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WSJ reports on Korea's rapid economic recovery
Aug 04, 2009
The renowned U.S. economic daily Wall Street Journal said Monday (Aug. 3) that Korea’s economic recovery had accelerated again over the past two months (June and July), pinpointing the country’s latest statistics for industrial output and trade volume. The daily quoted Korean go...

Economic outlook for second half of 2009
Jul 10, 2009
The GDP growth rate in the second half is anticipated to rebound to 0.2% from △3.4% (year-on-year) in the first half, with the improvement of real economic indicators related to domestic and overseas demand.Period-on-period GDP growth is expected to slow down to 0.3%* from the fi...

Economic outlook for second half of 2009
Jul 10, 2009
The GDP growth rate in the second half is anticipated to rebound to 0.2% from △3.4% (year-on-year) in the first half, with the improvement of real economic indicators related to domestic and overseas demand.Period-on-period GDP growth is expected to slow down to 0.3%* from the fi...

Financial Services Commission takes part in Basel meeti...
Jun 30, 2009
The Financial Stability Board (FSB) held its inaugural meeting in Basel from June 26 to 27, the first meeting since its re-establishment as the FSB with an expanded membership and a broaden mandate. The Financial Services Commission(FSC) Chairman, Chin Dong-soo and the Bank ...

Financial Services Commission takes part in Basel meeti...
Jun 30, 2009
The Financial Stability Board (FSB) held its inaugural meeting in Basel from June 26 to 27, the first meeting since its re-establishment as the FSB with an expanded membership and a broaden mandate. The Financial Services Commission(FSC) Chairman, Chin Dong-soo and the Bank ...

Korea revises economic growth outlook upward
Jun 25, 2009
Recently, international economic organizations such as the Organization for Economic Cooperation and Development (OECD) and the International Monetary Fund (IMF) have given positive predictions that Korea will come out of the global economic downturn before any other country. For...

Korea revises economic growth outlook upward
Jun 25, 2009
Recently, international economic organizations such as the Organization for Economic Cooperation and Development (OECD) and the International Monetary Fund (IMF) have given positive predictions that Korea will come out of the global economic downturn before any other country. For...

Banks hold Financial Council Meeting
Jun 24, 2009
The Bank of Korea Governor Lee Seong-tae held a Financial Council meeting with representatives of seven banks from 7:30 a.m. until 9 a.m. on Friday (June 19) at Small Conference Room of the Bank of Korea’s main building to share opinions on recent domestic and overseas financial ...

Banks hold Financial Council Meeting
Jun 24, 2009
The Bank of Korea Governor Lee Seong-tae held a Financial Council meeting with representatives of seven banks from 7:30 a.m. until 9 a.m. on Friday (June 19) at Small Conference Room of the Bank of Korea’s main building to share opinions on recent domestic and overseas financial ...

Gov't to reform 110 regulations to improve economic per...
Jun 04, 2009
The government held a national policy coordination meeting presided by Prime Minister on March 27 and announced the introduction of regulation moratorium, which suspends regulations or imposes relaxed regulations. And on May 27, the government held a joint meeting with the Regula...