Korea Joongang Daily
Korea JoongAng Daily

Government to take 'decisive' action if market trends turn excessive

The government will take "decisive" market stabilization measures if there are excessive one-sided trends in the market, Finance Minister Choi Sang-mok said Friday, as the local currency has weakened to a 15-year low.

2024-12-27

Covid-19 pushes employment numbers down by 218,000 in 2020

Last year 218,000 fewer people were employed in Korea compared to 2019, the biggest decline in more than two decades since the IMF crisis of the late 1990s.

2021-01-13

Tax revenue up in August, but spending still on the rise

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.

2020-10-12

Huge 2021 budget has a bit of something for everyone

A mobile ID system, studios for K-pop virtual concerts and the burying of power cables are some of the projects that are set to be funded by Korea's record 2021 budget.

2020-09-02