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The latest strikes by nonregular workers in the public sector have put the Moon Jae-in government’s labor policy -- including his iconic pledge on minimum wage hikes -- to the test, experts say. ...
South Korea’s jobless rate rose to 4 percent in June from a year earlier, and job additions again exceeded the 200,000 mark, government data showed on July 10. The unemployment rate increased 0.3...
Foreign residents in South Korea who default on state health insurance fees will be required to personally pay for all medical costs, the Health Ministry said on July 9. Under changes made to the...
South Korea maintained its position at 12th in the global gross domestic product rankings last year, the World Bank said on July 7. In 2018, Korea posted $1.619 trillion in terms of nominal GDP, ...
Global rating agency Moody’s Investors Service said on July 8 that it is maintaining its rating on South Korea at Aa2 with a stable rating outlook. Moody’s rating for Asia’s fourth largest econom...
South Korea’s finance minister on July 8 pressed Japan to withdraw its export restrictions on key semiconductor materials as the Japanese move could have a negative impact on the global economy. ...
The total assets under management by South Korea’s state pension fund exceeded the 700 trillion won ($596 billion) mark for the first time three decades after its launch, data showed on July 8. T...
Solar energy is among the keys in the Moon Jae-in administration’s push for renewable energy in response to concerns about life-threatening air pollution and demand for cleaner and safer energy. In...
South Korea ranked 12th out of 205 countries in terms of gross domestic product in 2018, maintaining its spot from a year earlier, the World Bank said Sunday. The country‘s gross national income, o...
The South Korean government has embarked on a 160 billion won ($136 million) project to develop disruptive technologies, including technologies to produce electric vehicles capable of traveling more...
South Korea’s financial regulator said on July 7 it will launch a task force later this month to handle lawsuits filed by global investors, such as US private equity fund Lone Star. The task force,...
Digital transformation has become a buzzword for various industrial sectors around the world – and South Korea is no exception. Ranging from tech giants to small factories, companies here are scrambl...
South Korea’s finance minister warned July 4 of “corresponding measures” against Japan’s move restricting key supplies for the nation’s semiconductor and display industries, in a major escalation of ...
South Korea’s current account balanced turned to black in May, one month after the country posted its first deficit in seven years amid sluggish exports, central bank data showed on July 4. The c...
South Korea has been pushing to inject 1 trillion won ($862 million) per year into the semiconductor materials and parts industry, a ruling party official said on July 3. The plan was unveiled am...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 19, 2021
![[Interview] ‘Korean firms in fear of disruption on path to digital transformation’](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=155&simg=/content/image/2019/07/07/20190707000215_p.jpg)
