Concerns are growing over the negative impact of the strengthening won on Korea’s exports, with expectations also being raised that a rise in the value of the currency will help boost investment and consumption. The value of the won gained ... Read More
According to the data compiled by the Korea Customs Service, a total of $2.11 billion worth of foreign goods was directly bought by Korean shoppers via overseas internet shopping malls last year. The number of overseas direct purchases soared 35.6 ... Read More
South Korea's cosmetics makers expect a rise in sales this year as China moves to lift economic measures implemented in retaliation over the deployment of a US anti-missile defense system here, industry sources said Thursday. South Korea's makeup industry have ... Read More
South Korea's consumer prices increased more than 1 percent in March on a rise in the costs of agricultural goods and services, but growth slowed from a month earlier, government data showed Tuesday. The country's consumer price index climbed 1.3 ... Read More
South Korea's industrial output increased in February from a month earlier on a rise in production in the automaking and retail sectors, government data showed Friday. Production in the mining, manufacturing, gas and electricity industries rose 1.1 percent on-month in ... Read More