It is gradually becoming apparent that in its study of the economics of its proposed Seoul-Incheon canal, the Lee Myung-bak administration has... [Jan.10,2009 12:03 KST]

Unable to cope with a slump in sales and a crisis of liquidity brought on by the economic recession, SsangYong Motor Co. filed for a corporate... [Jan.10,2009 11:52 KST]

There is a growing suspicion that the government may have whitewashed the outcome of an economic feasibility study on the Gyeongin Canal,... [Jan.9,2009 12:38 KST]

The government is to invest 7.5 trillion won (US$5.8 trillion) in national expenditures through 2012, including 550 billion won this year, into the construction and supply of ���green homes,��� which.. [Jan.7,2009 14:45 KST]

The year 2008 has sent the South Korean economy on a crash course to despair. Various economic indices peaked in January, but declined over... [Dec.31,2008 14:53 KST]

President Lee Myung-bak made a statement Tuesday strongly pressuring the directors of public institutions, including public enterprises, to... [Dec.31,2008 12:52 KST]

A government project to refurbish four of the nation���s major rivers has taken another step forward with the Ministry of Land, Transport and... [Dec.24,2008 13:34 KST]

Sixty-nine state-run institutions, including Korea Railroad Corp., or KORAIL, and Korea Electric Power Corp, or KEPCO, plan to cut some 20,000... [Dec.22,2008 12:51 KST]

The government���s proposal to ease regulations on the property market is being received as though it were a locomotive running at full steam without any brakes. There are growing concerns that the.. [Dec.20,2008 12:39 KST]

Homeowners who have been riding the property boom for the past five to six years are faltering as their incomes decrease amid the economic... [Dec.19,2008 13:13 KST]