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Economy

Engel's Coefficient Hits 17-Year High

Written: 2018-02-20 08:23:52Updated: 2018-02-20 10:38:55

South Korea's household spending on food as a proportion of total expenditures, known as the Engel's coefficient, reached a 17-year high.  According ...

Economy

Airline Fuel Surcharges to Rise Next Month

Written: 2018-02-19 16:42:56Updated: 2018-02-19 16:47:14

As global oil prices continue to rise, airline fuel surcharges for international flights will increase again next month. According to industry ...

Economy

KOSPI Closes 0.87% Higher on Monday

Written: 2018-02-19 15:50:43Updated: 2018-02-20 15:43:12

The benchmark Korean Composite Stock Price Index(KOSPI) on Monday rose 20-point-99 points, or zero-point-87 percent, to close at two-thousand-442-point-82. The ...

Economy

Wine Imports Top $200 Mn in 2017

Written: 2018-02-17 13:19:27Updated: 2018-02-17 13:56:36

Wine imports have been on the rise with total imports surpassing 200 million dollars. According to the Korea Customs Service on Saturday, wine ...

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