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IMF Projects Korea’s Economy to Rebound in 2026 After Weak 2025

SEOUL, Sept. 24 (Korea Bizwire) — South Korea’s economy is expected to rebound in 2026, driven by easing uncertainties and accommodative policies, an official from the International Monetary Fund (IMF) said Wednesday, calling on the country to put in efforts to revitalize domestic consumption and accelerate structural reforms to further boost growth. “Prolonged domestic political [...]

Demographic Headwinds Deepen South Korea’s Domestic Demand Slump

SEOUL, May 27 (Korea Bizwire) — As South Korea grapples with a prolonged domestic slowdown, economists and policymakers are sounding the alarm over an increasingly potent structural threat: the country’s shrinking and aging population. Already facing stagnating consumer sentiment, high inflation, and global uncertainty, South Korea’s economy is now contending with the compounding impact of demographic [...]