South Korea’s fiscal deficit rose more than 40 percent on-year during the first five months of 2024 amid weak corporate performances and growing state expenditures, the finance ministry said Thursday.
The managed fiscal balance, a key gauge of fiscal…
Chiang Mai, The Director-General of the National Park Department revealed that officials from Pha Daeng National Park in Chiang Mai Province arrested suspects of illegally processing timber, expanding the investigation to seize suspicious rosewood and…
South Korea’s central bank said Thursday that it will weigh the timing of a potential rate cut after freezing its key rate for the 12th straight session amid high household debt and moderating inflation.
In a widely expected decision, the monetary po…
The Seoul city government is set to host a forum on North Korea’s human rights Thursday to raise awareness of the situation and discuss ways to improve it with the international community.
The “Seoul Forum on North Korean Human Rights 2024” will open…
The Organization for Economic Cooperation and Development (OECD) called on South Korea on Thursday to introduce tighter fiscal rules and maintain a restrictive policy as its budget is projected to remain in deficit through next year and rapid aging wo…
President Yoon Suk Yeol on Tuesday vetoed a bill mandating a special counsel investigation into alleged external pressure on the military response to a Marine’s death. It is a reasonable veto.
A bill for a special counsel probe of the case was first …
