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American Airlines goes after Korean passengers
American Airlines, one of the three major U.S. carriers, is set to steal Korean Air customers heading to the United States as it launches non-stop d..

Chaebol forced to reduce cross-affiliate deals
President Park Geun-hye's pledge to penalize inter-subsidiary dealings has been troubling Korea's family-controlled conglomerates. She has vowed to ..

Will Korea's battery business take off again?
Korean firms are the worlds leading suppliers of rechargeable batteries, the costliest parts of electric vehicles.

Female bankers get serious about leadership
Maybe its President Park Geun-hyes impact on the financial industry. Suhyup Bank also known as National Federation of the Fisheries Cooperatives..

Economics of eco-friendly vehicles
Last years surge in demand for hybrid electric vehicles (EVs) suggests that consumers care more about value than the environment.

No winners, only losers
It has been a year since regulations were put in place forcing discount chains and their affiliated supermarket chains to close twice a month. The i..

Magnet for foreign shoppers
Premium outlet malls on the outskirts of Seoul have emerged as must-visit-places for Chinese and other foreign tourists looking to purchase high-qua..

Economics of guesthouses
Last December, Ko Hyun-ju quit her job at a travel agency in pursuit of a new job. Born and raised on Jeju Island, she had always been interested in..

Retailers, automakers rush to capitalize on booming leisure activity
Camping has traditionally been viewed as an activity enjoyed by a small number of adventurous nature-lovers. This was probably due to the lack of ad..

Companies reach out to struggling jobseekers
Landing a decent job has become increasingly tough for university graduates amid the prolonged economic slump and heightened competition. Consequent..

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