Korea recorded its biggest deficit in tourism in five years as more Koreans traveled abroad than the number of visiting foreigners, who brought with them changed spending habits.
A rising number of small merchants are receiving subsidies after going bankrupt.
The financial regulator said that a senior official went to Hong Kong last week to meet with major investment banks to discuss Korea's short-selling system.
Sales of apartments over other kinds of housing hit an all-time high in the first quarter as Koreans tended to avoid risky deposit contracts.
The government revoked its plan to mandate the Korea Certification (KC) mark for certain goods directly purchased from overseas on Sunday, as criticisms arose over the previously announced stringent safety measures.
The chief of the Korea Water Resources Corporation met with the Cambodian prime minister to discuss cooperation in water resource management.
Korea added more than 260,000 jobs in April, driven by a marked increase in manufacturing roles due to export growth, with more people aged 60 and over entering the workforce.
The economic ministers of Korea and China held a virtual meeting on Thursday, the first of its kind in nearly two years, ahead of the upcoming Korea-China-Japan summit.
Kepco's CEO urged a hike of electricity bills as the company struggles under high fuel costs, and massive debt.
The KDI raised its growth forecast to 2.6 percent due to strong exports, in line with OECD projections.
Korea JoongAng Daily Sitemap