K-VIBE BRAND

BRAND

Search: 9,668

BRAND

Number of newly launched businesses down 3.4 pct in 2021

SEJONG, Dec. 22 (Yonhap) -- The number of newly established companies in South Korea decreased 3.4 percent on-year in 2021 amid weak business sentiment sparked by the pandemic, data showed Thursday.Last year, the number of newly created firms came to
BRAND

Financial stress index stays in 'danger' stage amid global tightening, credit crunch woes

SEOUL, Dec. 22 (Yonhap) -- The financial stress index (FSI) for South Korea has risen to the "danger" stage, affected by global monetary tightening and increased volatility in the corporate debt market, a central bank report said Thursday
BRAND

SsangYong Motor to be renamed KG Mobility: new chairman

SEOUL, Dec. 22 (Yonhap) -- SsangYong Motor Co. will operate under a new name, KG Mobility, its new chief has said, in a move signaling a new chapter in the company's decadeslong history marked by long restructuring efforts. Kwak Jea-sun, new chai
Helixmith to raise 35 bln won via stock sale

BRAND

SEOUL, Dec. 22 (Yonhap) -- Helixmith Co. on Thursday announced that it will sell stock to raise 35 billion won The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing, the company will is
Top headlines in major S. Korean newspapers

BRAND

SEOUL, Dec. 22 (Yonhap) -- The following are the top in major South Korean newspapers on Dec. 22.Korean-language dailies-- Yoon calls labor union 'one of three major corruptions' (Kyunghyang Shinmun)-- Gov't puts forward 'New Growth
Producer prices down in Nov. on fall in farming goods

BRAND

SEOUL, Dec. 22 (Yonhap) -- South Korea's producer prices fell for the first time in three months in November as prices of farming products declined, central bank data showed Thursday.The producer price index, a major barometer of consumer inflati
SK On to raise 2.8 tln won in rights offering

BRAND

SEOUL, Dec. 21 (Yonhap) -- South Korean battery maker SK On Co. will raise a total of 2.8 trillion won (US$2.17 billion) from its parent company and a few other local private equity funds (PEFs) by issuing new shares, in an effort to pool financial r
PCL. Inc to raise 3 bln won via stock sale

BRAND

SEOUL, Dec. 21 (Yonhap) -- PCL. Incon Wednesday announced that it will sell stock to raise 3 billion won (US$2.3 million). The proceeds from the stock offering will be used primarily to finance its facilities.According to a regulatory filing, the com
Codenature to raise 5 bln won via stock sale

BRAND

SEOUL, Dec. 21 (Yonhap) -- Codenature Inc.on Wednesday announced that it will sell stock to raise 5 billion won (US$3.9 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing,
BRAND

Heungkuk Life to raise 230 bln won through rights offering

SEOUL, Dec. 21 (Yonhap) -- South Korean insurer Heungkuk Life Insurance Co. said Wednesday it will raise 230 billion won (US$178.9 million) through a rights offering.Heungkuk Life will sell 2.44 million convertible preferred shares to tsis and Tcast,
BRAND

(LEAD) Yoon calls for removing 'deep-rooted evils' blocking growth

(ATTN: UPDATES with additional remarks by Yoon)By Lee Haye-ahSEOUL, Dec. 21 (Yonhap) -- President Yoon Suk Yeol called Wednesday for removing "deep-rooted evils" blocking the nation's growth and pushing for reforms especially in labor
BRAND

(LEAD) S. Korea sets 2023 growth outlook at 1.6 pct

(ATTN: UPDATES with details in last 4 paras; ADDS photo)By Kang Yoon-seungSEOUL, Dec. 21 (Yonhap) -- South Korea's finance ministry on Wednesday lowered the country's 2023 economic growth to 1.6 percent as the country braces for the impact of
BRAND

Yoon calls for removing 'deep-rooted evils' blocking growth

By Lee Haye-ahSEOUL, Dec. 21 (Yonhap) -- President Yoon Suk Yeol called Wednesday for removing "deep-rooted evils" blocking the nation's growth and pushing for reforms especially in labor, pensions and education.Yoon issued the call w
BRAND

(News Focus) S. Korea puts priority on tackling inflation, revitalizing exports in 2023 policy goals

By Kang Yoon-seungSEOUL, Dec. 21 (Yonhap) -- South Korea on Wednesday unveiled its 2023 economic policy plan that focuses on coping with inflation and revitalizing exports, as the country is set to continue to face external uncertainties, including t
BRAND

S. Korea sets 2023 growth outlook at 1.6 pct

By Kang Yoon-seungSEOUL, Dec. 21 (Yonhap) -- South Korea's finance ministry on Wednesday lowered the country's 2023 economic growth to 1.6 percent as the country braces for the impact of global monetary tightening moves and weaker exports. Th
Gist of S. Korea's 2023 economic policy plan

BRAND

SEOUL, Dec. 21 (Yonhap) -- The following are the key economic policy measures planned for next year. The measures are aimed at "overcoming challenges" and "revitalizing the economy."Stable management of macroeconomic factors--
BRAND

S. Korea to roll out 15 projects aimed at fostering new growth engines

By Kang Yoon-seungSEOUL, Dec. 21 (Yonhap) -- South Korea on Wednesday unveiled an economic development blueprint covering 15 projects ranging from space exploration to self-driving technology, in line with efforts to foster new growth engines. The Ne
BRAND

7 steelmakers, 22 officials indicted for alleged price-fixing

By Kim Han-jooSEOUL, Dec. 21 (Yonhap) -- Prosecutors indicted seven major South Korean steelmakers and 22 of their officials on Wednesday on charges of fixing bidding prices years ago.The Seoul Central District Prosecutors Office has investigated the
BRAND

Number of workers taking parental leave up 1 pct in 2021

By Kang Yoon-seungSEOUL, Dec. 21 (Yonhap) -- The number of South Korean workers who took time off to take care of their children rose 1 percent in 2021 from a year earlier, government data showed Wednesday.A total of 173,631 workers took parental lea
BRAND

Foreign currency savings hit 10-year high in Nov. as businesses push for dollar liquidity

SEOUL, Dec. 21 (Yonhap) -- Foreign currency deposits at banks in South Korea hit the largest amount in about 10 years in November as businesses pushed to secure dollar liquidity and money for trading, central bank data showed Wednesday. Residents'