The number of applicants to the government’s unemployment program exceeded 600,000 last year for the first time, according to estimates. This increase was caused by sluggishness in the creation of new.. [Jan.2,2007 15:14 KST]

Free trade agreements (FTA) with the United States, Japan, China, and the Association of South East Asian Nations (ASEAN) will put pressure on more than 13,000 companies to restructure and put over 10.. [Jan.2,2007 15:11 KST]

Creating more jobs and boosting business investment are key goals for South Korea in 2007, the country's top economic policymaker said Monday. In a press conference to mark the start of the new.. [Jan.1,2007 20:03 KST]

South Korea's exports gained 14.6 percent from a year earlier reaching a record US$325.9 billion in 2006 a government report said Monday. The sharp rise in growth numbers marks the fourth strai.. [Jan.1,2007 17:37 KST]

Nearly a decade after the Asian financial crisis of 1997, South Korea has witnessed economic recovery, but the life of the general public has... [Jan.1,2007 15:17 KST]

For South Korea’s Internet industry, the watchword of the moment is user-created content (UCC). As South Korea’s major Internet portals such as... [Dec.31,2006 14:33 KST]

Auto recalls in South Korea dropped sharply this year due mainly to automakers' intensified competition to better serve customers, the government said Friday. A total of 314,866 vehicles were r.. [Dec.29,2006 17:01 KST]

South Korean construction companies are scrambling to make inroads into Vietnam in an effort to preempt a building boom in the fast-growing economy and find new sources of earnings amid weak constru.. [Dec.29,2006 14:27 KST]

Owners of South Korea’s family-run industrial conglomerates, or chaebol, have stepped up their efforts to transfer managerial control to their... [Dec.29,2006 13:18 KST]

President Roh Moo-hyun on Thursday met with the chairmen of South Korea's Big Four conglomerates -- Samsung, Hyundai Motor, LG and SK -- at his office Cheong Wa Dae to exchange views on the country'.. [Dec.29,2006 09:31 KST]