Search results for OECD
AI & Enterprise
Microsoft says South Korea should focus on corporate AI transformation based on semiconductor strength, not standalone LLM
Microsoft stressed an open AI ecosystem at a National Assembly event and said South Korea should focus on corporate AI transformation based on its semiconductor competitiveness rather than building a standalone large language model. A Microsoft executive said most countries have failed to develop sovereign LLMs despite heavy investment. Participants called for policy changes on interoperability, data use and certification. South Korean ministries said they share the direction but need public consensus and prioritisation.
Finance
South Korea\'s national debt jumps to 1304.5 trillion won, GDP ratio surges to 49 percent
South Korea\'s national debt rose to a provisional 1304.5 trillion won last year, up 129.4 trillion won from the previous year, according to the 2025 fiscal year national settlement report. The debt-to-GDP ratio climbed to 49.0 percent from 46.0 percent in 2024. The government projected debt will keep rising through 2029, lifting the ratio to 58.0 percent. Weaker growth and fiscal pressures could accelerate the rise.
Telecommunications & Media
Starlink prices in South Korea 1.01 times OECD average, report says
Starlink\'s prices in South Korea are close to the OECD average, a report released on Monday by the Korea Information Society Development Institute (KISDI) showed. The report put the residential fee at 87,000 won, or $61.16 at the 2025 average exchange rate, 1.01 times the OECD average of $60.59. It said Starlink was commercialised in 37 of 38 OECD countries as of January 2026, excluding Turkey.
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General News
March consumer prices rise 2.2 percent; oil products jump 9.9 percent amid Middle East shock
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Economy
OECD sparks signs of wave of Korea growth downgrades amid Middle East vulnerability
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Crypto
People Power Party pushes to abolish digital asset income tax after scrapping financial investment tax
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Finance
Bank of Korea likely to raise 2026 growth forecast to 1.9 to 2.0 percent; focus on U.S. tariff assessment
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People & Appointments
Bae Gyeong-hun chairs GPAI ministerial council as co-chair
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AI & Enterprise
Baek Gyeong-hun steps up AI diplomacy in India
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Crypto
Upbit opens applications for 2026 Senior Financial Golden Bell
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Finance
Korean stock market enters new era as KOSPI touches 5,000
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Industry
OECD business groups: 60 percent see downturn continuing in first half, sharp contraction view plunges to 0.6 percent
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Crypto
Hong Kong finance industry seeks easing of OECD CARF rules
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Crypto
48 countries including UK formally implement CARF crypto tax rules
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Finance
Top stock return in 2025 is not SK Hynix or Doosan Enerbility
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Games & Commerce
November consumer prices rise 2.4 percent as weak won impact builds
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Telecommunications & Media
International cooperation essential to counter disinformation