BusinessKorea

BusinessKorea holds the distinction of being the oldest and most renowned monthly publication focused on business in Korea, having first hit the stands in June 1983. Last year, it proudly marked its 30th anniversary. For anyone looking to stay updated on Korea's major conglomerates, BusinessKorea is an essential resource. Its readers include thousands of executives and managers from both large and small enterprises, as well as high-ranking officials from various ministries. The publication also caters to the expatriate business and diplomatic communities residing in Korea. On an international scale, BusinessKorea is the most widely read business and financial magazine from Korea, boasting a rapidly expanding audience across over one hundred countries. A readership survey carried out in 1992 by RSI and Frank Small & Associates, with support from the Asian Wall Street Journal, Economist, and Business Week, found that BusinessKorea ranks among the top three Korean magazines, alongside Reader's Digest and Monthly Chosun. Since 1997, BusinessKorea has partnered with media giants like Reuters and Dow Jones Information Services (which publishes the Wall Street Journal) to share its content, as well as Financial Times Information and Factiva under licensing agreements. The publication has an extensive overseas network, featuring 18 Media Representatives, including Marston Webb International in the U.S. and Globe Media International in Canada. Today, both readers and advertisers are increasingly recognizing the influence and reach of BusinessKorea. Our audience consists of a diverse and esteemed group of multinational companies that offer top-notch products and services, reflecting the trust that BusinessKorea has earned over the years. With global interest in the Korean economy at an all-time high, now is the ideal moment to engage with Korea’s leading English-language business publication.

Trade/B2B

English, Korean

Magazine

Outlet metrics

Domain Authority

Ranking

Global

#172392

Korea, Republic of

#14720

News and Media

#608

Traffic sources

Monthly visitors

Articles

Japan’s Lost 30 Years, Will Korea Follow? Korea’s Debt Ratio Nears Japan’s Bubble Era Level

2 days ago | businesskorea.co.kr | Jung Min-hee

The Bank of Korea has issued a warning message that the Korean economy must proactively address structural risk factors, learning from Japan’s experience of long-term stagnation. The diagnosis is that the triangular waves of structural changes -- debt accumulation, low birth rates and aging population, and limitations of growth strategies -- are already surging towards the Korean economy.
President Lee Pushes Speedy Stimulus: Universal Cash Payments May Return

2 days ago | businesskorea.co.kr | Jung Min-hee

At the inaugural Emergency Economic Response Task Force meeting held on June 4, President Lee Jae-myung pressed fiscal authorities for details on the immediate stimulative effects of a supplementary budget and ordered aggressive economic and livelihood support measures along with risk management.
Korea’s Economy Contracts 0.2% in Q1, Real GNI Rises 0.1%

2 days ago | businesskorea.co.kr | Jung Min-hee

South Korea’s economy contracted by 0.2 percent in the first quarter this year compared to the previous quarter, dragged down primarily by a sharp decline in construction investment. The Bank of Korea announced on June 5 that the country’s provisional real gross domestic product (GDP) in the first quarter of 2025 shrank 0.2 percent from the prior quarter, consistent with the preliminary estimate released in April.
Won-Dollar Exchange Rate Enters 1,350 Won Range for First Time in 7 Months

2 days ago | businesskorea.co.kr | Michael Herh

The won-dollar exchange rate has entered the 1,350 won range for the first time in about seven months, influenced by the weakening dollar due to poor U.S. economic indicators and expectations for the new Korean government. As of 10:00 a.m. on May 5 in the Seoul foreign exchange market, the Korean won was trading at 1,356.2 won against the U.S. dollar, down 13.3 won from the previous day’s weekly closing price.
K-Nuclear Power Finally Enters European Market by Winning $18 Bil. Czech Contract

2 days ago | businesskorea.co.kr | Michael Herh

Korea Hydro & Nuclear Power (KHNP) has finally won the contract for the construction of Units 5 and 6 at the Dukovany Nuclear Power Plant in the Czech Republic. This marks the first overseas export in 16 years since securing the construction project for Units 1-4 of the Barakah nuclear power plant in the United Arab Emirates (UAE) in 2009. The significance is particularly noteworthy as it represents the first entry into the European market, which has led the nuclear power industry.
BYD Leads Global EV Sales with 43.2% Growth, Selling1.24 Million Units by April

2 days ago | businesskorea.co.kr | Michael Herh

Chinese companies are rapidly increasing their sales in the global electric vehicle market. SNE Research reported on June 5 that, as of April this year, the total number of electric vehicles registered worldwide was approximately 5,808,000 units, up about 34.6% from the previous year. BYD of China ranked first, selling about 1,242,000 units, a 43.2% increase compared to the same period last year.
U.S. Stresses 'Ironclad Alliance' with South Korea, Cautions Against China Influence

2 days ago | businesskorea.co.kr | Jung Min-hee

The White House, in its first message regarding the South Korean presidential election results, emphasized an "ironclad alliance" with South Korea while unusually cautioning against China’s influence. Analysts suggest that the Donald Trump administration is checking the new Korean government’s "balanced diplomacy" between the U.S. and China from the beginning of President Lee Jae-myung’s term.
Doosan Enerbility Succeeds in Performance Test of 380MW Gas Turbine

2 days ago | businesskorea.co.kr | Michael Herh

Doosan Enerbility has successfully completed performance testing of its independently developed 380MW gas turbine. The company plans to intensify its efforts to penetrate overseas export markets with this gas turbine, which also meets global environmental regulation standards. Doosan Enerbility announced on June 5 that its 380MW gas turbine model has successfully passed the rated load performance test.
Czech Court Lifts Injunction on Dukovany Nuclear Power Plant Contract

3 days ago | businesskorea.co.kr | Michael Herh

The contract for the Dukovany Nuclear Power Plant Units 5 and 6 project in the Czech Republic, which had been halted due to French opposition, is expected to resume soon. The Czech Supreme Administrative Court has canceled the injunction filed by Électricité de France (EDF) that prohibited the nuclear power plant contract. Once the date is coordinated with the Czech government, President Lee Jae-myung is expected to visit the Czech Republic to attend the signing ceremony.
The 3 Arrows of JMnomics: Expanded Fiscal Policy, Domestic Demand Recovery, Fair Market

3 days ago | businesskorea.co.kr | Jung Min-hee

The inauguration of the Lee Jae-myung administration signifies a major shift in economic policies from the Yoon Suk Yeol government, which emphasized sound finances and small government.