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Korea’s income gap hits record high in Q4
South Korea's household income inequality hit a record high in the fourth quarter of 2018, government data showed Thursday, prompting officials to step up efforts to carry out a series of measures to support low-income people. An average household earned ... Read More
Korea’s coffee imports fall in 2018 for 1st time in 6 years
South Korea's imports of coffee declined last year for the first time since 2012, suggesting that the boom of coffee shops might have peaked, data showed Sunday. Imports of coffee fell to 143,000 tons in 2018, down 2,600 tons from ... Read More
Concerns over Setback in U.S.-China Trade Negotiations
It appears that trade negotiations between the U.S. and China have faced a setback. It had been speculated that U.S. President Donald Trump might hold a summit with his Chinese counterpart Xi Jinping after his second summit with North Korean ... Read More
U.S.-China Trade Talks
Today, we’ll discuss the latest face-to-face trade talks between the world’s two largest economies with Cho Yong-chan(조용찬), director of the America China Economic Research Institute. The U.S. delegation consisted of economic experts, including representatives from the departments of treasury, agriculture, ... Read More[PROFIL] Potensi Minyak Kelapa Sawit Indonesia
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Brexit and Its Potential Impacts on Korea
The United Kingdom’s break-up with the European Union is at the center of world attention. On January 15th London time, the British Parliament voted in historic fashion to reject Prime Minister Theresa May's Brexit plan, setting a record for the ... Read More
Warning Signs for Korean Economy
From the beginning of the year, Korea sees troubling signs for the economy. The Korean economy grew 2.7 percent last year, making the slowest on-year growth in six years. The local economy has aimed at growth of the 3 percent ... Read More