Korea Joongang Daily
Korea JoongAng Daily

McDonald's Korea to increase prices on 35 menu items, cites higher costs

McDonald's Korea, the local unit of U.S. fast-food giant McDonald's, said Thursday it will raise the prices of 35 menu items by an average of 2.4 percent this week, citing higher costs.

2026-02-19

Exports projected to rise nearly 13% in Q1 on robust chip demand: Exim Bank

Korea's exports are expected to increase by nearly 13 percent from a year earlier in the first quarter, driven by strong global demand for semiconductors, the state-run Export-Import Bank of Korea said Wednesday.

2026-02-04

Consumer prices rise 2% in January, slowest pace in 5 months

Korea's consumer prices rose at the slowest pace in five months in January, partly helped by the steady prices of petroleum products, government data showed Tuesday.

2026-02-03

Parental leave reaches record high in 2024 on increased births, support measures

The number of Korean workers taking parental leave reached a record high in 2024, data showed Wednesday, largely due to a rise in the number of births last year and the effects of government policies promoting parental leave.

2025-12-17

'No one to turn to': Number of 'solitary deaths' rose 7.2% in 2024

A man in his 50s who lived alone in a multi-unit house in Seoul was found dead in May last year when his landlord visited to collect overdue rent. He had no steady job and had been out of contact with family since divorcing about a decade earlier.

2025-11-27

Korea's fried chicken chains reduce portions amid rising costs

Korean fried chicken chains are reducing portions amid rising costs, without changing prices.

2025-09-13

Some national pension contributions set to rise as new criterion take effect in July

A new national pension criterion will take effect starting in July, raising some subscribers' monthly contributions by up to 18,000 won ($13).

2025-06-29

Korea experiences highest April birthrate increase in 34 years on back of post-Covid marriage surge

The number of babies born in Korea in April saw the highest year-on-year increase for that month in 34 years, driven by a rebound in marriages and government efforts to support childbirth.

2025-06-25

Customers turn to cheaper, imported milk

A man is seen picking out a milk carton pack at a discount mart in downtown Seoul on Sunday.

2024-07-14

McDonald's to raise prices of some items in line with industry trend

McDonald's Korea will hike prices by an average of 2.8 percent on certain menu items from May 2, following an industry-wide trend in the last month.

2024-04-26