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Passengers will be limited to carrying no more than two portable power banks on board aircraft starting April
South Korea is deploying aggressive fuel price controls to cushion consumers from a sharp rise in global energy
Smartphone prices are climbing as a sharp increase in memory chip costs, driven largely by South Korea’s semiconductor
A South Korean proverb says a single word can repay a thousand debts—an expression that underscores the power
Photo=motionelements South Koreans in their 30s are taking on more debt as the country transitions from years of ultra-low interest rates to a higher-cost financial environment shaped by global uncertainty and geopolitical strain. Average bank borrowing among people in their 30s has climbed to record levels, reflecting how a generation that entered the housing market during easy-money conditions is now
(Photo=MotionElements) South Korea is imposing stricter vehicle restrictions across its public sector in response to growing energy supply risks linked to instability in the Middle East. Starting April 8, government agencies nationwide will implement an odd-even system, allowing vehicles to operate only on days matching the last digit of their license plates. Odd-numbered plates can run on odd-numbered days, even-numbered
(Photo=Ministry of Climate, Energy and Environment) A deepening global energy shock is beginning to reshape South Korea’s policy outlook, turning what was once viewed primarily as a supply risk into a potential catalyst for structural change. As disruptions tied to Middle East tensions strain oil and gas flows, the country’s heavy reliance on imported fossil fuels has come into sharper
Photo=Ministry of Trade, Industry and Energy South Korea is moving to secure additional naphtha supplies from India, as rising geopolitical tensions and supply disruptions heighten concerns over feedstock availability for its petrochemical industry. Trade Minister Yeo Han-koo said he asked India to increase shipments of naphtha during talks with Piyush Goyal on the sidelines of a World Trade Organization ministerial
Korean paper money, won, and cash banknotes for financial and business transactions. Korean money as a background for your design South Korea is stepping up efforts to draw retail investment back from overseas markets, as authorities seek to stabilize the domestic stock market and strengthen capital flows at home. The initiative centers on a newly introduced investment framework that offers
