Economy
South Korea Sets 2027 Minimum Wage at 10,700 Won per Hour
South Korea has set its minimum wage for 2027 at 10,700 won per hour, an increase of 380 won from this year.The Ministry of Employment and Labor finalized and announced…
Korea and UAE Expand Digital and Advanced-Technology Investment Cooperation… 7 MOUs Signed
Korea and the United Arab Emirates (UAE) are set to significantly expand investment and industrial cooperation in digital and advanced-technology fields such as artificial intelligence (AI) and robotics. Ryu…
Second Application Window for Youth Future Savings Opens on October 7
The Financial Services Commission, the Korea Inclusive Finance Agency and other related institutions will begin accepting applications for the second enrollment window of the Youth Future Savings program on…
Incheon to Hold 2026 Tourism Souvenir Competition, Entries Open Oct. 12
The Incheon Metropolitan Government (Mayor Park Chan-dae) is holding the 2026 Incheon Tourism Souvenir Competition to discover flagship tourism souvenirs that capture the region's history and culture, with entries…
“Even the Smallest Accessory Passes Through Human Hands”… JOY YOU Carries on 26 Years of Manufacturing Strength Behind Namdaemun
The strength of JOY YOU, which has continued its fashion accessory business in Seoul’s Namdaemun area for 26 years, goes far beyond the glamorous displays in its store. After passing…
“One Sample Can Start a New Business Relationship”… JOY YOU Preserves 26 Years of Manufacturing Experience in Thousands of Samples
It is difficult to explain the competitiveness of JOY YOU, a company that has been manufacturing and trading fashion accessories in Seoul’s Namdaemun Market for about 26 years, simply by…
Yeongjong-gu Runs ‘Village Tax Accountant’ Program Through Pro Bono Service, Offering Free National and Local Tax Consultations
Yeongjong-gu District (Mayor Son Hwa-jeong) of Incheon said on the 15th that it is operating the "Village Tax Accountant" program, which provides residents with free tax consultations based on the…
Incheon City Presses at National Assembly for Additional 93.9 Billion Won in State Funding
Incheon Metropolitan City (Mayor Park Chan-dae) visited the National Assembly on September 14 and formally launched efforts to secure an additional 93.9 billion won in state funding for major…
“From Namdaemun Back to the World”…26-Year Accessory Company ‘JOY YOU’ Seeks New Global Buyers
JOY YOU, a fashion accessory manufacturer and trading company that has been based in Seoul's Namdaemun Market for 26 years, is seeking to reconnect with overseas buyers in a market…
August ICT Exports Hit 59.98 Billion USD, Setting New Record and Approaching 60 Billion
South Korea's information and communications technology (ICT) exports reached 59.98 billion USD in August this year, approaching the 60 billion mark and surpassing the previous all-time high. The trade…
