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June 9, 2023
North Korea has tolerated the widespread use of more stable foreign currencies like U.S. dollars and Chinese yuan since a bungled revaluation of the won in 2009...
June 9, 2023
North Korea has tolerated the widespread use of more stable foreign currencies like U.S. dollars and the Chinese yuan since a bungled revaluation of the won in 2009 triggered runway
January 7, 2022
Restaurants, cafes, bars and gyms must close by 9pm until at least January 16 under latest pandemic restrictions.
March 1, 2021
McKinsey set to entice Oliver Wyman Koreas clients Posted : 2021-03-01ย 15:05 Top-tier consultancy hires mid-tier ones former country manager By Park Jae-hyuk McKinsey & Company has hired the former country manager of Oliver Wyman in an apparent effort to entice the customers of the mid-tier consultancy, which decided late last year to cease operations here due to deteriorating revenue. According to industry sources, Monday, former Oliver Wyman Korea head Park Joong-ho joined McKinseys Seoul o...
January 11, 2021
Posted : 2021-01-11ย 14:58 Updated : 2021-01-12ย 08:52 An attendee passes by the stage during the Consumer Electronics Show (CES) 2020 at the Mandalay Bay Convention Center in Las Vegas in this January 2020 file photo. / AP-Yonhap By Park Jae-hyuk Local banking groups are paying less attention to this years Consumer Electronics Show (CES), which kicked off Monday as an online event, for the first time in its 55-year history, due to the COVID-19 pandemic. Their lukewarm attitude is in stark con...
January 7, 2021
Former Shinhan exec to direct KBs digitization
December 29, 2020
[Market Close-up] Housing price rally likely to continue next year over supply shortage | The photo shows apartment complexes in Seoul on July 28. (Yonhap) South Koreaโs housing price rally, sparked by a supply shortage and tightened regulations throughout the year, is likely to continue next year, stoking concerns about housing market instability. According to KB Financial Group in a report, housing prices across the country will see an upward march overall next year while two-year rentals...
December 23, 2020
Changes in spending trend to affect commercial property market next year report | Skyscrappers in Yeouido, a financial district in Seoul. (Yonhap) The growing number of small businesses, including restaurants and mom-and-pop stores closing down their operations amid the lingering coronavirus crisis, has seriously affected commercial real estate markets as well, a report said Wednesday. The report published by KB Financial Group suggested that commercial property markets will continue to suff...