Saturday 13 February 2016
 
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South Korea

Move to increase S Korea-UAE trade

A senior official from South Korea recently visited the UAE’s Jebel Ali Free Zone (Jafza), the flagship free zone of Dubai, to develop bilateral relations and contribute towards increasing the volume of trade between the two countries.

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Iran in talks with S Korea firm to develop refinery

Iran is in talks with a South Korean company for the development of Isfahan Refinery, a top official said. "We are in negotiations with the refinery's managers and the project will be undertaken once it is approved,"

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Iran, South Korea in shipbuilding JV

Iran has finalised a deal with South Korea to launch a joint shipbuilding venture between the two countries, a report said. Iran has a sprawling shipbuilding industry, chiefly devoted to constructing oil tankers and container ship

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S Korea November exports fall less than expected

South Korean exports fell for an 11th straight month in November, while foreign orders shrank at a sharper pace, pointing to a further deterioration in global demand and prompting some analysts to call for more interest rate cuts.

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S Korea fines Volkswagen, orders recall over emissions cheating

South Korea on Thursday became the first country outside the United States to punish Volkswagen AG on the basis of its own emissions tests, slapping the German automaker with a record fine and ordering a recall of 125,522 vehicles.

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S Korea fines Volkswagen, orders recall over emissions cheating

South Korea on Thursday became the first country outside the United States to punish Volkswagen AG on the basis of its own emissions tests, slapping the German automaker with a record fine and ordering a recall of 125,522 vehicles.

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Dubai Tourism opens first office in South Korea

Dubai Tourism marked the opening of its first office in South Korea last week with an Emirati-style ceremony, hosting major partners from the travel industry and media in the country. Speaking at the opening ceremony of the office

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S Korea's October Iran crude oil imports up 83.4pc

South Korea's crude oil shipments from Iran rose 83.4 percent in October from a year ago, helping the imports in the first ten months of 2015 up 0.4 percent, although the 10-month purchase still met sanction requirements over Tehran's

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S Korea may hike Iran oil imports once sanctions lifted

South Korea will consider increasing its imports of Iranian crude oil and condensate when sanctions on Tehran are lifted, a senior government official said.   Woo Tae-hee, deputy minister for trade, who was part

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S Korea eyes deals in Iran’s energy, construction market

South Korean government and corporate officials are visiting Iran this week to hunt out possible deals in the oil, gas and construction industries since an agreement was reached to lift sanctions on Tehran. Iran is targeting oil a

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