Economy
Written: 2022-03-29 15:46:34 / Updated: 2022-03-29 15:50:49
Debt held by wage earners in the country expanded significantly in 2020 from a year earlier due to the transitive effects of the COVID-19 pandemic.
According ...
Economy
Written: 2022-03-29 15:20:29 / Updated: 2022-03-29 15:44:41
The government announced major adjustments to state expenditures next year, with a focus on boosting post-pandemic recovery and strengthening ...
Economy
Written: 2022-03-29 11:51:10 / Updated: 2022-03-29 14:01:17
The government plans to accelerate consultations with the United States on the Indo-Pacific Economic Framework and gather opinions from domestic ...
Economy
Written: 2022-03-29 09:34:07 / Updated: 2022-03-29 09:57:37
The state-run Korea Electric Power Corporation(KEPCO) has frozen the adjusted unit fuel cost for electricity rates for the second quarter.
KEPCO ...
Economy
Written: 2022-03-29 08:56:29 / Updated: 2022-03-29 09:29:14
The International Monetary Fund(IMF) has maintained its growth outlook for South Korea for this year at three percent.
The Ministry of Economy ...
Economy
Written: 2022-03-29 08:36:44 / Updated: 2022-03-29 09:33:16
Consumer sentiment slightly improved this month, due in part to eased social distancing measures.
According to the Bank of Korea(BOK) on Tuesday, ...
Economy
Written: 2022-03-28 15:43:14 / Updated: 2022-03-28 18:43:55
The benchmark Korea Composite Stock Price Index(KOSPI) fell zero-point-42 points, or zero-point-02 percent, on Monday, closing the day at two-thousand-729-point-56.
The ...
Economy
Written: 2022-03-28 11:22:12 / Updated: 2022-03-28 11:35:12
The deal that would see a local consortium led by Edison Motors taking over SsangYong Motor has collapsed due to Edison's payment failure.
Edison ...
Economy
Written: 2022-03-28 09:17:09 / Updated: 2022-03-28 10:03:54
The government is reportedly considering a further cut in fuel taxes amid surging international energy prices.
According to the Ministry of ...
Economy
Written: 2022-03-28 08:52:42 / Updated: 2022-03-28 09:57:49
South Korea's energy imports jumped over 85 percent this year due to soaring international prices.
According to the Korea Customs Service on ...