Tag : South Korea

Business

South Korea CPI rises 3.1% on fuel and telecom gains

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South Korea’s consumer inflation accelerated to 3.1% in August from a year earlier, official data showed. The rate increased from 2.8% in July and moved...
Travel

South Korea inbound tourism rises 20.8% in July

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South Korea welcomed 2,093,223 foreign visitors in July 2026, extending a strong recovery in international tourism. The monthly total increased 20.8% from 1,733,199 arrivals recorded...
Business

South Korea starts first Arctic container ship trial

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A South Korean container ship has left Busan for Europe on the country’s first Arctic trial involving commercial container cargo. PanStar Acro departed Busan New...
Business

South Korea car exports set July high at $6.24 billion

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South Korea’s automobile exports climbed 7.0% from a year earlier to US$6.24 billion in July 2026. The figure set a record for the month of...
Travel

South Korea posts $596.6 million tourism surplus

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South Korea posted a $596.6 million tourism surplus in June 2026, its strongest monthly result since the COVID-19 pandemic. The balance improved by about $1.44...
Business

Record heat pushes up food prices across South Korea

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South Korea is facing sharp increases in fresh food prices as extreme heat disrupts farms and reduces vegetable supplies. Korea Agro-Fisheries & Food Trade Corp....
Technology

Samsung sets 2029 start for first Yongin semiconductor plant

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Samsung Electronics plans to start operations at its first chip plant in Yongin in 2029. The revised target brings the opening forward by one to...
Business

South Korea exports reach record US$102.25 billion in June

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South Korea’s exports topped US$100 billion in a single month for the first time in June, setting a national record as semiconductor shipments nearly tripled....
Sports

South Korea tops Czechia 2-1 in FIFA World Cup Group A

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South Korea opened its FIFA World Cup Group A campaign with a 2-1 comeback win over the Czech Republic at Guadalajara Stadium. Hwang In-beom scored the equalizer and set...
Business

Korean cosmetics exports hit US$5.6 billion in five months

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South Korea’s cosmetics exports reached US$5.6 billion in the first five months of 2026, government data showed, rising from US$4.6 billion a year earlier. The...