Fuel Tax Cuts Extended through June
Written: 2024-04-15 09:26:12 / Updated: 2024-04-15 09:26:49
The government has decided to extend fuel tax cuts by two months until June amid rising global oil prices exacerbated by the escalating tensions ...
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Prices of Processed Foods Rise 6.1% in Q1
Written: 2024-04-14 12:11:45 / Updated: 2024-04-14 14:22:07
Prices of processed food products rose by over six percent over the past year. According to the Korea Consumer Agency (KCA) on Sunday, its survey ...
S. Korea, US to Hold Bilateral Dialogue on Supply Chains, 3-Way Ministerial Meeting with Japan in 1H
Written: 2024-04-13 15:39:22 / Updated: 2024-04-13 17:08:51
South Korea and the United States have agreed to hold a bilateral dialogue on supply chain and commercial issues and a trilateral ministerial meeting ...
Avg. Prices of Gasoline, Diesel Continue Upward Trend This Week
Written: 2024-04-13 15:24:28 / Updated: 2024-04-13 15:26:29
Average prices of gasoline and diesel continued an upward trend this week. According to data from the Korea National Oil Corporation, the average ...
BOK Chief: Surge in Farm Product Prices Cannot be Contained with Monetary, Financial Policies
Written: 2024-04-12 17:32:59 / Updated: 2024-04-12 18:39:18
Bank of Korea(BOK) Governor Rhee Chang-yong says the latest surge in agricultural prices is not a matter that can be resolved with monetary or financial ...
Gov't Ordered to Pay U.S. Hedge Fund 43.8 Bil. Won
Written: 2024-04-12 16:07:55 / Updated: 2024-04-12 16:19:37
An international tribunal ordered the South Korean government to pay 43-point-eight billion won, or 32 million U.S. dollars in compensation to ...
BOK Chief: All Board Members See Difficulty in Predicting Rate Cuts in 2H amid Inflation Uncertainties
Written: 2024-04-12 15:52:55 / Updated: 2024-04-12 16:00:28
Bank of Korea(BOK) Governor Rhee Chang-yong said all members on the bank's monetary policy board had noted that it is difficult to predict ...
S. Korea, U.S. Launch AI Working Group
Written: 2024-04-12 15:50:15 / Updated: 2024-04-12 16:01:16
The Ministry of Foreign Affairs and the Ministry of Science and ICT announced on Friday that South Korea and the United States have launched a bilateral ...
Finance Ministry: Pace of Economic Recovery Differs by Sector
Written: 2024-04-12 11:04:55 / Updated: 2024-04-12 11:10:10
The government said that the economy is generally on the track to recovery thanks to the growth of exports and manufacturing production, but domestic ...
BOK Keeps Key Rate at 3.5% for 10th Consecutive Time
Written: 2024-04-12 10:32:22 / Updated: 2024-04-12 10:32:52
Korea’s central bank has kept the key interest rate steady at three-point-five percent for the tenth consecutive time since February 2023. The ...
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