Articles by 김주연
김주연
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Price controls expected to have limited effect
Seoul’s fresh plans to control inflation announced Thursday would provide only temporary relief to the market as authorities could do only so much to stabilize price volatilities aroused by overseas supplies, economists said. A pan-government task force headed by the Finance Ministry unveiled a package of action plans mobilizing all administrative power to secure supply of crops and freeze public
Jan. 14, 2011
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Seoul all-out to contain prices
Measures include tariff cuts, crop and housing suppliesThe government plans to cut food tariffs, increase crop supplies and freeze public service costs in what it calls a “war against inflation.” A pan-government task force headed by the Finance Ministry on Thursday reported to President Lee Myung-bak a package of measures to rein in skyrocketing food, energy and home rental costs that are threate
Jan. 13, 2011
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Food cost hikes alarm policymakers
Government to announce price control steps next weekRising consumer prices led by food and fuel costs alarmed policymakers prompting President Lee Myung-bak to declare “a war against inflation” Tuesday. The government is working on measures to stabilize prices before the country scrambles to buy food and gifts for the Feb. 3 Lunar New Year celebrations. Food companies are rushing to raise prices f
Jan. 4, 2011
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Lee to focus on inflation, job creation...
President Lee Myung-bak said Monday that his economic policies will focus on strong economic growth, job creation and a firmer middle class. “This year, our goals in running the economy are: a high economic growth rate of over 5 percent, inflation of under 3 percent, the creation of good jobs and improvement in quality of life of middle- and low-income families,” Lee said in his New Year’s address
Jan. 3, 2011
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