Seoul office vacancy rates
Scope
Date
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K-pop
BTS releases trailer video ahead of 10th anniversary event
BTS released a trailer video on Wednesday ahead of their 10th debut anniversary event "2023 BTS Festa".by Si-Ook Ahnsiook95@hankyung.com...
Jun 07, 2023 (Gmt+09:00)
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Retail
Breitling launches 2nd Korea limited edition watch in 2023
Breitling, a luxury Swiss watchmaker, has launched a limited edition of one of its flagship models, the Chronomat B01 24, in South Korea, marking th...
Jun 02, 2023 (Gmt+09:00)
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Economy
Korea inflation at 19-mth low; casts doubts over rate hike
South Korea’s headline inflation fell for a fourth straight month in May to a 19-month low amid continuous signs of a slowdown in Asia’s...
Jun 02, 2023 (Gmt+09:00)
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Real estate
Germany's real estate mezzanine market to shine in 2023: Lenwood Capital
The global real estate market is under significant pressure due to increased interest rates and banks' tighter loan standards in 2023. Commercial re...
Jun 01, 2023 (Gmt+09:00)
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Pension funds
Teachers' Pension to up global alternatives to 19% of AUM by 2027
Teachers’ Pension (TP), South Korea’s major pension fund for private school employees, will accelerate investment in domestic bonds whil...
Jun 01, 2023 (Gmt+09:00)
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Economy
S.Korea mulls adding national pension benefits to raise birth rate
South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ever-declining birth r...
May 31, 2023 (Gmt+09:00)
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Business & Politics
Seoul, Washington seek to release $7 bn Iranian funds frozen in S.Korea
South Korea and the US are discussing ways to release $7 billion worth of Iranian funds held in the Asian country as Seoul and Washington seek to im...
May 30, 2023 (Gmt+09:00)
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Markets
S.Korean treasury yields top base rate on hawkish BOK
South Korea’s three-year treasury bond yield topped the base rate for the first time in two months, after the Bank of Korea (BOK) warned again...
May 26, 2023 (Gmt+09:00)
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Energy
Moody’s cuts credit view on KEPCO to lowest investment grade
Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...
May 26, 2023 (Gmt+09:00)
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Economy
S.Korea’s heated debate on domestic helpers from Southeast Asia
South Korea is embroiled in a heated debate on a program to recruit domestic helpers from Southeast Asia at lower rates than those paid to their Kor...
May 26, 2023 (Gmt+09:00)
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Economy
S.Korea's total fertility rate hits 0.81 in Q1
South Korea in the first quarter posted a total fertility rate (TFR) of 0.81, the lowest in history for that quarter. Because the number of bir...
May 25, 2023 (Gmt+09:00)
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Central bank
BOK leaves door open for another quarter-point rate rise
The Bank of Korea’s (BOK) decision on Thursday to keep its base rate steady at 3.50% does not signal the end of its one-and-a-half-year tighte...
May 25, 2023 (Gmt+09:00)
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K-pop
Festival celebrating BTS’ 10th anniversary to be held in Seoul in June
BTS Festa 2023, a festival celebrating the 10th anniversary of BTS' debut, will take place June 12-25 across Seoul, their agency Big Hit Music annou...
May 25, 2023 (Gmt+09:00)
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Business & Politics
South Korea officially asks US to ease chip rules on China expansion
WASHINGTON, D.C. – South Korea has officially requested the US government to review details of the guardrail provisions in the CHIPS and Scien...
May 24, 2023 (Gmt+09:00)
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Electronics
ASM to invest $100 mn to expand R&D facilities in S.Korea
The Netherlands-based semiconductor equipment maker ASM will invest $100 million (132 billion won) to boost its R&D and production capacities in...
May 24, 2023 (Gmt+09:00)
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Banking & Finance
Korea's loan delinquency rates soar; outlook to worsen in H2
South Korean banks are seeing loan delinquency rates surge due to the increase in lending during the pandemic and a series of rate hikes. The rates ...
May 22, 2023 (Gmt+09:00)
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ASK 2023
US office recovery will be slow in volatile market: Korean investors
Increased rates will impact global real estate deals and slash property values, according to major institutional investors in South Korea. The US of...
May 19, 2023 (Gmt+09:00)
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ASK 2023
Multifamily, digital infrastructure have upside potential: ASK 2023
Investors will spur capital injection in global residential real estate and emerging infrastructure segments such as data centers and energy transit...
May 18, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to send $130 mn in aid for Ukraine’s reconstruction
South Korea will aid the reconstruction of Ukraine, which is at war with Russia, through loans worth $130 million from the Economic Development Coop...
May 18, 2023 (Gmt+09:00)
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Travel & Leisure
Get away from it all? Korea is a must-visit, says Airbnb's strategy officer
This summer is expected to be one of the busiest travel seasons seen in a while.Trapped in the COVID-19 pandemic lockdown over the past couple of ye...
May 17, 2023 (Gmt+09:00)
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Culture & Trends
Night at Korean royal palace brims with stars and Gucci fashion
Seoul has again grabbed the attention of global fashionistas as Italian fashion house Gucci on Tuesday night finally staged its belated Korean fashi...
May 17, 2023 (Gmt+09:00)
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Corporate strategy
SK, Hana Financial groups to jointly develop credit rating model
South Korea’s SK Group and Hana Financial Group are jointly developing a next-generation credit rating model for the financially disadvantaged...
May 17, 2023 (Gmt+09:00)
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Economy
Seoul to lower bar for multi-child family subsidies to raise birth rate
The Seoul Metropolitan Government will change the definition of multi-child families from those with three or more kids younger than 13 to household...
May 16, 2023 (Gmt+09:00)
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Batteries
Canada’s Trudeau to visit Seoul as LG-Stellantis battery JV suspended
South Korea’s LG Energy Solution Ltd. and multinational automaker Stellantis N.V. have stopped construction at a $ 4 billion electric vehicle ...
May 16, 2023 (Gmt+09:00)
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The KED View
Korean won needs economic fundamentals recovery for rebound
The South Korean won is underperforming most other currencies as Asia’s fourth-largest economy is gradually losing steam for long-term growth....
May 16, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea to launch first cyber office for small, medium businesses
South Korea's Minister of SMEs and Startups Lee Young on Monday said the country will launch its 18th office for small and medium enterprises (SME) ...
May 16, 2023 (Gmt+09:00)
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Retail
SE Asian visitors revive Seoul’s tourism industry
In Myeongdong, Seoul’s shopping mecca, on May 14, street vendors were busy soliciting foreign tourists, greeting them in their mother tongues ...
May 15, 2023 (Gmt+09:00)
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Companies
S.Korea advised to slash corporate inheritance tax to 30%
South Korean entrepreneurs are imposed heavy inheritance taxes of up to 60% to hand down wealth to their children, the highest level among Organizat...
May 11, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics to open flagship store in Seoul's Gangnam district
Samsung Electronics Co. in late June will open its new flagship store Samsung Gangnam near Gangnam Station, a posh area of Seoul.Sources from the in...
May 11, 2023 (Gmt+09:00)
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Metaverse
SK Telecom launches Seoul, LA tours in metaverse
SK Telecom Co., South Korea's top mobile carrier, said Monday it has created a virtual space of tourist attractions on its metaverse platform Ifland...
May 09, 2023 (Gmt+09:00)