Economy Forecast to Expand in 1% Range Next Year
Written: 2022-12-26 14:27:14 / Updated: 2022-12-26 16:45:59
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Public Sector Restructuring Plan to Affect over 12,000 Employees
Written: 2022-12-26 11:49:05 / Updated: 2022-12-26 15:11:32
The government has announced a restructuring plan for the public sector that will affect more than 12-thousand employees. The finance ministry ...
Int'l Air Passengers Outnumber Domestic Air Passengers for 1st Time Since Pandemic
Written: 2022-12-26 10:48:54 / Updated: 2022-12-26 12:08:18
The number of travelers flying internationally has outnumbered domestic travelers for the first time since the COVID-19 pandemic broke out owing ...
BOK: Mortgage Borrowers Spend 60% of Income Paying Off Debt
Written: 2022-12-26 07:30:32 / Updated: 2022-12-26 10:08:17
Amid continued rate hikes, an average mortgage borrower in the nation spends about 60 percent of their income paying off the principal and interest, ...
Seoul Subway Fares Likely to Rise Next Year
Written: 2022-12-25 13:49:20 / Updated: 2022-12-25 17:51:03
A hike in subway fares in the capital region has become inevitable as next year's budget has excluded funds for compensating the growing deficit ...
Finance Minister: Gov't to Lift Property Regulations for Additional Areas in Jan.
Written: 2022-12-25 13:33:31 / Updated: 2022-12-25 17:51:29
Finance Minister Choo Kyung-ho said on Sunday that the government will lift real estate regulations for additional areas next month. Appearing ...
Imported Vehicle Registrations Top 3 Million
Written: 2022-12-25 13:05:28 / Updated: 2022-12-25 13:41:00
Cumulative imported car registrations in South Korea have surpassed three million for the first time. According to data by the Ministry of ...
National Debt in 2023 to Top 1.1 Quadrillion Won
Written: 2022-12-24 13:33:22 / Updated: 2022-12-24 13:46:13
National debt has decreased by 400 billion won from the government's initial budget proposal during parliamentary deliberations. According ...
KOSPI Ends Friday Down 1.83%
Written: 2022-12-23 15:43:14 / Updated: 2022-12-23 16:47:42
The benchmark Korea Composite Stock Price Index(KOSPI) fell 43-point-04 points, or one-point-83 percent, on Friday, closing the week at two-thousand-313-point-69. The ...
Vice Finance Minister: Economic Hardship to Deepen in 1st Half of 2023
Written: 2022-12-23 10:43:29 / Updated: 2022-12-23 10:46:50
First vice finance minister Bang Ki-sun has projected that the nation’s economic and livelihood hardships will deepen in the first half of next ...
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