Korea Joongang Daily
Korea JoongAng Daily

Seoul launches new consultation body of top finance officials for macroeconomic response

A new policy consultation council of the country's top finance officials kicked off Wednesday in a bid to bolster cooperation among economy-related authorities in devising macroeconomic policies amid heightening global uncertainties.

2026-04-01

South Korea to seek consultation with UNC over push to reopen border trails inside DMZ

The Ministry of Unification said Thursday it will seek consultations with the U.N. Command (UNC) over its move to reopen three shuttered trail sections within the inter-Korean buffer zone of the demilitarized zone

2026-01-22

IMF urges Korea to reduce debt and focus on R&D, gives Lee positive reviews so far

The IMF projected that Korea’s government debt-to-GDP ratio will exceed 50 percent next year and urged the country to reassess its fiscal policy over the medium-to-long term, even as it recommended short-term fiscal expansion to support growth.

2025-11-24

Seoul, Washington continue new U.S. work visa discussions

Korea and the United States agreed Wednesday to seek practical support to ensure a smooth entry into the U.S. for Korean businesses investing in the country, as they held follow-up talks on visa issues, Seoul's foreign ministry said.

2025-10-22

Seoul job center to provide first-ever consultations for int'l students

Seoul will offer career consultations to 2,000 university students at its Job Match Seoul center, with international students offered consultations for the first time.

2024-03-04

Korea begins annual meetings with S&P to discuss credit, economy

Korea on Monday began annual consultation meetings with global rating appraiser S&P Global Ratings to discuss the country's credit valuation and economic circumstances, the Finance Ministry said.

2023-08-28

Yoon gov't gets going on diplomacy on North with U.S., China

The Yoon Suk-yeol administration is engaging in a series of diplomatic efforts this month that could focus on North Korean nuclear issues with key countries including the United States, China and Japan.

2022-09-14

Seoul launches one-stop shop for housing services

Seoul City will establish housing-assistance centers that provide welfare services, such as home repairs and emergency housing, in every district by 2024.

2022-04-25

Hong tells Fitch debt growth will be brought under control

Korea's top economic policymaker said Tuesday the country will step up efforts to curb the growth of national debt in a bid to improve fiscal soundness.

2021-07-06