Tag : South Korea

Business

UAE and Korea strengthen cooperation in energy and advanced industry

manamalive.com
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber,...
Korea to invest $285M in advanced industrial technologies
Business

Korea to invest $285M in advanced industrial technologies

manamalive.com
South Korea will invest $285M in AI, cybersecurity, and energy tech by 2031, aiming to drive innovation and industrial growth, according to the Ministry of Trade, Industry, and Energy....
Korean won hits new yearly low amid Trump tariff concerns
Business

Korean won hits new yearly low amid Trump tariff concerns

manamalive.com
The Korean won hit a new yearly low, falling to 1,471.35 per dollar, as US tariffs and domestic political tensions increase economic uncertainty in South Korea....
ADB lowers South Korea’s 2025 growth forecast to 2 percent
Business

ADB lowers South Korea’s 2025 growth forecast to 2 percent

manamalive.com
The ADB lowered South Korea's 2025 growth forecast to 2%, citing a semiconductor slump despite rate cuts and policies. The projection aligns with IMF and OECD estimates....
South Korea childbirths rise for second consecutive month in August
News

South Korea childbirths rise for second consecutive month in August

manamalive.com
South Korea saw a 5.9% rise in childbirths in August, marking the second consecutive month of increase amid ongoing concerns over low birth rates and the country's aging population....
South Korea to introduce visa for high-tech foreign professionals
News

South Korea to introduce visa for high-tech foreign professionals

manamalive.com
South Korea will introduce a "Top-Tier Visa" to attract foreign workers in high-tech sectors like AI and robotics, offering immigration benefits to support the country's innovation....