President Lee Myung-bak on Monday reiterated his pledge to enforce sweeping deregulation to induce domestic conglomerates to expand investment and create jobs. Presiding .. [Apr.29,2008 09:01 KST]

As the ruling Grand National Party and the Ministry of Strategy and Finance have been at odds over a bill to create a supplementary budget to... [Apr.28,2008 12:32 KST]

The government announced that it will draft a budget supplement that uses the nation’s current tax surplus, despite objections from the... [Apr.25,2008 13:25 KST]

The South Korean economy grew at the slowest pace in more than 3 years in the first quarter as exports and facility investment fell amid slowing consumer spending, the ce.. [Apr.25,2008 09:07 KST]

South Korea's economy is estimated to have grown a solid 5.4 percent in the first quarter but expansion will lose momentum this year amid toughening business condition.. [Apr.23,2008 09:12 KST]

Small- and medium-sized manufacturing companies are facing a growing number of problems due to pressure from major discount stores such as... [Apr.22,2008 13:07 KST]

The government has retreated from its previously stated goal of achieving 6-percent economic growth this year. The Ministry of Strategy and... [Apr.16,2008 12:34 KST]

South Korea's consumer confidence fell to its lowest level in 12 months in March, hurt by increasing inflationary pressures amid high crude oil and commodity prices, a government rep.. [Apr.8,2008 09:11 KST]

South Korea's electronic securities transactions rose 20.6 percent in 2007 from a year earlier, mainly because people engaged in more online trading amid the market's.. [Apr.4,2008 11:42 KST]

The assets and sales of the nation’s leading companies increased dramatically last year, while the number of jobs available at these same... [Apr.3,2008 12:34 KST]