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![[Law Talk] Unexposed risks of the Serious Accidents Punishment Act: Business owners facing liability beyond the workplace](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/08/29/20210829000139_0.jpg)
[Law Talk] Unexposed risks of the Serious Accidents Punishment Act: Business owners facing liability beyond the workplaceAug 29, 2021Amid recurring industrial accidents such as the 2018 Taean Power Plant tragedy, the 2020 Icheon fire incident, and the death of a worker at Pyeongtaek Port in April, social interest regarding the nee... -
Industrial accidents cause economic losses of W30tr in 2020: dataAug 29, 2021Industrial accidents at workplaces caused an estimated loss of nearly 30 trillion won ($25.6 billion) last year, data showed Sunday, with the country seeking to impose heavy punishment on employers i... -
S. Korea, IDB ink loan program for Latin AmericaAug 27, 2021South Korea on Friday inked an agreement to expand a joint loan facility program with the Inter-American Development Bank (IDB) in a bid to support infrastructure development in Latin America. Finan... -
Exports expected to jump 34.5% in August on chips, autos: pollAug 27, 2021South Korea's outbound shipments are predicted to increase 34.5 percent on-year in August on strong global demand for chips and automobiles despite the protracted COVID-19 pandemic, a poll showed Fri... -
Korea to deliver W11tr in subsidies before ChuseokAug 26, 2021South Korea will launch another round of COVID-19 cash handouts for nearly 90 percent of Koreans, as well as other financial support for small merchants, before the Chuseok holiday in September. Aut... -
![[News Focus] National debt surges W100tr in just 9 months](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/08/26/20210826000003_0.jpg)
[News Focus] National debt surges W100tr in just 9 monthsAug 26, 2021Korean government’s debt-to-GDP ratio headed for 50% -
Under inflationary pressure, central bank lifts key rate, hints at more hikesAug 26, 2021South Korea’s central bank on Thursday carried out its first rate hike since the pandemic began, marking a major turnaround from its expansionary stance that had been proactively deployed to buttress... -
Jobs for wage workers grow at slower pace in Q1 amid pandemicAug 26, 2021The number of jobs for wage workers in South Korea grew at a slower pace in the first quarter than three months earlier due to slumps in in-person service sectors amid the pandemic, data showed Thurs... -
BOK delivers 1st pandemic-era rate hike amid rising inflation, household debtAug 26, 2021South Korea's central bank delivered its first pandemic-era rate hike Thursday to fight rising inflation and rein in surging household debts, ending 15 months of record-low interest rates as the econ... -
Govt. to dole out cash handouts to ordinary people before Chuseok holiday: ministerAug 26, 2021Finance Minister Hong Nam-ki said Thursday the government plans to provide pandemic emergency relief funds to people hit hard by the pandemic before next month's fall harvest Chuseok holiday. The co... -
Regulator tightens curbs on bank credit loans to tackle household debtAug 26, 2021South Korea's financial authorities have called on local banks to tighten their screening for unsecured loans as part of efforts to cope with rising household debt, sources said Thursday. The Financ... -
Is South Korea headed for asset bubble collapse?Aug 25, 2021Skeptics call snowballing household debt in overheated markets a recipe for disaster, but others deny bubble exists -
S. Korea to prioritize supplying homes to stabilize prices: ministerAug 25, 2021Finance Minister Hong Nam-ki said Wednesday the government will focus on supplying homes as planned in the second half in a bid to curb high-flying home prices. The minister said a tight supply for ... -
GM Korea workers OK company's wage offerAug 24, 2021Unionized workers at GM Korea Co., the South Korean unit of General Motors Co., accepted the company's revised wage proposals for the year, the union said Tuesday. In their second vote held Monday a... -
Korea plans another W605tr 'super budget' for 2022Aug 24, 2021South Korea plans to draw up another record-breaking budget of some 605 trillion won ($518.4 billion) for next year to strengthen the nation’s social safety net largely hurt by the prolonged pandemic...
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