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- Korea records 22 months of trade surplus
- Dec 02, 2013
- Korea has shown a continuous trade surplus for 22 months in a row. Korea’s exports were worth slightly over USD 47.9 billion last month, showing a 0.2 percent gain over November last year, said Korea’s Ministry of Trade, Industry and Energy in its monthly trade figure report for ...
- Korea to hit 3.8% growth in 2014: OECD
- Nov 25, 2013
- The Organisation for Economic Co-operation and Development (OECD) has predicted that Korea’s gross domestic product (GDP) will grow by nearly four percent next year. This figure is higher than both the average OECD growth rate of 2.3 percent and the average world rate of 3.6 perc...
- Global game fair G-Star 2013 ends with phenomenal succe...
- Nov 18, 2013
- Korea’s biggest video game exhibition, G-Star 2013, ended with phenomenal success, having attracted the largest ever number of spectators. The four-day event was held from November 14 to 17 at BEXCO in Busan and broke more records than simply attendance. According to the G-Star O...
- Korea, Uzbekistan cooperate on insurance industry
- Nov 07, 2013
- Government and insurance industry officials from both Korea and Uzbekistan exchanged their opinions on each other’s insurance industry policies and pledged to deepen cooperation in the field. The Insurance Industry Development Forum was held in Tashkent at the request of Uzbek De...
- President proposes future direction for Korea-France co...
- Nov 05, 2013
- “I am glad to discuss co-prosperity and the future of Korea and France with business leaders from both countries.” In a 20-minute keynote address in French, President Park Geun-hye, currently on a state visit to France, proposed strengthening Franco-Korean cooperation in business...
- Conference aims to drum up business in Korea
- Nov 04, 2013
- Visiting foreign investors were recently given the chance to express their interest in the business opportunities and the favorable investment environment to be found in Korea, with its strong industrial fundamentals and its vast network of free trade agreements (FTAs). The inves...
- Marine Week plays host to global maritime industry
- Oct 28, 2013
- An expo of the world’s shipbuilding and maritime industries, Marine Week 2013, was held at Bexco in Busan from October 22 to 25. The exhibition, held biennially since 2001, is a combination of three different events: the Naval & Defence exhibit, the Sea-Port exhibit and the K...
- Korean economic growth receives international plaudits
- Oct 24, 2013
- Amid growing worries about another economic crisis across Southeast Asia spurred by the U.S. plan to taper quantitative easing (QE), major economic institutions and foreign media worldwide have put out positive assessments of the Korean economy.They all predict that Korea will ha...
- Indonesian media spotlights Korea-Indonesia cooperation
- Oct 15, 2013
- Indonesian media reported in detail and with eagerness on President Park Geun-hye’s recent state visit to Indonesia and on the progress made in Korea-Indonesia bilateral economic cooperation. “We have agreed to make joint efforts to reach a bilateral trade volume worth USD 100 bi...
- S&P affirms Korea’s credit rating at A+
- Sep 25, 2013
- Standard & Poor’s affirmed Korea’s sovereign debt rating at A+ and its “stable” outlook. According to a recent announcement from the Ministry of Strategy and Finance, S&P said its decision reflects the nation’s “favorable policy environment, sound fiscal position, and net...
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