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In light of the trade conflict with Japan and other external risks, concerns are mounting that South Korea’s economic growth this year may fall below 2 percent at worst, lower than the range of 2.2-2...
The ruling party, government and presidential office on Aug. 4 vowed to add at least 1 trillion won ($833 million) to next year’s state budget, in an effort to expand fiscal space amid escalated trad...
The first half of the year was depressing for China’s venture capital industry compared to glorious past years. The number of venture capital deals successfully closed in the first half of this year...
The government will seek to set aside more than 1 trillion won ($847 million) in next year’s state budget to support companies producing parts and materials used in chips amid Japan’s export curbs, a...
The boycott of Japanese products and services seems to be gaining ground here as a bilateral trade war with South Korea entered the third week. According to convenience store chain CU, the sales of ...
The South Korean government will temporarily expand tax benefits to corporate investment, the finance minister said Monday, in the latest move to encourage business spending amid a slowing economy. ...
South Korean exports of information and communications technology products fell for the eighth straight month in June on weak demand for semiconductors, mobile phones and displays, data showed on Jul...
Financial Services Commission Chairman Choi Jong-ku on July 18 undermined any possible retaliation by Japan in the financial sector. “I know there are some concerns that Japan’s trade retaliation mi...
Home sales in South Korea plunged more than 28 percent in the first half of the year compared to a year earlier, data showed on July 18. The number of housing transactions came to 314,108 in the ...
The Bank of Korea slashed its growth forecast for the economy to 2.2 percent on July 18, citing sluggish demand at home and abroad amid growing trade protectionism and a delayed recovery in the globa...
The Bank of Korea (BOK) slashed its policy rate by a quarter percentage point to 1.50 percent on July 18 in a surprise move to help spur growth amid prolonged trade tensions. The rate cut is the ...
The South Korean government’s solutions announced on July 17 hoping to resolve long-lasting confrontation between cab operators and new mobility platforms appear to appease only one side -- the taxi ...
South Korean lawmakers have submitted several draft resolutions demanding Japan withdraw its recent curbs on hi-tech exports to the neighboring country. Rep. Lee Soo-hyuck and 44 other lawmakers ...
A new law aimed at preventing harassment in the workplace took effect in South Korea on July 16, bringing the widespread but overlooked issue of bullying at work into the legal domain. A revised ...
The Bank of Korea is expected to keep its policy rate intact this month though a rate cut may be inevitable down the road to help boost growth, local experts said in a survey released July 15. In...
BlackRock sells some of Coway stake
Dunamu’s Q1 profit likely to exceed market expectations on surging coin trades
Shinhan Asset to shy away from domestic equities with low ESG scores
Concerns rise as more young Koreans dip their toes into crypto market
[Feature] Korea’s aging society faces burden of rising debts, heavy taxes
Korea’s coal power plants to lose profitability before lifetimes end: study
17 Korean startup founders named Forbes‘ young innovators
Kospi hits fresh high on foreign, institutional buying
April 23, 2021
![[Feature] Korea’s aging society faces burden of rising debts, heavy taxes](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=151&simg=/content/image/2021/04/22/20210422000212_0.jpg&md=20210422103252)
