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Monday, January 22, 2018

National

Japan’s investment in South Korea for the third quarter of this year is a 57-month high since the amount of US$1.24 billion recorded in the fourth quarter of 2012.
Investment Increasing 347%
16 November 2017 - 10:30am
The Ministry of Trade, Industry & Energy of Korea announced on November 14 that Japan’s total investment in South Korea increased by 347% from a year earlier and reached US$867 million in the...
TPP Agreement Concluded
16 November 2017 - 10:15am
Korean automakers are paying a lot of attention to the conclusion of the Japan-led Trans-Pacific Partnership (TPP) devoid of the United States.  Although there will be no big immediate impact from...
An IMF mission led by Mr. Tarhan Feyzioglu (middle in the picture) held a briefing in Seoul on November 14 to announce the result of the annual meeting between the South Korean government and the IMF that started on November 1.
Time to Restructure Labor Market
15 November 2017 - 10:45am
The International Monetary Fund (IMF) urged the South Korean government on November 14 to speed up economic restructuring.  The process has been somewhat delayed due to inevitable resistance, which...
South Korean President Moon Jae-in adopted a joint statement on the RCEP along with 15 heads of states on November 14, volunteering to say South Korea will act as an active coordinator in the RCEP.
Preferring RCEP to TPP?
15 November 2017 - 10:30am
The South Korean government is showing signs of putting the Regional Comprehensive Economic Partnership (RCEP) before the Trans-Pacific Partnership (TPP) in free trade agreement (FTA) strategy...
Korean President Moon Jae-in (center) is posing with other heads of member countries of the East Asia Summit which took place on November 14 at the International Convention Center of the Philippines in Manila.
New Southbound Policy
15 November 2017 - 10:00am
South Korean President Moon Jae-in announced a new initiative for cooperation between South Korea and the Association of Southeast Asian Nations (ASEAN) on November 13. Regarded as a detailed roadmap...
South Korea’s exports to Vietnam totaled US$37.768 billion, up 48.8% from a year ago, for the period of January 1 to October 20, 2017.
Post-China Accelerated
14 November 2017 - 10:45am
The Ministry of Trade, Industry & Energy of Korea announced on November 13 that South Korea’s exports to Vietnam totaled US$37.768 billion, up 48.8% from a year ago, for the period of January 1...
Concerns are rising over the national economy with the weak U.S. dollar, low oil prices and the low interest rates showing signs of coming to an end.
Triple Negative Factors
13 November 2017 - 11:45am
Concerns are rising over the South Korean economy with the weak U.S. dollar, low oil prices and the low interest rates showing signs of coming to an end. The Dubai crude oil price recently exceeded...
South Korean President Moon Jae-in and Chinese President Xi Jinping had a summit meeting in Da Nang, Vietnam during APEC meeting on November 11.
Stopping THADD Retaliation?
13 November 2017 - 10:45am
South Korean President Moon Jae-in and Chinese President Xi Jinping had a summit meeting in Da Nang, Vietnam on November 11. They have another summit meeting in China next month, too.  According to...
South Korea and the US have begun the second phase of the bilateral Collaborative Search Pilot (CSP) program from November 1.
Lessening Requirements for Registration
10 November 2017 - 12:30pm
The Korean Intellectual Property Office (KIPO) and the U.S. Patent and Trademark Office (USPTO) have begun the second phase of the bilateral Collaborative Search Pilot (CSP) program from November 1,...
South Korea’s volume of trade with ASEAN grew at an annual average of 6.8% during the past 10 years.
Second-largest Trade Partner
10 November 2017 - 11:15am
The Ministry of Trade, Industry & Energy of Korea announced on November 9 that South Korea’s exports to the ASEAN region totaled US$71.191 billion for the first 10 months of this year, showing an...
Even Unable to Recall Defective Cars
10 November 2017 - 11:00am
The Ministry of Land, Infrastructure & Transport of South Korea made a request for the U.S. National Highway Traffic Safety Administration’s authoritative interpretation in August this year on...
Korean President Moon Jae-in (center) and KCCI chairman Park Yong-man (2nd from left), attended in the Korea-Indonesia Business Forum" held in Jakarta, Indonesia on September 9 (local time).
Needed to Upgrade Cooperation
9 November 2017 - 8:45pm
Park Yong-man, chairman of the Korea Chamber of Commerce and Industry (KCCI), stressed a need for the resumption of a negotiation over a comprehensive economic partnership agreement (CEPA) at a...

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