Tag: South Korea

South Korea central bank hits record annual profit

SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to…

South Korea starts 2026 with 11.3 trillion won surplus

SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as…

Bank of Korea holds 2.5% rate and rolls out dot plot

SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50%…

AI boom lifts South Korea ICT exports above 260 billion dollars in 2025

MENA Newswire, SEOUL: South Korea’s exports of information and communication technology products rose more…

South Korea online sales hit record 16.75 billion in November

MENA Newswire,  SEOUL: Online shopping sales in South Korea reached a record 24.15 trillion won (US$16.75…

UAE and Korea strengthen cooperation in energy and advanced industry

SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea…

Digital transactions in Korea hit record levels in 2024

Electronic payments in Korea reached a new record in 2024, signaling growing…

Korea to invest $285M in advanced industrial technologies

South Korea will invest $285M in AI, cybersecurity, and energy tech by…

South Korea’s 2025 growth revised downward to 2 percent by ADB

The ADB lowered South Korea's 2025 growth forecast to 2%, citing a…

Korea’s current account surplus reaches $74.24 billion in 2024

Korea recorded its sixth monthly current account surplus in October, driven by…