Tuesday, February 3, 2015
South Korea posted a record current account surplus for two straight years thanks to robust exports of technology products, state data showed Monday.
Tuesday, January 27, 2015
Sales of CCTV cameras have increased sharply after the government unveiled its plan to require all day care centers to install the surveillance devices, officials said Sunday.
Saturday, January 24, 2015
South Korea's economy registered its slowest growth for more than two years in the fourth quarter, the Bank of Korea (BOK) said Friday, underlining recovery concerns despite record low interest rates.
Friday, January 16, 2015
South Korea's central bank on Thursday slashed its 2015 economic growth forecast and kept its benchmark interest rate unchanged at a record low amid growing concerns of deflation.
Saturday, January 3, 2015
South Korean builders are expected to expand investment into the world's emerging markets this year as they seek ways to sustain growth amid tough market conditions in the Middle East, which previously was the top client for the industry.
Tuesday, December 23, 2014
South Korea lowered its growth forecast for next year, citing persistently weak sentiment among consumers and businesses. But the government predicted that overall economic conditions will improve from this year thanks to government measures, recovery in the U.S. economy and the fall in oil prices.
South Korea's nuclear power plant operator launched a two-day drill Monday to test its ability to thwart a cyberattack, after a series of online information leaks by a suspected hacker.
Tuesday, December 9, 2014
In order to spur investment and economic growth, the South Korean government recently started a large-scale promotional campaign to attract more foreign business into the country's eight free economic zones (FEZs).
Thursday, December 4, 2014
Wednesday, December 3, 2014
South Korea's inflation rate hit its lowest point for nine months in November, as the plunge in global oil prices forced a drop in transport costs, state data showed Tuesday.