BRAND

• Top headlines in major S. Korean newspapers

  BRAND

  SEOUL, Dec. 29 (Yonhap) -- The following are the top in major South Korean newspapers on Dec. 29.Korean-language dailies-- S. Korea moving closer to U.S. by unveiling details of Indo-Pacific strategy (Kyunghyang Shinmun)-- State subsidies to civic g
• 5 companies to recall nearly 8,500 vehicles over faulty parts

  BRAND

  SEOUL, Dec. 29 (Yonhap) -- Hyundai Motor Co., BMW Korea, Stellantis Korea and two other firms will voluntarily recall nearly 8,500 vehicles to fix faulty components, the transport ministry said Thursday.The five firms, including Volkswagen Group Kore
• 

  BRAND

  (LEAD) National Assembly approves bill to raise ceiling on debt-ridden KEPCO's bond issuance

  (ATTN: ADDS details about other bills in last 7 paras)SEOUL, Dec. 28 (Yonhap) -- The National Assembly on Wednesday approved a legal revision meant to raise the ceiling on bond issuance by money-losing state-run Korea Electric Power Corp. (KEPCO) in
• 

  BRAND

  National Assembly approves bill to raise ceiling on debt-ridden KEPCO's bond issuance

  SEOUL, Dec. 28 (Yonhap) -- The National Assembly on Wednesday approved a legal revision meant to raise the ceiling on bond issuance by money-losing state-run Korea Electric Power Corp. (KEPCO) in order to prevent a liquidity crisis at the firm and en
• 

  BRAND

  S. Korea unveils steps to tackle demographic change

  SEOUL, Dec. 28 (Yonhap) -- South Korea on Wednesday announced a set of measures to cope with the country's extremely low birthrate and rapid population aging, which could undercut its growth potential and have a wide-ranging effect on its society
• 

  BRAND

  IPOs on KOSDAQ market hit 20-year high

  SEOUL, Dec. 28 (Yonhap) -- The number of newcomers on the country's tech-laden KOSDAQ market this year reached the highest ever since 2002, the bourse operator said Wednesday.A total of 129 firms made their debuts on the KOSDAQ market this year,
• 

  BRAND

  Population mobility lowest in 48 years in Nov. amid aging population

  By Kang Yoon-seungSEOUL, Dec. 28 (Yonhap) -- The number of South Koreans who moved to different residences in the country dipped 16 percent from a year earlier in November amid the country's aging population, data showed Wednesday. Around 476,000
• 

  BRAND

  S. Korea's childbirths hit record low in Oct.

  By Kang Yoon-seungSEOUL, Dec. 28 (Yonhap) -- The number of babies born in South Korea reached yet another record low in October, data showed Wednesday, underscoring the country's chronic low birthrate.A total of 20,658 babies were born in October
• Biz outlook worsens for Jan. amid inflation, recession woes

  BRAND

  SEOUL, Dec. 28 (Yonhap) -- South Korean's business outlook darkened for January amid worries over high inflation and an economic slump, a central bank poll showed Wednesday.Local companies' business sentiment index (BSI) for December came to
• 

  BRAND

  S. Korea reports another bird flu case at chicken farm

  SEOUL, Dec. 27 (Yonhap) -- South Korea confirmed one more avian influenza case at a chicken farm Tuesday in the latest in a series of infections at local poultry farms in recent weeks.The new case of a highly pathogenic avian influenza strain of H5N1
• Medicox to raise 1 bln won via stock offering

  BRAND

  SEOUL, Dec. 27 (Yonhap) -- Medicox Co. on Tuesday announced that it will sell stock to raise 1 billion won (US$786,533). The proceeds from the stock sale will be used mainly to finance business acquisition.According to a regulatory filing, the compan
• 

  BRAND

  Yoon calls for win-win growth of small, large businesses

  SEOUL, Dec. 27 (Yonhap) -- President Yoon Suk Yeol said Tuesday that next year's industrial policy should focus on ensuring "win-win" development between large and small firms.Yoon made the remark during a joint policy briefing by the
• 

  BRAND

  S. Korea not considering extra budget for 2023: finance minister

  By Kang Yoon-seungSEJONG, Dec. 27 (Yonhap) -- Finance Minister Choo Kyung-ho said Tuesday that South Korea is not considering seeking an extra budget for next year if its economic growth falls in line with expectations.Last week, the Ministry of Econ
• 

  BRAND

  S. Korea eyes record exports next year despite gloomy outlook

  SEOUL, Dec. 27 (Yonhap) -- South Korea said Tuesday it will make all-out efforts to win major overseas nuclear power plant projects and boost arms sales next year in a move to prop up declining exports and generate growth momentum.The goal -- part of
• 

  BRAND

  S. Korea's growth rate forecast to slow to 1.4 pct in 2023: think tank

  SEOUL, Dec. 27 (Yonhap) -- South Korea's economic growth rate is expected to slow to 1.4 percent in 2023 amid slumping exports and sluggish domestic demand, a leading think tank said Tuesday.Asia's fourth-largest economy is projected to expan
• 

  BRAND

  Youth suicide rate up in 2021 amid pandemic

  By Kang Yoon-seungSEOUL, Dec. 27 (Yonhap) -- The youth suicide rate increased in 2021 amid the COVID-19 pandemic to remain as their No. 1 cause of death, data showed Tuesday, in yet another sign of a chronic problem that has plagued South Korea for y
• 

  BRAND

  Number of small firms down 0.2 pct in 2021 amid pandemic

  By Kang Yoon-seungSEOUL, Dec. 27 (Yonhap) -- The number of small companies in South Korea edged down 0.1 percent in 2021 from a year earlier amid the prolonged COVID-19 pandemic, data showed Tuesday.The number of small businesses reached 4.11 million
• 

  BRAND

  S. Korea to expand scope of flexible tariffs in 2023

  By Kang Yoon-seungSEOUL, Dec. 27 (Yonhap) -- South Korea plans to increase the number of products on its flexible tariffs list in 2023 to cope with the global inflation and to meet industrial needs, the finance ministry said Tuesday.The number of pro
• 

  BRAND

  S. Korea OKs feasibility study for airport project near N. Korea

  SEOUL, Dec. 27 (Yonhap) -- South Korea's finance ministry said Tuesday it has approved the feasibility study for the 201.8 billion-won (US$159 million) project to build a small airport at the country's northernmost island of Baengnyeong.South
• 

  BRAND

  BOK's reserve management team expects dollar to bounce back amid recession woes

  SEOUL, Dec. 27 (Yonhap) -- The U.S. dollar's recent downward move will likely continue for the time being, but its value could bounce back next year when global recession woes arise, the foreign reserve management team of South Korea's centra