Business & Economy
South Korea’s pension overhaul faces generational and political hurdles
Yoon’s plan to differentiate premium rates faces resistance from Democratic Party-controlled National Assembly
August 30, 2024
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
South Korea’s childcare experiment: Balancing labor needs and ethics
Concerns arise regarding accessibility for low-income families and potential exploitation of foreign workers
August 28, 2024
South Korea’s 2025 budget proposal faces political and economic challenges
Plan boosts R&D funding but reduces disaster management and public housing budgets, sparking political conflict
August 28, 2024
Grit meets glamour: The story of South Korea’s unique automotive subculture
In a culture obsessed with rapid response, wrecker drivers transform their vehicles into eye-catching works of art
August 27, 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
Hanwha Aerospace launches first overseas defense plant in Australia
New facility in Geelong set to produce howitzers and armored vehicles, boosting ROK-Australia defense ties
August 26, 2024
Ethical dilemma looms over South Korea’s booming tear gas trade
Regulatory gaps and economic interests clash with ethical responsibilities as exports to questionable regimes increase
August 23, 2024
Interest rates, COVID surge and corporate hiring shifts — Ep. 35
BOK holds rates amid soaring household debt; COVID cases rise as conglomerates adapt hiring to aging workforce
August 23, 2024
South Korea’s central bank holds rates steady for 13th consecutive time
Household debt at record $1.42 trillion drives Bank of Korea’s decision to hold rates ahead of U.S. Fed action
August 23, 2024
