The government allows 165,000 foreign workers to enter on non-professional work visas, the highest number ever. Read more about The government allows 165,000 foreign workers to enter on non-professional work visas, the highest number ever.
The Minimum Wage Commission increases the hourly minimum wage to 9,860 won (US$7.80), up 2.5% from 2023. Read more about The Minimum Wage Commission increases the hourly minimum wage to 9,860 won (US$7.80), up 2.5% from 2023.
South Korea doubles the limit on tax refunds for foreign tourists starting in January. Read more about South Korea doubles the limit on tax refunds for foreign tourists starting in January.
South Korean stock markets offer the highest potential earnings growth in Asia-Pacific as its semiconductor sector recovers from steep profit declines. Read more about South Korean stock markets offer the highest potential earnings growth in Asia-Pacific as its semiconductor sector recovers from steep profit declines.
South Korea pilots a central bank digital currency (CBDC) involving 100,000 citizens by the end of the year. Read more about South Korea pilots a central bank digital currency (CBDC) involving 100,000 citizens by the end of the year.
A 3-3.5°C increase under the A1B emissions scenario (a balanced emphasis on all energy sources) is likely, with a 10-20% increase in precipitation. The southern part of the country will likely become subtropical. Read more about A 3-3.5°C increase under the A1B emissions scenario (a balanced emphasis on all energy sources) is likely, with a 10-20% increase in precipitation. The southern part of the country will likely become subtropical.
Started in 2022, South Korea has this year completed the development of a new class of missiles with significantly enhanced destructive power. Read more about Started in 2022, South Korea has this year completed the development of a new class of missiles with significantly enhanced destructive power.
