South Korean companies’ capital expenditures are falling along with their overseas investment. This has to do with mounting uncertainties stemming from the ongoing trade war between the United States and China and Turkish economic crisis.According to the Bank of Korea, South Korean companies’ net ex
"Public organizations should play a pump-priming role for the Korean economy to achieve innovation-led growth," President Moon Jae-in told heads of public organizations on August 29. Moon stressed job creation while emphasizing the public nature of public organizations. However, he did not refer to
Experts are expressing concerns over the government’s attempt to stimulate the national economy by encouraging corporations and households to take out loans.Some examples are funds, such as the National Housing Fund, Small and Medium Enterprise Establishment and Promotion Fund, Korea Credit Guarante
Expectations are on the rise despite ongoing economic recessionIt has been projected that the global economy will be able to make a rebound from the latter half of 2013, with the new governments of Korea, China and the United States expected to come up with simulation measures. At the same time, unc