Economy
Written: 2023-05-14 13:37:32 / Updated: 2023-05-14 13:43:22
The nation posted an average fiscal deficit of more than 30 trillion won in February and March due to reduced tax revenues.
According to the Finance ...
Economy
Written: 2023-05-12 17:30:16 / Updated: 2023-05-12 18:54:19
Debt-ridden Korea Electric Power Corporation or KEPCO has reported an operating loss of over six trillion won for this year’s first quarter alone.
The ...
Economy
Written: 2023-05-12 15:44:41 / Updated: 2023-05-12 15:45:07
The benchmark Korea Composite Stock Price Index(KOSPI) fell 15-point-58 points, or zero-point-63 percent, on Friday, to close the week at two-thousand-475-point-42.
The ...
Economy
Written: 2023-05-12 14:15:18 / Updated: 2023-05-12 16:51:31
The government assessed that the domestic economy is in the midst of a downturn for the fourth consecutive month.
According to a report by the finance ...
Economy
Written: 2023-05-12 11:23:27 / Updated: 2023-05-12 14:57:41
The debt-ridden Korea Electric Power Corporation(KEPCO) announced a plan to improve its finances and save over 25 trillion won over the next three ...
Economy
Written: 2023-05-11 16:05:55 / Updated: 2023-05-11 16:13:58
South Korea's fiscal deficit has reached 54 trillion won in the first three months of this year, nearing the government's annual projection ...
Economy
Written: 2023-05-11 15:51:02 / Updated: 2023-05-11 15:55:59
The benchmark Korea Composite Stock Price Index(KOSPI) fell five-point-51 points, or zero-point-22 percent, on Thursday, to close the day at ...
Economy
Written: 2023-05-11 14:45:09 / Updated: 2023-05-11 16:35:36
The Korea Development Institute(KDI) has lowered the nation’s economic growth outlook for this year from one-point-eight percent to one-point-five ...
Economy
Written: 2023-05-11 10:33:39 / Updated: 2023-05-11 10:46:55
The downward trend in exports is continuing with outbound shipments in the first ten days of May declining by over ten percent on-year.
According ...
Economy
Written: 2023-05-10 17:22:20 / Updated: 2023-05-10 17:23:11
The government is expected to announce electricity rate hikes on Thursday that will go into effect in the second quarter.
Observers say that ...