South Korean President Lee Jae-myung will meet with top business leaders to discuss US trade relations before his trip to the US, aiming to build on past agreements and strengthen ...
The South Korean government announces enhanced support for exporters as the U.S. expands tariffs on steel and aluminum products, affecting over 1,000 items and key exports.
South Korea's fiscal deficit reached 94.3 trillion won in the first half of the year, the fourth largest on record. Revenue increased by 24.7 trillion won, but expenditure also ros...
South Korea's unemployment rate unexpectedly dropped to 2.4% in July, with employment numbers rising by 171,000. The employment-to-population ratio also improved, signaling a robus...
The Korea Development Institute maintains its 2025 economic growth forecast for South Korea at 0.8%, citing a construction investment slump despite upward revisions in consumption ...
South Korea's Central Development Initiative has selected innovative social contribution projects for 2025, focusing on community connectivity and support for vulnerable groups, in...
Deputy Prime Minister Koo Yun-cheol presents South Korea's fiscal strategy to Moody's, aiming for an ultra-innovation economy through strategic industries and U.S. cooperation, ens...
South Korea and Vietnam aim to boost their trade to $150 billion by 2030, focusing on future industries like AI and nuclear power. President Lee Jae-myung emphasizes the strategic ...
South Korea's export growth is threatened by high U.S. tariffs, despite improvements in semiconductor exports and private consumption. The construction industry's slump and potenti...
South Korea's current account surplus hit a historic high of $14.27 billion in June, driven by strong exports and marking the 26th consecutive month of surplus. The first half of t...
South Korea's 30 trillion won fiscal injection has minimally boosted growth by 0.1%, amidst structural challenges and a declining potential growth rate. The government plans mega i...
South Korea's Ministry of Economy and Finance aims for a 1% growth rate, exceeding global forecasts through fiscal and regulatory reforms. Challenges include overcompetitive market...
South Korea's annual inflation rate slightly decreased from 2.2% in June to 2.1% in July, with the CPI rising by 0.2% monthly. Excluding fresh food and energy, the CPI increased by...
South Korea and the U.S. have struck a deal reducing tariffs to 15% in exchange for a $450 billion investment, ending FTA benefits and leaving sectors like semiconductors in tariff...
South Korea announces a significant tax reform, increasing corporate taxes for the first time in eight years, affecting SMEs and large corporations alike. The move contrasts with g...
South Korea reported a $6.61 billion trade surplus in July, with exports rising by 5.9% to $60.8 billion and imports by 0.7% to $54.2 billion. Semiconductor exports surged 31.6% to...
South Korea's 2025 tax reform introduces significant increases in corporate, education, and securities transaction taxes, aiming to raise 8.1 trillion won annually. Concerns arise ...
South Korea's national tax revenue increased by 21.5 trillion won in the first half of the year, reaching 190 trillion won, driven by higher corporate and income taxes. This growth...
South Korea's key industries and international bodies express deep concerns over proposed labor law amendments, fearing negative impacts on industrial competitiveness and foreign i...
South Korea's medical tourism hits a record high with over 1 million foreign patients, spending 7.5039 trillion won. Dermatology and plastic surgery lead the surge, with significan...
South Korea plans a major capital increase for the Export-Import Bank to support the MASGA project, aiming to boost U.S. shipbuilding through investments and financial support from...
South Korea has proposed the "Make American Shipbuilding Great Again" project to the U.S., featuring massive investments and financial support, aiming to boost the U.S. shipbuildin...
South Korea's ruling party is fast-tracking amendments to labor laws to ease strike regulations, sparking concerns over industrial disruption and legal ambiguities among businesses...
South Korea's tax burden rate has hit an eight-year low at 17.6%, prompting debates on tax policies. The government plans to adjust taxation, including raising corporate taxes, ami...
South Korea proposes a $100 billion investment plan in trade talks with the U.S., involving major corporations like Samsung and Hyundai, to negotiate lower tariffs and strengthen e...
South Korea is in talks to make significant U.S. investments to lower tariffs, following Japan's lead. Negotiations involve a potential $400 billion fund and adjustments in key sec...
South Korea and the U.S. are preparing for a critical '2+2' tariff meeting on July 25, with high-level officials from both sides discussing trade strategies to protect national int...
South Korea's real estate market is experiencing a boom, especially in new housing districts. These areas, developed through urban renewal, offer modern living and are attracting s...
South Korea's financial sector launches a 20 billion won support package for small businesses and local residents affected by heavy rain, offering reduced interest rates, loan exte...
South Korea's DAPA announces a plan to foster 300 innovative firms in AI, space, and other sectors by 2027, with significant investments aimed at localizing next-generation defense...
South Korea's national wealth exceeds 24 quadrillion won, driven by rising housing prices and overseas stock markets. Household net assets per capita surpass Japan for the third ye...
South Korea is considering doubling its U.S. LNG imports to address trade deficits, amid ongoing negotiations and U.S. demands for broader economic cooperation. This strategic move...
