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Govt to monitor impact of US tariff hikes on some Chinese imports: finance minister

Finance Minister Choi Sang-mok said Tuesday the government will closely monitor the impact of Washington's recent decision to raise tariffs on some Chinese imports. The remark came as the United States announced last week its plans to raise tariffs on around $18 billion worth of imports from China, focusing on strategic sectors, such as solar cells, semiconductors and electric vehicles. "While South Korea h.

Korean government to monitor effects of U S tariff increases on selected Chinese imports, says finance minister

Finance Minister Choi Sang-mok said Tuesday the government will closely monitor the impact of Washington s recent decision to raise tariffs on some Chinese imports.

[Herald Interview] Korea inspires other donors for development funding: World Bank vice president

Akihiro Nishio, the World Bank’s vice president for development finance, said Korea becoming the host country for the International Development Association's 21st replenishment meeting could uplift the spirit of contribution to the global solidarity fund. The International Development Association, a development finance institution under the multilateral lender World Bank Group, seeks to help the world&rsqu.

Korean President Yoon Suk Yeol orders scrapping of preliminary feasibility studies for R&D projects

President Yoon Suk Yeol instructed the government Friday to scrap all preliminary feasibility studies for research and development (R&D) projects to speed up their implementation and support economic growth.

Yoon orders scrapping of preliminary feasibility studies for R&D projects

President Yoon Suk Yeol instructed the government Friday to scrap all preliminary feasibility studies for research and development (R&D) projects to speed up their implementation and support economic growth. Yoon made the remark during a national financial strategy meeting held to discuss fiscal policy issues ahead of the government's formulation of next year's budget. "I ask you to abolish prelimi.

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