-adultery law on Thursday, reflecting a growing importanc

Fuel efficiency is one of major factors for people to consider when buying hybrid vehicles, but there are many other ele

China and Korea sign draft version of trade agreement, final signing set for first half of year.

South Korea and the Czech Republic agreed Thursday to upgrade their relations to a strategic partnership to deepen coope

South Korean duty-free retailers Hotel Lotte and Hotel Shilla are competing again to open more stores, this time on the

South Korea's terms of trade improved for the fifth straight month on-year in January as weaker oil prices pushed import

Sales at South Korea's discount outlets and department stores continued to drop from a year earlier in January, but the

South Korea and China initialed their free trade agreement Wednesday, taking a step closer to implementing what South Ko

Korea's balance of automotive parts trade with Japan has turned to the black for the first time in history last year. According to the Korea Trade-Investment Promotion Agency and the Korea International Trade Association on February 2, the volume of Korean-made auto parts exports to Japan was US$885,136,000, up 10.5 ...

The January export prices fell to the lowest level in 28 years. The Bank of Korea said on February 11 that the export price index (with the 2010 prices set at 100) for the month of January fell 4.2 percent to 82.71 from the previous month. That means exporters saw ...