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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..

  • [Exclusive] Saudi Crown Prince may visit South Korea

  • By AsiaToday reporters Choi Won-young & Choi Hyun-minSaudi Arabia's de-facto ruler, Crown Prince Mohammad Bin Salman, is considering to visit South Kor..
  • S. Korea, UAE to set agricultural cooperation committee in October

  • By AsiaToday reporter Cho Sang-eun The government will seek to restore relations with the United Arab Emirates (UAE) by expanding cooperation in the a..
  • Samsung to invest 180 Tln Won and hire 40,000

  • By AsiaToday reporter Kim Kyu-bin Samsung plans to invest 180 trillion won (US$160 billion) over the next three years to revitalize the national econo..
  • Criticism mounts against government's power bill relief

  • By AsiaToday reporter Choi Won-youngThe National Assembly and the government have decided to temporarily ease Korea's progressive electricity rates for Jul..
  • S. Korea lowers growth estimate, set to spend more to revive economy

  • By AsiaToday reporter Cho Sang-eun South Korea's government lowered its growth estimate for the gross domestic product (GDP) for this year to 2.9 perc..
  • Gov't to provide housing support for newlyweds, youth

  • By AsiaToday reporter Cheong Ah-reum The government will provide housing support for 1.63 million households comprising newlyweds and young people by 2022...
  • KCCI to host Dialogue of Korean-Chinese Businesspeople

  • By AsiaToday reporter Kim Yoon-joo Korean and Chinese businesspeople and former government officials will meet to discuss economic cooperation between..
  • Gov't proposes 3.9 trillion-won extra budget to create jobs for youth

  • By AsiaToday reporter Cho Sang-eun The government on Thursday proposed a 3.9 trillion won (US$3.7 billion) extra budget for the youth employment and region..
  • Gov't to tackle youth unemployment with KRW 4 trillion won extra budget plan

  • By AsiaToday reporter Cho Sang-eun The South Korean government aims to tackle chronic youth unemployment by trying every possible method, including bolder..
  • Gov't to discuss support plan with GM

  • By AsiaToday reporter Choi Won-youngThe government will meet with GM International chief Barry Engle to discuss support measures for GM Korea in earnest. S..
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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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