Business & Economy
South Korea’s 2025 budget proposal prioritizes innovation, future technologies
Reversal in budget priorities likely a belated attempt to rectify earlier decision, support semiconductor industry
South Korea, Romania emphasize deepening ties amid global uncertainties
Seoul looks to Bucharest for defense and energy cooperation, even as legal disputes with Westinghouse persist
Corporate influence in South Korean sports sparks outrage, and calls for reform
Experts say ROK teams need outside funding to survive but emphasize need for transparency in sports management
South Korea’s soft landing plan faces headwinds amid Fed rate freeze
BOK’s warning and Fed’s rate freeze decision put pressure on South Korean government’s soft landing efforts
South Korean proposal to pay foreigners less sparks uproar over worker rights
Debate is intensifying over plan to address elderly care shortage by recruiting foreigners at sub-minimum wage
South Korea eyes joining G7, but faces hurdles amid democratic backsliding
Bid to join elite group will depend on ability to address domestic and global challenges, including risks for China ties
South Korea seeks trade gains with UK, Lithuania amid global tensions
Seoul aims to diversify partnerships and maintain export competitiveness but risks alienating China
South Korea, Saudi Arabia deepen defense ties amid regional risks
Al-Otaibi’s visit highlights growing partnership, challenges as Seoul aims for global arms market
South Korea’s military drone ambitions face challenges amid global competition
Defense firms hope UAVs will be next big export, but experts say underdeveloped systems still hinder ROK’s potential
Wrongful terminations spike as South Korean job market evolves
Changing dynamics and rising awareness expose disparities between large and small firms, risking legal disputes