Industry Ministry denies report of Lutnick's dissatisfaction with NIS The remarks came after a local newspaper article claimed that U.S. Secretary of Commerce Howard Lutnick had conveyed Washington's discontent with Seoul's National Intelligence Service (NIS). 2026.10.9
Korea FDI notifications rise 10.8% in Q3 on chip, AI demand Foreign direct investment notifications rose 10.8% to $22.9 billion in the third quarter, fueled by demand for semiconductors and AI infrastructure equipment. 2026.10.7
Alaska LNG dispute threatens to stall Korea-U.S. security talks U.S. President Donald Trump stated that Korea will invest $54 billion in the Alaska liquefied natural gas (LNG) project, but the Asian country has denied the claim. 2026.10.4
Naphtha export restrictions to remain in place through January of next year The decision on the key feedstock widely used in the petrochemical industry comes as prolonged geopolitical uncertainties persist. 2026.8.27
Korea scrambles to assess fallout from new U.S. polysilicon tariffs Government officials and major companies met to gauge the impact of Washington’s 15 percent polysilicon tariffs and prepare support measures for exporters and U.S.-based supply chains. 2026.8.11
Industry, labor ministers clash over 52-hour workweek exemption in 'special' zones The industry chief said the cap stands in the way of growth, citing an experience in China, but his labor counterpart said Korean firms are doing fine as is. 2026.8.6
Industry Ministry denies rumors over new government-led think tank on utilizing chipmakers' profits The rumor came after growing discussions in Korea over how to use additional tax revenue generated by chipmakers' record profits to support long-term growth. 2026.7.1
Korea cuts fuel price ceilings as Middle East tensions ease, crude prices retreat The government lowered caps on gasoline, diesel and kerosene for four weeks starting Saturday while keeping the emergency pricing system in place to help contain inflation. 2026.6.26
S. Korea, Cambodia vow to expand economic ties building on FTA Seoul and Phnom Penh discussed expanding economic cooperation through their free trade pact and development projects as bilateral trade continues to grow. 2026.6.15
Gov't to provide $13.4B to support auto parts makers' R&D, future mobility The Ministry of Trade, Industry and Resources said that nearly 20 trillion won ($13.4 billion) in financial support will be provided to auto parts makers to help finance their research and development, or R&D, and business shifts for future mobility. 2026.5.14
![A car carrier transporting vehicles made by Kia Motors, part of Hyundai Motor, Korea's largest automaker, arrives at a port in Pyeongtaek on April 15, 2025. [REUTERS/YONHAP]](https://image.koreajoongangdaily.com/12606686.jpg?imageId=12606686&width=240&height=184&format=webp&format=jpg)