Tuesday, February 2, 2016
Like any other office worker living in Seoul, Kate Lee spends more than an hour commuting to work on public transport every morning. The difference is that her office is located 140 kilometers south of Seoul, in Daejeon city.
Wednesday, January 27, 2016
South Korea's economic growth slowed in the final quarter of 2015 as a drop in construction investment outweighed an improvement in consumer spending, the country's central bank said Tuesday.
Tuesday, January 5, 2016
South Korea's transport ministry will carry out a safety review of all the country's low-cost airlines, after an aircraft was forced to make an emergency return after takeoff from the Philippines on Sunday.
Saturday, January 2, 2016
South Korea's exports fell last year at their fastest rate since the global financial crisis, with 12 straight monthly declines fuelled by a strong won and plunging oil prices.
Friday, December 11, 2015
Friday, December 4, 2015
After a debate stretching back more than 40 years, South Korea's parliament has approved a bill that will finally compel the country's influential clergy to pay taxes.
South Korea's economy grew at the fastest pace in more than five years in the third quarter, driven by a strong rebound in consumer spending, central bank data showed Thursday.
Wednesday, November 18, 2015
The landscape of Seoul's lucrative duty-free market, dominated by Lotte and Shilla as of now, is set for a major change following the bid for the expiring business licenses of three duty-free stores in the capital city.
Friday, November 13, 2015
South Korea's central bank on Thursday left its key interest rate unchanged at a record-low 1.5 percent for the fifth straight month ahead of a possible U.S. rate hike.
Saturday, October 24, 2015
South Korea's economy expanded 2.6 percent in the July-September quarter from a year earlier, the fastest annual clip in three quarters, the Bank of Korea said Friday, showing a recovery from the Middle Eastern respiratory syndrome crisis that gripped the country in the summer.