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#Key Business Issue

Economic Policy Directions for 2022

2021-12-27

On December 20, the government announced its economic policy directions for next year. The 2022 policy goal is to overcome the COVID-19 pandemic ...

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S. Korea, Australia Agree to Enhance Cooperation in Key Minerals, Defense

2021-12-20

South Korea and Australia marked the 60th anniversary of diplomatic relations this year. During South Korean President Moon Jae-in’s visit ...

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U.S. Diplomatic Boycott of Beijing Olympics

2021-12-13

The 2018 PyeongChang Winter Olympics in South Korea brought together leaders from around the world. The opening ceremony was attended by then-Japanese ...

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Omicron’s Potential Impact on Korean Economy

2021-12-06

The new COVID-19 variant, omicron, is spreading across the globe escalating tension across the entire world. According to major foreign media ...

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Samsung Electronics to Build New U.S. Foundry in Taylor, Texas

2021-11-29

Samsung Electronics has decided to invest 17 billion US dollars in constructing its new semiconductor fabrication plant, or foundry, in Taylor, ...

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Paradox of Carbon Neutrality

2021-11-22

A reduction in coal use comprises the key of the “Glasgow Climate Pact” that has been adopted at the recent U.N. climate talks attended ...

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Urea Shortages

2021-11-15

The ongoing supply crunch of urea water solution is rattling South Korea. Fears are growing that the shortage of the material may cause disruptions ...

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‘Living with COVID-19’ Raises Hopes for Economic Rebound

2021-11-08

South Korea has entered the so-called “living with COVID-19” phase to start a gradual return to normal life, about 22 months after ...

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S. Korea’s Annual Trade Volume Surpasses US$1 Trillion at Fastest Pace Yet

2021-11-01

South Korea’s annual trade volume has exceeded 1 trillion US dollars within the shortest period of time. 1 trillion dollars is the price of ...

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S. Korea Launches Self-developed Space Rocket Nuri

2021-10-25

South Korea’s first homegrown space launch vehicle Nuri blasted off from the Naro Space Center in the country’s southwestern coastal ...

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