Friday, August 7
Category: politics
Analysts predict a significant slowdown in South Korea’s job creation for the current year, with employment growth expected to reach only around 103,000 new jobs. This figure represents a stark reduction, nearly halving the initial forecast made at the end of the previous year. The revised outlook suggests that despite…
A group of U.S. House lawmakers has voiced significant concerns regarding South Korea’s recently revised Telecommunications Network Act, often referred to as the ‘7/7 Law,’ which took effect on July 7. In a letter addressed to Kim Jong-cheol,…
The Democratic Party is intensifying its efforts to manage the upcoming August 17th national convention, which will elect the next party leadership. The Central Election Management Committee has issued a stern warning against escalating disruptions and illegal campaign…
The South Korean government has announced a comprehensive strategy to drive economic structural reform by accelerating the adoption of artificial intelligence (AI) across major industries. This initiative aims to enhance the competitiveness of key sectors, including steel, petrochemicals,…
As the global landscape shifts under the intense competition between the United States and China, South Korea is emerging as a pivotal nation, particularly in the burgeoning era of artificial intelligence (AI). Kim Sung-han, a distinguished professor at the Korea University Graduate School of International Studies and former National Security…
A recent exchange during a National Assembly session has brought attention to the income tax brackets and the threshold for the highest tax rate. The discussion, which involved President Lee Jae-myung and former Deputy Prime Minister for Economy…
The South Korean won strengthened slightly against the U.S. dollar on the morning of January 4th, with the exchange rate reaching 1431.8 won per dollar. This marks a modest increase of 2 won, or 0.13%, compared to the…