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Tag: South Korea

Posted on July 26, 2022

IMF cuts 2022 growth outlook for South Korea to 2.3 percent

The International Monetary Fund (IMF) on Tuesday lowered its 2022 economic growth outlook for South Korea to 2.3 percent, as Asia’s fourth-largest economy faces heightened external economic …

( read original story …)



Posted on July 26, 2022

A chip supply of their very Won: South Korea wants to localize 50% of chips materials

South Korea aims to locally source half of chips materials, components and equipment in the semiconductor manufacturing industry by 2030.

( read original story …)



Posted on July 26, 2022

A chip supply of their very Won: South Korea wants to localize 50% of chips materials

South Korea aims to locally source half of chips materials, components and equipment in the semiconductor manufacturing industry by 2030.

( read original story …)



Posted on July 26, 2022

Biden, chairman of South Korea’s SK Group to meet virtually on Tuesday

U.S. President Joe Biden will meet virtually on Tuesday with the chairman of South Korean conglomerate SK Group to discuss the company’s investments in American manufacturing and jobs, the White House …

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Posted on July 26, 2022

New arrivals to South Korea must immediately take a PCR test amid COVID-19 surge

USFK personnel should take the PCR test within a day of their arrival in South Korea, and their movements are restricted until the test returns a negative result.

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Posted on July 26, 2022

We’re keeping an eye on South Korea’s export slowdown in the second half, says BofA Securities

Kathleen Oh of BofA Securities discusses the country’s economic outlook after its gross domestic product growth in the second quarter beat estimates.

( read original story …)



Posted on July 26, 2022

Indonesia’s Jokowi Embarks on East Asian Tour Ahead of G-20 Summit

The Indonesian leader’s visits to China, Japan, and South Korea are aimed at garnering support for his domestic economic agenda.

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Posted on July 26, 2022

GM Awarded For Quality Of Sales And After-Sales Service In Korea

GM has just been recognized as the best automaker for vehicle sales and after-sales service in South Korea, leading the 2022 Korean Service Quality Index (KSQI) survey organized by Korea Management …

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Posted on July 25, 2022

(LEAD) Inflation expected to peak in late Q3 or early Q4: finance minister

SEOUL, July 25 (Yonhap) — South Korea’s consumer inflation is likely to peak late in the third quarter or early in the fourth quarter if there is no sharp hike in global oil and grain prices, Finance …

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Posted on July 25, 2022

FTX Swoops for South Korea’s Bithumb Exchange, Robinhood Still in Sights Too

Sam Bankman Fried’s FTX exchange has proven quite resilient during the ongoing bear market. The company has been offering …

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