윤희훈 기자

Yun Hee-hun Staff writer, Economic policy News Desk

Total articles(111)
Minister Ahn urges KITA to enhance export support amid challenging first half
Minister Ahn urges KITA to enhance export support amid challenging first half
Minister Ahn Duk-geun of the Ministry of Trade, Industry and Energy said on the 21st, “Due to the worsening export conditions for key items such as semiconductors and automobiles, as well as base effects, exports are expected to be particularly difficult in the first half of this year.” Minister Ahn...
Korea's January exports drop 5% amid fewer working days and declining vehicle sales
From the 1st to the 20th of this month, South Korea's exports amounted to $31.6 billion, a decrease of 5.1% compared to the same period last year. Imports totaled $35.4 billion, down 1.7% from the same period last year. According to the 'Import and Export Status from January 1 to 20, 2025', released...
Choi Sang-mok calls early Trump presidency a 'golden time' for South Korea's economy
Choi Sang-mok, acting President and Deputy Prime Minister and Minister of Strategy and Finance, said on the 20th, "How the new U.S. government responds in its early days to promote major policies at a rapid pace will be a 'golden time' that will significantly impact our economy in the future." Actin...
Jeju Air launches support group for families of plane crash victims
A dedicated organization to support the bereaved families of the Jeju Air passenger plane disaster that occurred at Muan International Airport in Jeollanam-do will be launched on the 20th. The Ministry of Land, Infrastructure and Transport noted that the '12.29 Jeju Air passenger plane accident vict...
IMF reduces South Korea's growth forecast to 2.0% amid political uncertainty
The International Monetary Fund (IMF) projected South Korea's economic growth rate at 2.0% for this year. This figure is down 0.2 percentage points (p) from the forecasted rate of 2.2% presented in last October's World Economic Outlook. It is the same as the projection of 2.0% presented by the IMF a...
Korea's employment slowdown heightens economic pressures, growth outlook downgraded
The government evaluated the Korean economy, noting that "employment has slowed, and downward pressures on the economy have increased." This assessment is worse than last month’s diagnosis, which expressed concerns about the increasing downward risk due to the economic sentiment of households and co...
Korea expands national strategic technology to include materials and parts for HBM
Last year, high-bandwidth memory (HBM) technology was added to the national strategic technology, and now the scope has been expanded to include materials, parts, and equipment (substitutes) related to HBM. The previous scope of national strategic technology was limited to the design and manufacturi...
South Korea eases tax exemptions for homeowners purchasing low-cost dwellings
The conditions for the target of the comprehensive real estate tax exemption for one household and one dwelling are eased from a publicly announced price of 300 million won to 400 million won. Homeowners acquiring unsold dwellings (with a usable area of 85 square meters and a purchase amount of 600 ...
Korea recommends 22% anti-dumping duty on Chinese stainless steel plates
The Ministry of Trade, Industry and Energy's Trade Commission has decided to recommend the imposition of provisional anti-dumping tariffs on stainless steel plates from China. The authority to decide on the tariff imposition rests with First Vice Minister and Minister of Ministry of Strategy and Fin...
Reducing rice cultivation area boosts farmers' income by 2.6% in South Korea
The government projected that if the goal of reducing the rice cultivation area by 80,000 hectares (ha, 1 ha = 10,000 m²) to stabilize rice prices this year is achieved, the average income for farm households will reach 54.35 million won, an increase of 2.6% compared to last year. This is based on t...
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