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S Korea to inject 22 trillion won stimulus into Mers-hit economy

This will raise growth by 0.3 percentage point in 2015 and 0.4 percentage point in '16

Published Fri, Jul 3, 2015 · 09:50 PM

Seoul

THE South Korean government has agreed to inject 22 trillion won (S$26.4 billion) into the flagging economy, which has been hit by the Middle East Respiratory Syndrom (Mers) virus outbreak and sluggish consumption.

The stimulus package was passed a…

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International

International

S Korea to inject 22 trillion won stimulus into Mers-hit economy

International

Chinese tourists are again embracing international travel

Abu Dhabi raises US$5 billion with first eurobonds in three years

Thailand’s 500 billion baht handout aims to boost overall economy, not geared to poor: official

German business sentiment rises more than expected in April: Ifo

Indonesia’s central bank delivers surprise rate hike to anchor rupiah

Prabowo’s aide says Indonesia doesn’t need another rate hike

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