Korea has a higher level of financial literacy than the Organization for Economic Cooperation and Development (OECD) average, according to a report by the Financial Supervisory Service and the Bank of Korea on Monday.
Tax reform is inevitable considering the fiscal pressure that Korea faces especially from the aging population the head of the OECD said. He also supported selective support emergency relief grants.
Korea’s first vaccination against the coronavirus will take place on Feb. 26 while inoculations are underway in 32 countries of the 37-member Organization for Economic Cooperation and Development (OECD). Nearly half of Israelis...
The Organisation for Economic Cooperation and Development (OECD) slightly lowered its forecast for Korea’s 2020 economic growth.
2020 started out with despair as the pandemic swept across the globe, but is about to end with hope. U.S. President-elect Joe Biden declared victory on Nov. 7, saying, “We are not enemies but Americans.” Biden knows...
The Blue House expressed confidence on its handling of the economic crisis created by the Covid-19 pandemic, citing the rating from international rating agency Fitch.
The Organisation for Economic Cooperation and Development (OECD) has revised up its forecast for Korea's 2020 economic growth, or down, depending on which number is used.
Finance Minister Hong Nam-ki defended the government's spending in the National Assembly, saying more debt was unavoidable in the fight against the Covid-19 pandemic.
If this is in fact the dreaded second wave, worst-case scenarios are going to have to be dusted off.
Korea faces the smallest contraction in economic growth among advanced countries this year, the Organisation for Economic Cooperation and Development (OECD) said Tuesday, after containing the coronavirus without lockdowns.