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SEOUL: South Korea warned its fragile economic recovery is under threat from the coronavirus that has spread dramatically across the country over the past week, and pledged action to minimise the fallout. The country’s currency and the main stock index plunged.
SEOUL: South Korea warned its fragile economic recovery is under threat from the coronavirus that has spread dramatically across the country over the past week, and pledged action to minimise the fallout.
SEOUL/SAN FRANCISCO: Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact, its second try at a novel technology that the South Korean cell phone maker hopes will set it apart from rivals Apple Inc and Huawei.
THE Finance Ministry announced last Wednesday plans to establish a 12 trillion won (RM42bil) fund to help support competent startups scale up as unicorns, allocating 300 billion won exclusively for fintech firms.
SEOUL: South Korea's Hyundai Motor said on Tuesday it has signed a preliminary deal to build a new factory in Indonesia, which would be its first car plant in Southeast Asia and a crack at Japanese rivals that dominate the market.
SEOUL: Samsung's plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it's a strategy fraught with risks, people with familiar with the move said.
KUALA LUMPUR: NagaDDB Tribal was declared agency of the year at the recent Kancil Awards 2019, Malaysia’s premier creative awards competition. Leo Burnett emerged as the runner up, while Fishermen Integrated placed third overall.
SEOUL: South Korea's economic growth slowed more than expected in the third quarter, and though exports showed some signs of recovery the overall outlook was clouded by a domestic spending slump and intensifying global trade frictions.
EQUITY crowdfunding (ECF) investors are starting to see early returns as liquidity continues to flow into tech-based startups.
SEOUL: To grapple with a rapidly aging population and the developed world’s highest rate of elderly poverty, South Korea’s officials are talking about raising the retirement age. But a wave of backlash against the idea shows there’s no easy solution to the demographic gloom facing the economy.