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US-China trade dispute will have limited impact on Korea: study

The escalating trade dispute between the United States and China is expected to affect South Korea's exports to the world's two largest economies, but only to a limited extent, a study showed Thursday. The US has threatened to impose a ... Read More

S. Korea’s macroeconomic policy had effect on growth: OECD report

South Korea’s notable economic advancement over recent years was largely attributable to its conglomerate-led and export-oriented growth model, backed by sound fiscal and monetary policies and intense investment into physical and human capital, according to an international report. Asia’s fourth-largest ... Read More

Meriahnya acara Open House di KBRI Seoul

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Korea needs a boost to domestic demand

With the prospects for Korea’s exports in the coming years dimming, there is increased pressure to expand domestic demand, particularly by promoting service industries through drastic deregulation. A downturn in exports, which have shored up Asia’s fourth-largest economy in recent ... Read More

Self-employed biz earnings growth falls to 6-year low in 2017: report

The earnings growth rate for South Korea's self-employed businesses fell to a six-year low in 2017 amid social and economic changes under way in Asia's fourth-largest market, official data showed Sunday. Profit growth by relatively small, self-employed businesses reached 1 ... Read More

Seoul’s stock market buzzes ahead of Trump-Kim summit

Seoul’s stock market is expected to be highly active this week, with investors optimistic about the widely tipped momentum following the Washington-Pyongyang summit on Tuesday. All the while, monetary policymakers are tense over expected rate hikes by the United States ... Read More

Indonesia beer “Bintang” was announced to sell in Korea

Indonesia beer "Bintang" was announced to sell in Korea by Ms Siti Sofia Sudarma, Deputy Chief of Mission of the Indoneduan Embasdy in Seoul, Managing Director of Heinekin Korea and manager at Lotte Hotel at Jung-gu, Seoul on June 7, ... Read More

S. Korea Attracts $500 Mln in Chinese Investment

The Minister of Trade, Industry and Energy says that Minister Paik Un-gyu hosted a roundtable meeting with Chinese investors in Beijing on Tuesday. It it the first such meeting to attract Chinese investment held by a South Korean minister-level official since April 2016. Twelve ... Read More

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