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Finance minister says private sector work culture needed to overhaul bureaucracy

Korean Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok proposed adoption of the work culture of McKinsey, a multinational management consulting firm, in his drive to overhaul bureaucratic leadership and structures.

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Korea, Japan jointly vow response to FX volatility as currencies stumble

Korea, Japan jointly vow response to FX volatility as currencies stumble
hani.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hani.co.kr Daily Mail and Mail on Sunday newspapers.

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Korea, Japan jointly vow response to FX volatility as currencies tumble

Korea, Japan jointly vow response to FX volatility as currencies tumble
hani.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hani.co.kr Daily Mail and Mail on Sunday newspapers.

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Government unlikely to meet 2% inflation target in H1

Chances appear to be slim for the government to lower inflation to its target of 2 percent by the first half of this year, as high fresh produce prices and volatile oil prices persist, adding to inflationary pressure.

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Public museums to host weddings

The National Museum of Korea, the National Museum of Modern and Contemporary Art and dozens of other famous public museums will be open for couples to hold wedding ceremonies, as a part of the government’s support to lessen financial burden on young people planning to get married.

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[Yoo Choon-sik] Election a test over growth woes

Events regarding central bank policy meetings attract huge attention not only from professional investors but also from many others outside the financial industry in most countries, including South Korea. This attention is understandable, as their policy decisions -- usually concerning short-term interest rates -- impact everyday economic activities across the country indiscriminately. In addition to the policy decis...

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Government to spend 65% of 2024 budget in H1

The government will spend more than 65 percent of its 2024 fiscal budget in the first half of the year in a bid to boost demand and bolster people’s livelihoods, the country’s top economic policymaker said, Tuesday.

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Yoon says short-selling ban will remain in place until side effects settle

By AsiaToday reporter Hong Sun-miPresident Yoon Suk-yeol said Thursday the ban on stock short selling will remain in place until side effects settle...

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New industry minister pledges policy support to achieve 2024 export target

New industry minister said Friday he will deliver a range of policy support to help Korea achieve this year's export target of $700 billion.

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Korea sets $700 bil. exports goal for 2024

Korea aims to push up the country’s exports to a record-high $700 billion in 2024, capitalizing on a rebound in outbound shipments that are projected to be a key determinant of this year’s economic growth, the government said, Thursday.

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