President Yoon Suk Yeol vowed to cooperate with Asian countries to build supply chains for chips and reusable batteries.
The Asean Plus Three region is expected to grow by 4.6 percent in 2023, said the finance ministers and central bankers of the nations in statement Tuesday.
Migration can help highly skilled female workers enter the labor market, which can increase Korea’s economic growth rate, according to Nobel laureate Michael Kremer Tuesday.
Finance Minister Choo Kyung-ho stressed the importance of trilateral cooperation between Korea, China and Japan to achieve a rapid and sustainable recovery of the global economy at the Asia Development Bank (ADB) meeting in Incheon on Tuesday.
The Korean economy is set to rebound gradually in 2023, a senior economist at the Asian Development Bank (ADB) said Thursday, citing China's reopening and the recovery of the chip industry.
The Asian Development Bank (ADB) on Tuesday maintained its 1.5 percent growth outlook for Korea in 2023, citing continued uncertainties in the global economy. The latest estimate by the Manila-based bank remains unchanged from ...
The Asian Development Bank (ADB) on Wednesday slashed its 2023 growth outlook for the Korean economy to 2.3 percent amid growing concerns that monetary tightening in the United States and other major countries will likely slow down global economic...
The Asian Development Bank (ADB) lowered its projection for the growth of the Korean economy this year to 3 percent.
The Asian Development Bank (ADB) on Wednesday predicted Korea’s economy will expand 3.5 percent this year, an improvement over the 3.3 percent projected in December.
The Asian Development Bank (ADB) has appointed Um Woo-chong, a Korean expert in the international development field, as the regional bank's managing director general, Seoul's finance ministry said Monday.
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