The government must do its utmost to draw bipartisan support to economy-related bills and accelerate reforms on industrial structure and deregulation.
Korea's economy grew at the fastest pace in two years, over twice the market estimate of 0.6 percent, as exports expanded and construction investment rose.
Korean artist Song Ho-jun sets sail in a modest yacht with a motley crew for the Rolex China Sea Race, defying expectations and promoting sustainability. Despite numerous challenges, the team completes the 565-nautical-mile race.
Korea will extend the tax cut on fuel consumption by another two months as geopolitical uncertainties in the Middle East impact global oil prices.
Koreans' consumption of rice hit an all-time low in 2023, but the demand for rice for food items and beverages logged double-digit on-year growth, data showed Friday.
Korea's retail sales in the first 11 months of 2023 fell for the first time in 20 years as high consumer prices curbed spending, government data showed Monday.
The Democratic Party (DP) on Thursday criticized the Yoon government as a bill to prohibit dog meat consumption passed through a parliamentary subcommittee without the presence of the People Power Party (PPP).
The government will extend the tax cut on fuel consumption for another two months amid uncertainties surrounding the war in the Middle East, according to the Finance Ministry on Tuesday.
According to the Rural Development Administration, Korea's per capita consumption of chicken and duck meat has gone up since 2020, with individuals this year consuming 16.51 kilograms of chicken and 3.65 kilograms of duck meat per capita.
The three measures indicating the state of domestic industrial activity, output, consumption and investment, all fell in October, data showed on Tuesday.
Korea JoongAng Daily Sitemap
