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Wednesday, Nov, 12, 2025

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ECONOMY

  • KDI raises 2026 growth outlook to 1.8% amid easing domestic slump

    South Korea’s economic growth outlook for 2026 is brightening, with major state and financial research institutes projecting growth close to the 2% range, supported by a gradual recovery in domestic demand.The Korea Development Institute (KDI) raised its 2026 GDP growth forecast from 1.6% to 1.8%, while the Korea Institute of Finance (KIF) predicted a strong..

  • Gov’t to supply 80,000 homes to 5 new sites

  • AsiaToday reporter Jeon Won-joonThe government will supply 80,000 new homes in five new sites nationwide, including Guri, Yongin, Osan in Gyeonggi Province..
  • KOSPI regains 2,500 following short selling ban

  • AsiaToday reporter Son Kang-hoon Korean stocks soared after the country reimposed a complete ban on short-selling. The KOSPI rose above the 2,500 mark..
  • S. Korea to supply 55,000 more public homes

  • AsiaToday reporter Chun Won-joonThe government said it will provide an additional 55,000 public housing units, including 30,000 units in the third new town..
  • S. Korea to invest 2.2 tln won to form industrial clusters

  • AsiaToday reporter Lee Ji-hoonThe government plans to invest 2.2 trillion won (US$1.65 billion) over the next five years to establish advanced industrial a..
  • S. Korea’s economy stuck by political strike

  • AsiaToday reporters Choi Won-young, Kang Tae-yoon, and Lee Sun-youngThe production line of South Korea’s automotive and shipbuilding industries, the most l..
  • S. Korea to build ‘compact city’ in Pyongtaek, Jinju

  • AsiaToday reporter Chun Lee Wook-jae New public housing sites for 39,000 households will be built in two locations nationwide, including Pyeongtaek, G..
  • Housing market in Seoul capital area revives

  • AsiaToday reporter Lee Ji-hoon The apartment sales trading market in Seoul and its surrounding areas is heating up. The volume of apartment sales righ..
  • Economy likely to rebound soon: KDI

  • AsiaToday reporter Lee Ji-hoon The economy is likely to rebound soon, a state-run think tank said Sunday, as there are increasing indicators suggestin..
  • Foreigners shunned by mobile transactions

  • AsiaToday reporter Cho Eun-gukIt has been a long time since the number of foreigners living in South Korea exceeded 2 million. In other words, one out of e..
  • BOK freezes rate for 3rd straight time

  • AsiaToday reporter Jeong Geum-min South Korea’s central bank has lowered its economic growth forecast for this year to 1.4 percent from 1.6 percent Th..
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“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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