Government’s new housing policy released on August 2nd 2017-08-07 Last week, the government announced additional measures to calm the overheated real estate market. The stronger new measures follow the government’s ... Listen
Moon administration’s economic policy outlook and 5 year agenda 2017-07-31 The government released its five-year agenda and economic policy outline this week, promising people-oriented, income-led growth to create ... Listen
Meaning behind minimum wage hike and challenges ahead 2017-07-24 On July 15th, the Minimum Wage Commission agreed to raise the minimum wage by 16.4 percent and the decision has become a much-talked about issue in ... Listen
BOK’s decision to revise upward the country’s economic growth outlook for this year 2017-07-17 The Bank of Korea upwardly revised the nation’s economic growth outlook for this year. It was the second upward revision this year following the ... Listen
The rise of Korea's semiconductor industry 2017-07-10 South Korea’s semiconductor industry is stirring up. Samsung Electronics, the world’s largest supplier of memory chips, announced that its new ... Listen
Economic issues discussed at the Korea-US Summit 2017-07-03 President Moon Jae-in and his US counterpart Donald Trump held their first bilateral summit last week. The two heads of state held talks at the White ... Listen
Economic trends of the first half of the year 2017-06-26 The Korean economy has wrapped the first half of 2017 with a positive outlook. Despite starting off the year under unfavorable political circumstances, ... Listen
US Federal Reserve’s interest rate hike and how it will affect the Korean economy 2017-06-19 The US Federal Reserve System raised interest rates on June 14th local time for the second time this year. With the rate hike, there are fears that ... Listen
Real estate market showing signs of overheating & household debt situation 2017-06-12 Korea’s real estate market is showing signs of overheating. Housing prices which had kept steady for some time suddenly saw a sharp rise, with apartment ... Listen
UHD Broadcasting Era Begins 2017-06-05 The age of ultra high-definition (UHD) broadcasting has begun in South Korea, with major local broadcasters beginning UHD broadcasts on May 31. ... Listen