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The United States and South Korea describe the latter’s defense buildup with the same enthusiasm but mean two different things. American officials call it “alliance modernization,”...
The Korean economy is showing signs of a "broader improvement" on the strong performance of chip-related industries, a state-run think tank said Monday, although uncertainties in t...
With over 80% of its population living in urban centers and a national density exceeding 500 people per square kilometer — soaring to over 15,000 in Seoul — South Korea faces inten...
Plans are firmly underway to ensure that South Korea’s chipmaking strength can help to facilitate a stronger global position when it comes to the AI buildout.
The ruling Democratic Party of Korea (DPK) and the government on Tuesday stressed the need for the active role of fiscal policy and investment in future industries, as the governme...
The Bank of Korea (BOK) is expected to raise its growth outlook for the Korean economy this year to over 3 percent, economic experts here said Sunday, citing stronger-than-expected...
South Korea will nearly double state-backed financing for housing construction to 47.8 trillion won (US$33.7 billion) and ease mortgage rules for young buyers, the Financial Servic...
South Korea is pursuing a new state-led industrial policy to compete on the tech frontier, but faces far greater uncertainty than during earlier industrialization drives.
President Lee Jae Myung on Wednesday reiterated the importance of pursuing balanced development of the country for its growth, as well as survival, citing overpopulation in the cap...
Next year’s budget is projected to top a record 800 trillion won ($578 billion), with national tax revenue expected to exceed 600 trillion won on the back of higher corporate tax r...
South Korea to upgrade battle tanks as North improves drone capabilities
South Korea’s strategic challenges – and the potential solutions – make the case for democratic multilateralism.
Buried missile facilities, mystery telecom site and North Koreas naval buildup
The government is set to establish the “Future Fund,” channeling additional and excess tax revenue generated by the semiconductor boom into long-term investments aimed at strengthe...
Even the historic Yongsan Park isn’t safe from the government’s desire for more housing.
South Korea is often regarded as an example of a young and vibrant democracy. Merely two years ago, mass protests thwarted a self-coup attempted by the sitting far right President...
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