KoreaTimes - Finance

The Korea Times

The Korea Times

The Korea Times

Finance

Sat, December 9, 2023 | 01:37

Over 1,000 accountants enter market every year; does Korea need more?

Over 1,000 accountants enter market every year; does Korea need more?

Since the government increased the yearly certification quota for accountants to more than 1,000 in 2019, over 1,000 newly certified accountants have entered the Korean market annually.

2023-11-29 16:28

Over 85,000 foreigners hold home ownership in Korea: data

Over 85,000 foreigners hold home ownership in Korea: data

Over 85,000 foreign nationals own a house in Korea, with Chinese possessing more than half of real estate properties held by foreigners in the country, government data showed Wednesday.

2023-11-29 15:26

Overseas card spending up in Q3 on increased travel, direct purchases

Overseas card spending up in Q3 on increased travel, direct purchases

Koreans' overseas card spending increased 3.1 percent in the third quarter of the year on the back of increased overseas travel and increased direct purchases, central bank data showed Wednesday.

2023-11-29 14:52

KT SAT to introduce Starlink service in Korea for mobility industry

KT SAT to introduce Starlink service in Korea for mobility industry

KT SAT, the satellite service arm of local telecom giant KT, said Wednesday it plans to introduce Starlink, satellite internet service developed by U.S. space firm SpaceX, in Korea.

2023-11-29 11:59

4 in 10 builders cannot service interest payments

4 in 10 builders cannot service interest payments

Four out of 10 construction companies are unable to make loan repayments to banks, according to the industry researcher, Tuesday.

2023-11-28 16:49

KB Financial's 'Star Friends' exhibit to run through next February

KB Financial's 'Star Friends' exhibit to run through next February

KB Financial Group held the first exhibition of its 'Star Friends' characters, Tuesday, according to the firm.

2023-11-28 16:48

Gov't price interventions heighten concerns over deceptive sales practices

Gov't price interventions heighten concerns over deceptive sales practices

The government’s push to curb food prices by twisting the arms of manufacturers appears to have backfired, as embattled manufacturers are passing on the extra costs to customers through a series of deceptive sales campaigns, thus undermining the inflation fight.

2023-11-28 16:38

Insurers may lower car insurance rates by 3%

Insurers may lower car insurance rates by 3%

Insurers are expected to lower annual car insurance rates by 3 percent, in line with a “mutual growth” drive spearheaded by President Yoon Suk Yeol, market watchers said Tuesday.

2023-11-28 16:18

As Christmas nears, people feel growing income disparity

As Christmas nears, people feel growing income disparity

A 33-year-old man, who asked to be identified only by his surname Choi, recently experienced a rude shock while trying to make a reservation for Christmas at a restaurant in Seoul. In his view, the price and conditions for booking were ridiculous. He found the situation to be similar at other restaurants he checked too.

2023-11-28 16:09

Banks' lending rate rises for 2nd consecutive month in October

Banks' lending rate rises for 2nd consecutive month in October

Banks' loan rate rose slightly from a month earlier in October, data showed Tuesday.

2023-11-28 15:51

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