Business & Economy
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
March 21, 2024
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
March 20, 2024
South Korea seeks trade gains with UK, Lithuania amid global tensions
Seoul aims to diversify partnerships and maintain export competitiveness but risks alienating China
March 20, 2024
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
March 14, 2024
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
March 13, 2024
Wrongful terminations spike as South Korean job market evolves
Changing dynamics and rising awareness expose disparities between large and small firms, risking legal disputes
March 12, 2024
South Korea’s financial regulator urges compensation for stock derivative losses
Financial Supervisory Service advisory raises concerns over effectiveness and adequacy in addressing investors’ losses
March 12, 2024
South Korean food prices soar as agricultural, livestock costs surge in February
High agricultural inflation rates could sway voters if the government fails to stabilize costs in the coming month
March 11, 2024
South Korea’s retail war pits consumer convenience against worker welfare
Supermarket workers and small businesses push back against government’s plan to prioritize consumer needs over welfare
March 7, 2024
Environmental woes mount as South Korea pushes industrial expansion
Despite evidence of harm, experts and NGOs accuse the government of downplaying concerns, favoring industrial interests
March 6, 2024
