Tag: local economy

local economy

Latest News

Sungsimdang bread: Daejeon's donation gift that keeps on giving

The bakery's popular bread and vouchers have helped drive Daejeon's hometown love donations more than twelvefold since 2023.

2026.8.20

A swarm of 1,000 drones and 15,000 fireworks light up Yeongildae Beach in Pohang, North Gyeongsang on Oct. 29. [POHANG]

Pohang hosts fireworks shows, food festivals for APEC

The ongoing APEC summit in Gyeongju, North Gyeongsang, is boosting the local economy of the city's neighbor, Pohang, North Gyeongsang, especially since business delegates are staying on cruise ships docked at Pohang's Yeongilman Port.

2025.10.30

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A vacancy notice is posted on a commercial building in Jung District, central Seoul, on April 29. [NEWS1]

Debt relief a Band-Aid for small merchants, but the cure may be big-box stores

Korea is rolling out debt relief for small merchants, but experts say real recovery requires reviving local commercial districts with anchor stores, foot traffic and digital infrastructure.

2025.6.27

Education Minister Lee Ju-ho announces a plan to double the international student body in Korea in the next four years in a press conference in Seoul on Wednesday. [NEWS1]

Ministry aims to double international student body by 2027

Korea wants to double its international student body in the next four years, the education minister said Wednesday...

2023.8.16

Samsung Electronics' semiconductor production plant in Pyeongtaek, Gyeonggi, in 2019. Such production plant helpped raise Gyeonggi's economy despite Covid-19 pandemic. [YONHAP]

Mining and manufacturing grow in three areas in 2020

Of Korea’s 17 provinces and cities independent of provinces, only three reported growth in mining and manufacturing last year.They were Gyeonggi, Sejong and Gwangju

2021.2.22

The screen in the dealing room of Hana Bank in Jung-district, central Seoul show the benchmark Kospi for April 28th. [YONHAP]

Kospi posts modest gains after boost from large caps

Stocks closed higher for the second straight day Tuesday amid hopes for an economic rebound, while the won gained ground against the dollar. After a choppy session, the benchmark Kospi gained 11.32 points, or 0.59 percent, to close at 1,934.09.

2020.4.29

Tag: local economy

local economy

Latest News

Sungsimdang bread: Daejeon's donation gift that keeps on giving

Pohang hosts fireworks shows, food festivals for APEC

Most popular

Veteran actors Yoo Hae-jin, Ryu Seung-ryong win Baeksang Grand Prizes — as it happened

BTS comeback: Bright lights and drone shows light up the sky as 'Arirang' finally arrives — as it happened

Yoon Suk Yeol sentenced to life in prison for insurrection — as it happened

North Korea releases new photos of Kim Jong-un to quash death rumors

Rooney, Maicon, Park Joo-ho score as Shield United wins Icons Match in Seoul — as it happened

Debt relief a Band-Aid for small merchants, but the cure may be big-box stores

Ministry aims to double international student body by 2027

Mining and manufacturing grow in three areas in 2020

Kospi posts modest gains after boost from large caps