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Semiconductors lift Korea’s outlook to 1.8%

The Bank of Korea (BOK) on Thursday revised up next year’s real GDP growth forecast to 1.8%, citing a rebound in consumer sentiment, strengthening semiconductor demand and easing global uncertainties. The central bank also projected that the economy will manage “1%-range growth” this year after slightly upgrading its 2025 estimate to 1.0%. In its final econ..

Yoon wants S. Korea to become one of world’s top space powers
AsiaToday reporter Hong Sun-miPresident Yoon Suk-yeol vowed on Wednesday to increase the budget for space development to over 1.5 trillion won (US$1.1 bill..

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