Search results for Korea Customs Service
Industry
Semiconductor boom, but South Korea\'s chip equipment exports to China fall
South Korea\'s semiconductor exports rose past $40 billion for the first time on a monthly basis, extending a 16-month streak of gains. But exports of semiconductor manufacturing equipment to China edged down in June even as memory chip shipments surged. The article points to China focusing on domestically made back-end processing equipment as the United States tightens controls on advanced lithography tools. Hybrid bonding and other back-end processes are highlighted as key areas of Chinese localisation.
People
Park In-hwan encourages mail centre staff supporting narcotics inspections
Park In-hwan (박인환), head of the Korea Postal Service, visited the Anyang Mail Center on May 28 to inspect narcotics screening facilities and the handling of election mail, and encouraged staff. The Postal Service has set up dedicated spaces for narcotics inspections at several mail centres since last month. The Korea Customs Service conducts inspections there of all inbound mail. Three drug-containing parcels were detected over two months.
Finance
KOSPI settles above 7,800; buy sidecar triggered on semiconductor rally
South Korea\'s KOSPI jumped nearly 5 percent early on May 11, hit another record and closed at an all-time high above 7,800, led by gains in semiconductor heavyweights. The Korea Exchange triggered a buy sidecar after KOSPI200 futures rose more than 5 percent. Individuals and institutions were net buyers, while foreigners sold. Export data showed strong growth, driven by semiconductor shipments.
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Finance
Toss Bank secures treasury receiving agent status directly linked to Bank of Korea
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General News
Korea Post, Customs Service to operate second line of drug screening at inland logistics hubs
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Industry
Korea\'s memory big 2 focus on May U.S.-China summit as export boom faces turning point
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Industry
Lotte Chilsung Beverage says Crush Mongolia exports up 90 percent in two years
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Industry
Orion adds outside directors with customs and tax backgrounds amid strong overseas sales
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Finance
KB Financial recommends lawyer Seo Jeong-ho as new outside director candidate
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Industry
MOTIE holds emergency meeting on U.S. tariff ruling, seeks close talks to keep friendly consultations
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Industry
South Korea industry ministry holds emergency meeting after U.S. ruling finds reciprocal tariffs illegal
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Industry
South Korea finalises 2026 narcotics control plan covering crackdown and rehabilitation
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Industry
Korea Post, customs service to expand second line of drug inspections in international mail
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Industry
Lam Research Korea earns AEO certification for export-import security management
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Industry
EU carbon border mechanism rolls out; government to strengthen response system