South Korea economy

The latest Financially Stability Report provides a picture of South Korea’s overall financial health – and there’s some worrying news.

Most South Korean conglomerates have weathered the shortage much better than their global competitors. That could change as early as this month.

South Korea took minimal economic damage overall, but sector-specific impacts varied widely.

South Korea was already struggling with economic inequality. The pandemic has made things worse.

President Moon Jae-in’s New Year’s Address reveals the focus for his last full year in office. Unsurprisingly, COVID-19 recovery tops the list.

Like other countries around the world, Seoul is trying to reshore production – with limited success.

Despite its capable handling of the pandemic overall, South Korea has not been able to escape the global economic fallout.

Seoul is already looking ahead to the post-COVID world.

While the basic income movement is not new in South Korea, the pandemic has added considerable momentum to it.

South Korea is hoping to cash in on the coronavirus-driven boom in mobile gaming. But critics say it needs to address problems in the industry first.

Seoul is preparing a stronger fiscal stimulus to deal with the economic shocks caused by the coronavirus outbreak.