The Korea Herald

Articles by Bae Hyun-jung

LATEST NEWS

October 29, 2019 Industry

[Advertising Awards] Switching to the age of personal advertising media

We are now facing the biggest turn in history. What we are confronting is a fundamental change, in which everything we thought was true over the past 100 years is on the verge of collapse. The advert...

BOK slashes key rate to record-low 1.25%

South Korea’s central bank on Wednesday cut the country’s key interest rate to 1.25 percent, reflecting the sluggish economic growth, low inflation and declining exports. Its second rate cut in thre...

October 16, 2019
Economy
S. Korea to insert W2tr to industries next year amid trade woes

South Korea’s government said Monday that it will insert more than 2 trillion won ($1.64 billion) of the budget next year to help local industries respond to Japan’s economic retaliations and consequ...

August 26, 2019
Economy
[Photo News] Heading for Myanmar

Government agencies related to investment on Thursday hold a memorandum of understanding, seeking to help South Korean companies expand business in Myanmar. (Front row, from left) Respective represen...

May 2, 2019
Finance
BOK issues catalogue on currency history

The central bank has issued a new art catalogue, offering a periodic introduction to South Korea’s currency, officials said Sunday. The Bank of Korea’s Money Museum has published “Korea’s Money,” a ...

January 20, 2019
Finance
Credit card companies may use mobile messengers for payment notices

Credit card companies will be able to send payment notices to customers via mobile messengers, a change that may save up to 3 billion won ($2.7 million) a year, officials said Thursday. The Credit F...

December 13, 2018
Industry
[Global Finance Awards] Woori Bank CEO all set for ‘financial holding group’ era

When Sohn Tae-seung took office as Woori Bank CEO in December last year, his leadership had seemed to face multiple hurdles ahead, ranging from prolonged recruitment irregularities that led to the re...

November 28, 2018
Finance
SMEs hire fewer foreign workers, cite heavier burdens: poll

South Korea’s small and medium-sized enterprises are finding it increasingly difficult to hire foreign workers amid rising minimum wages and a prolonged economic downturn, a survey by a local busines...

November 25, 2018
Economy
BOK chief calls for resilience against external risks

South Korea’s central bank chief on Monday urged Asia-Pacific economies to reinforce their resilience against potential external risk factors amid a fluctuating global financial environment. “We mus...

November 19, 2018
Economy
S. Korea’s corporate earnings steady despite slowing economy: Moody’s

South Korea’s economic growth will slow down in the upcoming years, weighed down by the global slowdown amid weak demand and ongoing trade conflicts, according to Moody’s Investors Service on Tuesday...

November 13, 2018
Economy
‘New Southern Policy’ encourages financial companies to look to Southeast Asia

For South Korean financial companies looking out for new growth momentum, the “New Southern Policy” -- the key foreign economic policy of the Moon Jae-in administration -- came as a timely opportunit...

October 15, 2018
Finance
President Moon embarks on five-nation Europe tour

President Moon Jae-in on Saturday started his nine-day tour to five European states to attend a series of international meetings and bilateral summits with key countries, according to presidential of...

October 13, 2018
Politics
[Photo News] Post-Brexit partnership

POST-BREXIT PARTNERSHIP -- Deputy Prime Minister and Finance Minister Kim Dong-yeon (far left) on Friday meets with Liam Fox (center), UK secretary of state for international trade, and Simon Smith, ...

October 5, 2018
Economy
S. Korea ranks world 3rd in debt-to-GDP ratio growth: data

South Korea has seen one of the fastest expansion paces for its household debt against its gross domestic product this year, despite a series of policy actions focused on lending restrictions, data s...

October 3, 2018
Economy
[Newsmaker] Number of jobless highest since 1999

The number of jobless people last month reached its highest level since 1999, while the government’s unemployment allowance payments also hit a record high, government data showed Sunday. According ...

September 30, 2018
Economy

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