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Friday, Aug, 15, 2025

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ECONOMY

  • Fuel tax cuts extended until end of October

    The government has decided to extend the temporary fuel tax reduction, originally set to expire at the end of August, for an additional two months to ease the public’s fuel cost burden amid lingering uncertainties in global oil prices. According to the Ministry of Economy and Finance on August 14, the measure will remain in place until October 31, maintaini..

  • High-interest loans taken by self-employed surge

  • AsiaToday reporter Son Cha-min  As the difficulties of the self-employed have been prolonged due to the pandemic and the quarantine measures, the..
  • Nation’s top 100 firms’ dependence on overseas sales rises

  • AsiaToday reporter Hong Sun-miSouth Korea’s top 100 companies’ sales grew faster in the first half of this year than before pandemic, however their depende..
  • KEPCO to announce Q4 electric bills

  • AsiaToday reporter Kwon Han-ilThe government and state-run utility Korea Electric Power Corp. (KEPCO) will decide Thursday whether to raise electricity bil..
  • Nearly half of listed companies cut workforce in H1

  • AsiaToday reporter Hong Sun-miNearly half of South Korea’s listed companies cut their workforce in the first half of the year in the aftermath of the coron..
  • S. Korea’s tax revenue increases more than 55 tln won in Jan.-July from year ago

  • AsiaToday reporter Lee Ji-hoonThe government’s total tax revenue in the first seven months of this year jumped more than 55 trillion won (US$47 billion) fr..
  • Four out of 10 self-employed considers closing their businesses

  • AsiaToday reporter Park Ji-eun Four in 10 small business owners are found to be considering closing their businesses after the resurgence of COVID-19,..
  • Gov’t proposes W604tr ‘super budget’ for 2022

  • AsiaToday reporter Lee Ji-hoonThe South Korean government has proposed a record high budget of more than 600 trillion won for next year as it plans to main..
  • Bank of Korea lifts benchmark interest rate to 0.75%

  • AsiaToday reporter Lee Ji-sun The Monetary Policy Board of the Bank of Korea (BOK) decided to raise its key rate to 0.75 percent from 0.5 percent, end..
  • Inflation fears rise as consumer prices continue to surge

  • AsiaToday reporter Lee Ji-hoonSouth Korea’s consumer prices rose more than two percent for the fourth consecutive month in July, affecting people’s everyda..
  • S. Korea’s consumer prices grow more than 2% for 4th straight month

  • AsiaToday reporter Lee Ji-hoonSouth Korea’s consumer prices jumped 2.6% in July. This is the same level as in May, which showed the fastest rise in more th..
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people

“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

· “Efforts will be made to remove Hallyu ban quickly”
· SK Group Chairman heads to Japan to soften “WD risk”

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Moon Ga-young shines at Radiesse pop-up studio opening event

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