News
S. Korea to Develop Source Technology to Produce Double-Decker Trains
The Korea Railroad Corporation(Korail) said Friday that it signed an agreement with two firms on joint research to develop a domestic two-story high-speed train. A double-decker train seats much more people than a regular train as it can accommodate as ... Read More
Rice Prices Plummet to 21-Year Low
Rice prices further tumbled this month compared to October when it posted a 21-year low. According to the Statistics Korea on Friday, the price of rice per 20 kilograms was 32-thousand-337 won as of November fifth, down zero-point-two percent from ... Read More![[Trump Issue 1] S. Korea-US FTA Renegotiation](https://itpc-busan.kr/wp-content/uploads/2016/11/161004014223_e19-242x175.jpg "[Trump Issue 1] S. Korea-US FTA Renegotiation")
[Trump Issue 1] S. Korea-US FTA Renegotiation
Anchor: Throughout his presidential campaign, Donald Trump has time and time again slammed the South Korea-U.S. Free Trade Agreement(KORUS FTA) as a job-killing deal. With Trump's presidential victory, concerns are surfacing that a renegotiation of the pact is likely. In ... Read More
Korea Sale FESTA Boosts GDP in Q4
The government says the 2016 Korea Sale FESTA boosted the nation’s gross domestic product(GDP) by zero-point-13 percentage points in the fourth quarter. The value of purchases paid with credit cards at retailers such as department stores, supermarkets, duty free stores ... Read More
South Korea Succeed Growing Salmon
South Korea succeed to cultivate salmon, fish species that are now mostly imported from other countries. Ministry of Fisheries and Maritime Affairs said on Monday (07/11/2016) that about 500 tons of farmed salmon in the waters off the northwest Goseong, ... Read More
S. Korea’s Foreign Reserves Fall for First Time in 4 Months
South Korea’s foreign exchange reserves have dropped for the first time in four months. According to the Bank of Korea(BOK) on Thursday, South Korea’s foreign exchange reserves amounted to 375-point-17 billion dollars at the end of October, down by two-point-six ... Read More
Turnover of Duty Free Store Sales When Korea Sale Festa
Duty-free shop sales turnover of local rose sharply during the period of 'Korea Sale Festa', shopping festivals and toured South Korea which has been going on the date. 29 September to date. on October 31. South Korea Customs Office on ... Read More