The government started accepting applications from small businesses like restaurants and bars for pandemic subsidies of up to 20 million won ($17,000) -- and payments went out almost immediately.
GM Korea revealed specs of its soon-to-be-introduced all-electric Bolt EUV, which can run 403 kilometers on a single charge with an LG Energy Solution's 66 kilowatt-hour battery. Its price before the state subsidy starts from 44.9 million won.
Korea says Mercedes-Benz's all-electric EQA SUV only goes 302 kilometers on a single charge - much less than what it supposedly gets in Europe.
Tesla’s Model S will no longer receive Korea government subsidies.
A man who lives in Tokyo has had a strange experience at a bar. It was 8 p.m., and the owner started to close the bar. The owner told several patrons inside that he would secretly run the business till 10 p.m., but demanded...
The ruling Democratic Party and opposition People Power Party both made compromises on a fourth supplementary budget of 7.8 trillion won ($6.9 billion), coming one step closer to a final deal
A top presidential aide on Monday defended the government’s controversial plan to spend 928 billion won ($784 million) to fund one-time subsidies for phone bills, an initiative that has prompted criticism by both the opposition parties and the public
Basic income, in which everyone receives a monthly stipend, has become a major topic of debate. At the forum, many professors and experts argued that adopting a basic income policy would worsen the country’s unemployment and poverty rates.