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Ministry of Land, Infrastructure, and Transport to Discuss 'Battery Information Disclosure' with Auto Manufacturers and Importers on the 13th
Kim SangJin 2024.08.09
[Alpha Biz= Reporter Kim Sangjin] Ministry of Land, Infrastructure, and Transport to Discuss EV Battery Information Disclosure on ...

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South Korea Secures 30 Trillion KRW Czech Nuclear Power Plant Contract: "Largest in Czech Modern History"
Kim Jisun 2024.07.18
[Alpha Biz= Reporter Kim Jisun] Korea Hydro & Nuclear Power Selected as Priority Negotiation Partner for Czech Republic's 30 T ...

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IMF has revised up South Korea's economic growth rate for this year to 2.5%.
Kim SangJin 2024.07.17
[Alpha Biz= Reporter Kim Sangjin] The International Monetary Fund (IMF) has upwardly revised South Korea's economic growth forecas ...

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Starting from August, gas prices will see an increase of 6.8%.
Kim Minyoung 2024.07.08
[Alpha Biz= Reporter Kim Minyoung] Starting from August 1st, the wholesale gas prices for residential use are set to increase. Spe ...

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North Korea violated military agreements at least 450 times in the first half of this year alone.
Kim Minyoung 2024.07.03
[Alpha Biz= Reporter Kim Minyoung] North Korea has been confirmed to have violated military agreements approximately 450 times in ...

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North Korea's consecutive release of waste-filled balloons for two days has caused disruptions in the landing and takeoff of aircraft at Incheon International Airport
Kim SangJin 2024.06.27
[Alpha Biz= Reporter Kim Sangjin] North Korea's consecutive release of waste-filled balloons for two days has caused disruptions i ...

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The government is considering an increase in residential and commercial city gas rates, which are used for housing and commercial properties.
Kim Minyoung 2024.06.24
[Alpha Biz= Reporter Kim Minyoung] The government is considering an increase in city gas rates for residential and commercial use. ...

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The government will spend an additional 280 billion won on unpaid wages
Kim Minyoung 2024.06.11
[Alpha Biz= Reporter Kim Minyoung] The government will expand 280 billion won worth of funds to support companies and employees wi ...

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In 100 years, the population of South Korea is projected to drop below 20 million.
Kim Jisun 2024.06.07
[Alpha Biz= Reporter Kim Sangjin] Rapidly declining birth rates and an aging population are predicted to exacerbate population dec ...

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North Korea has announced a temporary halt to the distribution of balloons carrying trash and other materials into South Korea.
Kim Minyoung 2024.06.03
[Alpha Biz= Reporter Kim Minyoung] North Korea announced on the 2nd that it would temporarily suspend the distribution of balloons ...

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The National Pension Service plans to decrease its domestic stock holdings and increase its investment in overseas stocks.
Kim Minyoung 2024.06.03
[Alpha Biz= Reporter Kim Minyoung] The National Pension Service is increasing its allocation to overseas stocks compared to domest ...

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North Korea experienced a failure in the launch of a military reconnaissance satellite when the first stage of a new rocket exploded mid-flight.
Kim SangJin 2024.05.28
[Alpha Biz= Reporter Kim Sangjin] North Korea acknowledged a launch failure on the night of the 27th, as a new rocket's first stag ...

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The Korea Exchange estimated that it will take at least 10 months to build the short selling computer system.
Kim Jisun 2024.05.27
[Alpha Biz= Reporter Kim Jisun] According to Jung Eun-bo, the Chairman of the Korea Exchange, it is expected to take at least 10 m ...

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Korea Electric Power Corporation (KEPCO) and Korea Gas Corporation (KOGAS) reported that they spent 1.5 trillion won solely on interest expenses in the first quarter.
Kim Minyoung 2024.05.26
[Alpha Biz= Reporter Kim Minyoung] Korea Electric Power Corporation (KEPCO) and Korea Gas Corporation (KOGAS) incurred a significa ...

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Morgan Stanley "Bank of Korea interest rate cut from October"
Kim SangJin 2024.05.23
[Alpha Biz= Reporter Kim Sangjin] Morgan Stanley, a global investment bank, pointed to October this year as the time to cut its be ...

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GEPS is recruiting a domestic private equity fund (PEF) manager to invest 1.4 trillion won of funds.
Kim SangJin 2024.05.21
[Alpha Biz= Reporter Kim Sangjin] GEPS (Government Employees Pension Service) is seeking to recruit a domestic private equity fund ...

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K Ramen has achieved its first milestone of monthly exports surpassing $100 million, marking a twofold growth over the past four years.
Kim Jisun 2024.05.20
[Alpha Biz= Reporter Kim Jisun] According to Korea Customs Service trade statistics on the 19th, the monthly export value of ramen ...

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The Bank of Korea renewed a currency swap agreement worth 5 trillion won with Malaysia.
Kim Minyoung 2024.05.14
[Alpha Biz= Reporter Kim Minyoung] The Bank of Korea announced on the 13th that it has renewed its one-ringgit currency swap cont ...

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Gyeonggi Province Governor and Democratic Party of Korea representative Lee Jae-myung strongly criticized the government for not taking decisive action against Japan's "Line intrusion.
Kim Jisun 2024.05.13
[Alpha Biz= Reporter Kim Jisun] Lee Jae-myung, the representative of the Democratic Party of Korea, strongly criticized the govern ...

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Moody's has maintained South Korea's credit rating at 'Aa2, stable,' while predicting a growth rate of 2.5%.
Paul Lee 2024.05.10
[Alpha Biz= Reporter Paul Lee] On the 9th, international credit rating agency Moody's announced that it would maintain South Korea ...