Seoul: Hyundai Motor Co., South Korea’s largest car manufacturer, reported a 14 percent decrease in sales for August compared to the same month last year,
Seoul: The foreign ministry plans to more than quadruple its cybersecurity budget next year following a major cyberattack, while reducing its budget for official development
Seoul: Prime Minister Han Seong-sook declared on Tuesday that she is committed to ensuring the success of the government’s housing supply plan, stating that she
Seoul: The South Korean government has announced a landmark budget proposal for 2027, calling for record spending of 821 trillion won (US$595 billion) to tackle
London: North Korea has downgraded its diplomatic mission in London in protest against Britain’s decision to sanction a North Korean camp over its suspected involvement
Seoul: The South Korean government has proposed an 820.9 trillion-won (US$595 billion) state budget for 2027, marking a 12.8 percent increase in fiscal spending compared
Seoul: The defense ministry announced on Tuesday that it has proposed an 8.2 percent increase in the 2027 budget, aiming to expedite the transfer of
Seoul: The South Korean government announced its plans on Tuesday to establish the Future Fund, which aims to utilize an unprecedented tax revenue windfall from