Business & Economy
South Korea sees decline in union membership amid confrontation with government
A decade of union growth comes to a halt in the face of strong political opposition and deteriorating public perception
January 24, 2024
Experts call for action amid South Korea’s rapid demographic change
The rise in foreign residents triggers a broader debate on multiculturalism and the need for improved societal cohesion
January 23, 2024
South Korea’s economic package sparks concerns of domestic, global consequences
Economic strategy focuses on industry giants, possibly sidelining SMEs and deepening inequality
January 22, 2024
South Korea to triple prison sentences to battle unprecedented tech leaks
New legal initiatives aim to fortify South Korea’s technological edge against foreign espionage
January 22, 2024
South Korea contemplates defense role in Red Sea tensions
Potential coalition role puts Seoul’s diplomatic and military prowess under the spotlight
January 18, 2024
Yoon’s tax reform proposals face partisan gridlock amid national debt concerns
South Korean president’s tax vision comes amid increasing national debt and reduced tax revenue, faces political reality
January 18, 2024
Why South Korean semiconductor firms face opportunities and pitfalls in Japan
Due to potential policy shifts, firms like Samsung Electronics weigh costs and benefits of investing in Japan
January 17, 2024
Yoon Suk-yeol pushes for delay in industrial safety law amid SME struggles
With general elections looming, time is running out to delay full implementation of the Serious Accident Punishment Act
January 17, 2024
Brazilian aircraft procurement sparks industry concerns in South Korea
Decision to acquire Brazilian transport aircraft serves immediate defense needs but impacts domestic aerospace industry
January 16, 2024
South Korea bets on semiconductor mega cluster for global edge
Mega cluster investment promises economic growth but faces opposition party scrutiny amid need for nuclear power
January 16, 2024
