News
Consumption activity declined
Household consumption activities are declining due to stagnant household income. According to data from Statistics South Korea on Tuesday (11/22/2016), expenditure on food and non-alcoholic beverages for households with more than two people from July to September this year decreased ... Read More
Global Game Exhibition G-STAR 2016
Global game exhibition G-Star 2016, held on 17 to 20 of November 2016 in Bexco Busan, South Korea. Game exhibition organized by the Korea Internet & Digital Entertainment Association and operated by G-STAR Organizing Committee, Busan IT Industry Promotion Agency, ... Read More
Exports to China Post Minus Growth for 16th Month
South Korean exports to China continued to post negative growth for the 16th straight month since July last year. According to the Korea International Trade Association, Korean exports to China dropped more than eleven percent year-on-year in October to some ... Read More
Hyundai, Kia’s Market Share in EU Rises to 6.3%
Sales of cars in the European Union(EU) produced by South Korean automaker Hyundai Motor and its affiliate Kia Motors shot up in the first ten months of the year, bringing their combined market share to six-point-three percent. According to European ... Read More
S. Korea, Central America Agree to Sign FTA
Anchor: South Korea has concluded negotiations for a free trade agreement with six Central American countries. The FTA will eliminate tariffs on 95 percent of goods and is expected to pave the way for South Korean companies to make inroads ... Read More
Tous Les Jours opens first two branches in Mongolia
Tous Les Jours has opened its first two branches in Mongolia, making it the first Korean bakery chain to enter the Mongolian market, the company said Tuesday. Both new branches are located in Ulaanbaatar, Mongolia’s capital, and opened within two ... Read More
Global Trade Hits 6-Year Low
Global trade has sunk to its lowest level in six years due to low growth around the world and falling raw materials prices. Recent data from the World Trade Organization(WTO) shows the trade volume of 71 major economies in the ... Read More