GDP Growth Outlook Shows Slower Path To $40,000
South Korea’s GDP growth outlook indicates a slower climb toward the long-anticipated $40,000 per-capita milestone, according to recent government data. Officials project that, at the current...
Chuseok Price Plan Targets Stable Costs
The government unveiled a new Chuseok price plan on Monday to stabilize holiday costs and encourage household spending. Officials announced they will release 172,000 tons of...
Stock Market Surge Pushes Kospi to Record High
South Korea’s stock market soared Monday, sending the benchmark Kospi to an all-time high as investors applauded a key tax decision. The index jumped...
Policy Finance Role Highlighted by New KDB Chair
Korea Development Bank’s new Chair and CEO Park Sang-jin stressed the growing importance of policy finance as he took office Monday. Speaking at his...
Robotics Innovation Center Opens in Seongnam
Doosan Robotics launched its new robotics innovation center in Seongnam, Gyeonggi Province, on Monday, underscoring its ambition to dominate Korea’s collaborative robot market. Moreover, the 6,600-square-meter...
