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Banks preparing for possible resumption of inter-Korean projects

South Korean banks have stepped up preparations for a possible resumption of economic projects in North Korea, as a historic summit between US President Donald Trump and North Korean leader Kim Jong-...

Jun 14, 2018
Economy
Denuclearization talks may give momentum to new economic road map for 2 Koreas

President Moon Jae-in's "new economic road map" for the Korean Peninsula may get its needed momentum once North Korea's denuclearization gets on track, with details getting added to the unified marke...

Jun 14, 2018
Economy
Korea needs a boost to domestic demand

With the prospects for Korea’s exports in the coming years dimming, there is increased pressure to expand domestic demand, particularly by promoting service industries through drastic deregulation. ...

Jun 13, 2018
Economy
[US-NK Summit] Major research institutes, ministries join peace mood of US-NK summit

Think tanks expand NK economy research teams, ministries name senior experts as inter-Korean team chiefs

Jun 12, 2018
Economy
Weak manufacturing increases employment woes

Korea is lagging behind in global competition to enhance the productivity and employment of manufacturing industries, experts here say. Asia’s fourth-largest economy saw its manufacturing sector’s p...

Jun 11, 2018
Economy
Seoul’s stock market buzzes ahead of Trump-Kim summit

Experts warn against hasty anticipations, call caution on US, EU monetary policy changes

Jun 11, 2018
Economy
Self-employed biz earnings growth falls to 6-year low in 2017: report

The earnings growth rate for South Korea's self-employed businesses fell to a six-year low in 2017 amid social and economic changes under way in Asia's fourth-largest market, official data showed Sun...

Jun 10, 2018
Economy
10 out of top 30 conglomerates cut number of workers in 2017: report

South Korea's leading business groups scaled back the number of employees on their payrolls in 2017 amid challenging market conditions and restructuring efforts undertaken by some industries, a repor...

Jun 10, 2018
Economy
Finance minister calls for corporate support in job creation, innovative growth

HANAM -- South Korea's top economic policymaker on Friday asked companies to do more to create jobs and spearhead innovative growth in the latest appeal to the business community to join the governme...

Jun 8, 2018
Economy
Finance minister vows actions for income inequality, tones down on wage

Kim tries to win back policy leadership amid recent ‘wage impact’ feud with Blue House

Jun 7, 2018
Economy
NK thaw signals end to export-driven economy: Herald forum

A tectonic shift is unraveling in and around the Korean Peninsula, especially in the wake of rapprochement mood and signs of denuclearization in North Korea, as well as trade war threats in East Asia...

Jun 7, 2018
Economy
Key economic, political events could rock local stock market

Investors are keeping close tabs on various scenarios that could potentially lead to a "June crisis" amid key global market-moving and political events, observers here said Thursday. Increased volat...

Jun 7, 2018
Economy
[Monitor] Disparity in private education spending widens

The amount of private tuition spent by the highest income group in South Korea is 27 times larger than those spent by the lowest income households, latest data by Statistics Korea showed. Private tu...

Jun 5, 2018
Economy
Korea's current account surplus amounts to $1.77b for April

South Korea's current account surplus contracted to a six-year low in April due to a decrease in the goods account and a sharp rise in dividend payouts, but a turnaround in Chinese visitors helped na...

Jun 5, 2018
Economy
Moon's wage hike plan could dampen employment: think tank

KDI report reflects ministry’s concerns on Cheong Wa Dae’s drastic minimum wage hike initiative

Jun 4, 2018
Economy

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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