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The economy of South Korea is the 4th largest in Asia and the 11th largest in the world. It is a mixed economy dominated by familyowned conglomerates called chaebols, however, the dominance of chaebol is unlikely and at risk to support the transformation of Korean economy for the future generations.

The Olympic Winter Games in Pyeongchang, as well as an agreement on improving diplomatic relations with China, has the potential to boost tourism receipts. The contribution of exports could nevertheless be lower than in 2017 with the slowdown of activity in China. Stricter regulation on mortgages should weigh on investment in .

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Seoul and Pusan Timelapse video of Seoul and Pusan (Busan), South Korea. Kris Guico; Except for a brief interregnum (1399–1405), Seoul was the capital of Korea from 1394 until the formal division of the country in 1948. The name itself has come to mean "capital" in the Korean language.

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The Forbes Global 2000 is an annual list of the world's 2000 largest publicly listed corporations. Below is a compilation of South Korean companies featured on the list in .

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Apr 24, 2018 · It is the site of the bloodiest recent conflicts, including the killing of two South Korean marines and two construction workers when North Korea shelled a South Korean island in 2010, and the deaths of 46 sailors when a South Korean Navy corvette was sunk earlier that year, for which it blamed the North.

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