Korea’s Low Savings Rate Forewarns Gloomy Economic Prospects

SEOUL, Oct. 29 (Korea Bizwire) – On every last Tuesday of October, which fell on October 28 this year, Korea commemorates “Savings Day” to encourage its people to save more money for economic development since 1964. Typically, the day’s event was covered by many citations for individuals and companies who saved much. However, this year’s [...]