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Cash Assistance Program Launched Amid Supply Chain Concerns
Seoul, April 11 – The government announced on Saturday that cash assistance for the bottom 70% of income earners will begin being rolled out later this month, as part of efforts to ease the financial strain caused by rising oil prices.The aid will first reach the most vulnerable within that... - H
Seongsu-dong Emerges as Popular Destination for Foreign Visitors
BTS Concert Boosts Foreign Tourism in Seoul: Seongsu-dong Emerges as New Shopping Hotspot Surge in Foreign Visitors During BTS Concert in Seoul Seoul witnessed a significant rise in foreign tourist activity during the recent BTS comeback concert held on March 21 at Gwanghwamun Plaza. Major... - H
Lee Jae Myung Administration Targets Policy-Makers with Multiple Properties
Seoul, March 22 — President Lee Jae Myung on Sunday said he has directed both his office and the Cabinet to bar owners of multiple properties from participating in the formulation of real estate policies, as part of a broader push to curb housing speculation.In a post on X, Lee stated that... - H
Korea Composite Index Falls as Foreigners Sell Tech Stocks
South Korean Stock Market Today: KOSPI Trims Gains as Tech Stocks Weigh Under Foreign Selling Seoul, March 20: South Korean equities pared early gains on Friday morning, with the benchmark KOSPI index turning volatile as heavyweight technology stocks came under pressure due to sustained foreign...- Himanshu
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Fuel Prices Drop in S. Korea Under New Price Cap
South Korea Fuel Prices Fall After Government Introduces Temporary Price Cap Retail Fuel Prices Drop Following Policy Intervention Fuel prices at gas stations across South Korea have declined notably after the government introduced a temporary fuel price cap last week, according to the Ministry... - K
Bank of Korea Holds Interest Rate at 2.5% as Growth Outlook Improves and Housing Risks Persist
Bank of Korea Maintains Benchmark Rate for Sixth Straight MeetingSeoul, February 26: The Bank of Korea kept its benchmark interest rate unchanged at 2.5 percent on Thursday, signaling a cautious approach as policymakers balance stronger economic growth with mounting financial stability... - K
South Korea Cremation Rate Climbs to 94 Percent as Facility Shortages Deepen in Major Cities
National Cremation Rate Hits Record High in 2024 Seoul, February 15: South Korea’s cremation rate continues its steady upward climb, intensifying concerns over potential shortages of cremation facilities, particularly in densely populated cities such as Seoul and Busan.Fresh data released on...