The Challenges of a Second Minimum Wage Increase in South Korea
The Korean government announced on July 14 that it will raise the minimum wage next year by 10.9% to 8350 won ($7.40), following a 16.9%...
Analysis and publications on economic policy, trade relations, business, financial issues, and commercial developments affecting U.S.-Korea relations.
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The Korean government announced on July 14 that it will raise the minimum wage next year by 10.9% to 8350 won ($7.40), following a 16.9%...
For the first time in his presidency, South Korean President Moon Jae-in has seen his approval ratings fall below 60 percent as economic issues rise...
Widely known as the “Delivery Nation,” South Koreans enjoy high speed delivery services in almost every product, including food, socks, and staples.
Imposing tariffs based on an overly broad interpretation of national security could boomerang against U.S. interests as other nations replicate U.S. actions.
The number of Chinese tourists arriving in South Korea in March and April has increased year-on-year for the first time since February 2017.
After a sudden Chinese ban on waste and recycling import, South Korea is now scrambling to cut down on the plastic waste that the country...
Enhanced bilateral trade and investment under the KORUS FTA has positively impacted the U.S. copyright industries in several ways.
While there are reasons to be hopeful about the outcome of the summit, investing now in the resumption of Inter-Korean construction projects is premature even...
While many have expressed relief over reaching a tentative deal on the KORUS FTA, Korea still could get caught between China and the United States.
With a near Chinese embargo on exports causing an outflow of reserve dollars, how is North Korea maintaining stability in the domestic money supply.
The U.S. set a new record of $48.3 billion in exports of manufactured and agricultural goods to the Republic of Korea in 2017.
Less than a decade ago, the subject of U.S. beef in Korea garnered fierce criticism. Today, Korea represents the second largest export market for U.S....
Despite the number of South Korean students studying in the United States dropping for the sixth year in a row, South Korea regained its spot...
By Hwan Kang The word “Smart Grid” became popularized when the energy industry thought applying sensors and having comprehensive control over the whole cycle of...
China’s trade with North Korea fell sharply from relatively high August levels and continues an erratic if clear decline since tighter UN sanctions.