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S. Korea to double low-rate loan ceiling to Indonesia over next 5 years

SEOUL, Nov. 24 (Yonhap) -- South Korea said Wednesday it plans to more than double the ceiling on the country's low-interest rate loans to Indonesia over the next five years in a bid to strengthen bilateral cooperation.Under the agreement between
$POSCO Chemical builds new refractory factory in S. Korea$

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POSCO Chemical builds new refractory factory in S. Korea

SEOUL, Nov. 24 (Yonhap) -- POSCO Chemical Co., a unit of South Korean steel giant POSCO, said Wednesday it has completed the construction of a new refractory plant in the southern city of Pohang as part of its efforts to boost production of basic ind
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Hyundai Heavy to set up guidance for offshore green hydrogen plant

By Nam Kwang-sikSEOUL, Nov. 24 (Yonhap) -- Global shipbuilding conglomerate Hyundai Heavy Industries Group said Wednesday it will establish the world's first technical guidance for offshore green hydrogen plantsTo that end, the group's affili
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(LEAD) S. Korea seeks int'l cooperation for urea solution supply during ODA meeting

(ATTN: UPDATES with more details in paras 8-10)SEOUL, Nov. 24 (Yonhap) -- South Korea on Wednesday sought international cooperation on its efforts to secure a stable supply of urea solution following a recent supply crunch, the industry ministry said
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(LEAD) S. Korean economy forecast to grow 3.2 pct in 2022

(ATTN: ADDS outlook by think tank in last 3 paras, photos)SEOUL, Nov. 24 (Yonhap) -- The South Korean economy is likely to expand 3.2 percent on-year in 2022 on the back of a recovery in private consumption and brisk exports, a local think tank said
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S. Korea seeks int'l cooperation for urea solution supply during ODA meeting

SEOUL, Nov. 24 (Yonhap) -- South Korea on Wednesday sought international cooperation on its efforts to secure a stable supply of urea solution following a recent supply crunch, the industry ministry said.Trade Minister Yeo Han-koo made the request du
$Hyundai Doosan Infracore ties up with SK Ecoplant for smart construction technologies$

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Hyundai Doosan Infracore ties up with SK Ecoplant for smart construction technologies

By Nam Kwang-sikSEOUL, Nov. 24 (Yonhap) -- Construction equipment maker Hyundai Doosan Infracore Co. said Wednesday it has signed a deal with local builder SK Ecoplant to improve digital technologies related to construction site management.Under the
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Trade terms decline for 7th straight month in October

SEOUL, Nov. 24 (Yonhap) -- South Korea's terms of trade fell for the seventh consecutive month in October as prices of imports grew at a faster pace than export prices, central bank data showed Wednesday.The nation's net terms-of-trade index
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Population mobility falls for 10th month in Oct.

SEOUL, Nov. 24 (Yonhap) -- The number of South Koreans who moved to different residences in the country declined for the 10th straight month in October amid decreased housing transactions, data showed Wednesday.The number of people who changed their
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S. Korea's birth rate at record low in Sept.

SEOUL, Nov. 24 (Yonhap) -- The number of babies born in South Korea fell to a record low in September, data showed Wednesday, underscoring the country's bleak demographic situation with the chronically low birth rate.A total of 21,920 babies were
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S. Korean economy forecast to grow 3.2 pct in 2022

SEOUL, Nov. 24 (Yonhap) -- The South Korean economy is likely to expand 3.2 percent on-year in 2022 on the back of a recovery in private consumption and brisk exports, a local think tank said Wednesday.The Korea Capital Market Institute (KCMI) also f
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Imported commercial car sales fall 26 pct in Oct.

SEOUL, Nov. 24 (Yonhap) -- Sales of imported commercial vehicles in South Korea fell 26 percent in October from a year earlier amid the extended COVID-19 pandemic, an industry association said Wednesday. The number of newly registered imported commer
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S. Korea, Costa Rica vow to boost trade, investment during ministerial talks

SEOUL, Nov. 24 (Yonhap) -- The top trade officials of South Korea and Costa Rica met in Seoul on Wednesday and discussed ways to further boost bilateral trade and investment, Seoul's industry ministry said.During the meeting, Seoul's Trade Mi
Hanwha Solutions invests US$100 mln in U.S. data-tech startup

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SEOUL, Nov. 24 (Yonhap) -- Hanwha Solutions Corp., a chemical and energy unit of South Korean conglomerate Hanwha Group, said Wednesday it is investing US$100 million in a U.S. data center- tech company as it seeks to expand its sustainable power gri
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Imports of golf equipment at record high in first 10 months of this year

SEOUL, Nov. 24 (Yonhap) -- South Korea's imports of golf equipment rose to a record high in the first 10 months of this year on the back of strong demand amid the pandemic, customs data showed Wednesday.The imports of golf clubs and other related
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Big firms' donations sink 37.1 pct amid pandemic

SEOUL, Nov. 24 (Yonhap) -- Large South Korean companies' social contributions plunged nearly 37 percent in the first nine months of the year amid the coronavirus pandemic, a corporate tracker said Wednesday.CEO Score, which tracks corporate manag
Manufacturers' biz sentiment remains weak for December

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SEOUL, Nov. 24 (Yonhap) -- South Korean manufacturers' business sentiment remained sluggish for December amid high shipping costs and raw material prices, central bank data showed Wednesday.The business sentiment index (BSI) for local manufacture
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S. Korea joins U.S.-led coordinated release of crude reserves

By Kim Eun-jung SEOUL, Nov. 23 (Yonhap) -- The South Korean government said Tuesday it will join the U.S.-led plan to release strategic crude reserves along with other major oil-consuming nations to help bring down soaring energy prices."The go
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(LEAD) Ship carrying Chinese urea arrives in S. Korea

(ATTN: UPDATES with arrival of container ship in paras 2-3, CHANGES headline, lead)SEOUL, Nov. 23 (Yonhap) -- The first batch of urea that has been under export inspection in China was delivered to South Korea on Tuesday, which is expected to ease a
Daeho Al to raise 30 bln won via stock offering

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SEOUL, Nov. 23 (Yonhap) -- Daeho Al Co.on Tuesday announced that it will sell stocks to raise 30 billion won (US$25.2 million). The proceeds from the stock sale will be used mainly to pay off its debts.According to a regulatory filing, the company wi