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Finance Ministry holds economic cooperation seminar wit...
Nov 09, 2009
On the occasion of the fifth anniversary of conducting the Knowledge Sharing Program (KSP), a seminar on the KSP of Korea’s Economic Development [was] held on November 4-5, co-hosted by the Ministry of Strategy and Finance (MOSF), the Korea Development Institute (KDI), and the Wo...

Domestic banks' earnings to improve thanks to economic ...
Nov 06, 2009
The following is a press release dated Nov. 3.According to a preliminary report, the combined net income of domestic banks during the first nine months of the year was KRW4.9 trillion, down KRW3.3 trillion or 40% from KRW8.2 trillion in the same period last year. Meanwhile, banks...

Domestic banks' earnings to improve thanks to economic ...
Nov 06, 2009
The following is a press release dated Nov. 3.According to a preliminary report, the combined net income of domestic banks during the first nine months of the year was KRW4.9 trillion, down KRW3.3 trillion or 40% from KRW8.2 trillion in the same period last year. Meanwhile, banks...

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...

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...