SEOUL– The National Assembly is set to pass the government’s 2022 budget before Thursday’s deadline after increasing the sum by 3.5 trillion won (US$2.97 billion) to 607.9 trillion won, a ruling party official said.”The ruling and opposition parties h…
SEOUL– South Korea’s consumer prices rose at the fastest pace in nearly 10 years in November due to surging energy costs and high prices of farm products, data showed Thursday, lending support to the view that the central bank may further raise the po…
SEOUL– South Korea’s economy grew at the same pace as earlier forecast in the third quarter of the year despite better-than-expected private consumption and robust exports, central bank data showed Thursday.The country’s gross domestic product adjuste…
SEOUL– South Korea’s parliament on Thursday ratified the Regional Comprehensive Economic Partnership (RCEP), a regional free trade agreement that encompasses about one-third of the world’s gross domestic product.The ratification came after South Korea…
SEOUL– A total of 3,394 students across the country have tested positive for COVID-19 in the past week following the resumption of full-fledged in-person classes late last month, officials said Thursday.According to the education ministry, the number …