Korean Trade Minister Yoo Myung-hee was endorsed by the United States to be the next World Trade Organization director-general. The odds,are in favor of Ngozi Okonjo-Iweala, who has the support of Europe as well as Japan and China.
The central bank said Wednesday it will further expand financial support for smaller merchants and firms to help them ease a funding squeeze amid the new coronavirus outbreak.
The Financial Services Commission (FSC) on Monday said any debt that matures during the Chuseok holidays, including credit card payments, will be postponed until the holiday's end on Oct. 5.
Electricity and gas bills are to be suspended for small businesses and rents will be discounted for some to help them survive the pandemic.
Companies are increasingly worried about employees suffering from the so-called corona-blues, triggered by dismal business performances, uncertainties in the labor market and frequent stay-at-home orders.
Loan forbearance and the easing of financial regulations may be extended, with the Financial Services Commission (FSC) saying that a decision will be made on the matter by the end of the month.
In efforts to help revitalize the ailing cultural industries in the midst of the Covid-19 pandemic while allowing the public to overcome the so-called corona blues, or corona-related loneliness, the Ministry of Culture, Sports and Tourism ...
Korea’s largest start-up support center opened its doors Thursday in Mapo District, western Seoul.
The prosecution said Sunday it is providing a number of services to support foreign crime victims going through local criminal procedures. Foreign victims can learn criminal procedures from videos posted...