July 3, 2024

PM says only way interest rates can go is down

Prime Minister Han Duck-soo struck a hopeful note on the economy Wednesday, saying he thinks the only way interest rates can go is down.

Han made the remark while attending a government meeting led by President Yoon Suk Yeol to discuss the direction…

Gist of S. Korea’s H2 economic policy plan

The following are the key economic policy measures planned by the South Korean government for the second half of 2024. The measures are aimed to support small merchants and ordinary people, and to boost domestic demand by stabilizing prices and propp…