South Korea

Christmas reflections

IT’S that time of the year – to slow down, take stock, and recalibrate for the challenges that the new year will bring. In this week’s BT Lifestyle, we catch up with five business leaders as they refl...

UK Trade Minister Chris Bryant (left) sealed the deal in London on Monday with his South Korean counterpart Yeo Han-koo. The pact is a small boost for UK Prime Minister Keir Starmer.

UK seals South Korea deal to trade 98% of goods tariff-free

It comes just weeks before a low- and zero-tariff agreement between the two countries was due to expire

South Korea Finance Minister Koo Yun-cheol said the government intends to begin with a modest pool of capital but ultimately grow the fund into a major global player.

South Korea to create commercially driven Temasek-style sovereign fund

The government envisions a vehicle capable of deploying capital into sectors with strong long-term potential

Seoul apartment prices rise 0.18% in the week ending Dec 8.

Seoul home prices extend rally as government mulls cooling steps

The persistent rally in property prices has kept the BOK’s board from resuming the monetary easing cycle in recent months

South Korean Oceans Minister Chun Jae-soo (centre) is accused of having received 30 million won (S$26,515) and two luxury watches from the Unification Church between 2018 to 2020.

South Korea minister resigns over alleged Unification Church funds

A SOUTH Korean minister announced his resignation on Thursday after being accused of receiving illegal funds from the Unification Church, a cult-like movement linked to widespread influence-peddling.

Coupang CEO Park Dae-jun is the highest-profile casualty of an ongoing crisis that prompted a probe and disrupted millions in South Korea.

Coupang CEO resigns over historic South Korean data breach

The company faces a potential fine of up to one trillion won

The company suffered a massive data leak this year and was forced to alert customers that their names, email addresses, phone numbers, shipping addresses and some order histories had been exposed.

South Korea police raid e-commerce giant Coupang over data leak

Personal information of 33.7 million customers had been leaked – almost two-thirds of the population

On the back of government support, South Korea's medical tourism industry – especially for dermatological treatments and plastic surgery – is thriving.

Kim Kardashian is hot on Korean beauty concierges, so are Singaporeans

Such services are booming in South Korea’s lucrative medical aesthetics tourism industry

SoftBank’s chief executive officer Masayoshi Son (left), who met with South Korean President Lee Jae Myung on Friday, said that the demand for chips will rise dramatically as AI advances.

SoftBank’s Arm plans to set up chip training facility in South Korea

It will train about 1,400 high-level chip design specialists to bolster the relatively weak system-semiconductor and fabless segments