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Monday, October 23, 2017

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The growth rate of South Korea’s household, government and corporate (excluding financial sector) debt-to-gross domestic product (GDP) ratio surpassed 230 percent over the past decade.
Debt-to-GDP Ratio
13 October 2017 - 4:45pm
South Korea’s household, government and corporate (excluding financial sector) debt-to-gross domestic product (GDP) ratio dramatically grew over the past decade to surpass 230 percent. According to a...
Nuclear power plants I and II in Barakah, United Arab Emirates (UAE) under construction by Korea Electric Power Corporation (KEPCO).
Heated Debate Arisen
13 October 2017 - 4:30pm
At the parliamentary inspection of the Ministry of Trade, Industry & Energy on October 12, participants had a debate over whether the consent of the United States is required for South Korea to...
The interest rate of treasury bonds has increased and foreign investors have continued to sell bonds.
Selling Spree of Bonds
13 October 2017 - 1:00pm
The local bond market has been shrunk dramatically due to geopolitical crisis on the Korean peninsula which has continued from last month. The interest rate of treasury bonds has increased and...
South Korea’s foreign exchange reserves totaled US$384.67 billion as of the end of last month, showing a month-on-month decrease of US$170 million.
Foreign Exchange Reserves
13 October 2017 - 12:45pm
According to the Bank of Korea, South Korea’s foreign exchange reserves totaled US$384.67 billion as of the end of last month, showing a month-on-month decrease of US$170 million. Its forex reserves...
Michael Shellenberger, one of notable environmentalists who were formerly anti-nuclear activists, holds a press conference at the Korea Chamber of Commerce and Industry building in Seoul on October 12
Notable Environmentalist’s Concerns
13 October 2017 - 12:45pm
Michael Shellenberger, a prominent environmentalist who has stressed the safety, economical efficiency and excellence of South Korea’s nuclear energy technology, said on October 12, “Kenya and...
South Korea’s investment in the US has exceeded that of the US by no less than US$51.4 billion since the FTA ratification in 2011.
3X More Investment
13 October 2017 - 12:30pm
It has been found that the amount of capital invested in the United States by South Korea since the ratification of the KORUS FTA in 2011 totals US$76.4 billion whereas that invested in South Korea...
The US-based Daily Beast reported that President Donald Trump’s opposition to the KORUS FTA seems to be the outcome of a spur-of-the-moment decision
Impulsive Decision?
13 October 2017 - 12:30pm
It has been reported that U.S. President Donald Trump is trying to sacrifice the KORUS FTA in place of the NAFTA with the latter being likely to remain valid. The Daily Beast reported on October 10...
A ruling Minjoo Party lawmaker claimed South Korea and the United States are conducting a joint research on pyroprocessing in Idaho State, USA, where the spent nuclear fuels is not allowed.
Debate on Nuclear Joint Project
13 October 2017 - 12:15pm
The ruling Minjoo Party lawmaker Yoo Seung-hee, who is a member of the Science, ICT, Broadcasting, & Communications Committee of the National Assembly, claimed on October 12 that South Korea...
Leading internal portals in Korea such as Naver and Kakao are employing strategy to preoccupy AI ecosystems and dial up scalability with IoT devices to encourage consumers to use their services more.
AI Platform Expansion
13 October 2017 - 12:00pm
Leading internal portals in Korea such as Naver and Kakao are doing everything they can do to form alliances based on its AI platform. Samsung Electronics and LG Electronics and even YG Entertainment...
Lotte Corporation was officially inaugurated as the holding company of Lotte Group on October 12.
Lotte Corporation Launched
12 October 2017 - 10:00pm
October 2, Shin Dong-bin, chairman of Lotte Group, is going to his new office in Lotte World Tower in Jamsil, Songpa-gu, Seoul in order to go to work for the first time. Lotte Corp. which merged the...
Kakao signed a memorandum of understanding (MOU) with Samsung Electronics to link KakaoTalk and AI platform “Kakao I” to Samsung household appliances
Kakao-linked Home Appliances
12 October 2017 - 10:00pm
Kakao announced on October 12 that the company signed a memorandum of understanding (MOU) with Samsung Electronics to link KakaoTalk and AI platform “Kakao I” to Samsung household appliances. A smart...
Korean companies’ foreign direct investment (FDI) surpassed US$10 billion in the first quarter of this year.
Following Large Companies
12 October 2017 - 9:30pm
According to the Organization for Economic Cooperation and Development (OECD) on October 11, Korean companies’ foreign direct investment (FDI) which had been US$6.159 billion in the first quarter of...

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