Korea

2022 - 12 - 7

Post cover — Image courtesy of "Korea JoongAng Daily"

Korea, Singapore to develop renewable energy-powered building ... (Korea JoongAng Daily)

On Tuesday, the ICT ministries of Korea and Singapore signed a memorandum of understanding (MOU) for joint digital projects at COEX in Gangnam District, ...

Korea and Singapore signed a digital partnership agreement on Nov. “The AI collaboration between Korea and Singapore focuses on AI’s role in solving the problems that humanity is currently facing, and reflects our will to overcome them together with the international community,” said Lee, adding that “the AI collaboration is in line with the Yoon Suk-yeol government’s digital vision and Singapore’s vision to become a ‘Smart Nation.’” Korea and Singapore will jointly develop a renewable energy-powered building system technology, and collaborate on setting a regulatory framework for digital healthcare services.

Philippines, South Korea among most expensive countries for ... (The Straits Times)

SINGAPORE – The Philippines, South Korea and Thailand are the most expensive countries for travellers to withdraw cash at ATMs, according to fresh data from ...

Multi-currency accounts – offered by players such as Wise, Revolut and YouTrip – let customers change Singdollars into foreign currencies while being able to view the exchange rate. They can also use a multi-currency account linked to a card to avoid fees while enjoying the convenience of paying with plastic. If there are several ATMs (overseas) within a short distance of each other, it may be worth comparing their rates, as fees will vary from bank to bank,” said Wise. There is also a foreign exchange mark-up of 3 per cent to 5 per cent, depending on the foreign currency. Various payment modes such as multi-currency e-wallets and cards have sprung up in recent years, offering greater flexibility to holiday-goers. But travellers should be mindful of the foreign transaction fee – usually over 3 per cent of the converted Singdollar amount – when they pay in other currencies.

U.S. Fed Reserve Board ends enforcement action against Industrial ... (Reuters)

The Federal Reserve Board on Tuesday said it is terminating an enforcement action against Industrial Bank of Korea (IBK) over previous deficiencies in the ...

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Korea Debt Crisis Is a Cautionary Tale as Era of Easy Money Ends (Bloomberg Law)

Sitting in a lake teeming with wildlife, several hours by train from Seoul, Korea's Legoland is an unlikely poster child for the global struggle to fight ...

And as interest-rate hikes batter real estate markets around the world, it’s a reminder that even relatively safer financial systems like Korea’s — labeled “ [resilient](https://www.imf.org/en/News/Articles/2022/03/28/pr2293-republic-of-korea-imf-executive-board-concludes-2022-article-iv-consultation)” earlier this year by the International Monetary Fund ... Sitting in a lake teeming with wildlife, several hours by train from Seoul, Korea’s Legoland is an unlikely poster child for the global struggle to fight inflation while maintaining financial stability.

Here's How Korea Responded to Worst Credit Crisis in Over Decade (Bloomberg)

The selloff in Korea's 1,690 trillion won ($1.3 trillion) credit market was triggered by a debt default by the developer of the Legoland Korea theme park, and ...

South Korea Debt Crisis Is a Cautionary Tale as Era of Easy Money ... (Yahoo Finance)

(Bloomberg) -- Sitting in a lake teeming with wildlife, several hours by train from Seoul, Korea's Legoland is an unlikely poster child for the global ...

Daily Brief South Korea: LG CNS, Yuhan Corp and more | Smartkarma (Smartkarma)

2023 Major IPOs Pipeline in Korea · Yuhan Corp (000100 KS): Progress of Anti-Cancer Drug Leclaza Is the Main Growth Engine ...

- Going forward, Yuhan aims to place Leclaza as the first-line treatment for NSCLC patients. This acquisition will enable Yuhan to strengthen its probiotics business and development of microbiome treatments. - ✓ Personalised Alerts

President to hold banquet for Team Korea after return from Qatar (Korea JoongAng Daily)

President Yoon Suk Yeol will have dinner with the Korean national football team to mark their achievements in the 2022 World Cup Thursday evening, ...

Son received the Cheongnyong Medal in person from the president before a friendly match against Brazil. "While the national team's World Cup journey ends for now, hope continues." "Now, there is no barrier that Korean football won't be able to overcome." The banquet will be an opportunity for the president to convey to the national team and coaches "gratitude on behalf of the Korean people for fighting without giving up against the world's top team and remember the fervor that brought the people together," said Lee Jae-myoung, deputy presidential spokesman, in a press briefing Wednesday. The office said that Yoon invited the football team for the banquet to offer "words of encouragement." President Yoon Suk-yeol will have dinner with the Korean national football team to mark their achievements in the 2022 World Cup Thursday evening, the presidential office announced Wednesday.

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