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

‘Journey and Friendship’ Highlight 2025 New Zealand Wine Festivals in Seoul and Busan - Businesskorea

2 days ago | businesskorea.co.kr | Choi Mun-Hee

The New Zealand Wine Festivals are making their long-awaited return in May, offering guests an opportunity to savor an array of premium New Zealand red and whi
Daewoo E&C Signs Basic Agreement with Turkmenistan State Chemical Corporation for Mineral Fertilizer Plant Project

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

Daewoo Engineering & Construction (Daewoo E&C) announced on April 18th that it had signed a basic agreement with the Turkmenistan State Chemical Corporation for the construction of a mineral fertilizer plant at the Four Seasons Hotel in Seoul. The signing of this basic agreement coincided with the visit of Baymyrat Annamammedov, Deputy Prime Minister for Construction and Industry of Turkmenistan, to Korea on April 16th.
KAI’s $996 Million Polish Deal Under Scrutiny as Allegations of Mismanagement Surface

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

Korea Aerospace Industries (KAI), South Korea’s sole aircraft manufacturer, faces scrutiny following allegations of financial mismanagement related to a $996 million deal with Poland for FA-50 light attack aircraft. Democratic Party Representative Park Sun-won filed a complaint against KAI CEO Kang Goo-young on the 17th at the Yeongdeungpo Police Station in Seoul. The complaint cites accusations of business-related embezzlement, defamation, obstruction of business, and perjury.
Enblo’s Global Expansion Milestone: Daewoong Pharmaceutical’s Strategic Pursuit

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

Daewoong Pharmaceutical announced on April 18th that it has completed the application for approval of Enblo (active ingredient: Inavogliflozin) in a total of seven countries, including six Latin American countries—Costa Rica, Honduras, the Dominican Republic, Panama, El Salvador, and Guatemala—as well as Russia. Enblo, the first SGLT-2 inhibitor diabetes treatment developed in Korea, works by inhibiting the absorption of glucose and sodium in the kidneys, directly excreting them through urine.
Lotte Chemical Adjusts Strategy, Exiting POE Amidst Chinese Price Wars

1 week ago | businesskorea.co.kr | Jung Min-hee

Lotte Chemical has officially withdrawn from the Polyolefin Elastomer (POE) business, marking a strategic shift for the South Korean petrochemical giant. This decision comes in response to a slump in demand and fierce price competition from Chinese companies, such as Wanhua Chemical and Sinopec, which have aggressively expanded their presence in the global POE market over the past one to two years.
Hyundai Adjusts Production of Ioniq 5 and Kona EV Amid EV Order Decline

1 week ago | businesskorea.co.kr | Jung Min-hee

Hyundai Motor Company announced a temporary suspension of domestic production for its Ioniq 5 and Kona EV models on April 17. The suspension will take place at Line 12 of Ulsan Plant 1 from April 24 to 30. This decision comes amid a drop in orders following the removal of subsidies and imposition of tariffs in key markets like Germany, other European countries, Canada, and the United States.
U.S. Trade Sanctions on China to Shift Shipbuilding Dynamics Towards South Korea and Japan

1 week ago | businesskorea.co.kr | Jung Min-hee

The U.S. Trade Representative is poised to announce final sanctions against China’s shipbuilding industry by April 17, a move that could significantly reshape the global markets for liquefied petroleum gas (LPG) carriers and very large ethane carriers (VLECs). The sanctions are expected to include fees on ships affiliated with or constructed in China, potentially redirecting orders to other major shipbuilding nations like South Korea and Japan.
Tesla’s Sales in California Plummet Amid Dislike of Elon Musk; Beneficial to Hyunadi Motor?

1 week ago | businesskorea.co.kr | Jung Min-hee

Tesla’s electric vehicle sales in California have experienced a significant decline, marking a six-quarter consecutive decrease in the largest automobile market in the United States. According to a report released by the California New Car Dealers Association (CNCDA) on April 16 (local time), Tesla’s new car registrations in California for the first quarter of this year totaled 42,322, a 15.1% drop from 49,875 during the same period last year.
South Korea’s Shipbuilding Prowess Seen as Key to Reviving U.S. Maritime Industry

1 week ago | businesskorea.co.kr | Jung Min-hee

The Center for Strategic and International Studies (CSIS), a prominent U.S. think tank, recently published a column in its journal “PacNet” titled ‘With South Korea’s help, can US shipbuilding catch up with China?’ The article, authored by Park Jin-ho, a policy advisory committee member of the South Korean Ministry of National Defense, underscores the urgent need for the United States to collaborate with South Korea to revitalize its declining shipbuilding industry.
Korean Shipbuilding Industry Plans Profit-Oriented Portfolio Amidst Chinese Competition

1 week ago | businesskorea.co.kr | Jung Min-hee

On April 17, Clarkson Research, a British shipbuilding and shipping market research institution, reported a significant decline in global ship order volume for the first quarter of this year. The figures show a 52% decrease, with orders totaling 7.79 million CGT (234 ships), compared to 16.32 million CGT (710 ships) in the same period last year. South Korea, a major player in the shipbuilding industry, recorded a 55% decrease, with orders amounting to 2.09 million CGT (40 ships, 27%).