Bank of Korea - updates

Rappler's latest stories on Bank of Korea


South Korea's GDP to shrink faster – central bank

Jun 02, 2020 - 12:00 PM

The Bank of Korea predicts the world's 12th biggest economy will shrink at least 2% in the April-June period

NO DISTANCE. In a photo taken on May 24, 2020, a couple wearing matching clothes sit before the city skyline and Han River in Seoul. Photo by Ed Jones/AFP

South Korea predicts economy will shrink, cuts interest rate

May 28, 2020 - 4:35 PM

The Bank of Korea sees a 0.2% economic contraction for 2020. It also says 'the employment situation has deteriorated.'

A couple wearing face masks walk past a night club, now closed following a visit by a confirmed COVID-19 coronavirus coronavirus patient, in the popular nightlife district of Itaewon in Seoul on May 10, 2020. South Korea's capital has ordered the closure of all clubs and bars after a burst of new cases sparked fears of a second coronavirus wave as President Moon Jae-in urged the public to remain vigilant. Jung Yeon-je / AFP

South Korea offers to fund Philippine infrastructure projects

Jun 07, 2017 - 7:15 PM

The Export Import Bank of Korea KEXIM offers concessional loans and a knowledge driven program that will enable South Korea to share its successes and failures to the Philippines

WELCOMED. Representatives of KEXIM met with Philippine government to discuss their proposed concessional loans for some Philippine public infrastructure deals. Rappler file photo

Duterte, London attack, Bangladesh Bank heist | Midday wRap

Mar 23, 2017 - 1:20 PM

Watch the evening newscast with Chay Hofileña

PH banking system stable amid challenging global financial landscape

May 07, 2016 - 1:06 PM

The Bangko Sentral ng Pilipinas says banks risk taking activities had manageable impact on capital and profitability

REMAINS ROBUST. Foreign banks that entered the Philippines last year brought in fresh funds to the local banking system. Photo by Ramon Velasquez

PH, South Korea sign $100M loan deal for Panguil Bay Bridge

Apr 28, 2016 - 2:15 PM

The bridge will connect Tangub Misamis Occidental and Tubod Lanao Del Norte

CONNECTING CITIES. Panguil Bay Bridge is targeted to be implemented starting this year until 2018. Image from

Philrem P10M profit, North Korea missiles, heat record | 12PM wRap

Mar 18, 2016 - 12:41 PM

Watch Rappler’s 12PM newscast with Chay Hofileña