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- Korea gets rating upgrades by all three agencies
- Sep 20, 2012
- Korea's sovereign credit rating was raised by Standard & Poor's by one notch on September 14. In a period of only three weeks, the country has seen upgrades by all three global credit rating agencies. The consecutive upgrades are expected to further improve foreign currency f...
- "Healing" is in the minds of consumers around the world
- Sep 12, 2012
- Reflecting consumers’ growing interest in a peaceful and practical lifestyle, a report by Korea Trade-Investments Promotion Agency found that the proven selling code worldwide is "healing.” The result was released by Korea Trade-Investments Promotion Agency (KOTRA) in a report on...
- Foreign media taken by surprise after sovereign rating ...
- Sep 11, 2012
- Last week's upgrade of Korea's sovereign debt rating by Fitch Ratings to AA-, a step higher than Japan and China's, shows a vote of confidence in the country's economy, as reported throughout the foreign media. The successive upgrade by Moody's Investors Service and then by Fitch...
- Jewelry companies making a U-turn to Korea
- Sep 06, 2012
- Decades after moving their factories overseas, a dozen Korean jewelry companies are making a U-turn back to Korea in a bid to take advantage of the eliminated tariffs resulted from FTAs with the European Union and the United States. This is the first success of the government ini...
- Korea's financial sector transitions to paperless
- Sep 03, 2012
- As part of efforts to implement more environmentally friendly policies, Korea’s financial sector has rolled out a new initiative to cut down on paper waste by utilizing electronic documentation. Major banks and insurance companies across the country will be expanding their electr...
- Moody’s raises Korea’s rating by one notch
- Aug 28, 2012
- Moody's Investors Service raised South Korea’s sovereign debt rating on Monday by one notch from “A1” to "Aa3," mentioning the country's strong fiscal fundamentals, economic resilience, and reduced geopolitical risks from North Korea. The new rating is the appraiser's fourth-high...
- Korean brands sought out for quality, style
- Aug 14, 2012
- As the international reputation of Korean-made products from Korean companies like Samsung and LG continues to advance, the question of what distinguishes Korean brands from their competitors has emerged as a common topic of discussion among market watchers. A special feature in ...
- Major UK markets stock items ‘made in Korea’
- Aug 10, 2012
- Korean products are finding their way to London where the fever of the 2012 Summer Olympics runs higher and higher.The promotion event named Taste of Korea, organized by the Ministry of Knowledge Economy in collaboration with Korean Trade and Investment Agency (KOTRA), takes plac...
- Korea FTA Updates: Turkey and Peru
- Aug 08, 2012
- The beginning of August saw significant developments in Korea’s expanding international trade network. Korea-Turkey FTA: A new chapter Negotiations for a free trade agreement (FTA) between Korea and Turkey were finalized in Ankara, Turkey on August 1. Trade Minister Bark Tae-ho a...
- Korea sees great sales of Korean duty free products
- Jun 26, 2012
- Sales of Korean cosmetic products in duty free shops in Seoul have doubled within the past year. Seoul Main Customs, a branch of the Korea Customs Service, published data on sales for six duty free shops located in Seoul on June 14. According to the data, the sales volume of Ko...
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