Sales of diesel vehicles on downward slope for last three years

Sales of diesel vehicles on downward slope for last three years

Hyundai Motor and Kia Motors have seen diesel car sales decrease to just 33 point 8 percent of the total cars two firms sold and 2018 according to Korea Automobile Manufacturers Association the number kept falling since 2015 when diesel… Continue Reading

Korea to regulate diesel run railway vehicles to tackle fine dust

Korea to regulate diesel run railway vehicles to tackle fine dust

The Korean government is taking another big step toward cleaning up the nation’s skies. Under a revision approved on Tuesday,… from 2019,… newly-built or imported diesel trains will be subject to much stricter emission standards. It’s hoped the move will… Continue Reading

S. Korea tops list of foreign investment in Vietnam for 2019

S. Korea tops list of foreign investment in Vietnam for 2019

South Korea was number one this year when it comes to foreign capital poured into Vietnam according to Vietnam’s Ministry of Planning and Investment portal on Wednesday total foreign investment in Vietnam came to thirty eight point two billion US… Continue Reading

S. Korea’s auto insurance rates to rise 3.8 pct. in 2020

S. Korea’s auto insurance rates to rise 3.8 pct. in 2020

drivers here in Korea can expect their auto insurance rates to rise by about 3.8 percent next year due to global insurance losses according to the local insurance industry today financial authorities have asked each insurance company to reflect the… Continue Reading

S. Korea to post 2% growth in 2019 on sluggish exports, investment

South Korea’s look to post around 2% expansion this year it’s lower than previously expected mainly due to slower trade investment and consumption Kim Azam provides an overview of the local economy in 2019 South Korea is expected to post… Continue Reading

Major insurance companies raise car insurance premiums by up to 4% from this week

Major insurance companies raise car insurance premiums by up to 4% from this week

Starting today, local and foreign insurance companies in South Korea are raising car insurance premiums by three to four percent. Meritz Fire & Marine Insurance hike theirs by 4-point-4 percent, while Hyundai Marine & Fire Insurance increased premiums by 3-point-9… Continue Reading

Global investment banks optimistic about S. Korean equities in 2020

Global investment banks optimistic about S. Korean equities in 2020

big name international investment banks are bullish on the South Korean stock market heading into 2020 their positive outlook is fueled by an expected turn around the global cycle and a recovery in the tech sector MgO explains further major… Continue Reading

Age eligible to apply for South Korea’s reverse mortgage program is lowered from 60 to 55

Age eligible to apply for South Korea’s reverse mortgage program is lowered from 60 to 55

the South Korean government has made it’s guaranteed reverse mortgage program available for more people now through this program seniors can get regular monthly payments throughout the rest of their lives our own Jiyeon tells us more South Korea will… Continue Reading

RCEP deal to help boost S. Korea’s exports and investment

RCEP deal to help boost S. Korea’s exports and investment

after about seven years of negotiations 15 countries including South Korea China and Japan have agreed on the terms of the regional comprehensive economic partnership or our SEP which the countries have committed to signing next year or kim hye-sung… Continue Reading