Tags Posts tagged with "South Korea"

South Korea

Philippines halts war on drugs to “clean up” corrupt police

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Philippine President Rodrigo Duterte ordered a suspension of his controversial anti-drugs campaign and promised to clean up the police force in the wake of...
Demise of Samsung’s Note 7 phone to significantly hurt Vietnam’s exports

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The decision of South Korean electronics giant Samsung to stop producing its flagship Galaxy Note 7 worldwide may adversely affect the export revenue of...
One third of tourists to Thailand are Chinese

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Thailand is being run over by Chinese tourists as it is expected that no fewer than 10 million visitors from China will come to...
Eight Asia-Pacific budget carriers enter landmark alliance

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Budget airlines in Asia-Pacific formed the region’s first alliance of its kind, opening their network and their respective passengers to each other and using...
South Korea next to issue travel warning for parts of Laos

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South Korea followed the US and Australia in issuing a travel warning against trips to Laos' central province of Xaisomboun, as well as traveling...
Samsung to invest $300 million in new R&D center in Vietnam

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South Korea's electronics giant Samsung received approval from the Vietnam government to build a $300 million research and development center in the capital Hanoi....
North Korea’s reach into Southeast Asia

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North Korea has a greater presence in Southeast Asia that many may think. A new museum largely funded by Pyongyang that opened last December...
South Korea cuts last ties to the North: Kaesong shuts down

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South Korean companies on February 11 started leaving the Kaesong Industrial Complex, a special administrative zone on North Korean soil near the country's southern...
Phuket to become Thailand’s first smart city, Chiang Mai to follow

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Phuket City, the capital of Phuket province and of the island of the same name, will be turned into an innovation-driven “smart city” this...
Barclays cuts hundreds of jobs in Asia, exits South Korea, Taiwan

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British bank Barclays is closing its investment banking units in Asian countries, namely Indonesia, Malaysia and Thailand, as well as in Australia and Russia,...
Indonesia to co-develop $8-billion South Korea fighter jet project

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South Korea’s arms procurement agency said on October 6 that Indonesia had agreed to pay 20 per cent of the development costs of a...
Samsung to invest $560 million in Vietnam TV production plant

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South Korean tech giant Samsung Electronics Co. will build a $560 million industrial complex in Vietnam to produce consumer electronics (CE) to meet growing...
Lotte seeks to raise $1b in Singapore IPO

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South Korea's shopping mall operator Lotte Shopping Co. has sought listing approval from Singapore's securities regulator to list on the city-state's stock exchange in...
Household debt at 80% of Thailand’s GDP

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Household debt in Thailand rose to 80.1 per cent of the country's GDP in the third quarter of 2013, boosted mainly by the government's...
South Korea’s Exim Bank to enter Myanmar

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Myanmar has allowed the Export-Import Bank of Korea (Exim Bank) to open a representative office in Yangon, according to the Directorate of Investment and...
Korea, Japan to build $1.5b power plant in Vietnam

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State-owned Electricity of Vietnam, or EVN, has awarded a $1.5 billion contract to a consortium of South Korea's Doosan Corp. and Japan's Mitsubishi Corp.,...
Japan aims to lure more ASEAN tourists

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In an effort to compete with South Korea in drawing tourists from the Philippines and other Southeast Asian nations, Japan has been stepping up...
Samsung moves factories from China to Vietnam

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Samsung Electronics, the world's largest smartphone manufacturer, is shifting factories from China to Vietnam to secure lower wages and defend profit margins as growth...