News
Korea’s biohealth exports grow 13% on-year
The South Korean biohealth industry’s monthly exports surpassed $800 million in March, a 13 percent growth from a year earlier, mainly due to increased shipments to the US and China. Trade Ministry data released Tuesday revealed that Korea exported $111.7 ... Read More![[News Focus] New Trade Minister seeks breakthrough in FTA talks](https://itpc-busan.kr/wp-content/uploads/2019/04/20190329000906_0-272x175.jpg "[News Focus] New Trade Minister seeks breakthrough in FTA talks")
[News Focus] New Trade Minister seeks breakthrough in FTA talks
SEJONG -- South Korea is in negotiations for four different free trade agreements involving 19 countries. The four are talks on a joint agreement with China and Japan (2 countries); with China, Japan, India, Australia, New Zealand and the 10-member ... Read More
Korea to globally standardize 15 hydrogen technologies by 2030
Despite a strong state drive, South Korea does not have any hydrogen technology standardized for global use so far, the government said Wednesday, vowing to make 15 locally developed technologies globally standardized by 2030. According to the Korean Agency for ... Read More
With SKT’s pricing plan release, Korea’s 5G preparations complete
With South Korea’s biggest telecommunications firm SK Telecom unveiling its own pricing plan for 5G services Wednesday, all the mobile carriers have wrapped up preparations for their commercial rollout Friday. During a meeting with reporters in Seoul, SKT became the ... Read More![[Non-memory Korea: 1] Korea’s desperate new mission: Non-memory chip success](https://itpc-busan.kr/wp-content/uploads/2019/03/20190325000350_0-266x175.jpg "[Non-memory Korea: 1] Korea’s desperate new mission: Non-memory chip success")
[Non-memory Korea: 1] Korea’s desperate new mission: Non-memory chip success
After a couple of record-breaking years for the semiconductor sector, pessimistic forecasts have quickly dampened the mood, as memory chips enter a downward cycle, leading South Korea to shift its focus to alternative exports. With Korea’s rickety lead in the ... Read More
S. Korea sees sharper drop in exports than OECD peers
South Korea has seen its exports decline at a steeper rate than other Organization for Economic Cooperation and Development member states, reflecting the contraction in outbound shipments of semiconductors, ships and petrochemical products, data showed Sunday. According to data from ... Read More![[News Focus] Will taxpayer-money be boon to Moon’s approval ratings?](https://itpc-busan.kr/wp-content/uploads/2019/03/20190321000838_0-1-112x175.jpg "[News Focus] Will taxpayer-money be boon to Moon’s approval ratings?")
[News Focus] Will taxpayer-money be boon to Moon’s approval ratings?
SEJONG -- The chances are high that the Ministry of Economy and Finance will eventually propose a motion on a supplementary budget to the National Assembly in the coming weeks, according to recent remarks from ruling party lawmakers and Cheong ... Read More