Economy

IMF Praises South Korea’s Economic Resilience, Warns of Challenges Ahead Economy

IMF Praises South Korea’s Economic Resilience, Warns of Challenges Ahead

On Nov. 20 2024, The International Monetary Fund (IMF) has commended South Korea for its strong economic fundamentals an...
Temporary suspension of application of 263 regulations…  Expected to create an economic effect of approximately ‘4 trillion won+’ Economy

Temporary suspension of application of 263 regulations… Expected to create an economic effect of approximately ‘4 trillion won+’

Height limit for semiconductor industrial complex eased to 150m... Building expansion permitted The government confirms ...
Korean Hotels no longer provide free toiletries from March 2024 Economy

Korean Hotels no longer provide free toiletries from March 2024, and other new laws

Starting in March, hotels will no longer be able to provide convenience items such as disposable toothbrushes for free. ...
The area around Namsa-eup, Cheoin-gu, Yongin-si, Gyeonggi-do, designated as a large-scale system semiconductor national industrial complex. (Source: Google Earth) Economy

Goheung-Uljin national industrial complexes are exempted from preliminary data… Accelerating high-tech industry cluster

Ministry of Strategy and Finance announces customized support plan for high-tech industry clusters... Shortened pre-tria...
인스파이어 외부 전경. (사진=문화체육관광부) Economy

Foreigners-only casino opens for the first time in 19 years

Ministry of Culture, Sports and Tourism grants permission to operate ‘Inspire’, first permit based on the Free Economic ...
2023 Korean Broadcasting Media User Behavior Survey released by KCC Economy

2023 Korean Broadcasting Media User Behavior Survey released by KCC

KCC (Korea Communication Commission) announced the 2023 Korean Broadcasting Media User Behavior Survey, Over-The-Top (OT...
한-GCC 자유무역협정(FTA) 협상 최종 타결 공동선언문 서명식(출처: 산업통상자원부) Economy

Korea concludes FTA negotiations with six Gulf countries… Laying the foundation for the Middle East boom

Abolition of tariffs on many major export items... Expected to improve price competitiveness of Korean cars Korea has co...
The Oulim in Tokyo Unveils Spectacular Opening Ceremony, Pledging Japan-Korea Cultural Content Exchange Economy

The Oulim in Tokyo Unveils Spectacular Opening Ceremony, Pledging Japan-Korea Cultural Content Exchange

"The Oulim in Tokyo," a global festival of new technology fusion contents organized by the Ministry of Culture, Sports a...
100 attractions in Korea Economy

100 Must-visit Tourist Spots in Korea

The Korean Ministry of Culture, Sports and Tourism (MCST), in joint cooperation with the Korea Tourism Organization (KTO...
Target site for public housing complex in Nokbeon Station, Seoul. Economy

A new Urban Complex District combining Seoul Nokbeon Station, Sagajeong Station, and Yongma Tunnel

District designation completed with consent from more than two-thirds of residents… A total of 16,000 units. The photo s...