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Sunday, Jun, 21, 2026

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ECONOMY

  • S. Korea jumps 6 spots to 21st in IMD ranking

    South Korea ranked 21st in this year’s Institute for Management Development (IMD) World Competitiveness Ranking, rising six places from last year. According to the '2026 IMD World Competitiveness Ranking Results' released by the Ministry of Finance and Economy on the 18th, South Korea placed 21st among 70 countries. This marks its second-highest ranking sin..

  • S. Korea to stabilize supply of 100 key items in next 5 years

  • By AsiaToday reporter Choi Won-young In response to Japan’s export regulations, the South Korean government plans to raise self-sufficiency for 100 ke..
  • Extra budget bill pending in parliament for 95th day

  • By AsiaToday reporter Yoo Jae-hee The extra budget bill is still pending in parliament due to a political confrontation between liberal and conservati..
  • Finance minister warns of corresponding measures against Japan's export curbs

  • By AsiaToday reporter Yoo Jae-hee Deputy Prime Minister and Finance Minister Hong Nam-ki warned of corresponding measures if Japan does not withdraw i..
  • “S. Korea’s advanced agricultural technologies will be synergistic in Mongolian land”

  • By AsiaToday reporter Lee Ji-hoon “I have come to learn South Korea’s excellent agricultural technology,” said Namuun Battulga, chairman of Young Entr..
  • Finance minister calls for corporate investment

  • By AsiaToday reporter Ahn Jong-ho “In order to turn around current the economic conditions, it is important to revitalize the economy through corporat..
  • S. Korea to invest W4tr for R&D on bio-health

  • AsiaToday reporter Kim Si-young The government has chosen the bio-health industry as one of its new target growth engines. It plans to expand its annu..
  • Jobless rate rises to its highest level in 19 years

  • By AsiaToday reporter Yoo Jae-heeThe unemployment rate reached its highest in 19 years in April. The real unemployment rate for youth surpassed 25 percent,..
  • US tariff hike on Chinese goods could slash 1 tln-won from Korean exports

  • By AsiaToday reporter Choi Won-youngAs the United States plans to hike tariffs on another $325 billion in Chinese imports following its 25% tariff hikes on..
  • S. Korea’s economy contracts 0.3% in Q1, worst since global financial crisis

  • By AsiaToday reporter Im Cho-rong South Korea’s first-quarter GDP shrank 0.3 percent from the previous quarter, the first decline in five quarters and..
  • Gov’t seeks 6.7 tln won extra budget to curb fine dust, boost economy

  •  By AsiaToday reporter Ahn Jong-ho The government has drawn up a 6.7 trillion-won (US$5.9 billion) supplementary budget. This is the third extra..
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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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Jang Won-young shines as BVLGARI’s holiday muse

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