Briefings
South Korea and China extend ferry lifespan to 15 years to stabilize routes
New agreement aims to reduce costs for operators, but safety concerns loom with aging vessels in operation
September 16, 2024
Yoon administration backs ‘flexible’ labor to boost economic growth
Efforts to restructure wage and retirement systems signal a pivot towards adaptable work hours and compensation
September 13, 2024
South Korea’s financial watchdog tightens grip on illegal money lenders
Government reforms could shrink unregulated lending but may marginalize borrowers with poor credit scores
September 12, 2024
Fewer South Koreans marrying will likely lead to lower demand for homeownership
New data shows that only a third of young South Koreans married in 2022, a decrease from the previous year
September 11, 2024
South Korea hosts international summit on responsible military use of AI
The two-day event includes 1.5 track talks between high-level officials and industry leaders
September 10, 2024
South Korea freezes national health insurance premiums for second year
Businesses and citizens benefit from stable premiums, but long-term sustainability concerns continue to grow
September 9, 2024
South Korea’s growth stalls in Q2 amid rising import costs and weak demand
Economic slowdown in Q2 doesn’t appear to change central bank’s cautious optimism about modest recovery prospects
September 6, 2024
South Korea’s $17B Czech nuclear bid faces US, French legal complaints
Legal complaints threaten to derail KHNP’s $17.4 billion project as Yoon seeks to strengthen ties with Prague
September 5, 2024
SK Telecom and Hana Financial invest in BitGo Korea to enter crypto market
Partnership highlights growing interest from traditional financial institutions in South Korea’s digital asset sector
September 4, 2024
South Korea to investigate Telegram for allegedly abetting deepfake sex crimes
Investigation into messaging app follows arrest of CEO in France, highlighting cross-border nature of digital sex crimes
September 3, 2024
