Tag: livelihood

livelihood

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Presidential chief of staff for policy Kim Yong-beom speaks during a briefing at the Blue House in central Seoul on April 27. [YONHAP]

Top office says it is following economic conditions for small businesses

The presidential office is gravely aware that current economic conditions could weigh on smaller businesses and people's livelihoods, the office said Tuesday.

2026.5.26

An advertisement sticker for loan offering is attached on an electricity pole in Seoul in April 2025. [NEWS1]

Credit card loans up for 3rd month, hit all-time high in March

Outstanding credit card loans have risen for three consecutive months to reach an all-time high in March amid the economic slowdown and high inflation, data showed Tuesday.

2026.4.21

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Finance Minister Koo Yun-cheol speaks during an inaugural meeting of ministers in charge of livelihood-related economic affairs held at the government complex in Seoul on Jan. 7. [YONHAP]

Finance chief says 2026 economic policy to focus on people's livelihoods

Finance Minister Koo Yun-cheol said Wednesday that the government's economic policy will focus on stabilizing livelihoods. "The starting point of a major economic leap forward is a solid foundation for the people's livelihood," Koo said.

2026.1.7

President Lee Jae Myung dines with people at a restaurant in Gwanghwamun, central Seoul, on July 11. [YONHAP]

Seoul gov't, district offices struggle to find funds for Lee administration's coupon program

As the application period for the Lee Jae Myung administration’s public livelihood recovery coupons approaches on July 21, local governments are expressing deep concern over the financial burden.

2025.7.15

Shoppers walk past vendors at a traditional market in Jongno District, central Seoul, on April 15. The Korean government announced a supplementary budget aimed at addressing urgent national priorities including small business support on April 18. [NEWS]

Gov't announces $8.6B extra budget for wildfires, trade and AI

The Korean government unveiled details of a 12.2 trillion won ($8.6 billion) supplementary budget aimed at addressing urgent national priorities, including wildfire recovery, trade disputes, AI development and small business support on Friday.

2025.4.18

Normalize the legislature before it’s too late (KOR)

Lee must help put the legislature back on track by ending the DP’s dark history of submitting special motions to investigate or impeach whoever the party dislikes. Han also must accept Lee as a partner for governance and cooperate with him.

2024.8.20

Normalize the legislature before it’s too late

Lee must help put the legislature back on track by ending the DP’s dark history of submitting special motions to investigate or impeach whoever the party dislikes.

2024.8.19

Livelihood matters!

After pushing aside urgent livelihood bills, former Democratic Party leader Lee Jae-myung stressed the importance of improving people’s livelihoods when announcing his bid for the chairmanship of the party again.

2024.7.11

Good luck!

Despite public expectations for their successful face-to-face meeting today, President Yoon Suk Yeol and Democratic Party leader Lee Jae-myung will likely show a critical gap in their approaches to addressing people's ever-worsening livelihoods.

2024.4.28

Let me save the people!

In a weird turn of events, political leaders pretend to be "the savior of the people" despite a lack of their credentials.

2024.1.1