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Korean economy grows but public feels little effect

The surprise growth of the Korean economy in the first quarter of this year appears not to be felt by the public, as many households and businesses continue struggling with high inflation, costly borrowing rates and other persistent economic challenges. ....

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Gov't goes all out to spur domestic demand to achieve growth target

The government will introduce a set of measures this week to revamp weakened private spending to achieve a growth target of 2.2 percent this year, the Ministry of Economy and Finance said Sunday. ....

South Korea , Soult Ukpyolsi , Ministry Of The , Ministry Of Economy , Citizen Coalition For Economic Justice , Korea Development Bank , Jung Ho Chul , Citizen Coalition , Economic Justice ,

CEO liability: boon or bane for finance sector?

A forthcoming law aimed at holding CEOs of financial firms criminally liable for lax internal controls is drawing mixed responses. Can it help root out unethical and deceptive sales of financial products? Or Will it be exploited by financial authorities to put pressure on firms? ....

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