The Korea Herald

German investors in Korea voice concerns over new labor policies

Sept 8, 2017

A number of German investors in Korea have voiced skepticism regarding the new Moon Jae-in administration’s income-led growth economic policies, and to what extent it will lead to increased labor pr...
US lawmakers urge Trump to keep S. Korea trade agreement

Sept 8, 2017

A bipartisan group of American lawmakers Thursday urged President Donald Trump to keep the US free trade agreement with South Korea amid a deepening security crisis on the Korean Peninsula. In a let...
Boosting female workforce is solution to aging society problems: IMF chief

Sept 7, 2017

‘Closing gender gap in labor market could become economic game-changer in Asia’
White House denies Trump’s claim of KORUS FTA withdrawal

Sept 7, 2017

Washington appears to be retracting US President Donald Trump’s claims that the US is looking to terminate the Korea-US Free Trade Agreement, said a report by Inside US Trade on Thursday. According...
People paying maximum healthcare premiums rise steadily in past years: data

Sept 7, 2017

The number of salaried people paying the maximum amount of national health insurance premiums has risen gradually over the past few years amid a steady increase in high income earners, government dat...
Chuseok holiday to have mixed effect on S. Korean economy: experts

Sept 7, 2017

The 10-day holiday starting late September will likely have mixed effects on South Korea's economy struggling to cope with trade sanctions imposed by China over a missile row, growing protectionism f...
US not planning to withdraw from S. Korea trade deal for now: report

Sept 7, 2017

The United States does not plan to withdraw from its free trade agreement with South Korea for now, a report quoted sources as saying Wednesday. According to Inside US Trade, the White House assured...
Korea’s fiscal soundness on shaky ground

Sept 6, 2017

Doubts are rising over the government’s assertion that the country’s fiscal soundness can be maintained even if public spending increases at a faster pace than economic growth during President Moon J...
[Monitor] Income gap between single-, doouble-income households narrows

Sept 6, 2017

The income gap between single-income and double-income households for the second quarter this year decreased to the narrowest level since the fourth quarter of 2015, data from Statistics Korea showed...
Tax-to-GDP ratio needs to top 35% by 2060 to meet growing welfare programs: report

Sept 6, 2017

South Korea's tax-to-GDP ratio needs to surpass the 35 percent mark by 2060 to meet the government's social welfare-related spending plan, a local think tank said Wednesday. The report by the Korea ...
ILO chief urges ‘quick’ resolution on outlawed teachers and civil servants unions

Sept 6, 2017

The chief of the International Labor Organization said Wednesday that there is a need to "quickly" address the legal status of South Korea's outlawed teachers and public servants unions, urging the g...
Korea to give rice aid to developing nations

Sept 6, 2017

South Korea plans to give rice to developing nations after it joins an international food assistance convention as part of its ambition to stabilize the local rice supply and help the needy around th...
Korea‘s economic recovery remains feeble: KDI

Sept 6, 2017

South Korea's economic recovery pace remains weak and feeble due mainly to the prolonged slump in private consumption, a state-run think tank said Wednesday. "Signs of a slowdown have stabilized on ...
Japanese tourists to S. Korea feared to dip on NK nuke test

Sept 6, 2017

The number of Japanese visitors to South Korea may decrease in the wake of North Korea's latest nuclear test, industry sources said Wednesday. Japanese tourists to Seoul have tended to slip whenever...
US lawmakers voice opposition to withdrawal from Korea trade deal

Sept 6, 2017

WASHINGTON -- A group of bipartisan US lawmakers on Tuesday voiced opposition to President Donald Trump's plans to weigh a possible withdrawal from the US free trade agreement with South Korea. In a...