Since last August, the Bank of Korea has raised interest rates from a record low of 0.5 per cent to 3.5 per cent – the highest since 2008.
South Korea to Relax Property Market Tax Regulations
The Ministry of Economy and Finance of South Korea (기획재정부) announced on Wednesday that it intends to revise a set of tax regulations on the real estate market to alleviate the financial burden of …
Investing in South Korean Stocks to Get Easier for Foreigners in 2023 – Regulator
South Korea plans to scrap a number of regulations in the local stock market within this year to make investment easier for foreign investors, its financial regulator said on Tuesday, in an effort to …
Investing in South Korean Stocks to Get Easier for Foreigners in 2023 – Regulator
South Korea plans to scrap a number of regulations in the local stock market within this year to make investment easier for foreign investors, its financial regulator said on Tuesday, in an effort to …
Is South Korea Considering Nuclear Weapons?
Whether South Korea builds a nuclear bomb on its own or not, nuclear weapons are gaining greater importance in the national security thinking of many states in the Indo-Pacific.
NATO Countries Are Giving Ukraine Hundreds Of Their Old Howitzers—and Replacing Them With South Korea’s Excellent K-9
South Korea’s K-9 self-propelled howitzer is replacing older guns in the arsenals of many NATO countries—and freeing up those guns for onward delivery to Ukraine.
55 years after sending a hit squad on a deadly raid in Seoul, North Korea has found new ways to threaten South Korea
In January 1968, a group of highly trained North Korean commandos were sent conduct an all-out assault in the heart of Seoul.
Why are South Koreans losing faith in America’s nuclear umbrella?
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South Korea government suggests increasing overtime limit from 52 to 69 hours a week
To increase work flexibility, the South Korean government proposed a plan to allow people to work up to 69 hours a week instead of 52. However, the decision was met with much criticism.
Fire tears through illegal home encampment on edge of South Korea’s wealthy capital Seoul
The blaze in the so-called Guryong village destroyed about 60 homes, but not all of them were occupied and there were no reported casualties.