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Thursday, Sep, 18, 2025

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ECONOMY

  • Export, import prices rise for second month on FX, tech costs

    Korea’s export and import prices both rose in August for the second consecutive month, driven by a weaker won and higher prices for computers and electronic equipment, the Bank of Korea said on September 16. Export prices climbed 0.7% from July but fell 1.0% from a year earlier. The average won-dollar exchange rate rose from 1,375.22 in July to 1,389.66 in..

  • 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..
  • S.Korea July exports jump to record

  • AsiaToday reporter Lee Sang-wonSouth Korea’s exports set a new monthly high for the first time in 65 years since the country started compiling related data..
  • Money supply continues to grow in May

  • AsiaToday reporter Lee Ji-sun An additional 21 trillion won was released in May alone in the market. The total money supply is close to 3,400 trillion..
  • Gov’t vows fast and strong economic recovery with expansionary spending

  • AsiaToday reporter Cho Sang-eunThe South Korean government has shown confidence in ‘fast and strong economic recovery’ in the second half of this year.It p..
  • Employment, vaccine, inflation are key variables for recovery of S. Korean economy

  • AsiaToday reporters Lee Ji-hoon & Son Cha-minThe South Korean economy is rapidly recovering this year to pre-pandemic levels. The economic growth forec..
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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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