Economy

S. Korea Government to ease 167 regulations related to people’s livelihoods Economy

S. Korea Government to ease 167 regulations related to people’s livelihoods

South Korea will ease 167 regulations closely related to people's livelihoods to revitalize the local economy and to giv...
Registration Process for Foreign FIs Begins, More than 30 Institutions Want to Participate Economy

Registration Process for Foreign FIs Begins, More than 30 Institutions Want to Participate

The Guidelines on the Foreign Exchange Affairs of Foreign Financial Institutions (FI) that regulate details for the fore...
Image credit: www.solvencyiiwire.com Economy

Fitch maintains Korea’s credit rating at AA-

International credit rating agency Fitch maintained Korea's national credit rating at 'AA-, stable'. The Ministry of Str...
 Meeting to Review the Impact of Israel-Hamas Conflict on the Financial Markets and Real Economy Economy

 Meeting to Review the Impact of Israel-Hamas Conflict on the Financial Markets and Real Economy

Deputy Prime Minister Kyungho Choo convened a meeting on financial markets and the real economy attended by senior offic...
  Economy

 New Guidelines to Boost Foreign Participation in Korea’s FX Market

In a significant move to boost foreign participation in Korea’s foreign exchange (FX) market, the Ministry of the Econom...
Asian Economies Forecasted to grow 4.7% Economy

Asian Economies Forecasted to grow 4.7%

ADB: Korean Economy Expected to Grow 1.3% in 2023, Asian Economies Forecasted to grow 4.7% - Asian Development Outlook, ...
Key Outcomes of Bilateral Talks with African Finance Ministers at KOAFEC Economy

Key Outcomes of Bilateral Talks with African Finance Ministers at KOAFEC

Deputy Prime Minister Kyungho Choo met with Finance Ministers of major countries among 38 African countries, who visited...
south korea house income decreases Economy

Household Income Statistics of Q2, 2023 Shows Gross Income Decreases by 0.8%

The total household income of the second quarter of 2023 decreased by 0.8% due to the base effects of the income growth ...
 US Issued an Executive Order on Addressing US Investments in Countries of Concern Economy

 US Issued an Executive Order on Addressing US Investments in Countries of Concern

The US government issued an executive order on August 9 on regulating US investments in cutting-edge technology sectors ...
K Monsoon Economy

Special Disaster Zones Declared for 13 Areas Severely Affected by Monsoon

More than a dozen regions nationwide have been designated "special disaster zones" now eligible to receive state funds f...