The Korea Times - Home

Site Map PDF Subscription Register LogIn
Site Map PDF Subscription Register LogIn

Tue, October 16, 2018 | 23:49

Economy > Policies >

Moon's anti-nuclear policy drives experts abroad

More nuclear energy scientists and engineers are exiting the country to work for foreign companies, as the Moon Jae-in administration pursues controversial “nuclear-free” energy policies, an opposition party lawmaker said Tuesday.

Policies | 2018-10-16 17:01

Employment jumps on good weather, Chuseok sales

The number of employed increased by 45,000 in September from a year earlier as more people got work in construction and agriculture amid good weather conditions, according to Statistics Korea Friday.

Policies | 2018-10-12 18:23

Korea's jobless rate rises in Sept., sluggish job creation continues

South Korea's jobless rate rose slightly in September due to a fall in employment in the retail and restaurant sectors, with poorer-than-expected job creation showing no signs of a letup, government data showed Friday.

Policies | 2018-10-12 09:43

Korea urged to reform labor market

President Moon Jae-in should reform the job market and develop the services sector to reverse the dismal unemployment situation and rehabilitate the Korean economy, a Washington-based economic expert said Wednesday.

Policies | 2018-10-09 11:22

IMF cuts growth outlook for South Korea to 2.8% this year

The International Monetary Fund (IMF) on Tuesday lowered its growth outlook for South Korea to 2.8 percent from 3 percent amid sluggish corporate investment and domestic consumption.

Policies | 2018-10-09 10:21

NPS hit for losing W10 tril. in stock investment

The National Pension Service (NPS) has come under fire for losing nearly 10 trillion won ($8.7 billion) in stock investments in the first seven months of this year amid the prolonged absence of top investment officers. Market analysts are calling on the state pension fund manager to stay away from political infighting between ruling and opposition parties concerning how its f...

Policies | 2018-10-07 17:17

No. of workers in 30s, 40s drops at steepest pace

The number of workers in their 30s and 40s declined at the steepest pace in the first eight months of this year since 2009, a government report showed Sunday. Employees in this age group often are referred to as the backbone of the Korean economy, and the decline indicates the country's worsening job market conditions.

Policies | 2018-10-07 17:14

Moon stresses deregulation, investment

CHEONGJU, North Jeolla Province - President Moon Jae-in said Thursday the government will put greater emphasis on creating more jobs by relaxing regulations and helping private companies explore business opportunities in areas that were previously untouched. “We have to admit the government has yet to find proper answers to address structural economic problems mostly due to i...

Policies | 2018-10-04 17:27

BOK chief signals rate hikes

Bank of Korea (BOK) Governor Lee Ju-yeol hinted Thursday that the central bank could raise its key interest rate in the coming months citing deepening imbalance in the financial sector. “The financial imbalance is being accumulated,” Lee said at a meeting with business leaders to discuss the current state of the Korean economy, Thursday.

Policies | 2018-10-04 17:00

1,122 minors own houses in Seoul's three richest districts: data

They were among 23,991 minors who had at least one house registered under their names across the country as of the end of 2016 - 108 owned five or more houses and 30 percent of them were living in the three affluent districts.

Policies | 2018-10-04 14:06

1 2 3 4 5 6 7 8 9 10

Hurricane Michael