September 29, 2026
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Tag : South Korea

Business

South Korea inflation quickens to 3.1% as costs climb

omandailynews.com
South Korea’s consumer prices rose 3.1% in August from a year earlier, official data showed. The increase accelerated from 2.8% in July and returned headline inflation above 3%. The consumer price index reached 120.05, with 2020 set as the base...
Travel

South Korea tourist arrivals reach 2.09 million in July

omandailynews.com
Foreign tourist arrivals in South Korea exceeded 2 million in July 2026 as inbound travel continued above pre-pandemic levels. The country received 2,093,223 foreign visitors during the month, according to the Korea Tourism Organization. That total rose 20.8% from 1,733,199...
Business

South Korea launches Arctic container ship trial to Europe

omandailynews.com
South Korea has begun its first container ship trial through the Arctic to Europe. The 2,758-TEU PanStar Acro left Busan New Port at about 9 p.m. on August 22. The Ministry of Oceans and Fisheries confirmed the departure and published...
Business

South Korea auto exports reach $6.24 billion in July

omandailynews.com
South Korea’s automobile exports rose 7.0% year on year to US$6.24 billion in July 2026. The total marked the highest export value ever recorded for the month of July. The Ministry of Trade, Industry and Resources said exports surpassed the...
Travel

South Korea tourism surplus reaches post-pandemic high

omandailynews.com
South Korea recorded a $596.6 million tourism surplus in June 2026, its strongest monthly result since the COVID-19 pandemic. The figure marked a $1.44 billion improvement from June 2025, when the balance showed an $846.8 million deficit. Korea Tourism Organization...
Business

South Korea heat wave drives fresh food prices higher

omandailynews.com
Fresh vegetable prices have surged in South Korea as prolonged extreme heat reduced shipments and damaged farm output nationwide. Korea Agro-Fisheries & Food Trade Corp. data showed spinach at 1,978 won per 100 grams on Aug. 7, up 152.3% from...
Travel

May foreign tourist arrivals drive South Korea travel surplus

omandailynews.com
Government data released on Sunday showed that South Korea's travel account posts surplus for 3rd consecutive month in May, supported by a significant rise in incoming foreign visitors. According to figures compiled by the Korea Tourism Organization and reported by...
News

Extreme heat wave triggers emergency alerts across Daegu

omandailynews.com
Meteorologists and civil defense officials in South Korea confirmed that the highest-level heat wave warnings took effect across major urban centers in the country's southeastern region following a sharp rise in temperatures. Reported by Yonhap News Agency, the severe heat...
Technology

Samsung sets 2029 start for first Yongin semiconductor plant

omandailynews.com
Samsung Electronics plans to start operations at its first chip plant in Yongin in 2029. The revised target brings the opening forward by one to two years from the earlier 2030 to 2031 schedule. The facility will anchor Samsung’s planned...
Business

South Korea exports reach record US$102.25 billion in June

omandailynews.com
South Korea’s exports topped US$100 billion in a single month for the first time in June, setting a national record as semiconductor shipments nearly tripled. The Ministry of Trade, Industry and Resources said exports rose 70.9% from a year earlier...