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ECONOMY

Retail sales see largest drop in 21 years

AsiaToday reporter Lee Choong-jaeLast year, retail sales experienced the largest decline since the 2003 “credit card crisis. Political turmoil at home and the uncertainty abroad brought by the inauguration of the second Trump administration have simultaneously frozen domestic consumption. Concerns are emerging that our economy is entering another phase of cr..

Gov’t plans to grant third disaster relief funds for virus-hit small businesses
AsiaToday reporter Lee Jang-won The government, Cheong Wa Dae and the ruling Democratic Party (DP0 agreed to provide relief grants of up to 3 mi..

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