S. Korea’s banks see rise in SBLs in Q2
South Korea's domestic banks reported an increase in the ratio of loans classified as substandard or below (SBLs)…
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South Korea
S. Korean banks’ capital ratios remain strong in Q2 – data
South Korea's domestic banks continued to maintain robust capital positions in the second quarter of 2024.
S. Korea’s retail sales grow by 6.3% in July
South Korea's retail sales grew by 6.3 per cent in July, driven by robust online sales of food and daily…
S. Korea exports grow for 10 straight months
South Korea has recorded its 10th straight month of export growth, totalling $392.5 billion, a 9.8 per cent…
S. Korea proposes 3.2% increase for ’25 budget
South Korea's Ministry of Economy and Finance has proposed a 3.2 per cent increase in the 2025 budget to 677.4…
S. Korea’s overseas card spending up in Q2 ’24
South Korean residents' overseas spending using credit and debit cards remained consistent in the second quarter of…
S. Korea’s construction contracts decline in ’23
South Korea's construction contracts totalled 298 trillion won ($224.2 billion) in 2023, down 12.1 percent from the…
S. Korea senior citizen employment surges
The number of jobs held by senior citizens in South Korea hit a record high this year due to the country's rapidly…
S. Korea tightens EV safety measures after battery fires
South Korea's government and ruling party have decided on Sunday to advance an electric vehicle (EV) battery…
S. Korea’s combined debt tops $2.26t
South Korea's combined government and household debt has reached a new milestone, surpassing 3,000 trillion won…
