SEOUL, Nov. 11 (Korea Bizwire) — More than one in four South Korean households expect their financial situation to improve next year, even as a growing share of the population reports feeling lonely, according to a government survey released Tuesday. The biennial survey, conducted by the Ministry of Data and Statistics, found that 27 percent of [...]
SEOUL, June 27 (Korea Bizwire) — South Korea’s semiconductor, display, shipbuilding, and biotech industries are expected to lead the country’s economic performance in the second half of 2025, while other key sectors face continued headwinds, according to a new outlook released Thursday by the Korea Chamber of Commerce and Industry (KCCI). The KCCI’s semiannual “Industrial [...]
SEOUL, KOREA, Jul. 4 (Korea Bizwire) — South Korea’s trade growth has been predicted to surge with a significant increase by 5 points, according to data from the DHL Global Trade Barometer released by DHL, the world’s leading logistics company. The country’s overall index has increased to 74 points, from 69 points in the last [...]
WASHINGTON, Jun. 8 (Korea Bizwire) — South Koreans have one of the gloomiest economic views in the world, with 84 percent saying the fourth-largest Asian economy is in bad shape, a U.S. survey showed Wednesday. South Korea had the second-most negative views, with only 15 percent saying their economy is in good condition, the Pew [...]
SEOUL, Feb. 8 (Korea Bizwire) – South Korea’s economic outlook looks rather disappointing, at least from a PwC projection in its latest report, The Long View (How will the global economic order change by 2050?). According to the consulting company, South Korea’s GDP ranking will drop from 13th in 2016 to 14th in 2030, and [...]