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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Finance

Economy

Tue, May 30, 2023 | 14:05

Korea's tax revenue down $17.8 bil. through March

Korea's tax revenue down $17.8 bil. through March

Korea's tax revenue slipped 24 trillion won ($17.8 billion) on-year in the first three months of 2023 following a slump in the real estate sector, data showed Friday.

2023-04-28 13:32

Industrial output up 1.6% in March, led by chips

Industrial output up 1.6% in March, led by chips

Korea's industrial output and retail sales gained ground on-month in March, on the back of the semiconductor sector, data showed Friday, while its facility investment fell over the period.

2023-04-28 09:30

Gov't to enact special law to support housing scam victims

Gov't to enact special law to support housing scam victims

Amid increasing calls for strengthened protection of housing rental tenants from malicious scams, the government has decided to redress financial damages borne by “jeonse” fraud victims through the enactment of a special law.

Anna J. Park | 2023-04-27 16:42

Korea gives two sniffer dogs to Thailand

Korea gives two sniffer dogs to Thailand

The Korea Customs Service (KCS) gave two sniffer dogs to Thailand, Thursday, on the occasion of Korea Customs Week 2023 being hosted by the KCS in Seoul over three days.

Yi Whan-woo | 2023-04-27 16:06

[CONTRIBUTION] Vulnerable won-dollar rate - down or up?

CONTRIBUTIONVulnerable won-dollar rate - down or up?

The foreign exchange rate for the U.S. dollar versus the Korean won has been rising steadily for the last three months, going up from 1,263 won per dollar at the end of last year to over 1,340 won per dollar currently.

2023-04-27 16:02

FSS chief to visit Singapore, Indonesia in May to support Korean financial firms' overseas operations

FSS chief to visit Singapore, Indonesia in May to support Korean financial firms' overseas operations

Financial Supervisory Service (FSS) Governor Lee Bok-hyun is slated to visit Singapore and Indonesia in the second week of May, aiming to support Korean financial companies' overseas business operations.

Anna J. Park | 2023-04-27 15:40

Korea to promote deregulation and structural reforms for private-sector-led economy: PM

Korea to promote deregulation and structural reforms for private-sector-led economy: PM

Amid the ever-increasing importance of the economy in current geopolitical landscapes, the Yoon Suk Yeol administration will continue pushing for reforms that aim to promote an economy led by the private sector, Prime Minister Han Duk-soo said. In his congratulatory address at a special international conference marking the 30th anniversary of the Institute for Global Economic...

Anna J. Park | 2023-04-26 17:22

Exhibition showcases new customs clearance technologies

Exhibition showcases new customs clearance technologies

More than a dozen technological labs, engineering schools and businesses participating in Korea Customs Week 2023 are showcasing up-to-date technology that can make customs clearance more efficient and better safeguard borders across the world.

Yi Whan-woo | 2023-04-26 17:03

Korea Customs Week anticipated to bolster favorable environment for exporters

Korea Customs Week anticipated to bolster favorable environment for exporters

Korea hopes to foster a favorable trade environment for exporters through Korea Customs Week 2023, a three-day international gathering in Seoul that discusses ways to lower tariff barriers, the chief of the country's customs regulatory body said Wednesday.

Yi Whan-woo | 2023-04-26 17:02

'Transition finance' to offer new opportunities for financial firms to go global

'Transition finance' to offer new opportunities for financial firms to go global

As international attention focuses on achieving net-zero emissions by 2050, financial firms with the capacity to pursue opportunities in this area are expected to reap sizeable profits in the global market.

Lee Yeon-woo | 2023-04-26 16:32

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