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Korea’s exports rebound to 6.2% in July

South Korea's exports rebounded in July from the previous month's slight fall, government data showed Wednesday. Outbound shipments reached $51.88 billion last month, up 6.2 percent from a year ago, according to the data compiled by the Ministry of Trade, ... Read More

Korea Growth momentum likely to weaken further

A simultaneous downturn in economic indicators raises the possibility of the Korean economy weakening in the second half to the extent of making it hard to achieve the official 2018 growth target of 2.9 percent. Preliminary data released by the ... Read More

Korea’s consumer prices likely to pick up in H2: BOK

South Korea's low consumer prices will likely pick up in the second half of the year and reach near the central bank's target rate mainly due to the recovering global economy and rising public utility rates, a report by the ... Read More

Suguhkan Beragam Kerajinan Tangan, UKM Ekspor Indonesia Coba Rebut Hati Konsumen Korea

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S. Korea’s July consumer sentiment slides at sharpest clip in 20 months

South Korea's consumer confidence plunged at the sharpest rate in 20 monthshowed Wednesday.s in July due largely to signs of an economic slowdown and intensifying trade disputes between the United States and China, central bank data The composite consumer sentiment ... Read More

LG Chem to invest W2.8tr to expand high value production

South Korea’s LG Chem announced Monday it will invest some 2.61 trillion won to expand manufacturing facilities to raise the capacities of the Naphtha Cracking Center and high value metallocene polyolefin by 800,000 tons each at its Yeosu plant in ... Read More

‘Essence of US-China trade war is to open China’s financial market’

SEOGWIPO, Jeju -- The nature of the ongoing trade war between the US and China is in Washington’s ambition to open Beijing’s financial market, a Korean expert on China’s economy said Friday. China’s strengths in the manufacturing sector are too ... Read More

President Moon yet to follow up on pro-business gesture

President Moon Jae-in’s recent outreach to the business community seems to have so far fallen short of gaining full confidence and cooperation from corporate officials. The local corporate circle is cautiously watching whether he will follow through with his encouraging ... Read More

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