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Builders’ biz closures hit 18-yr high in 2023

The number of South Korean construction firms’ business closures hit an 18-year high in 2023 amid a slumping property market, data showed Thursday.

A total of 581 general construction companies went out of business last year, up 219 cases from the p…

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Exports gain 11.2 pct during first 10 days of Jan.

South Korea’s exports rose 11.2 percent on-year in the first 10 days of January, data showed Thursday.

Outbound shipments reached US$15.44 billion in the Jan. 1-10 period, compared with $13.89 billion tallied a year earlier, according to the data fr…

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