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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..

  • Social distancing rules to be eased in greater Seoul

  • AsiaToday reporter Yoon Seo-youngThe South Korean government decided to scale down the level of social distancing in the wider Seoul area starting Monday u..
  • S. Korea unveils 4th extra budget of 7.8 tln won to help small businesses

  • AsiaToday reporter Cho Sang-eun The fourth extra budget is mainly aimed at helping vulnerable industries such as small business owners, and low-income..
  • Moon holds a meeting on New Deal strategy

  • AsiaToday reporter Lee Jang-won The South Korean government has come up with a plan Thursday to set up the Korean New Deal fund worth of 190 trillion..
  • S. Korea drafts super budget to save pandemic-hit economy

  • AsiaToday reporter Cho Sang-eun South Korea’s government on Tuesday proposed a super budget for 2021 to overcome the COVID-19 crisis and to successful..
  • Moon stresses emergency economic response

  • AsiaToday reporter Lee Jang-won As South Korea is preparing for another potential wave of mass new coronavirus infections, attention is now focused on..
  • 623 COVID-19 cases linked to Sarang Jeil Church

  • AsiaToday reporter Jang Ji-young The COVID-19 outbreaks linked to religious gatherings in the greater Seoul area are spreading across the nation. Sout..
  • S. Korea tops OECD’s 2020 growth rate forecast

  • AsiaToday reporter Lee Ji-hoon The Organization for Economic Cooperation and Development (OECD) raised its growth outlook for the South Korean economy..
  • Gov’t new supply plan seen as inconsistent

  • AsiaToday reporter Lee Chul-hyun The government is expected to push forward in its latest housing supply plan of providing 260,000 homes in and around..
  • S. Korea may utilize military-owned land to build homes

  • AsiaToday reporter Lee Chul-hyunAs the government announced that it would come up with measures to supply housing in the metropolitan area as soon as possi..
  • S. Korea revises tax rules to respond to post-coronavirus economy

  • AsiaToday reporter Cho Sang-eun The government’s latest tax revision plan announced by the Tax Development Review Committee on Wednesday seeks to revi..
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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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