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Sat, December 9, 2023 | 03:52

Carbon Free Alliance launched to facilitate Korea's net-zero goal

Carbon Free Alliance launched to facilitate Korea's net-zero goal

The Carbon Free Alliance has taken off with a mission to collect all available help from countries and companies worldwide to neutralize carbon emissions, according to the Ministry of Trade, Industry and Energy, Friday.

2023-10-27 15:57

Foreign victims of rental scams receive limited gov't support

Foreign victims of rental scams receive limited gov't support

'People around me say victims are not at fault. However, we find ourselves forced out onto the streets,' sobbed a Chinese woman who had fallen victim to a rental scam during a public hearing hosted by the main opposition Democratic Party of Korea (DPK), Sunday.

2023-10-26 15:37

Korea's Q3 growth beats estimate on exports; outlook still murky

Korea's Q3 growth beats estimate on exports; outlook still murky

Korea's economy grew at a higher-than-expected rate on the back of reviving exports and domestic demand, central bank data showed Thursday, raising expectations that Asia's fourth-largest economy may achieve its growth estimate of 1.4 percent.

2023-10-26 11:02

Consumer sentiment slides for 3rd month in October amid slowdown woes

Consumer sentiment slides for 3rd month in October amid slowdown woes

Korea's consumer sentiment slid for the third straight month in October amid woes over an economic slowdown, slumping exports and weakened spending power, a central bank poll showed Wednesday.

2023-10-25 07:42

Korea to mull extending tariff-rate quota on raw sugar amid global price volatility

Korea to mull extending tariff-rate quota on raw sugar amid global price volatility

Korea's agriculture ministry said Tuesday it will continue consulting with related ministries to extend the tariff-rate quota system currently applied to raw sugar, amid global price volatility.

2023-10-24 14:57

Exports up 4.6% during first 20 days of October

Exports up 4.6% during first 20 days of October

Korea's exports rose 4.6 percent on-year in the first 20 days of October on robust shipments of cars and petroleum products, data showed Monday.

2023-10-23 10:10

FSS recruits experienced lawyers, accountants to strengthen market inspections

FSS recruits experienced lawyers, accountants to strengthen market inspections

The Financial Supervisory Service (FSS) will be completing the recruitment of a maximum of 25 experienced lawyers and accountants by the end of this month, which is the most extensive recruitment drive carried out by the state-run supervisory agency at any one time to hire in-house professionals.

2023-10-20 17:09

Finance minister calls for R&D budget restructuring to boost efficiency, innovation

Finance minister calls for R&D budget restructuring to boost efficiency, innovation

Finance Minister Choo Kyung-ho stressed the need Friday to reform state-sponsored scientific research and development (R&D) projects to better focus on 'innovative, longer-term' programs in response to the criticism of the government's substantial budget cut for next year.

2023-10-20 16:14

Number of beef cattle at Korean farms down in Q3

Number of beef cattle at Korean farms down in Q3

The number of beef cattle edged down on-year in the third quarter of 2023, data showed Friday, as farmers reduced the number of cows raised to deal with falling prices.

2023-10-20 14:42

Korea braces for continuation of high global interest rates: finance minister

Korea braces for continuation of high global interest rates: finance minister

Major economies are expected to keep their interest rates higher for longer than expected to tame inflation, and Korea is preparing for policy buffers to handle various external uncertainties, the finance minister said Friday.

2023-10-20 14:10

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