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Business 26 Jan 2021 | 7:00 AM

South Korea eyes rich nation status as economy holds up

SEOUL: South Korea probably ended 2020 with less economic scarring than its developed peers and comparable income levels, as exports helped drive a recovery even with multiple waves of the coronavirus making consumers reluctant to spend.

Business 12 Aug 2020 | 7:00 AM

OECD is expecting South Korea to outperform

SEOUL: South Korea will take the smallest hit to growth of any advanced economy this year after it was able to limit the spread of the coronavirus without imposing severe lockdowns, according to the Organisation for Economic Co-operation and Development (OECD).