South Korea’s economic growth slackened in the second quarter of this year from a year ago due to slower exports, mainly in shipments of transportation equipment, petrochemicals and chemical products, data from the Bank of Korea showed Thursday. Exports declined ... Read More
South Korea’s composite consumer sentiment index inched up 0.1 point to 111.2 this month from June, indicating a phase of adjustment in anticipation for President Moon Jae-in’s new policies, the Bank of Korea said Tuesday. The CCSI has moved upward ... Read More
The effective corporate tax rate for the country's largest companies fell below the official rate of 22 percent last year due to various adjustments, data from a conglomerate research firm showed Tuesday. Chaebul.com analyzed 131 companies who earned over 200 ... Read More
South Korea's exports for July first to 20th rose 22-point-four percent compared to the same period last year. The performance was buoyed by a robust shipment of ships and semiconductors which posted increases of nearly 246 percent and 48 percent, respectively. ... Read More
Exports of South Korean agricultural products to China have significantly declined in the first half of the year amid China’s continuing economic retaliation over the U.S. THAAD antimissile system. The Ministry of Agriculture, Food and Rural Affairs said on Wednesday ... Read More
South Korean President Moon Jae-in welcomed five new foreign envoys to Seoul in a meeting held at his presidential office, Cheong Wa Dae, on Tuesday, the office said. The five new envoys included new Mexican Ambassador Bruno Figueroa Fischer and ... Read More