Goldman Sachs warns of increased economic risks in South Korea due to political instability, including martial law and impeachment proceedings. The forecast for 2025 growth rate is...
Domestic companies are on high alert amid the aftermath of President Yoon Suk Yeol's martial law and the opposition parties' push for his impeachment. With the prolonged economic d...
South Korea's economic policies face significant turbulence due to political gridlock, with 1,764 economic bills pending in various committees of the National Assembly. The ongoing...
The Democratic Party of Korea has proposed an additional 700 billion won budget cut, bringing the total reduction to 4.8 trillion won. This decision reflects the current political ...
The political crisis in South Korea has significantly impacted various industries, particularly the hospitality and tourism sectors. Year-end events and reservations have been canc...
The rejection of the impeachment motion against President Yoon Suk Yeol in South Korea has raised concerns about potential economic fallout, including a possible plummet in the Kor...
South Korea's job market saw a sluggish growth in 2023 with only 200,000 new jobs created, marking the lowest annual increase on record. The job market dynamics shifted with a decl...
Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok assures market stability amid political uncertainty, emphasizing government's determination to tackle domest...
