Analysis
South Korea bets on tech and manufacturing to drive growth in 2024-2028 plan
The government pledges support measures for companies, but increasing national debt might limit financial capacity
September 4, 2024
South Korea targets Australian minerals to reduce supply chain risks
Enhanced cooperation aims to reduce reliance on China, but environmental regulations and stiff competition pose hurdles
September 3, 2024
South Korea’s new Nursing Act faces criticism amid fears for patient safety
Law gives physician assistant nurses more responsibilities, but gaps in training and legal clarity worry experts
September 2, 2024
Hanwha Ocean wins first US Navy maintenance contract, paving way for expansion
Breakthrough in US defense market offers tech gains and revenue potential, but regulatory challenges loom
August 30, 2024
South Korea’s 2025 budget creates winners and losers among key industries
High-tech, healthcare and defense sectors gain, while public housing, infrastructure and regional growth face cuts
August 29, 2024
South Korea’s childcare experiment: Balancing labor needs and ethics
Concerns arise regarding accessibility for low-income families and potential exploitation of foreign workers
August 28, 2024
Yoon Suk-yeol’s upcoming pension reform speech promises major changes
Key reforms will likely include tiered contributions and a stabilization mechanism to ensure fund longevity
August 26, 2024
Ethical dilemma looms over South Korea’s booming tear gas trade
Regulatory gaps and economic interests clash with ethical responsibilities as exports to questionable regimes increase
August 23, 2024
South Korea’s COVID surge unveils cracks in pandemic defenses
Workplace policies and healthcare system strain highlight vulnerabilities as cases rise ninefold since mid-July
August 21, 2024
Aging workforce threatens to dull South Korean conglomerates’ competitive edge
Chaebol increasingly lean on older workers instead of recruiting new talent, increasing costs and stifling innovation
August 20, 2024
