Business & Economy
South Korea slashes budget to support foreign laborers, even as workforce grows
Dozens of support centers set to close after Yoon administration cuts millions in funding, provoking widespread concern
December 26, 2023
South Korea grapples with how to balance economic growth and green goals
Seoul’s cautious approach has seen it position itself as supplier of key tech while continuing to rely on fossil fuels
December 25, 2023
China’s export restrictions test South Korea’s supply chain resilience
Seoul races to secure essential minerals, but continuing trend of Chinese export restrictions exposes vulnerabilities
December 25, 2023
South Korean political parties strike deal on 2024 budget amid election pressure
Ruling and opposition unite over national budget, focusing on R&D and regional projects in pre-election move
December 21, 2023
South Korea faces cybersecurity crisis amid R&D budget cuts
The Yoon administration’s reduction in R&D funding raises concerns over national cyber defense capabilities
December 19, 2023
BOK’s digital currency experiment reflects global trend, faces challenges
BOK’s collaboration with LG CNS on CBDC development aims to streamline finance amid monetary policy concerns
December 19, 2023
How South Korea’s industry minister nominee will implement Yoon’s trade strategy
Ahn Duk-geun will likely pursue targeted bilateral agreements to overcome protectionism and enhance domestic industries
December 18, 2023
South Korea warily opens its forex market, eyeing growth but fearing instability
Experts welcome Seoul’s plans to expand trading hours and open to international investors, despite inherent risks
December 15, 2023
South Korea eases foreign investors’ access to domestic securities amid risks
New policy ends foreign investor registration but raises concerns over market stability and control
December 15, 2023
Seoul’s glitzy pet stores peddle puppies as shelters overflow with unwanted dogs
Activists are pushing legislation to reform South Korea’s animal sales, but face stiff opposition from pet industry
December 13, 2023
