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Thursday, Nov, 13, 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 pledges 35 trillion won for small merchants and consumers

  • By AsiaToday reporter Ahn Jong-ho The government will cooperate with the financial sector to allocate 35 trillion won worth of support to improve peop..
  • Two years after the Hanjin collapse, Korean shipbuilding industry is losing ground

  • By AsiaToday reporter Moon Noo-riAbout two years ago, Hanjin Shipping Co., at the time the world’s seventh largest container carrier, sought bankruptcy pro..
  • Gov’t to create 155,000 homes in areas near Seoul

  • By AsiaToday reporter Cheong Ah-reum Sites for new towns and cities near Seoul to supply 155,500 homes have been revealed.The Ministry of Land, Infras..
  • Finance minister vows to reflect market voice in economic policy

  • By AsiaToday reporter Ahn Jong-ho“The policy that differed from the market expectation will be complemented with the voice of the field,” said the new depu..
  • Finance minister nominee says he will focus on reinvigorating economy

  • By AsiaToday reporter Ahn Jong-ho“Innovation-based growth is important for national growth, and income-led growth is important to create a country where pe..
  • KOSPI sinks below 2,000 for 1st time in 22 months

  • By AsiaToday reporters Jung Dan-biThe benchmark Korea Composite Stock Price Index (KOSPI) lost the psychologically-important 2,000 mark for the first time..
  • Gov't unveils new measures to boost economy

  • By AsiaToday reporter Cho Sang-eun The government has unveiled a set of measures that will bolster private investment and generate new jobs amid the s..
  • Gov't imposes tougher taxes on properties to curb speculative buying

  • By AsiaToday reporter Cho Sang-eun The government on Thursday unveiled a set of tough measures aimed to curb property speculation.Under the new measur..
  • Gov't proposes record 471 trillion won budget for 2019

  • By AsiaToday reporter Cho Sang-eun The 2019 budget has been set at 470.5 trillion won (US$424 billion). In particular, the government allocated 3..
  • 6 out of 10 Gangnam apartments sold by non-Gangnam residents

  • By AsiaToday reporter Cheong Ah-reum The number of non-Gangnam residents buying an apartment in the affluent areas of southern Seoul known as Gangnam..
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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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