South Korea economy - updates

Rappler's latest stories on South Korea economy


South Korea plans $29-billion virus stimulus

Jun 03, 2020 - 6:40 PM

The South Korean government is eyeing a 35.3-trillion-won ($29-billion) package, its 3rd in response to the coronavirus pandemic

RELAXED. Office workers walk along a street during the lunch period in central Seoul on May 22, 2020. Photo by Ed Jones/AFP

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 Korean economy shrinks 1.4% over coronavirus

Apr 23, 2020 - 10:00 AM

With the coronavirus pandemic, South Korea posts its biggest decline in gross domestic product since the 2008 global financial crisis

PATIENCE. A health worker wearing a protective suit waits at a drive-through testing center for the coronavirus in Seoul on March 7, 2020. Photo by Ed Jones/AFP

The Philippines in ASEAN-South Korea relations

May 17, 2015 - 7:45 AM

[CIRSS Commentaries] How can the Philippines take advantage and maximize its participation in ASEAN South Korea relations?

(L-R) Cambodian Prime Minister Hun Sen, Indonesian President Joko Widodo, Laotian Prime Minister Thongsing Thammavong, Malaysian Prime Minister Najib Razak, Myanmar President Thein Sein, South Korean President Park Geun-Hye, Philippines President Benigno Aquino III, Singaporean Prime Minister Lee Hsien Loong, Thai Prime Minister Prayuth Chan-O-cha, Vietnamese Prime Minister Nguyen Tan Dung and The Sultan of Brunei Hassanal Bolkiah pose for a photo session at the ASEAN-Republic of Korea Commemorative Summit in Busan City, South Korea, December 12, 2014. Jung Yeon-Je/Pool/EPA

India's Modi heads to China as rivals seek common ground

May 12, 2015 - 2:28 PM

Analysts say Modi would be seeking greater access to China s markets for its vast pharmaceuticals industry and progress on funding for Indian infrastructure projects

In this file photo, Chinese President Xi Jinping (L) shakes hands with Indian Prime Minster Narendra Modi after the joint statement at Hyderabad house in New Delhi, India, September 18, 2014. Harish Tyagi/EPA

Giving back to the poor: Why social enterprises matter

Nov 26, 2014 - 8:00 AM

What are social enterprises and why should we care?

S. Korea economy grows 1.1% in Q3

Oct 25, 2013 - 10:32 AM

South Korea Asia s 4th largest economy matches the performance of 1 1 recorded in the second quarter

KOREAN ECONOMY. Asia's 4th largest economy, matches the performance of 1.1% recorded in the second quarter. Photo by AFP