Despite decaying demographics, Koreans are spending more on private education and opening more cram schools.
There were 109,488 cram schools and private study rooms in...
Korea’s gross domestic product (GDP) grew 0.6 percent in the April-June period from the previous quarter, remaining unchanged from the earlier estimate.
Second-quarter expansion was...
Korea reported a third consecutive month of trade surpluses in August.
Exports fell for 11 months straight, but imports plunged further on the fall of...
Extreme heat and abnormal climate are slamming global economies, fueling inflation.
Korea’s inflation fell below 3 percent in June and July, but torrential downpour, extreme...
Korea is hosting a number of K-culture events overseas, including in India, Germany and Indonesia, to attract more tourists to Korea, the Ministry of...
Korea’s exports has plunged 16.5 percent through late August, continuing the downward trend since last October.
Korea logged $27.9 billion in exports in the first 20...
