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More articles by 'John Lee'
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
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
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
Lee Jae-myung’s re-election intensifies risks for businesses in South Korea
Opposition leader set to double down on stricter regulations, labor rights and opposing tax cuts as he challenges Yoon
August 19, 2024
Electric vehicle fires expose risks for ROK of relying on Chinese batteries
Seoul is urging transparency as automakers navigate supply chain disruptions, political tensions and reputational damage
August 14, 2024
Loan scandal at Woori Bank highlights systemic issues in ROK financial sector
Weak internal controls and concentrated power spark concerns over stability and regulatory effectiveness
August 12, 2024
South Korea confronts underpriced stock market, but shirks chaebol reform
Seoul is relying on voluntary measures to tackle Korea Discount, even as weak corporate governance plagues investors
August 9, 2024
How South Korea’s tax overhaul could exacerbate sky-high real estate prices
First major tax change in decades risks increasing housing inequality and economic volatility by cutting inheritance tax
August 7, 2024
South Korea braces for economic turbulence following Japan’s interest rate hike
The Bank of Japan’s unexpected rate hike could trigger currency volatility and capital outflows from the ROK
August 1, 2024
Liquidity crisis prompts $404 million in government aid for South Korean SMEs
Move addresses impact of unpaid sales proceeds from Wemakerprice and TMON but carries economic and regulatory risks
July 30, 2024
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