Trending News: Gurudev Sri Sri Ravi Shankar at 70: Wellness Movement Gains Attention as South Korea Faces Rising Burnout CultureFrom a Syrian Boy’s Nightmare to 800 Million Lives: The Indian Spiritual Movement That Quietly Reshaped the World Turns 45The Man Who Changed a Billion Lives With a Single Breath Turns 70 — India’s PM Shows UpNorskespill Norway Playing Driver and you may Oddsmatrix Activities GuideIndia’s Vantara Wildlife Project gets clean chitCan mastery of skills lead to success in the intriguing realm of the daman gameImpeachment Shakes South Korea: Yoon Suk Yeol OustedImpeachment Overturned: Han Duck-soo Returns as Acting PresidentSouth Korea’s Supreme Court Dismisses Meta’s Data Fine AppealSouth Korea’s Political Quake: Yoon Booked for Obstructing ArrestSouth Korean School Tragedy: Teacher Accused in Student’s DeathPlayStation’s Global Outage: Gamers’ Frustration PeaksUS to Rebuild Gaza: Trump’s Controversial Peace PlanVan de Streek: Pioneering Alcohol-Free Beer in NetherlandsPessimism Clouds South Korea’s Manufacturing OutlookJeju Air Tragedy: Worst Korean Aviation Disaster Since 1997Racism and Misogyny: The Troubling Workplace Culture at Shangri-La HotelsInstagram, under pressure, tightens protection for teensSamsung SDI showcases next-generation batteries at IAA Transportation 2024Korea market watchdog highlights pension fund’s role in market reformsCentral Europe flooding leaves 16 dead in Romania, Poland, Czech Republic and AustriaSamsung in urgent need of boosting foundry yield for AI processorsMoney supply continues to rise in July amid restrictive policy: BOKDeath toll rises as torrential rain and flooding force mass evacuations across Central EuropeEx-Samsung chief strategy officer joins Arm boardBOK likely to cut key rate in November: analystsNat’l football coach shoots down criticism of overreliance on stars[Today’s K-pop] Seventeen’s Jeonghan to enlist late this monthPledis Entertainment partners with Jeju Island to produce ‘K-Pop Jeju Content’Naver to develop Arabic-based LLM, expand AI cooperation with Saudi ArabiaKey takeaways from a debate that featured tense clashes and closed with a Taylor Swift endorsementNewJeans members call for return of ex-ADOR CEOFinance minister calls for vigilance against rising household debtSamsung produces industry’s first 1-terabit QLC 9th-gen V-NANDS. Korean midfielder Son Jun-ho banned for life by China over match-fixing chargesMultiethnic Katseye begins Asia promo tour dreaming of inspiring girls everywhereBIS raises alarm on Korea’s surging household creditUS ups pressure on Korea to join China chip curbsS. Korea coach thinking about nothing but victory over Oman in World Cup qualifierHanwha, SK develop world’s 1st non-flammable ESS for shipsMinister pushes for inheritance tax overhaulS. Korea finishes Paris Paralympics with 6 gold medals[2024 IFA] Samsung’s AI push has long way to go: CEOFSC chief calls on mutual savings banks to swiftly address risks on PF loansJennie partners with Columbia Records for solo comeback in OctoberYoon approves appointment of new defense minister[Around the Hotels] Promotions and packagesS. 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Thu. May 21st, 2026
Trending News: Gurudev Sri Sri Ravi Shankar at 70: Wellness Movement Gains Attention as South Korea Faces Rising Burnout CultureFrom a Syrian Boy’s Nightmare to 800 Million Lives: The Indian Spiritual Movement That Quietly Reshaped the World Turns 45The Man Who Changed a Billion Lives With a Single Breath Turns 70 — India’s PM Shows UpNorskespill Norway Playing Driver and you may Oddsmatrix Activities GuideIndia’s Vantara Wildlife Project gets clean chitCan mastery of skills lead to success in the intriguing realm of the daman gameImpeachment Shakes South Korea: Yoon Suk Yeol OustedImpeachment Overturned: Han Duck-soo Returns as Acting PresidentSouth Korea’s Supreme Court Dismisses Meta’s Data Fine AppealSouth Korea’s Political Quake: Yoon Booked for Obstructing ArrestSouth Korean School Tragedy: Teacher Accused in Student’s DeathPlayStation’s Global Outage: Gamers’ Frustration PeaksUS to Rebuild Gaza: Trump’s Controversial Peace PlanVan de Streek: Pioneering Alcohol-Free Beer in NetherlandsPessimism Clouds South Korea’s Manufacturing OutlookJeju Air Tragedy: Worst Korean Aviation Disaster Since 1997Racism and Misogyny: The Troubling Workplace Culture at Shangri-La HotelsInstagram, under pressure, tightens protection for teensSamsung SDI showcases next-generation batteries at IAA Transportation 2024Korea market watchdog highlights pension fund’s role in market reformsCentral Europe flooding leaves 16 dead in Romania, Poland, Czech Republic and AustriaSamsung in urgent need of boosting foundry yield for AI processorsMoney supply continues to rise in July amid restrictive policy: BOKDeath toll rises as torrential rain and flooding force mass evacuations across Central EuropeEx-Samsung chief strategy officer joins Arm boardBOK likely to cut key rate in November: analystsNat’l football coach shoots down criticism of overreliance on stars[Today’s K-pop] Seventeen’s Jeonghan to enlist late this monthPledis Entertainment partners with Jeju Island to produce ‘K-Pop Jeju Content’Naver to develop Arabic-based LLM, expand AI cooperation with Saudi ArabiaKey takeaways from a debate that featured tense clashes and closed with a Taylor Swift endorsementNewJeans members call for return of ex-ADOR CEOFinance minister calls for vigilance against rising household debtSamsung produces industry’s first 1-terabit QLC 9th-gen V-NANDS. Korean midfielder Son Jun-ho banned for life by China over match-fixing chargesMultiethnic Katseye begins Asia promo tour dreaming of inspiring girls everywhereBIS raises alarm on Korea’s surging household creditUS ups pressure on Korea to join China chip curbsS. Korea coach thinking about nothing but victory over Oman in World Cup qualifierHanwha, SK develop world’s 1st non-flammable ESS for shipsMinister pushes for inheritance tax overhaulS. Korea finishes Paris Paralympics with 6 gold medals[2024 IFA] Samsung’s AI push has long way to go: CEOFSC chief calls on mutual savings banks to swiftly address risks on PF loansJennie partners with Columbia Records for solo comeback in OctoberYoon approves appointment of new defense minister[Around the Hotels] Promotions and packagesS. Korea logs current account surplus for 3rd month in July[Today’s K-pop] NCT Taeyong’s solo concert film to premiereK-drama-approved Kelly Shin debuts at Seoul Fashion WeekUS charges employees of Russia’s RT network in crackdown on election influence effortsSamsung, LG to showcase AI-embedded appliances at IFA 2024Financial regulator calls for need to reform private pension programsPGA Tour veteran Kim Si-woo selected for 3rd Presidents CupNorway wealth fund may divest companies that aid Israel in Gaza war, occupied territoriesSamsung’s mobile AP Exynos faces uncertain futureRegulator calls for ‘coordinated’ efforts to curb rise in household debtsLoossemble unveils dynamic love story, US tourRussia’s Putin arrives in ICC member MongoliaWill Intel’s restructuring affect Samsung’s foundry business?BOK expects inflation to remain stable for time being20-somethings spend 70 minutes on OTT platforms per dayLPGA sophomore Ryu Hae-ran ‘so proud of myself’ after earning 2nd titleChina’s weak factory PMI raises pressure for consumer stimulusExports rise for 11th straight month in August on strong chip demandINTERVIEW24M touts Impervio as solution to battery fires[Photo News] Lonely hackberry in ChangwonIsrael, Hamas set three-day pauses in fighting for Gaza polio vaccinations: WHOBOK, Bank Indonesia to launch cross-border payments with local currency next monthParis Paralympic Games begin with 1st outdoor opening ceremonyNATO states condemn latest Russian strikes on UkraineSpace agency seeks 27% hike in 2025 budgetNearly 10% of real estate PF loans subject to restructuring: regulatorMaking music in space: John Pai’s evolving sculptures come to SeoulHostage in Gaza rescued by Israel after 326 days of captivityPOSCO develops lightweight pad for vertiportsFinance chief calls for thorough responses to Middle East tensionsSports minister says audits into football, badminton federations set to conclude in Sept.‘Hard to imagine’ no September rate cut: US Fed officialSamsung, LG to unveil new AI-powered home appliances at IFA 2024 in BerlinBOK chief defends rate freeze aimed at curbing household debtBeleaguered nat’l football head coach ready to work to earn players’ trustPavel Durov has nothing to hide, Telegram says of arrested founderHD Hyundai seeks expansion in hydrogen fuel cell marketNational, household debt surpasses $2.26 tril. amid lower state revenue[Travel Bits] Festivals, sights across KoreaHarris says she will not cozy up to dictators like N. Korean leader Kim Jong-unChina’s ‘patriotic consumption’ tests Korean display makersForeign currency deposits up for 2nd month in July[Today’s K-pop] BTS’ Jimin going strong on Billboard, Spotify chartsBiden presses Netanyahu on need to reach Gaza truce dealSK Group chief sees AI-induced changes as business opportunitiesMonthly pension for senior citizens far below minimum living expenses: data2 Portuguese coaches named to Korean nat’l football team staffJennifer Lopez files for divorce from Ben Affleck after 2 years of marriageLG Electronics spurs portfolio revamp under Vision 2030Producer prices rise in July on industrial, farm goodsSon Heung-min opens 10th Premier League season with goalless performance in drawLeaders of China and Vietnam pledge to strengthen political and economic tiesDomestic AI processor makers aim to boost market value
Thu. May 21st, 2026

[Graphic News] S. Korea’s ‘world competitiveness’ ranking rises to 20th: report

South Korea’s ranking in terms of its competitiveness relative to other countries rose by eight places to reach the highest level for the country ever in 2024 on improved business efficiency and infrastructure, a report showed.

The country ranked 20th in terms of global competitiveness among 67 countries surveyed in 2024 compared with 28th the previous year, according to the report by the International Institute for Management Development released by the Finance Ministry here.

IIMD, a business school with campuses in Lausanne, Switzerland and Singapore, has been releasing the yearly report since 1989 ranking countries based on their economic performance, infrastructure, and government and business efficiency.

Singapore topped the list this year, followed by Switzerland, Denmark, Ireland and Hong Kong. (Yonhap)

KB News Desk

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