Tag : korea

Business

South Korea retail sales climb 5.6% in March

manamalive.com
SEOUL: Sales at South Korea’s major retailers rose 5.6% from a year earlier in March, extending gains in consumer spending as online platforms outpaced store-based outlets and department stores benefited from seasonal demand. The Ministry...
Business

RideFlux wins South Korea’s first paid freight permit

manamalive.com
SEOUL: South Korea has approved its first paid self-driving freight transport service, authorizing autonomous driving startup RideFlux to begin commercial cargo operations on a long-distance route linking Seoul and Jincheon. The Ministry of Land, Infrastructure and Transport said...
Business

UAE and Korea strengthen cooperation in energy and advanced industry

manamalive.com
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber,...
Korea to invest $285M in advanced industrial technologies
Business

Korea to invest $285M in advanced industrial technologies

manamalive.com
The Republic of Korea has announced plans to invest 414.2 billion won (approximately $285 million) in the development of advanced industrial technologies by 2031, aiming to drive innovation across multiple sectors. The Ministry of Trade,...
Korea’s foreign reserves hit five-year low despite monthly increase
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Korea’s foreign reserves hit five-year low despite monthly increase

manamalive.com
The Republic of Korea’s foreign reserves saw a slight increase in December compared to the previous month but recorded their lowest year-end level in five years, according to data released by the Bank of Korea...
Korea’s economy strengthens on robust exports and stable inflation
Business

Korea’s economy strengthens on robust exports and stable inflation

manamalive.com
MENA Newswire News Desk: The Korean economy is showing solid signs of recovery, bolstered by strong exports and moderating inflation, according to the Ministry of Economy and Finance’s latest monthly report, The Green Book. The...