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The International Monetary Fund has said South Korea’s fiscal policy should remain expansionary in the medium term to support growth, job creation and external rebalancing. “Korea has ample fiscal s...
South Korea will spend 240 billion won ($204 million) in the next 10 years to develop key semiconductor technologies that can alter the paradigm of the chip industry as a whole, the Science Ministry ...
South Korea’s central bank said May 9 it will maintain its accommodative monetary policy, while closely watching movements of the economy and consumer prices. “The inflationary pressures on the d...
South Korea’s monthly current account surplus narrowed in March from a year earlier amid slowing exports, central bank data showed May 8. The country’s current account surplus came to $4.8 billio...
Productivity in South Korea’s industrial sectors improved 3.6 percent last year from a year earlier largely due to the adoption of a shortened workweek, a state agency said on May 7. The producti...
The value of houses owned by chaebol heads shot up 34 percent in 2019 from a year earlier, data showed on May 5. According to the data compiled by Chaebul.com, the combined declared value of houses ...
South Korea’s exports dropped 2 percent in April from the previous year, marking the fifth consecutive month of downtrend amid a prolonged slump in the chip-making business and sluggish demand from C...
South Korea’s exports dropped 2 percent in April from a year earlier, extending their on-year fall for the fifth consecutive month due to a drawn-out slump in chips, government data showed on May 1. ...
President Moon Jae-in on April 30 emphasized the great growth potential of the non-memory chip sector, reaffirming the government’s plan to offer every possible support for South Korea’s businesses i...
South Korea’s air passenger traffic reached a record high in the first quarter of the year, helped by the rising number of Chinese tourists and increasing budget airliner operations, government data ...
South Korea’s industrial output edged up 1.1 percent in March from a month earlier due in part to increased production of semiconductors and the service sector, government data showed on April 30. ...
South Korea ranked No. 1 in the world in terms of its ratio of research and development spending to gross domestic product, data showed on April 30. The latest data by the Organization for Econom...
Following the cancellation of the license for the nation’s first for-profit medical center, its operator Shanghai-based Greenland Group -- which has made investments in Jeju Special Self-Governing Pr...
South Korea’s finance minister on April 29 ruled out the possibility that the government would adjust the country‘s economic growth target despite an economic slowdown. “For now, (the government)...
Activist urges tech firms to reduce e-waste by ending ‘planned obsolescence’ in their products South Korea’s largest automaker Hyundai Motor should speed up its efforts in changing its business po...
Bithumb, Yeogi Eottae, HanaTour indicted for data leak
Samsung Galaxy Fold is now ready for launch: Samsung Display exec
KTB Securities Thailand seeks listing on solid profits
S.M. Entertainment pressed to answer activist shareholder’s demands
Goldman Sachs lowers growth forecast for S. Korea, expects two rates cuts
SK hynix’s new China plant to stay idle over Huawei fallout
Taxi-sharing app operator Kornatus snaps W1.2b funds
Samsung Display continues to lead in mobile market: IHS
June 20, 2019
