Archive for January, 2021

S. Korea to extend R&D support for bio convergence tech, medical devices

30-Jan-2021 Intellasia | Koreaherald | 6:48 AM

South Korea’s science ministry said Friday it will extend research and development (R&D) support for the bio-health sector, bolstering efforts to develop [...] » More

S. Korea launches task force to strengthen policy communication with Biden govt.

30-Jan-2021 Intellasia | Koreaherald | 6:48 AM

South Korea’s foreign ministry on Thursday launched a task force aimed at strengthening policy-related communication with the new administration of US President Joe [...] » More

S. Korea voices ‘deep concerns’ over air attack on Saudi capital

30-Jan-2021 Intellasia | Koreaherald | 6:48 AM

South Korea voiced “deep concerns” Thursday over a recent aerial attack on Saudi Arabia, renewing its opposition to any destabilising activity in the Middle East. [...] » More

Korea’s industrial output falls 0.8 pct in 2020 over COVID-19

30-Jan-2021 Intellasia | Xinhua | 6:48 AM

South Korea’s industrial output recorded the first fall in 20 years last year as the COVID-19 pandemic roiled the economy, statistical office data showed Friday. [...] » More

Industrial output, consumption grow in December amid pandemic

30-Jan-2021 Intellasia | Koreaherald | 6:48 AM

South Korea’s industrial output, consumption and investment increased on-month in December, data showed Friday, in the latest sign that the country’s economy is [...] » More

Korea’s 5G users near 12 million in 2020: data

30-Jan-2021 Intellasia | KoreaTimes | 6:48 AM

The number of 5G subscribers in South Korea approached nearly 12 million last year since the launch of the latest mobile network in April 2019, data showed Friday. South [...] » More

Banks’ lending rates inch up in December

30-Jan-2021 Intellasia | Koreaherald | 6:48 AM

South Korean banks’ lending rates edged up in December last year amid rising market rates, central bank data showed Friday. The average interest rate charged on new [...] » More

Korea’s passenger vehicle export falls 12.1 pct in 2020

30-Jan-2021 Intellasia | Xinhua | 6:48 AM

South Korea’s passenger vehicle export posted a double-digit fall last year due to weak global demand, caused by the COVID-19 pandemic, customs office data showed [...] » More

N. Korea may resort to unofficial markets amid virus-hit economy: expert

30-Jan-2021 Intellasia | Koreaherald | 6:48 AM

North Korea’s fiscal status has rapidly worsened due to the shutdown of borders over coronavirus concerns, leaving the communist country with no choice but to consider [...] » More

LG International’s operating profit jumps 18.5pct on-year in 2020

30-Jan-2021 Intellasia | Koreaherald | 6:48 AM

LG International, the trading arm of LG Group, saw its operating profit climb 18.5 percent on-year in 2020, on the back of the improved profitability in logistics, the [...] » More

MSD-Korea signs 1st collective agreement 3 years after union launch

30-Jan-2021 Intellasia | KoreaBiomed | 6:48 AM

MSD-Korea’s management and labour have signed their first collective agreement since the launch of its trade union in 2018. The agreement is significant because [...] » More

Top Chinese diplomat calls Trump’s China policy ‘utter failure’, says US must repair relations with Beijing

Top Chinese diplomat calls Trump’s China policy ‘utter failure’, says US must repair relations with Beijing

30-Jan-2021 Intellasia | South China Morning Post | 6:48 AM

China’s vice-minister of foreign affairs, Le Yucheng, called Thursday for Washington to take immediate action to repair its relations with Beijing, while assailing the [...] » More

Four of China’s costliest cities scramble to knock a real estate bull run off its pace amid fear of risk and bubbling debt

30-Jan-2021 Intellasia | South China Morning Post | 6:48 AM

Local authorities of four major Chinese cities have erected barriers over the past week to prevent an unprecedented flood of cheap money unleashed by the central bank from [...] » More

Activist detained at airport barred from leaving China to care for ill wife, contact cut off

30-Jan-2021 Intellasia | South China Morning Post | 6:48 AM

Veteran activist Guo Feixiong has been barred from leaving China to reunite with his wife who is ill with cancer in the United States. The 54-year-old former human rights [...] » More

China paper urges tougher curbs on algorithms used by online platforms

30-Jan-2021 Intellasia | Reuters | 6:48 AM

China should boost efforts to protect online users against breaches of privacy and bids to steer web traffic by tightening regulations on the use of algorithms by internet [...] » More