Skip to main content
Skip to footer
The market is expected to reach KRW1,510.2 trillion ($1.1 trillion) by 2029, supported by the country’s exceptionally high card penetration, robust payments infrastructure, and continued government efforts to promote cashless transactions Semiconductors continued to power overall export growth despite U.S. tariff measures affecting global trade flows Card payments market is driven by contactless adoption and strong banking access The agreement allocates $200 billion in cash payments, capped at $20 billion per year, and $150 billion for joint shipbuilding projects China’s imports rose 1 percent in October from a year earlier, slowing sharply from 7.4 percent growth in September South Korea aims to become a top global AI powerhouse with NVIDIA's advanced computing technologies The investment aligns with India's "Viksit Bharat 2047" vision to become a leading digital economy The deal supports ongoing reforms and debt restructuring essential for long-term economic stability The K visa simplifies entry for young professionals, eliminating job offer requirements for STEM fields Under the Indonesia-EU trade deal, tariffs on 96 percent of goods will be reduced to zero over five years The one-year loan prime rate (LPR) was held at 3.0 percent on Monday, while the five-year LPR remained unchanged at 3.5 percent The government lowered its inflation-adjusted growth forecast for the fiscal year to 0.7 percent from 1.2 percent Economists suggest limited easing opportunities as U.S. tariffs impact India's export landscape Since December 2018, over 20,293 container ships have navigated these vital international routes Sri Lanka has set an ambitious target of drawing 3 million tourists and generating $5 billion in tourism revenue in 2025 South Korea will be subject to a 25 percent reciprocal tariff unless it reaches a deal before the deadline S&P Global's PMI for manufacturing dropped to 48.8, marking a decline from June's 50.1 Private consumption increased 0.5 percent, supported by improving sentiment and a stock market rally CPI edged down 0.1 percent year on year, impacting economic outlook Benchmark loan rates unchanged as country faces trade challenges The Tianping-3A 02 satellite boosts Chinese radar imaging and supports space exploration efforts The funds will be offered to companies in national strategic industries in the form of cheap loans and other investments over the next five years The government plans to issue $179 billion in special treasury bonds this year to finance its stimulus effort The central bank cut the repo rate by 25 basis points to 6.25 percent after keeping it unchanged for eleven consecutive policy meetings
