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Korea, Chile agree to enter into ’2nd stage of FTA’ to upgrade ties

25-Jun-2012 Intellasia | Yonhap | 7:01 AM

Korean President Lee Myung-bak and Chilean President Sebastian Pinera agreed Friday to further upgrade cooperation between the two countries, building upon their rapidly [...]
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Korea to raise eco-friendly support to 30pct of ODA by 2020

23-Jun-2012 Intellasia | Yonhapnews | 7:01 AM

South Korea plans to increase the portion of eco-friendly green programmes it supports to 30 percent of its official development assistance (ODA) fund by 2020, the [...]
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Korea’s pension fund opens London base

23-Jun-2012 Intellasia | Reuters | 7:01 AM

The South Korean state pension fund has opened a new office in London, giving the $320 billion fund a foothold in Europe as it looks to expand its international portfolio of [...]
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Sirens ring out in Korean power shortage drill

Sirens ring out in Korean power shortage drill

23-Jun-2012 Intellasia | AFP | 7:01 AM

Sirens rang out across South Korea and some traffic lights were switched off Thursday as the country carried out an unprecedented drill aimed at averting summer power cuts. [...]
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Korea ‘could delay $6.9b fighter deal’

Korea ‘could delay $6.9b fighter deal’

22-Jun-2012 Intellasia | AFP | 7:01 AM

South Korea could delay awarding an eight trillion won ($6.9 billion) contract for 60 advanced fighter planes, the arms procurement agency said Wednesday after setting a new [...]
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LG announces Quick Voice; aims to compete with S Voice and Siri

LG announces Quick Voice; aims to compete with S Voice and Siri

22-Jun-2012 Intellasia | Money Control | 7:01 AM

Not to be left behind in this new voice assistant race founded by Apple and followed by Samsung, LG has announced its new intelligent voice recognition system called Quick [...]
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Korea’s labour productivity falls in Q1

22-Jun-2012 Intellasia | Yonhap News | 7:01 AM

South Korea’s labour productivity fell in the first quarter of 2012 from a year earlier due to sluggish exports and weak domestic consumption, a government report [...]
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Anti-foreigner groups on rise in Korea

21-Jun-2012 Intellasia | Korea Times | 7:01 AM

Korea may be relatively safe for foreigners to live in, but some analysts caution that xenophobic groups are becoming more vocal and organised as the number of immigrants [...]
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Korean taxi drivers strike over fuel costs

Korean taxi drivers strike over fuel costs

21-Jun-2012 Intellasia | Yonhap News | 7:01 AM

Hundreds of thousands of taxi drivers staged a one-day, nationwide strike Wednesday, demanding the government cut fuel prices and hike fares, the union of taxi drivers [...]
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Korea’s Hynix to buy US chip-controller maker

Korea’s Hynix to buy US chip-controller maker

21-Jun-2012 Intellasia | Market Watch | 7:01 AM

SK Hynix Inc. said Wednesday that it plans to acquire a US-based chip-controller developer, Link_A_Media Devices Corp., for $248 million as the South Korean chipmaker aims to [...]
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Korean Air apologises to Kenya over ‘primitive energy’ ad

Korean Air apologises to Kenya over ‘primitive energy’ ad

21-Jun-2012 Intellasia | AFP | 7:01 AM

Korean Air on Monday apologised for having vaunted the “primitive energy” of the Kenyan people in an advert for the soon to be opened Seoul-Nairobi route and [...]
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Boeing, Lockheed, Eurofighter bid for Korean fighter deal

Boeing, Lockheed, Eurofighter bid for Korean fighter deal

20-Jun-2012 Intellasia | Bloomberg | 7:01 AM

Lockheed Martin Corp. (LMT), Boeing Co. (BA) and Eurofighter submitted bids in a $7 billion South Korean fighter contest as US and European defense contractors look to Asian [...]
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Korea warns of social unrest without job growth

Korea warns of social unrest without job growth

20-Jun-2012 Intellasia | AFP | 7:01 AM

South Korean President Lee Myung-Bak called Monday on world leaders to address the gap between rich and poor, warning that growing disparities could lead to social unrest. [...]
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Korea’s industrial electricity sales rise in May

20-Jun-2012 Intellasia | Yonhap News | 7:01 AM

The growth of electricity consumption by South Korea’s industrial sector rose 4.2 percent on-year in May due mainly to export gains in energy intensive industries, the [...]
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Korean consumers think FTA will improve economic health: poll

20-Jun-2012 Intellasia | Korea Herald | 7:01 AM

South Korean consumers think free trade pacts will help improve the country’s overall economic health and competitiveness, a poll showed Tuesday. The nationwide survey [...]
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