Business & Economy
Seoul signals ‘step-by-step’ plan for weapons provision to Ukraine — Ep. 44
The Korea Pro team discusses Polish drone deployment and this week's major electricity price spike for major companies
October 25, 2024
IMF maintains Korea’s 2024 growth at 2.5%, cuts 2025 forecast to 2.2%
Per capita GDP expected to reach $36,132 this year, surpassing Asian competitors amid fiscal concerns
October 25, 2024
South Korea hikes electricity price for industrial giants amid financial crisis
Large firms face 10.2% rate increase while residential and commercial rates remain frozen
October 24, 2024
Rising loan delinquency increases financial uncertainty for South Korean banks
Bank of Korea rate cuts offer temporary relief, but increase in defaults highlights risks for SME and household loans
October 23, 2024
North Korean troops in Russia bring new economic risks for South Korea
With North Korea backing Russia in Ukraine, Seoul faces sanctions pressure, energy challenges and financial uncertainty
October 21, 2024
South Korea prepares for major capital inflows with global bond index entry
With FTSE WGBI entry set for 2025, finance minister’s overseas trip focuses on ensuring smooth investment influx
October 21, 2024
South Korea’s electric bus market sees Chinese brands dominate sales
South Korea boosts hydrogen bus production and adjusts subsidy regulations to compete with cheaper Chinese models
October 18, 2024
South Korea introduces tougher penalties to combat high-tech sector leaks
New initiative aims to prevent leaks, but past failures raise doubts about the effectiveness of tougher penalties
October 18, 2024
Hyundai Mobis expands EV manufacturing in Slovakia with $257 million investment
New facility aims to boost production of Power Electric systems as European automakers face shifting market conditions
October 17, 2024
Trump’s potential return risks South Korea’s national security and economy
A second Trump presidency would leave Seoul facing defense and trade uncertainty and challenge Yoon’s alliance strategy
October 16, 2024
