News
[Editorial] Fiscal drift
2+ hour, 36+ min ago (758+ words) Opinion [Editorial] Fiscal drift Published: April 15, 2026 - 05: 30: 00 A national budget is often framed as a shield against crisis, but increasingly it serves as a mirror of political survival. South Korea's latest supplementary budget, approved Friday at 26. 2 trillion won ($17. 8 billion), reflects both…...
Lee proposes "Saemaul Undong" campaign to revitalize regional tourism
14+ hour, 19+ min ago (817+ words) National Lee proposes "Saemaul Undong" campaign to revitalize regional tourism Published: April 14, 2026 - 17: 46: 23 Foreign arrivals top 5 million in first quarter, with regional airport entries up nearly 50% President Lee Jae Myung on Tuesday proposed a nationwide campaign to address tourism malpractices and…...
Daiso hits W4. 53tr in annual sales for first time
14+ hour, 46+ min ago (323+ words) Business Daiso hits W4. 53tr in annual sales for first time Published: April 14, 2026 - 17: 20: 22 I ask the hard questions, so you don't have to " South Korea's discount-store chain Daiso, operated by Asung Daiso, topped 4 trillion won ($3 billion) in sales for the first time…...
e Bay Japan expands K-beauty program after $21m sales
15+ hour, 13+ min ago (489+ words) Business e Bay Japan expands K-beauty program after $21m sales Published: April 14, 2026 - 16: 52: 46 e Bay Japan said Monday it held the "2026 Qoo10 Japan Mega Debut Awards" to mark the first anniversary of its Mega Debut program and unveil future strategies. The company launched…...
Hanmi Global's Otak secures $400m US parks contract
20+ hour, 36+ min ago (455+ words) Business Hanmi Global's Otak secures $400m US parks contract Published: April 14, 2026 - 11: 30: 07 Otak, the US arm of Hanmi Global, said Tuesday it has secured an IDIQ contract with the National Park Service under the US Department of the Interior. IDIQ, or indefinite…...
Korea's debt-to-GDP ratio on track to hit 60% by 2030
2+ day, 17+ hour ago (765+ words) Business Korea's debt-to-GDP ratio on track to hit 60% by 2030 Published: April 12, 2026 - 14: 41: 16 Updated: April 12, 2026 - 14: 44: 21 Major institutions have cut Korea's growth outlook, with the OECD lowering its forecast to 1. 7 percent, while the Bank of Korea said growth will miss 2 percent. South Korea's…...
KB Kookmin Bank launches W6tr support program for SMEs hit by Middle East crisis
2+ day, 18+ hour ago (454+ words) Business KB Kookmin Bank launches W6tr support program for SMEs hit by Middle East crisis Published: April 12, 2026 - 13: 23: 15 KB Kookmin Bank said Sunday it will launch a 6 trillion won ($4. 04 billion) support program offering preferential interest rates for small and medium-sized enterprises, particularly…...
S. Korea's debt-to-GDP ratio projected to reach 60% by 2030 amid slower growth
2+ day, 21+ hour ago (389+ words) Business S. Korea's debt-to-GDP ratio projected to reach 60% by 2030 amid slower growth Published: April 12, 2026 - 10: 33: 24 South Korea's national debt is projected to approach 60 percent of its gross domestic product by 2030, government data showed Sunday, with the pace of increase widely expected to…...
BOK freezes rate on war-driven uncertainty
4+ day, 16+ hour ago (618+ words) Business BOK freezes rate on war-driven uncertainty Published: April 10, 2026 - 15: 33: 41 Gov. Rhee wraps up term with final rate-setting meeting The Monetary Policy Board kept the key rate on hold in a unaminous decision, keeping the rate steady since July last year....
S. Korea's official development aid falls 3. 9 pct in 2025
4+ day, 17+ hour ago (397+ words) Business S. Korea's official development aid falls 3. 9 pct in 2025 Published: April 10, 2026 - 14: 15: 00 South Korea's official development assistance posted an on-year decrease of 3. 9 percent to $3. 87 billion in 2025, due to a weak exchange rate and reduced multilateral aid, the government said Friday. Citing preliminary…...