How much is acceptable as cash gift for weddings?

It is wedding season in Korea as spring rolls into summer. Here it is customary...

DGB Daegu Bank becomes commercial bank

DGB Daegu Bank is embarking on a new chapter as a commercial bank, 56 years...

ICT exports jump nearly 34 pct in April

SEOUL, May 15 – South Korea’s exports of information and communication technology (ICT) products soared...

Delinquency ratio on bank loans falls in March

SEOUL, May 15 – The delinquency ratio on loans extended by banks in South Korea...

Banks expand corporate lending as household loan rules grow stricter

Major commercial banks have been bolstering their loan businesses focused on corporate clients, in response...

SMEs left out of Korea’s export rebound as chips, cars lead charge

Small- and medium-sized enterprises (SMEs) have been sidelined in Korea’s recent rebound in exports as...

Gov’t to navigate soft landing of real estate project financing market

Financial authorities will strengthen the feasibility evaluation criteria for real estate project financing (PF) businesses,...

Battery makers ramp up efforts to diversify graphite supply chain

Korean battery makers are speeding up efforts to diversify their supply chains to source key...

LG Innotek to spur growth in automotive lighting

LG Innotek on Monday renewed its commitment to nurturing the automotive lighting business as its...

FM Cho to visit China next week for talks with Wang Yi

Foreign Minister Cho Tae-yul will visit China early next week for talks with his Chinese...