May 18, 2024
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Business & Economy

Why South Koreans pursue convenience store dreams in an oversaturated market
Analysis

Why South Koreans pursue convenience store dreams in an oversaturated market

An unforgiving job market is driving self-employment, but new business owners quickly find the odds stacked against them

Why South Koreans pursue convenience store dreams in an oversaturated market
John LeeJohn Lee February 27, 2024
South Korea plans to lift military protection zones in economic drive
Briefings

South Korea plans to lift military protection zones in economic drive

Amid looming parliamentary elections, land release strategy aims to bolster high-tech industrial growth

South Korea plans to lift military protection zones in economic drive
KOREA PROKOREA PRO February 27, 2024
South Korea boosts defense exports amid escalating global tensions
Briefings

South Korea boosts defense exports amid escalating global tensions

Increased Eximbank fund aims to aid ROK defense firms in securing large-scale defense contracts, but risks remain

South Korea boosts defense exports amid escalating global tensions
KOREA PROKOREA PRO February 26, 2024
Yoon’s plan to ease greenbelt regulations promises jobs, poses risks
Briefings

Yoon’s plan to ease greenbelt regulations promises jobs, poses risks

Plan to replace conservation areas with tech hubs likely to spark debate on economic benefits versus environmental costs

Yoon’s plan to ease greenbelt regulations promises jobs, poses risks
KOREA PROKOREA PRO February 23, 2024
Singlehood surges in South Korea as youth rethink marriage
Analysis

Singlehood surges in South Korea as youth rethink marriage

Economic pressures and personal goals lead to varied family units, reflecting changing societal norms and policy needs

Singlehood surges in South Korea as youth rethink marriage
Lina ParkLina Park February 22, 2024
Why South Korea’s e-commerce boom faces global integration hurdles
Analysis

Why South Korea’s e-commerce boom faces global integration hurdles

Record sales spurred by Chinese platforms contrast with challenges in growing Korea’s digital market presence abroad

Why South Korea’s e-commerce boom faces global integration hurdles
Irina KorgunIrina Korgun February 20, 2024
South Korea-Japan transport talks resume after eight-year hiatus
Briefings

South Korea-Japan transport talks resume after eight-year hiatus

Renewed dialogue will likely serve as platform to address demographic challenges, carbon neutrality in transport

South Korea-Japan transport talks resume after eight-year hiatus
KOREA PROKOREA PRO February 19, 2024
Poverty and increased life expectancy mean many senior South Koreans must work
Analysis

Poverty and increased life expectancy mean many senior South Koreans must work

But labor market for elderly Koreans is plagued by low-wages, lack of stability and few opportunities

Poverty and increased life expectancy mean many senior South Koreans must work
Lina ParkLina Park February 15, 2024
New legislation to protect cryptocurrency exchange users faces mixed reactions
Analysis

New legislation to protect cryptocurrency exchange users faces mixed reactions

Some experts raise concerns that stringent regulations could prove too challenging for local blockchain enterprises

New legislation to protect cryptocurrency exchange users faces mixed reactions
Joon Ha ParkJoon Ha Park February 14, 2024
South Korea extends grace period for SMEs to delay taxation as larger firms
Briefings

South Korea extends grace period for SMEs to delay taxation as larger firms

The move aims to alleviate growth fears for smaller firms, but likely not fiscally sustainable

South Korea extends grace period for SMEs to delay taxation as larger firms
KOREA PROKOREA PRO February 14, 2024
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