Business & Economy
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
September 16, 2024
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
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
September 13, 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
South Korea bets $205M on semiconductor packaging to maintain competitiveness
Government funding boosts R&D, but weak horizontal integration and supply chain vulnerabilities could jeopardize push
September 11, 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’s patent sharing program gives SMEs a boost but big firms loom large
Program offers 490 energy patents, but technological challenges and competition pose risks
September 9, 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
Kim Moon-soo: From activist to conservative politician, his own worst enemy
Labor minister’s ideological shifts and self-inflicted controversies risk undermining his credibility and effectiveness
September 6, 2024
