The Bank of Korea anticipates that the won-dollar exchange rate will stabilize if the National Pension Service (NPS) fully ...

FTC tightens penalty rules for false advertising in Korea Korean firms face stricter fines for false advertising violations ...

The South Korean government unveiled a plan on Dec. 23 aimed at bolstering the struggling petrochemical industry, following ...

the Korea Fair Trade Commission (KFTC), for restricting competitors’ access to its taxi-hailing app. The penalty marks a significant reduction from an earlier fine of $50.3 million (KRW 72.4 billion), ...

According to Reuters, the Korea Fair Trade Commission is “investigating complaints filed by Apple Inc that Samsung Electronics Co is abusing its dominant position in wireless technology.” ...

The Korea Fair Trade Commission (KFTC) announced plans to closely monitor the market and begin reviewing potential regulations next year, particularly concerning AI data collection practices and ...

Marcos Jr. approved the issuance of an executive order to implement the commitments under the free trade agreement between the Philippines and Korea and two significant projects worth P63.2 ...

Kakao Mobility holds the largest market share in the country’s taxi-hailing market, capturing a 96% market share as of 2022, according to a statement by the Korea Fair Trade Commission (KFTC ...

The National Economic and Development Authority (NEDA) Board, chaired by President Marcos, has approved the implementation of a free trade agreement with South Korea and two major infrastructure ...

The two economies have so little to offer each other that Russia would account for less than 2 percent of North Korea’s international trade other than arms deals, while China accounts for more ...