Domestic Politics
South Korea’s 2025 budget proposal faces political and economic challenges
Plan boosts R&D funding but reduces disaster management and public housing budgets, sparking political conflict
August 28, 2024
Yoon Suk-yeol’s upcoming pension reform speech promises major changes
Key reforms will likely include tiered contributions and a stabilization mechanism to ensure fund longevity
August 26, 2024
Ethical dilemma looms over South Korea’s booming tear gas trade
Regulatory gaps and economic interests clash with ethical responsibilities as exports to questionable regimes increase
August 23, 2024
Interest rates, COVID surge and corporate hiring shifts — Ep. 35
BOK holds rates amid soaring household debt; COVID cases rise as conglomerates adapt hiring to aging workforce
August 23, 2024
Shin Won-sik: Hawkish ex-general as National Security Adviser
Appointment of Shin Won-sik signals shift toward assertive security stance, raises diplomatic concerns
August 22, 2024
South Korea’s job numbers grew in first quarter but COVID-19 surge casts shadow
Health and welfare job growth reflects demographic trends, but surging virus could derail economic recovery
August 22, 2024
Aging workforce threatens to dull South Korean conglomerates’ competitive edge
Chaebol increasingly lean on older workers instead of recruiting new talent, increasing costs and stifling innovation
August 20, 2024
South Korean banks hike mortgage rates amid surging household debt
Despite rate hikes, expectations of higher property prices will likely keep driving loan demand among borrowers
August 20, 2024
Lee Jae-myung’s re-election intensifies risks for businesses in South Korea
Opposition leader set to double down on stricter regulations, labor rights and opposing tax cuts as he challenges Yoon
August 19, 2024
Yoon’s defense reshuffle and EV battery disclosure — Ep. 34
New appointments signal foreign policy priorities; voluntary disclosure of EV battery info raises concerns
August 16, 2024
