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Economy

#Key Business Issue

Korea’s resurging shipbuilding industry

2011-04-25

Shipbuilding is one of Korea’s flagship industries powering the national economy. Since the start of the 21st century, Korean shipbuilders accounted ...

#Key Business Issue

Free trade agreement between Korea and China that’s taking shape

2011-04-18

The negotiations for a free trade agreement between Korea and China are back on the fast track, as Chinese President Hu Jintao brought up the facilitation ...

#Key Business Issue

4th generation mobile technology and the changes it will bring

2011-04-11

At the cusp of the 4th generation mobile communication age, Korean mobile phone manufacturers are gearing up to showcase their products’ performance. ...

#Key Business Issue

Korea reaching the 20-thousand-dollar mark in per capita income

2011-04-04

Korea’s per capita income has returned to the 20,000-dollar range after three years by posting a PCI of 20,759 dollars last year. Only ten countries ...

#Key Business Issue

The economic aftereffects of the recent Japanese earthquake and tsunami

2011-03-28

Two weeks have passed since a devastating earthquake and tsunami wrecked the northeastern seashore of Japan. The global market hit by the double ...

#Key Business Issue

Significance of Korea’s oil development project in the United Arab Emirates

2011-03-21

Korea’s ties to the United Arab Emirates continue to develop this year as the two nations agreed on a joint oil field development project on March ...

#Key Business Issue

Korean central bank raising the benchmark interest rate another 0.25%

2011-03-14

The Monetary Policy Committee of the Bank of Korea raised the benchmark interest rate by 0.25 percent last Thursday. This is a second rate hike this ...

#Key Business Issue

Rising reputation of Korean automobiles as seen at the Geneva Motor Show 2011

2011-03-07

The Geneva Motor Show, one of the world’s five biggest automobile trade shows, opened amid high expectations and fanfare last Tuesday in Switzerland. ...

#Key Business Issue

Unrest in the Middle East and its economic implication

2011-02-28

The global economy is at risk of derailing from its recovery trail as Libya, the largest oil producer in North Africa, has started cracking down hard ...

#Key Business Issue

Inflation of fish prices and its impact on the Korean economy and ordinary households.

2011-02-21

Prices of agricultural, livestock, and fisheries products are soaring worldwide. Korea is seeing a 10% increase in food prices from a year ago, ...

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