Eastar Jet's pilots union kicked off a hunger strike Wednesday to protest the budget airline’s laying off of more than 600 employees. The union held a press event in front of the National Assembly in western Seoul on Wednesday demanding Eastar Jet...
Under the new rules, when customers cancel reservations at restaurants, they are entitled to up to 20 percent of the payments made, when the government has implemented Level 1 social distancing restrictions.
The government saw an increase in tax revenue in August, but has collected 17 trillion won ($14.8 billion) less in taxes over the last eight months compared to a year earlier as companies and small businesses struggle with the coronavirus pandemic.
As the economic impact of the coronavirus pandemic continues, the number of crimes reported involving theft of food and household items or attempts to use counterfeit money have shot up.
Kenzo Takada, the iconic French-Japanese fashion designer famed for his jungle-infused designs and free-spirited aesthetic that channeled global travel, has died. He was 81. The family said Sunday that Takada died from complications from COVID-19...
Korea's total debt has reached an all-time record of nearly 5,000 trillion won ($4,286 billion) under the current Moon Jae-in administration. This figure could further surge as many are heavily relying on loans to weather the impact of Covid-19.
As the coronavirus pandemic hit the global economy and manufacturing hubs like China went into lockdown, the extent to which Korea relies on foreign suppliers very quickly became clear...
Lawmakers in the National Assembly overwhelmingly passed a series of reforms Thursday to protect small businesses from being evicted by their landlords as the coronavirus pandemic continues to contribute to a sluggish economy.
The government vowed to quickly spend the fourth supplementary budget of 7.8 trillion won ($6.9 billion) that was approved by the National Assembly late Tuesday.
Most large Korean companies sent employees home to work when the government applied stricter social distancing measures in mid-August. But workers at small companies continue to come to work and risk exposure to the coronavirus.