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In 2024, the average monthly wage in Korea rose by 3.3%, influenced by foreign institutions and the finance and insurance sectors. Kakao Mobility signed a contract to provide mobility solutions for the Diriyah project in Saudi Arabia.

Foreign shoppers have emerged as a key growth driver for Korean department stores. HD Heavy Hyundai delivered a vessel to the Philippine Navy nearly five months ahead of schedule. Conversely, small and midsize construction firms reported a record delinquency rate in 2025 as the sector continues to struggle.