Page 29 - Joo Won News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BTS member Jin has been reportedly assigned as the teaching assistant at his 5th division training center

The Bank of Korea (BOK) is widely expected to raise its benchmark interest rate at least by a quarter percentage point later this week amid worries over persistently-high inflation, market observers said Monday.

The government needs to ease more business regulations to attract Korean enterprises active abroad to reshore their operations here, as a part of efforts to boost the market-driven economic strategy as addressed by President Yoon Suk-yeol, according to multiple studies and economists.

After two blockbuster K-dramas,"Reborn Rich" and "Vincenzo" Ji Han Chul is in talks to join the cast of the upcoming movie "Ro Ki Wan" led by Song Joong Ki. #JoHanChul #SongJoongKi #RoKiWan

Korea could face a mild recession in 2023, as exports and private spending are forecast to falter after serving as the country's two main growth drivers, according to multiple analysts from here and abroad. A recession generally is defined as a significant fall in gross domestic product (GDP) for two or more consecutive quarters. The projection comes amid the dominant outlook that Asia's fourth-largest economy will display rare low growth in the 1-percent range in 2023, compared to estimated growth in the 2-percent range in 2022.