The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 3.50% for the intermeeting period. Although inflation has continued its underlying trend of a slowdown, it still remains high and uncertainties regarding…
A 2.4 magnitude earthquake struck near a North Korean nuclear test site Thursday, South Korea’s state weather agency said, noting it appeared to have occurred naturally.
The earthquake was detected about 41 kilometers northwest of Kilju, North Hamgy…
South Korea’s air traffic recovered to over 80 percent of pre-pandemic levels last year on unleashed pent-up demand for travel following years of COVID-19 virus curbs, the transport ministry said Thursday.
The number of passengers on domestic and in…
Creditors of debt-ridden Taeyoung Engineering and Construction Co. voted Thursday to allow the ailing builder to move forward with a debt restructuring program.
Taeyoung, the 16th-largest builder in South Korea in terms of construction capacity, app…
Over 8,000 permanent residents have fulfilled South Korea’s military service over the past two decades under a voluntary enrollment system, the Military Manpower Administration (MMA) said Thursday.
The manpower agency adopted the voluntary enrollmen…
Creditors of debt-ridden Taeyoung Engineering and Construction Co. voted Thursday to allow the ailing builder to move forward with a debt restructuring program.
Taeyoung, the 16th-largest builder in South Korea in terms of construction capacity, app…
