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

Houthi militias blamed for 2,678 crimes of enforced disappearance over seven years—Report

The Yemeni Network for Rights and Freedoms (YNRF) reported about 2,678 cases of enforced disappearance against civilians, including 158 women and 137 children, committed by the Iranian-regime backed Houthi terrorist militias during the time from January 1, 2018, to April 30, 2025, in several governorates.

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.

WB grants a $100 million to Madagascar

The World Bank (WB) has provided a grant of $100 million to Madagascar, aimed at improving the performance of the national electricity and water company 'JIRAMA', which is suffering from a severe financial crisis.

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: ، 2025/08/31 Time 02:21:17
Latest News:

FM meets with the Swiss Ambassador to Yemen

Minister of Social Affairs and Labor Discusses Child Protection Efforts with Swiss Ambassador and UNICEF ..

Socotra Governor's Deputy Governor Praises KSrelief's Efforts

PM receives the Emirati Ambassador to Yemen

Maj. General al-Zubaidi inaugurates second phase of Emirati-funded solar power station in Aden

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.