Korea can never make globally-accredited achievements if it keeps scientists and inventors in the frame of management, not encouragement.
The total card approval amount stood at 290.9 trillion won ($211 billion) in the January-March period on improving consumer sentiment and a rise in online shopping, according to data by the Credit Finance Association of Korea on Tuesday.
Parents in their 30s are spending exponentially on private cram schools and other education services, according to the BC Institute of Innovative Finance.
Retail sale volume of food products in Korea shrank for the second year in a row in 2023, down 2.6 percent on year, according to Statistics Korea, Bank of Korea and Small Enterprise And Market Service.
Localities with shrinking populations are trying to attract nonresidents with purchasing power, focusing on frequent visitors and transient populations who can boost the local economy.
Korea's private spending in the third quarter grew at a far slower pace than that of Group of Seven (G7) countries due to high interest rates and inflation, data showed Monday.
If the government keeps up the principle of “support without intervention” for the science and technology field, K-science and technology will prosper.
The Defense Ministry announced a five-year plan focused on improving the South Korean defense system, particularly centered on its three-axis defense strategy of Kill Chain, Korea Air and Missile Defense and Korea Massive Punishment and Retaliation.
In an alarming development, consumer prices rose 3.8 percent on year in October.
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