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December 28, 2024
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Business & Economy

Fed cuts interest rates by 0.5%, narrowing gap with South Korea
Briefings

Fed cuts interest rates by 0.5%, narrowing gap with South Korea

US policy rate cut may lead to exchange rate volatility, threatening South Korea’s growth and export strength

Fed cuts interest rates by 0.5%, narrowing gap with South Korea
KOREA PROKOREA PRO September 20, 2024
Homelessness in South Korea remains underreported and under-supported
Analysis

Homelessness in South Korea remains underreported and under-supported

Despite a decline, experts highlight critical gaps in housing access and essential services for vulnerable groups

Homelessness in South Korea remains underreported and under-supported
Joon Ha ParkJoon Ha Park | Shreyas Reddy September 19, 2024
South Korea’s game developers bet big on consoles as global market heats up
Analysis

South Korea’s game developers bet big on consoles as global market heats up

As mobile games fall out of favor and Chinese competitors emerge, South Korean developers strive to remain relevant

South Korea’s game developers bet big on consoles as global market heats up
John LeeJohn Lee September 18, 2024
South Korea weighs university admissions overhaul to address growing inequality
Analysis

South Korea weighs university admissions overhaul to address growing inequality

Proposal aims to spread opportunities nationwide, but experts worry about the impact on quality and competitiveness

South Korea weighs university admissions overhaul to address growing inequality
Joon Ha ParkJoon Ha Park September 17, 2024
Yoon faces record-low approval, suggesting conservative base fracture
Briefings

Yoon faces record-low approval, suggesting conservative base fracture

With public dissatisfaction rising, Yoon’s domestic agenda, including pension reform, face mounting resistance

Yoon faces record-low approval, suggesting conservative base fracture
KOREA PROKOREA PRO September 17, 2024
South Korea’s innovation drive faces long-term risks despite R&D spending surge
Analysis

South Korea’s innovation drive faces long-term risks despite R&D spending surge

The 2025 budget accelerates short-term innovation, but chaebol dominance and talent gaps persist

South Korea’s innovation drive faces long-term risks despite R&D spending surge
John LeeJohn Lee September 16, 2024
South Korea and China extend ferry lifespan to 15 years to stabilize routes
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

South Korea and China extend ferry lifespan to 15 years to stabilize routes
KOREA PROKOREA PRO September 16, 2024
AI in military, data privacy and illegal money lenders — Ep. 38
Podcast

AI in military, data privacy and illegal money lenders — Ep. 38

Jeongmin and John discuss the military AI conference, new data collection rules and a crackdown on illegal lending

AI in military, data privacy and illegal money lenders — Ep. 38
KOREA PROKOREA PRO September 13, 2024
Yoon administration backs ‘flexible’ labor to boost economic growth
Briefings

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

Yoon administration backs ‘flexible’ labor to boost economic growth
KOREA PROKOREA PRO September 13, 2024
South Korea’s financial watchdog tightens grip on illegal money lenders
Briefings

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

South Korea’s financial watchdog tightens grip on illegal money lenders
KOREA PROKOREA PRO September 12, 2024
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