South Korea Economy
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Low Birth Rates, Ageing Population Make South Korea 'Super-Aged Society'
South Korea, Asia's fourth-largest economy recorded just 0.7 births per woman late last year -- one of the lowest birth rates in the world.
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Vietnam Debuts Academy of Blockchain, AI with Plans to Train a Million People in Emerging Tech
The Academy of Blockchain and AI Innovation (ABAII) was recently launched in Vietnam to educate tech students on the potential use cases of blockchain and AI in sectors like banking, data analysis, as well as digital economy and finance. Vietnam is ramping up efforts to join other Asian nations like India, Japan, China, and South Korea in exploring...
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Opinion | Sunak To Biden, No Incumbent Has It Easy This Year - Thanks To Economy
From South Korea and Turkey to the UK and the US, incumbent heads of state in most poll-bound countries are struggling to hold on to power and popularity.
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eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
The RBI managed to see transactions worth Rs. 5.70 crore processed via the eRupee CBDC during the first four months of retail trials. The information comes just days after the RBI told the media that the eRupee CBDC is to be loaded with features supporting features for offline payments and programmability.
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Indonesia Considering Visa-Free Entry For Indians, Chinese, US Nationals
Indonesia is considering granting visa-free entry to nationals of 20 countries, including the United States, China, Australia, India, South Korea, Germany, Britain and France, to boost its tourism and economy, its tourism minister said on Thursday.
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South Korea Breaks Record For World's Lowest Fertility Rate, Again
The average number of expected babies per South Korean woman over her reproductive life fell to 0.78 in 2022, down from 0.81 a year earlier.
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500 Evacuated After Massive Fire At South Korea Slum Town
One of the last remaining slums, the village is a symbol of inequality in Asia's fourth-largest economy just next to the flashy, affluent district of Gangnam.
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Apple, Google’s In-App Purchase Commission Dominance Likely to Be Curbed by South Korea
South Korea is likely to bar Google and Apple from charging software developers commissions on in-app purchases, the first such curbs by a major economy that could hurt the tech giants' lucrative revenue streams.
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Maharashtra To Sign 12 Business Deals In Effort To Revive Economy
Maharashtra, which makes the highest industrial contribution to India's economy, is all set to sign "12 large contracts" with companies from across the globe, including the US, China, South Korea and Singapore, later today.
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Rahul Gandhi Meets South Korea PM, Discusses Economy, Politics
Congress leader Rahul Gandhi has said he met South Korea Prime Minister Lee Nak-yon during a visit to the country and held discussions on wide-ranging issues.
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Sales Of Japanese Cars In South Korea Slump Amid Growing Diplomatic Row
Sales of Japanese-branded autos in South Korea slumped in July amid a worsening diplomatic row between the two countries that has led to consumer boycotts and efforts by Seoul to cut the economy's reliance on imports from Japan.
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South Korea's Burned Out Millennials Choose YouTube Over Samsung
Chaebols such as Samsung and Hyundai powered South Korea's dramatic rise from the ashes of the 1950-53 war into Asia's fourth-largest economy in less than a generation
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India Aims To Be Among World's Top 3 Economies In Next 15 Years: PM Modi
Prime Minister Narendra Modi on Thursday said India is on the way to becoming a $5 trillion economy soon and hoped that the country would to be among world's top three economies in the next 15 years.
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We Welcome South Korean Businesses To "The Indian Dream": PM Modi
Prime Minister Narendra Modi said today that the Indian economy is based on sound fundamentals and will in the near future double in size to USD 5 trillion, as he highlighted how India is a "land of opportunities" to investors in South Korea.
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US Agrees To India, 7 Nations Buying Iran Oil Despite Sanctions: Report
The U.S. has agreed to let eight countries -- including Japan, India and South Korea -- keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration official said. While the Trump administration's goal remains to choke off revenue to Iran's economy, waivers are being granted in exchange for continued ...
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Low Birth Rates, Ageing Population Make South Korea 'Super-Aged Society'
South Korea, Asia's fourth-largest economy recorded just 0.7 births per woman late last year -- one of the lowest birth rates in the world.
-
Vietnam Debuts Academy of Blockchain, AI with Plans to Train a Million People in Emerging Tech
The Academy of Blockchain and AI Innovation (ABAII) was recently launched in Vietnam to educate tech students on the potential use cases of blockchain and AI in sectors like banking, data analysis, as well as digital economy and finance. Vietnam is ramping up efforts to join other Asian nations like India, Japan, China, and South Korea in exploring...
-
Opinion | Sunak To Biden, No Incumbent Has It Easy This Year - Thanks To Economy
From South Korea and Turkey to the UK and the US, incumbent heads of state in most poll-bound countries are struggling to hold on to power and popularity.
-
eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
The RBI managed to see transactions worth Rs. 5.70 crore processed via the eRupee CBDC during the first four months of retail trials. The information comes just days after the RBI told the media that the eRupee CBDC is to be loaded with features supporting features for offline payments and programmability.
-
Indonesia Considering Visa-Free Entry For Indians, Chinese, US Nationals
Indonesia is considering granting visa-free entry to nationals of 20 countries, including the United States, China, Australia, India, South Korea, Germany, Britain and France, to boost its tourism and economy, its tourism minister said on Thursday.
-
South Korea Breaks Record For World's Lowest Fertility Rate, Again
The average number of expected babies per South Korean woman over her reproductive life fell to 0.78 in 2022, down from 0.81 a year earlier.
-
500 Evacuated After Massive Fire At South Korea Slum Town
One of the last remaining slums, the village is a symbol of inequality in Asia's fourth-largest economy just next to the flashy, affluent district of Gangnam.
-
Apple, Google’s In-App Purchase Commission Dominance Likely to Be Curbed by South Korea
South Korea is likely to bar Google and Apple from charging software developers commissions on in-app purchases, the first such curbs by a major economy that could hurt the tech giants' lucrative revenue streams.
-
Maharashtra To Sign 12 Business Deals In Effort To Revive Economy
Maharashtra, which makes the highest industrial contribution to India's economy, is all set to sign "12 large contracts" with companies from across the globe, including the US, China, South Korea and Singapore, later today.
-
Rahul Gandhi Meets South Korea PM, Discusses Economy, Politics
Congress leader Rahul Gandhi has said he met South Korea Prime Minister Lee Nak-yon during a visit to the country and held discussions on wide-ranging issues.
-
Sales Of Japanese Cars In South Korea Slump Amid Growing Diplomatic Row
Sales of Japanese-branded autos in South Korea slumped in July amid a worsening diplomatic row between the two countries that has led to consumer boycotts and efforts by Seoul to cut the economy's reliance on imports from Japan.
-
South Korea's Burned Out Millennials Choose YouTube Over Samsung
Chaebols such as Samsung and Hyundai powered South Korea's dramatic rise from the ashes of the 1950-53 war into Asia's fourth-largest economy in less than a generation
-
India Aims To Be Among World's Top 3 Economies In Next 15 Years: PM Modi
Prime Minister Narendra Modi on Thursday said India is on the way to becoming a $5 trillion economy soon and hoped that the country would to be among world's top three economies in the next 15 years.
-
We Welcome South Korean Businesses To "The Indian Dream": PM Modi
Prime Minister Narendra Modi said today that the Indian economy is based on sound fundamentals and will in the near future double in size to USD 5 trillion, as he highlighted how India is a "land of opportunities" to investors in South Korea.
-
US Agrees To India, 7 Nations Buying Iran Oil Despite Sanctions: Report
The U.S. has agreed to let eight countries -- including Japan, India and South Korea -- keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration official said. While the Trump administration's goal remains to choke off revenue to Iran's economy, waivers are being granted in exchange for continued ...
