MOTHERS IN SOUTH KOREAN ARE ACTIVELY INVESTING IN BTC

Highlights:

•             The investor demographics have changed drastically since 2017

•             Women investing in BTC now are between the ag...

BTS ACHIEVES ANOTHER MILESTONE; GLOBAL RECORDING ARTIST OF 2020

Highlights –

• BTS achieves another milestone; Global Recording Artists of 2020.
• The group becomes the first act performing in a non-English language to achieve the award.
• This award is being given to the best-selling artist of the year...

S. KOREAN PM URGES NATIONAL ASSEMBLY TO PASS THE LATEST EXTRA BUDGET PROPOSAL

Highlights –

• S. Korean PM urges National Assembly to pass the latest extra budget proposal.
• The government has submitted a 15 trillion won (US$13.2 billion) supplementary budget plan.
• The latest round of budget plan is to provide reli...

S. KOREA’S CPI ROSE AT A FASTER PACE IN FEBRUARY BY 1.1 PERCENT

Highlights –

• S. Korea’s CPI rose at a faster pace in February by 1.1 percent.
• The CPI in comparison with a month earlier grew 0.5 percent in February.
• The country’s core inflation rose 0.3 percent in February.
• B...

WINE IMPORTS IN S. KOREA RISE IN 2020 AMID PANDEMIC

Highlights –

• Wine imports in S. Korea rise in 2020 amid pandemic.
• The country imported 54,127 tons of wines last year, an up 24.4 percent from a year earlier.
• Chile was the top exporter of wines to South Korea in 2020, with 14,70...

SAMSUNG ACHIEVES FASTEST DOWNLOAD SPEED USING 5G AND 4G LTE CONNECTIVITY

Highlights –

• Samsung achieves fastest download speed using 5G and 4G LTE connectivity.
• The company achieved 5.23 gigabits per second (Gbps) in data speeds.
• Its EN-DC technology enables mobile operators to power up the speeds.
<...

S. KOREA E-COMMERCE COMPANY COUPANG INC. TO DEBUT IN NYSE

Highlights –

• S. Korea e-commerce company Coupang Inc. to debut in NYSE.
• The e-commerce company is set to fix its IPO within next week.
• Coupang is hoping to price its offering at between US$27 and $30 per share to raise up to $3.6 bill...

NEW COVID-19 CASES NUMBER RISE GLOBALLY

Across the region, many countries and cities th...

S. KOREAN PM ASKS OFFICIALS TO REVIEW AUTHORIZATION OF ASTRAZENECA’S VACCINE

Highlights –

• S. Korean PM asks officials to review authorization of Astrazeneca’s vaccine.
• The authorization has been asked specifically for people aged 65 and over.
• The country is currently withholding the company’s vacci...

S. KOREAN GOVT. ANNOUNCES TO MAKE EFFORTS TO CREATE MORE JOBS BY 2025

Highlights –

• S. Korean govt. announces to make efforts to create more jobs by 2025.
• The country’s finance minister Hong Nam Ki revealed a road map on developing the service industry.
• The ministry plans to resume the distribution...

COVID-19: CORONAVIRUS CASES CONTINUE TO RISE IN ASIA PACIFIC COUNTIES

South Korea has recorded its largest daily incr...

S. KOREANS SPENT AROUND 20 HOURS PER WEEK USING THE INTERNET IN 2020

Highlights –

• S. Koreans spent around 20 hours per week using the internet in 2020.
• The amount is said to be more than the time spent the previous year.
• In 2020, the average time internet users spent on social media stood at 65.8 minut...

HHIH SIGNS HYDROGEN PROJECT DEAL WITH SAUDI ARAMCO

Highlights –

• HHIH sings hydrogen project deal with Saudi Aramco.
• Hyundai Oilbank Co. will import liquefied petroleum gas (LPG) from Saudi Aramco to produce blue hydrogen.
• Hyundai Oilbank will be provided with blue ammonia.
• ...

S. KOREA CONGLOMERATES TO INVEST $38.2 BILLION IN THE HYDROGEN INDUSTRY

Highlights –

• S. Korean conglomerates to invest $38.2 billion in the hydrogen industry.
• SK, Hyundai Motor, POSCO, Hanwha, and Hyosung are ready to invest in a wide range of hydrogen infrastructure.
• SK Group plans to invest 18.5 trillio...

SEOUL GOVT. REPORTS AROUND 80 NEW FOREIGNERS’ TESTS POSITIVE FOR COVID-19

Highlights –

• Seoul govt. reports around 80 new foreigners’ tests positive for COVID-19.
• The local government has been testing all foreign nationals living in the city 40 kilometers.
• Around 509 people got tested on Sunday, among ...

S. KOREA TO PROPOSE EXTRA BUDGET OF $13.3 BILLION AS RELIEF FUND

Highlights –

• S. Korea to propose extra budget of $13.3 billion as relief fund.
• The latest budget is said to be the 3rd largest ever to help ease the economy hurt by the pandemic.
• The government plans to sell 9.9 trillion won in state ...

S. KOREAN TELECOM COMPANIES TO PUSH SUSTAINABLE ENERGY PROJECTS

Highlights –

• S. Korean telecom companies to push sustainable energy projects.
• SK Telecom Co. signed a deal with KEPCO to be supplied with 44.6-gigawatt hours of renewable energy.
• LG Uplus Corp. is also planning to double its efforts i...

SPOTIFY - KAKAO M’S LICENSE DEAL EXPIRES; MAJOR K-POP ARTISTS’ SONGS REMOVED

Highlights –

• Spotify – Kakao M’s license deal expires; major k-pop artists’ songs removed.
• Major South Korean artists’ including IU and Apink songs removed.
• Spotify is said to have faced heated competition agai...

S. KOREA TO SHOWCASE ITS FIRST INDIGENOUS FIGHTER JET IN APRIL

Highlights –

• S. Korea to showcase its first indigenous fighter jet in April.
• The country has been working on the next-generation fighter development project since late 2015.
• KAI is leading the $7.9 billion project.
• The comp...

S. KOREA’S EXPORTS RISE IN FEBRUARY BY 9.5 PERCENT

Highlights –

• S. Korea’s exports rise in February by 9.5 percent.
• The country’s exports came to $44.8 billion last month.
• The imports rose by 13.9 percent to $42.1 billion.
• Outbound shipments of chips expanded 13...