News
Korea’s foreign exchange reserves shrink in May
South Korea's foreign exchange reserves fell slightly from a month earlier in May due partly to a cut in the value of non U.S. dollar assets, central bank data showed Friday. As of the end of May, the country's foreign ... Read More
OECD Forecasts World Economy to See Moderate Improvement
Anchor: The Organization for Economic Cooperation and Development(OECD) has forecast that the world economy will post modest growth of three percent this year. While describing the global economy as "limping along," the OECD called for collective action and policies in ... Read More
SK C&C aims to lead digital transformation
SK Holdings C&C, an information technology services firm, said it plans to accelerate its push to transform into a data service company that provides tailored IT services by utilizing up-to-date artificial intelligence and big data technologies. “The emergence of new ... Read More
S. Korea’s National Income Grows 3.4%
South Korea’s national income grew three-point-four percent in the first quarter from the previous quarter. The Bank of Korea announced Thursday that the quarterly gross national income(GNI) stood at 393-point-three trillion won, or around 330 billion U.S. dollars, in the January-March ... Read More
S. Korea’s Industrial Production Dips 0.8% in April
South Korea’s gross industrial production fell for the first time in three months. According to a report unveiled on Tuesday by Statistics Korea, the country's industrial production in April fell by zero-point-eight percent from March. Sluggish exports reduced production in ... Read More
PRONAS, one of Indonesia food products
PRONAS is the pioneer of canned food in Indonesia. Pronas Corned Beef is the one of PRONAS Products known from generation to generation. This product easy to blend for many types of food. The packing easy open end (EOE) its ... Read More
S. Korea Falls to 29 of 61 in IMD World Competitiveness Rankings
Anchor: South Korea's Global competitiveness ranking has fallen four notches this year to 29th among 61 countries surveyed. While releasing its annual World Competitiveness Scoreboard, the Swiss-based IMD advised the South Korean government to work reforming the corporate sector and ... Read More