FeaturedInsuranceFive firms in the fray to acquire Prudential Life KoreaBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 Taiwan’s Fubon Financial Holdings is the sole foreign bidder while the remaining four are local financial firms... Read more
BankingCard payments in Vietnam to reach 522.5 mn by 2023Pritam BordoloiOctober 2, 2019 by Pritam BordoloiOctober 2, 2019 Card payments increase from 56 mn in 2015 to 271 mn in 2019... Read more
AviationNumber of flights on South Korea UAE sector not to be increasedInternational Finance DeskAugust 9, 2019March 18, 2020 by International Finance DeskAugust 9, 2019March 18, 2020 UAE had asked South Korea to double the number of flight services on the Incheon- UAE route... Read more
Oil & GasKuwait’s PIC, South Korean firm to set up $1.2 bn JVInternational Finance DeskAugust 8, 2019 by International Finance DeskAugust 8, 2019 PIC will hold a 49% stake worth $476.2 mn in the new company whereas South Korea’s SKC will hold 51%... Read more
TradingJapan’s new rules to regulate smartphone material exports to South KoreaInternational Finance DeskJuly 1, 2019 by International Finance DeskJuly 1, 2019 The move follows a growing dispute over South Koreans forced to work for Japanese firms during WW2... Read more
FintechNew South Korean digital banks: applications by two consortia rejectedInternational Finance DeskMay 27, 2019November 14, 2019 by International Finance DeskMay 27, 2019November 14, 2019 External evaluators found the applications led by fintech Viva Republica and brokerage Kiwoom inadequate... Read more
CompanyIn the NewsMarketsSaudi Aramco boosts presence in Asian refining with Hyundai Oilbank stakeInternational Finance DeskApril 16, 2019 by International Finance DeskApril 16, 2019 The Saudi oil giant will take a 17% stake for $1.25 billion in the South Korean refining company... Read more
Event NewsEntegris to present at investor conferences in September 2018International Finance DeskAugust 31, 2018 by International Finance DeskAugust 31, 2018 The company is ISO 9001 certified and has facilities in the United States, China, France, Germany, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan... Read more
EnergySouth Korea powers its gas and renewables with $9bn investmentInternational Finance DeskAugust 27, 2018 by International Finance DeskAugust 27, 2018 This investment should also create 90,000 new jobs, stated Korea Gas (KOGAS), the country’s dominant Liquefied Natural Gas (LNG) buyer... Read more
SMESouth Korea’s job creation in July marks low on the recordInternational Finance DeskAugust 20, 2018 by International Finance DeskAugust 20, 2018 In July, South Korea had created 5,000 new jobs, according to official data—which comes as a 'shock' to the finance minister... Read more