S. Korea's economy grows 1.3 in Q1, matching earlier estimate

Maj. General al-Zubaidi discusses with U.S. Ambassador ways to support reform process, economic recovery

The Member of the Presidential Leadership Council (PLC) Maj. General Aidaroos al-Zubaidi highlighted the importance of joining regional and international efforts to support the underway reforms by the PLC and the government to achieve economic recovery, boos stability and improve livelihoods in Yemen.

Bulgarian Tourist Union to Celebrate 130 Years of Organized Tourism in Bulgaria

The Bulgarian Tourist Union (BTU) will organize a hike for hundreds of mountain lovers, starting from the Ivan Vazov National Theatre to Mt. Cherni Vrah, to celebrate 130 years of organized tourism in Bulgaria.

Emirati economy grows 5.3 percent in non-oil businesses

The real GDP of the United Arab Emirates (UAE) recorded a growth of 3.9 percent, reaching 455 billion dirhams in the first quarter of 2025, compared to the same period in 2024.

Leeds United beat Everton in English Premier League

Leeds United beat Everton 1-0 at Elland Road in the final round of the English Premier League.

Last Update: ، 2025/09/09 Time 08:35:26
Latest News:

Deputy FM Receives Copy of Credentials of EU Ambassador

Agriculture Minister Launches Five-Year Strategic Plan for Cooperative and Agricultural Credit Bank

Central Bank of Yemen Announces Two Treasury Auctions

PM highly appreciates Saudi significant support for Yemen

Defense Minister Commends Supreme Military Committee's Role in Unifying Armed Forces

S. Korea's economy grows 1.3 in Q1, matching earlier estimate

[05/06/2024 11:44]

SEOUL-SABA
South Korea's economy grew at the fastest pace in over two years in the first quarter of this 2024 with 1.3 percent.

The S. Korean News Agency (Yonhap) reported that the country's real gross domestic product -- a key measure of economic growth -- increased 1.3 percent on-quarter in the January-March period, matching an earlier estimate, according to preliminary data from the Bank of Korea (BOK).

The first-quarter expansion compares with the 0.5 percent on-quarter expansion in the September-December period and marks the highest since the fourth quarter in 2021, when the economy expanded 1.6 percent.

On a yearly basis, South Korea's economy advanced 3.3 percent in the first quarter, higher than the 2.1 percent growth for the last quarter of 2023.

Last month, the central bank held its key interest rate steady at 3.5 percent for the 11th straight time.