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[Pres. Lee at 2 yrs] Summit diplomacy has been key to e...
Feb 26, 2010
President Lee Myung-bak has made over 20 overseas visits and has invited more than 50 foreign heads to Seoul over the past two years since he took office on Feb. 25, 2008, according to the 48th emergency economic council held at the Korea Development Institute on Thursday (Feb. 2...

[Pres. Lee at 2 yrs] Summit diplomacy has been key to e...
Feb 26, 2010
President Lee Myung-bak has made over 20 overseas visits and has invited more than 50 foreign heads to Seoul over the past two years since he took office on Feb. 25, 2008, according to the 48th emergency economic council held at the Korea Development Institute on Thursday (Feb. 2...

Financial Times highlights Korea's economic prowess
Feb 26, 2010
The British business newspaper Financial Times said on Feb. 24 that South Korea “has come too far to hide behind its underdog status.”South Korea’s economy is as big as India’s with a population less than one-twentieth the size, the newspaper said, pointing out the country’s enha...

Financial Times highlights Korea's economic prowess
Feb 26, 2010
The British business newspaper Financial Times said on Feb. 24 that South Korea “has come too far to hide behind its underdog status.”South Korea’s economy is as big as India’s with a population less than one-twentieth the size, the newspaper said, pointing out the country’s enha...

Andong salted mackerel swims to America
Feb 01, 2010
(Source: Yonhap News)Twenty tons of Andong salted mackerel, one of the Andong city’s specialties, are ready to be exported to North America. Worth 250 thousand US dollars, it is the first time such a large amount of salted mackerel has been exported on a regular basis. In line wi...

Korea earns opportunity from economic crisis
Jan 27, 2010
For the Korean economy, the worldwide economic crisis in 2009 proved to have worked as an opportunity. The government was determined to make its way through thorn bushes and use them as stepping stones to advance the national economy one stage further. In October 2008, internati...

Korea earns opportunity from economic crisis
Jan 27, 2010
For the Korean economy, the worldwide economic crisis in 2009 proved to have worked as an opportunity. The government was determined to make its way through thorn bushes and use them as stepping stones to advance the national economy one stage further. In October 2008, internati...

Financial watchdog gives out guideline on FX derivative...
Jan 05, 2010
The following is a press release dated Jan. 5.                  Risk Management Guideline on FX Derivatives TransactionsBackgroundThe FSS, in conjunction with the Korea Federation of Banks, has made a...

Financial watchdog gives out guideline on FX derivative...
Jan 05, 2010
The following is a press release dated Jan. 5.                  Risk Management Guideline on FX Derivatives TransactionsBackgroundThe FSS, in conjunction with the Korea Federation of Banks, has made a...

Central bank gives out economic outlook for 2010
Dec 14, 2009
The following is part of the economic outlook for 2010 released by the Bank of Korea. To see the  full report, click DOWNLOAD.The GDP growth rate for 2010 is expected to register 4.6%. Growth momentum is predicted to strengthen gradually, showing 0.7% in the first ...