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Yoo Il Ho, South Korea's finance minister, speaks during a news conference in Seoul, South Korea, on Monday, Feb. 22, 2016. Regardless of how U.S.-South Korea talks on the Terminal High Altitude Area Defense anti-ballistic missile system conclude, South K

Aug 31, 2016 AM EDT - YuGee

South Korea Prepares 2017 National Budget

The Ministry of Strategy and Finance said on Tuesday that the South Korean government will increase its expenditure to 400.7 trillion won (US $360 billion) next year, focusing on improving social welfare and creating jobs.

students at Yonsei University

Aug 17, 2015 AM EDT - Dana Marie

Ministry of Education Pushes “Ghettoized” Courses in South Korean Universities

As the country’s number of foreign students keeps on declining, the Ministry of Education has pushed for a proposal to let colleges and universities develop specialized courses or departments in the fields of IT and shipping.

Hyundai luxury sedan

Aug 07, 2015 AM EDT - Dana Marie

More Strict Tax Laws on Business Vehicles

The South Korean government will implement more rigid tax regulations on the use of vehicles among businesses starting next year.

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