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Thursday, January 18, 2018

National

South Korea had ranked first in terms of investments in Vietnam for three years until last year but it was displaced by Japan in 2017.
S. Korea Sunk to #2 Investor
27 December 2017 - 11:15am
Vietnam, which is considered “Post China,” attracted the largest ever foreign investments this year. South Korea had ranked first in terms of investments in Vietnam for three years until last year...
On December 21, the opposition Liberty Korea Party floor leader Kim Sung-tae raised a question about Chief Presidential Secretary Lim Jong-seok’s recent special envoy visit to the UAE.
Time for Clarification
26 December 2017 - 9:30am
The South Korean government refuted, on December 25, the recent media report that South Korea has to pay a huge compensation for a delay of its nuclear power plant construction project in the UAE. “...
the South Korean government is currently under pressure from and neglected by both Beijing and Washington.
Publisher Note
22 December 2017 - 11:00am
Controversy is brewing over South Korean President Moon Jae-in’s recent state visit to China and many people say his stay in China was humiliating diplomacy. However, he was in no position to be...
The volume of South Korea’s trade with Vietnam increased 23.8% in 2015 and 20.1% in 2016 while showing a 43% growth this year.
Boosted by FTA
20 December 2017 - 11:00am
It has been found that the volume of bilateral trade between South Korea and Vietnam has shown a double-digit growth for two years in a row since the implementation of their FTA in 2015....
The volume of bilateral trade between South Korea and China totaled US$217.5 billion from January to November this year, up 13.6% from a year ago.
Owing to China’s Need?
20 December 2017 - 11:00am
The Ministry of Trade, Industry & Energy announced on December 19 that the volume of bilateral trade between South Korea and China totaled US$217.5 billion from January to November this year, up...
President Moon Jae-in (7th from left in front row) who visited China on a state visit is posing for a commemorative photo shoot hand in hand with other participants prior to the Korea-China Business Round Table in Beijing on December 13.
One-sided Love?
19 December 2017 - 9:30am
A lot of attention is being paid to whether or not South Korea’s economic relationship with China frozen due to conflicts over South Korea’s deployment of an anti-missile missile system will thaw...
Lim Jong-seok, chief presidential secretary of Korea, is shaking hands with Mohammed Bin Zayed Nahyan, crown prince of the UAE in the afternoon of December 10.
What is the Truth?
18 December 2017 - 6:15pm
It has been found that Khadoon Khalifa al-Mubarak, chairman of the Emirates Nuclear Energy Corporation (ENEC) of the UAE in charge of the construction project for the Baraka Nuclear Power Plant which...
South Korea stood sixth in world export up two notches from last year and its share of world trade is expected to reach 3% for the first time.
World’s 6th Largest Trade Country
15 December 2017 - 8:30am
The Ministry of Trade, Industry and Energy (MOTIE) of Korea and the Korea Customs Service conducted a preliminary evaluation as of 2:20 pm on December 14 and found that Korea successfully re-entered...
Summit without Joint Press Conference
13 December 2017 - 10:15am
South Korean President Moon Jae-in and Chinese President Xi Jinping meet with each other in Beijing on December 14. Quite unprecedentedly, no joint press conference will take place with regard to the...
Korea Native Chicken Association Chairman Moon Jung-jin urged the Ministry of Trade, Industry & Energy to repeal the KORUS FTA on December 10.
Hot Potato in KORUS FTA
12 December 2017 - 10:15am
South Korea’s agricultural and livestock imports from the United States have increased all the way since the implementation of the Korea-US free trade agreement (KORUS FTA) in March 2012. Under the...
Korean Version of Silicon Valley
12 December 2017 - 10:00am
The South Korean government announced its plan for the promotion of the Second Pangyo Techno Valley on December 11. According to the plan, the place is going to be home to the world’s best ecosystem...
South Korea’s household debt-to-GDP ratio rose by one percentage point in the first half of this year alone, which was second only to that of China, 2.4 percentage points, among those of 43 countries.
Increasing Household Debt
11 December 2017 - 11:00am
The Bank for International Settlements (BIS) announced on December 10 that South Korea’s household debt-to-GDP ratio exceeded 90% to have a negative impact on its economic growth. According to the...

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