Government Approves Food Consumption Tax Cut to 1% to Ease Household Burden Cabinet approves a food consumption tax cut from 8% to 1% on August 5, 2026, promising household savings …
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Business
Semiconductor shipments lift South Korea GDP 0.6% in Q2 amid uneven recovery
by Sato Asahiby Sato AsahiSouth Korea GDP Rises 0.6% in Q2 as Record Semiconductor Shipments Power Growth South Korea GDP rose 0.6% in the second quarter as unprecedented semiconductor exports and robust IT shipments …
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Business
CPTPP and RCEP deliver uneven benefits as tariff reductions phase in
by Sato Asahiby Sato AsahiJapan Firms Face Uneven Gains as CPTPP and RCEP Tariff Cuts Phase In Major Asian trade pacts CPTPP and RCEP are delivering benefits unevenly as many tariff reductions are phased …