Business & Economy
South Korea’s COVID surge unveils cracks in pandemic defenses
Workplace policies and healthcare system strain highlight vulnerabilities as cases rise ninefold since mid-July
August 21, 2024
ROK-Shandong meeting signals Seoul’s intent to improve ties with China
South Korean trade negotiator and Shandong governor explore cooperation in supply chains, investment and new industries
August 21, 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
South Korean banks hike mortgage rates amid surging household debt
Despite rate hikes, expectations of higher property prices will likely keep driving loan demand among borrowers
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
Trilateral cooperation marks first anniversary amid leadership changes
U.S., South Korea and Japan celebrate progress, but Yoon likely to focus on economic cooperation to ensure durability
August 19, 2024
South Korea’s outdoor workers at risk as heat waves intensify
Experts call for stronger regulations and cultural change to protect workers from deadly heat
August 16, 2024
Yoon’s defense reshuffle and EV battery disclosure — Ep. 34
New appointments signal foreign policy priorities; voluntary disclosure of EV battery info raises concerns
August 16, 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
