Korean economy News

South Korea's Economic Challenge: Rising Resource Allocation Inefficiency Threatens Innovation

The Bank of Korea reports a tripling in resource allocation inefficiency since the 1990s, with the service sector hit hardest. Solutions include better funding access for innovativ...

Korean Companies Optimistic for H2: Survey Reveals Positive Outlook Amid Global Uncertainties

A survey by the Federation of Korean Industries shows most companies expect stable or improved business conditions in the second half of 2025, despite global uncertainties. Key cha...

Korean Economy Faces Challenges Yet Consumer Sentiment Shows Promising Recovery, KDI Reports

The Korea Development Institute reports a weakened Korean economy for the second month but notes a recovery in consumer sentiment due to government measures like consumption coupon...

Unusual Economic Signal: Korea's Money Supply Drops Amid Rate Cuts, Sparking Concerns

South Korea's money supply unexpectedly decreases despite interest rate cuts, highlighting concerns over household debt, corporate loans, and overseas investments. Economists debat...