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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 plans to grant third disaster relief funds for virus-hit small businesses

  •  AsiaToday reporter Lee Jang-won The government, Cheong Wa Dae and the ruling Democratic Party (DP0 agreed to provide relief grants of up to 3 mi..
  • Seoul city to provide 900 billion won COVID relief for small businesses

  • AsiaToday reporter Kim In-heeThe Seoul city government has announced a new relief package worth some 900 billion won, or about 810 million dollars, for sma..
  • Gov’t to supply 460,000 homes in 2021

  • AsiaToday reporter Lee Ji-hoon Finance Minister Hong Nam-ki said Tuesday that the government will provide 460,000 housing units next year, including 3..
  • S. Korea’s economic policy plan focuses on overcoming economic slumps amid pandemic

  • AsiaToday reporter Cho Sang-eun South Korea’s 2021 economic policy plan focuses on providing active financial support to help overcome economic slumps..
  • Nine out of 10 people think Samsung contributed greatly to S. Korean economy

  • AsiaToday reporter Jeong Seok-manNine out of 10 South Koreans think Samsung Electronics has contributed greatly to the South Korean economy, according to a..
  • Kospi ends at highest

  • AsiaToday reporter Choi Jung-ahSouth Korea’s benchmark Kospi closed at its highest in two years and ten months on Monday. The main bourse rose 49.09 points..
  • Gov’t to supply 114,000 new public homes

  • AsiaToday reporter Lee Ji-hoon The government plans to supply 114,000 public rental houses nationwide over the next two years in a bid to alleviate th..
  • Moon says 2021 budget will lay grounds for ‘leading country’

  • AsiaToday reporters Lee Seok-jong President Moon Jae-in said his administration has drawn up a 555.8 trillion-won (US$469.8 billion) budget bill for ‘..
  • Samsung chairman Lee Kun-hee dies at 78

  • AsiaToday reporter Jeong Seok-manA great star in the Korean business community has fallen. Samsung Group Chairman Lee Kun-hee died at the age of 78 at Sams..
  • S. Korea plans to limit debt-to-GDP ratio at 60% from 2025

  • AsiaToday reporter Lee Ji-hoon The government plans to limit debt at 60 percent of gross domestic product and its fiscal deficit at 3 percent from 202..
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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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