Economy
Written: 2016-08-09 18:47:20 / Updated: 2016-08-09 19:35:48
A director at the International Monetary Fund(IMF) has warned that South Korea may face a protracted recession.
Rhee Chang-yong, director ...
Economy
Written: 2016-08-09 18:34:42 / Updated: 2016-08-09 18:44:11
South Korea's automobile exports fell nearly 15 percent last month from a year ago.
According to the Ministry of Trade, Industry and Energy ...
Economy
Written: 2016-08-09 16:58:40 / Updated: 2016-08-09 17:18:39
A domestic think tank says the nation should raise the employment rate in order to maintain the current gross domestic product(GDP) level through ...
Economy
Written: 2016-08-09 14:32:00 / Updated: 2016-08-09 15:07:25
Finance Minister Yoo Il-ho has called for a swift parliamentary approval of the government’s extra budget bill.
He delivered the call in a joint ...
Economy
Written: 2016-08-09 11:39:27 / Updated: 2016-08-09 13:17:31
A recent survey shows that South Korean products have been slapped with 179 antidumping duties or other types of measures that restrict their imports ...
Economy
Written: 2016-08-08 18:02:26 / Updated: 2016-08-08 18:57:24
Labor Minister Lee Ki-kweon has strongly criticized Seoul City’s program to provide cash allowances for young job seekers.
Lee on Monday said ...
Economy
Written: 2016-08-08 15:32:49 / Updated: 2016-08-08 15:51:06
Electricity demand again posted a new high on Monday as a heat wave continued to grip the nation and as companies, where more power is consumed, resumed production ...
Economy
Written: 2016-08-08 14:29:27 / Updated: 2016-08-08 14:37:27
The Ministry of Oceans and Fisheries says that an antipiracy drill will be held off Geoje Island in South Gyeongsang Province on Tuesday afternoon.
According ...
Economy
Written: 2016-08-08 14:13:18 / Updated: 2016-08-08 15:16:55
The Finance Ministry announced Monday that global rating agency Standard and Poor’s(S&P) upgraded South Korea's sovereign credit rating by one ...
Economy
Written: 2016-08-08 10:55:36 / Updated: 2016-08-08 11:45:46
South Korea will hold another round of free trade negotiations with six Central American countries this week.
The Ministry of Trade, Industry ...