SEJONG, Finance Minister Choi Sang-mok on Tuesday called for the National Assembly to pass a revised bill giving an additional two-year grace period for small businesses.
The remark came as the Serious Accidents Punishment Act enacted in 2022, which…
SEOUL, Actor Yoo Ah-in has developed a dependency on sleeping anesthetics, such as propofol, due to depression, but such medication was prescribed as part of medical procedures, his lawyer said during a court hearing Tuesday.
Yoo, whose legal name i…
SEJONG, South Korea’s agricultural ministry said Tuesday it plans to double the size of the country’s rice processing industry by 2028 to 17 trillion won (US$12.6 billion).
Under the goal, the country will also expand exports of related products to …
SEOUL, Banks in South Korea are expected to ease their stance on extending loans in the first quarter of the year due to demand for home-backed loan refinancing programs, a central bank survey showed Tuesday.
According to the poll of financial insti…
SEOUL, POSCO International Corp., the general trading and energy arm of South Korean steel giant POSCO Holdings Co., said Tuesday its net profit rose 12.5 percent on-year in 2023.
Net profit came to 680.4 billion won (US$509.6 million) on a consolid…