News
BOK Cites Sufficient Foreign Reserves, No Liquidity Concerns
The Bank of Korea on Thursday assured the country has enough foreign exchange reserves to grapple with any external shocks. Regarding some expert views that foreign reserves are insufficient, the central bank said that all bonds in which foreign reserves are invested ... Read More
Survey: KBS Ranks 1st in Media Influence
A new survey has found that KBS ranked first in terms of its influence among South Korean media outlets. The committee on probing media concentration under the Ministry of Culture, Sports and Tourism carried out the survey on media influence ... Read MoreUber Launches Luxury Sedan Service in Korea
Uber, the U.S. taxi-hauling app operator, said Tuesday it was officially launching its luxury sedan service Uber Black in Korea. The premium taxi service teams up with veteran taxi drivers with five or more years of taxi driving experience without ... Read MoreBeef Imports Hit Record High in 2015
South Korea's beef imports surged to record highs in 2015 mainly on a spike in local beef demand government data showed Wednesday.The country imported more than $1.81 billion worth of beef last year that exceeded the previous record of $1.67 ... Read More
Reduced Tariffs under China FTA Benefiting S. Korean Firms
Large and small South Korean companies are found to have benefited from the South Korea-China FTA without much regional deviation from various locations in China. The Korea Trade-Investment Promotion Agency(KOTRA) presented the assessment on Wednesday by 17 of its trade ... Read More
Indonesian Coffee Experiences
Dalam rangka memperkenalkan specialty Indonesia kopi di korea selatan, IPTC Busan pada tanggal 20 Januari 2015 menyelenggarakan acara "Indonesian Coffee Expreriences" di Old Clock, Italian Restaurant di daerah Universitas Kyungsung Busan. Acara tersebut dipandu oleh Japanese Barista Champion Winner, Mr. ... Read More
BOK: 1 in 6 S. Koreans Use Mobile Payment
One in six South Koreans are found to have used their mobile phones to make payments. According to the Bank of Korea’s survey last year on 25-hundred people aged 19 or older, 15-point-eight percent of the respondents said they had ... Read More