Economy
Written: 2022-07-01 09:31:46 / Updated: 2022-07-01 15:11:03
Fees of public utilities, such as electricity and gas, have been increased amid soaring prices.
Starting Friday, the price of electricity ...
Economy
Written: 2022-07-01 08:52:24 / Updated: 2022-07-01 17:39:23
The fuel tax cut has been expanded to the newly introduced maximum legal cap of 37 percent.
This tax reduction cap was increased from the previous ...
Economy
Written: 2022-06-30 15:55:28 / Updated: 2022-06-30 16:47:20
The government expects electricity demand this summer to peak around the second week of August and has asked that industries cooperate by allowing ...
Economy
Written: 2022-06-30 15:39:05 / Updated: 2022-06-30 16:47:33
The benchmark Korea Composite Stock Price Index(KOSPI) fell 45-point-35 points, or one-point-91 percent, on Thursday, closing the day at two-thousand-332-point-64.
The ...
Economy
Written: 2022-06-30 14:37:16 / Updated: 2022-06-30 15:26:20
Samsung Electronics has begun producing semiconductors using a three-nanometer process, becoming the world's first chipmaker to do so.
The ...
Economy
Written: 2022-06-30 12:18:14 / Updated: 2022-06-30 15:10:33
Starting Friday, the government will expand fuel tax cuts from the current 30 percent to 37 percent.
According to the government's policy revisions ...
Economy
Written: 2022-06-30 09:24:24 / Updated: 2022-06-30 13:07:22
Industrial output and investment rebounded in May, but consumption slightly decreased.
Statistics Korea said on Thursday that the index ...
Economy
Written: 2022-06-30 08:52:46 / Updated: 2022-06-30 11:04:04
Business sentiment worsened in June due to concerns about soaring prices and economic slowdown.
According to the Bank of Korea(BOK) on Thursday, ...
Economy
Written: 2022-06-30 08:19:36 / Updated: 2022-06-30 10:25:00
Next year's minimum wage has been set at nine-thousand-620 won per hour, up five percent from this year.
The Minimum Wage Commission, the rate-setting ...
Economy
Written: 2022-06-29 18:44:39 / Updated: 2022-06-30 09:59:25
Companies plan to hire more employees this year, as the COVID-19 pandemic shows signs of abating.
According to the Ministry of Employment ...