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Saturday, Jun, 20, 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..

  • Gov’t hikes assessed value of houses worth over 2.5 billion won by 36 percent

  • By AsiaToday reporter Cheong Ah-reum The Ministry of Land, Infrastructure and Transport has hiked this year’s appraised prices of standard detached ho..
  • 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..
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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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