John Lee is the editor of KOREA PRO, based in Seoul. Prior to that, he was a contributor for NK News and KOREA PRO. His focus is on South Korean foreign policy and ROK-U.S. relations.
Amendments to financial laws target gaps exposed by TMON-Wemakeprice crisis but may limit market competition
As mobile games fall out of favor and Chinese competitors emerge, South Korean developers strive to remain relevant
The 2025 budget accelerates short-term innovation, but chaebol dominance and talent gaps persist
Government funding boosts R&D, but weak horizontal integration and supply chain vulnerabilities could jeopardize push
Program offers 490 energy patents, but technological challenges and competition pose risks
The government pledges support measures for companies, but increasing national debt might limit financial capacity
Enhanced cooperation aims to reduce reliance on China, but environmental regulations and stiff competition pose hurdles
Breakthrough in US defense market offers tech gains and revenue potential, but regulatory challenges loom
High-tech, healthcare and defense sectors gain, while public housing, infrastructure and regional growth face cuts
Key reforms will likely include tiered contributions and a stabilization mechanism to ensure fund longevity
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