Thailand's Generous Handout: $289 for Senior Citizens in January
Thailand's government is launching the second phase of its US$14 billion stimulus program in January, targeting senior citizens with a cash handout of 10,000 baht each. This initia...
Economy News
South Korea's Manufacturing Sentiment Plunges to 13-Month Low Amid Export Uncertainty
South Korea's manufacturing sentiment has hit a 13-month low, driven by uncertainty surrounding exports following the U.S. presidential election. The Composite Business Sentiment I...
Korea and Bangladesh Kick Off Historic Economic Partnership Talks
South Korea and Bangladesh have officially commenced negotiations for the Korea-Bangladesh Economic Partnership Agreement (EPA), aiming to strengthen economic cooperation and elimi...
South Korea's Export Boom: A Record $685 Billion in 2024?
South Korea's export volume is projected to reach a record $685 billion in 2024, a 9.5% increase from the previous year. This surge is expected to propel the nation from 8th to 6th...
South Korea's Fuel Tax Cut Extension: A Winter Relief for Households
South Korea extends its temporary fuel tax cut by two months to alleviate the financial burden on households during the winter months. The measure, originally scheduled to end on D...
BOK Cuts Interest Rate Again to Boost Economy Amid Global Uncertainty
The Bank of Korea has lowered its base interest rate by 0.25 percentage points to 3% for the second consecutive month, aiming to stimulate economic growth amid global and domestic ...
South Korea's Economic Shift: Government Takes the Lead in Industrial Policy
Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok has stressed the urgency and importance of the next six months, describing it as the "golden time that will ...
KEPCO's Industrial Power Sales Decline Signals Economic Slowdown
KEPCO reports a 2.8% decline in industrial power sales for September, signaling a slowdown in industrial activity. The decline is attributed to the sluggish performance of manufact...
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