In recent years, tax revenue discrepancies amounting to tens of trillions of Korean won have occurred, prompting the government to legally mandate annual tax revenue re-estimations every September.
China Boosts Naval Presence Against US Alliance
The persistent presence of the Chinese navy near South Korea, which hosts 28,500 U.S. troops tasked with deterring North Korean attacks, comes as the U.S. has expanded the mission of its forces on the …
Top Crypto To Buy As South Korea Aims To Recognize Crypto Firms As Venture Companies
South Korea is preparing to lift a long-standing restriction that has prevented crypto firms from being recognized as …
Finance dept says no South Korean loan meant for Philippine bridges
The DOF said the Philippines does not have a loan from South Korea meant to fund bridges. This was after South Korea’s President allegedly suspended the loan amid corruption concerns.
Philippines stopped seeking South Korean funding for bridge project in 2024 — officials
There was never any active loan agreement from South Korea to fund a multi-billion-peso bridge project in the Philippines, according to two departments, which say the Philippines had only agreed to …
South Korea scraps proposed Philippine loan; DoF denies existence of loan
The Department of Finance (DoF) on Wednesday categorically denied the existence of a P28-billion loan from South Korea to fund hundreds of bridges in the Philippines. The DoF issued the statement …
Property Trading Rules In South Korea: South Korea to tighten property …
Property Trading Rules In South Korea: The fresh measures target some of the wealthiest districts of Seoul including Gangnam, Seocho, Songpa and Yongsan, where any apartment transactions will need a …
Exclusive: Top South Korea official says policy institutions to lead on $350 billion US fund, watching FX
South Korea’s pledge to invest $350 billion in strategic U.S. industries as part of a trade deal with Washington is likely to be led by state policy institutions that will provide funding on a case-by …
South Korea must navigate the ‘Trump risk’ at key summits in Japan and US
Barely two months into office, South Korean President Lee Jae Myung faces a pivotal foreign policy test, heading into back-to-back summits in Tokyo and Washington that reflect the wider struggle of U.
Philippines heralds opening of South Korean-run shipyard
The Philippines on Tuesday opened a shipyard its president sees as part of a shipbuilding revival and its South Korean operator views as a future “strategic hub” for its expanding relationship with …