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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 spend 2 tln won to curb fine dust, 100 bln won for Gangwon fire recovery

  •  By AsiaToday reporter Yoo Jae-heeThere are opinions that expenditures on the latest blaze in Gangwon Province should be included in a supplementary b..
  • Gov’t to reform 20-year-old preliminary feasibility study method

  • By AsiaToday reporter Ahn Jong-ho The government has decided to reform the preliminary feasibility study method for the first time in 20 years to prom..
  • National debt reaches 1,682 tril. won & More than half comes from pension liabilities

  • By AsiaToday reporter Yoo Jae-heeSouth Korea’s national debt is rising fast, worsening its financial health. Its national debt hit a record high last year,..
  • 2020 budget plan focuses on reviving economy, strengthening social safety net

  • By AsiaToday reporter Ahn Jong-ho South Korea’s budget for 2020 will be focused on reviving the economy. In addition, the government plans to strength..
  • Gov’t to permanently suspend geothermal power plant project that triggered 2017 Pohang quake

  • By AsiaToday reporter Choi Hyun-min The government will permanently suspend the geothermal power plant project that triggered the country’s second-lar..
  • Property taxes to rise sharply in Seoul’s affluent regions

  • By AsiaToday reporter Cheong Ah-reum The average government-declared value of apartment houses in Seoul rose 14 percent compared to a year ago, the hi..
  • Worst fine dust blankets Korea

  • By AsiaToday reporter Ahn Jong-ho A fine dust watch has been issued along the East Sea in Gangwon Province, which is well known for its clean air, for..
  • Gov’t unveils plans for building smart cities in Sejong, Busan

  • By AsiaToday reporter Cheong Ah-reum Lee, a 27-year-old man living in the Busan Eco-Delta City in 2022, parks his car at the entrance of a smart parki..
  • Gov’t hikes appraisal prices of expensive regions

  • By AsiaToday reporter Cheong Ah-reum The South Korean government hiked appraisal land prices of Seoul by almost 14 percent in 2019 compared to last ye..
  • Gov’t waives feasibility studies for 24 tln won worth of projects

  • By AsiaToday reporter Ahn Jong-ho The government will exempt feasibility studies to revitalize regional economies.The decision was announced at a pres..
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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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