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S. Korea jumps 6 spots to 21st in IMD ranking

South Korea ranked 21st in this year’s Institute for Management Development (IMD) World Competitiveness Ranking, rising six places from last year. According to the '2026 IMD World Competitiveness Ranking Results' released by the Ministry of Finance and Economy on the 18th, South Korea placed 21st among 70 countries. This marks its second-highest ranking sin..

Banks tighten corporate debt guarantees amid tariff and currency pressures
South Korea’s four major commercial banks have been tightening corporate debt guarantees as rising tariffs and a prolonged high exchange rate increase fina..

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