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(LEAD) Samsung's Lee embarks on trip to UAE, Saudi Arabia to cement networks, seek biz opportunities

(ATTN: RECASTS headline, lead; ADDS photo; ADDS Lee's remark in 3rd para)SEOUL, Dec. 6 (Yonhap) -- Samsung Group's de facto leader Lee Jae-yong left for the United Arab Emirates on Monday in the latest move to expand global networks and seek
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S. Korea reports additional case of highly pathogenic bird flu

SEOUL, Dec. 6 (Yonhap) -- South Korea reported an additional case of highly pathogenic avian influenza at a chicken farm Monday, bringing the total number of cases in poultry to 10 since last fall.The latest case occurred at a farm raising around 36,
Ismedia to sell shares to raise capital

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SEOUL, Dec. 6 (Yonhap) -- Ismedia Co.on Monday announced that it will sell stocks to raise capital.According to a regulatory filing, the company will issue 53,212 common shares at a price of 22,149 won (US$18.75) per share. The stocks will be sold to
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S. Korea eyes early implementation of eased capital gain taxes on home sales

SEOUL, Dec. 6 (Yonhap) -- South Korea said Monday it seeks the early implementation of a revised act that will raise the tax exemption limit for capital gains of property sales for single-home owners in a bid to help stabilize the housing market ahea
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Samsung's Lee to visit UAE, Saudi Arabia to cement network, seek biz opportunities

SEOUL, Dec. 6 (Yonhap) -- Samsung Group's de facto leader Lee Jae-yong is set to leave for the United Arab Emirates on Monday, the company said, in the latest move to expand global networks and seek new business opportunities.The trip will also t
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Daewoo Shipbuilding to develop ESG indexes for Korean shipbuilders

By Nam Kwang-sik SEOUL, Dec. 6 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday that it plans to develop indexes to assess the performance of Korean shipbuilders' ESG management activities. ESG is short for environmenta
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S. Korea, ADB to hold startup road show this week

SEOUL, Dec. 6 (Yonhap) -- South Korea and the Asian Development Bank (ADB) plan to co-host a road show this week with an aim to facilitate Korean startups' foray into the Asia-Pacific region and find ways to promote sustainable growth of developi
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S. Korea, ASEAN agree to quicken customs procedure for their FTA

SEOUL, Dec. 6 (Yonhap) -- South Korea and the Association of Southeast Asian Nations (ASEAN) have agreed to address sticky issues in customs procedures for better implementation of their free trade agreement (FTA), the finance ministry said Monday.Un
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Small merchants' sentiment dips for Dec. amid soaring coronavirus cases

SEOUL, Dec. 6 (Yonhap) -- South Korean small merchants' business confidence worsened for December in the wake of a surge in coronavirus infections, a poll showed Monday.The Small Enterprise and Market Service said its business survey index (BSI)
(EDITORIAL from Korea Times on Dec. 6)

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Double whammyConsumer prices surge, while income declinesSouth Koreans are bearing the brunt of a double whammy ― soaring consumer prices and declining income. Simply put, they are increasingly worse off amid the resurgent COVID-19 pandemic and runaw
(EDITORIAL from Korea Herald on Dec. 6)

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Bleak outlookRising consumer prices, shrinking income amid COVID-19 woes raise uncertaintyThe long-awaited year-end festive mood is unlikely to be seen in 2021, as South Korea is beset by a host of negative economic signs and the people are increasin
S. Korea to increase number of highway EV chargers to over 1,000

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SEOUL, Dec. 5 (Yonhap) -- South Korea will increase the number of electric vehicle chargers at highway service areas nationwide to over 1,000 by the end of 2022, the transport ministry said Sunday.Currently, there are 435 EV chargers at the country&#
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FSC puts top priority on bringing household debt growth to pre-pandemic levels

SEOUL, Dec. 5 (Yonhap) -- The head of South Korea's top financial regulator has said he will make continued efforts to bring household debt growth down to pre-pandemic levels, as fast increasing debt has emerged as a major risk that could threate
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S. Korea reports suspected cases of highly pathogenic bird flu at egg farm

SEOUL, Dec. 4 (Yonhap) -- South Korea on Saturday reported suspected cases of highly pathogenic bird flu at a local egg farm. The suspected cases of the avian influenza were discovered at an egg farm in Cheonan, 92 kilometers south of Seoul, accordin
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S. Korea voices concerns about Japan's Fukushima water release plan

SEOUL, Dec. 3 (Yonhap) -- South Korea on Friday expressed concerns over Japan's assessment report about its planned release of radioactive water into the sea from its crippled Fukushima nuclear power plant.The stance was delivered at a virtual me
(URGENT) S. Korea reports first suspected cluster outbreak of omicron variant at church: officials

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Daewoo Shipbuilding wins 383 bln-won order for offshore facility

By Nam Kwang-sik SEOUL, Dec. 3 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday it has signed a 383 billion-won (US$325 million) deal to build a wind turbine installation vessel (WTIV). Under the deal with Monaco's Enet
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Online shopping hits record high in Oct. amid COVID-19 pandemic

SEOUL, Dec. 3 (Yonhap) -- Online shopping in South Korea hit a record high in October on the back of solid demand for food delivery services and electronic goods amid the COVID-19 pandemic, data showed Friday, in the latest sign that a growing number
Imported car sales fall 31 pct in Nov. amid chip shortages

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SEOUL, Dec. 3 (Yonhap) -- Sales of imported vehicles in South Korea fell 31 percent in November from a year earlier as chip shortages continued to disrupt vehicle production and sales, an industry association said Friday.The number of newly registere
(URGENT) S. Korea reports 4,944 new COVID-19 cases, critical cases hit record high of 736

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