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Sunday, June 25, 2017

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The total automobile exports from Korea reached US$3.51 billion and 221,237 units last month, up 3.6% and 2.1% from a year ago,
Amid Slow Local Sales
14 June 2017 - 11:00am
The Ministry of Trade, Industry & Energy of Korea announced on June 13 that the total automobile exports from Korea reached US$3.51 billion and 221,237 units last month, up 3.6% and 2.1% from a...
The value of this digital currency has steeply risen since the beginning of this year as in the case of Bitcoin.
Bitcoin Trade
14 June 2017 - 11:00am
It has been found that connection to the official websites of bitcoin exchanges Bithumb and Coinone was temporarily interrupted at around 8:00 p.m., June 12. Bithumb said that it was checking its...
The boom of the Korean semiconductor industry is predicted to face risks from China in the near future.
China Risk
14 June 2017 - 11:00am
The combined operating profit of the semiconductor division of Samsung Electronics and SK Hynix is estimated to reach no less than 20 trillion won in the first half of this year. The boom of the...
South Korean President Moon Jae-in appointed Kim Sang-jo, nicknamed chaebol sniper, as the chairman of the Korea Fair Trade Commission (KFTC) on June 13.
Chaebol Reform
14 June 2017 - 10:45am
South Korean President Moon Jae-in appointed Kim Sang-jo, nicknamed chaebol sniper, as the chairman of the Korea Fair Trade Commission (KFTC) on June 13. The Blue House said that he is the one to...
A fixed platform built by Daewoo Shipbuilding & Marine Engineering and mounted on a barge to be delivered to Statoil departed for the North Sea on June 8.
$2.7B Offshore Plant
13 June 2017 - 11:15am
Daewoo Shipbuilding & Marine Engineering announced on June 12 that it delivered an offshore plant to Statoil, a multinational energy company, in accordance with their contract signed in 2012.  ...
Android Pay is preparing to make its debut in the country in August.
Pay War
13 June 2017 - 11:15am
The Korean mobile payment market is showing a rapid growth. According to the Bank of Korea, the average daily mobile payment in Korea amounted to 40.1 billion won (US$36 million) in the fourth...
Korea’s FDI in Vietnam totaled US$6,895.8 million, 30.8% of the total FDI in the country during the period.
#1 Investor in Vietnam
13 June 2017 - 11:00am
The Korea Trade-Investment Promotion Agency (KOTRA) announced on June 11 that South Korean companies reported a total foreign direct investment (FDI) in Vietnam of US$50.555 billion, which was...
The Federation of Korea Industries (FKI) is indirectly participating in the organization of the economic mission of President Moon Jae-in to visit the United States.
Unexpected Role
13 June 2017 - 11:00am
It has been found that the Federation of Korea Industries (FKI) is indirectly participating in the organization of the economic mission of President Moon Jae-in to visit the United States. This was...
The Bank of Korea Governor Lee Ju-yeol remarked for the first time on June 12 that the central bank may adjust the degree of its expansionary monetary policy.
Monetary Policy
13 June 2017 - 11:00am
The Bank of Korea Governor Lee Ju-yeol remarked on June 12 that the central bank may adjust the degree of its expansionary monetary policy if economic conditions keep getting better to a significant...
Winix Tower XQ.
Life Design Power
12 June 2017 - 11:45am
Winix announced on June 9 that the life environment solution company won the design award for the air purifier Tower XQ series which is the company’s main product at the IDEA 2017 (International...
A photo of damage by Borny Korea’s Outlast on SNS.
Damages to Infants
12 June 2017 - 11:45am
Amid outbreaks of rash and urticaria on children using infant mats made of the most advanced new material allegedly developed by the US National Aeronautics and Space Administration (NASA) and sold...
LG Chem will supply reverse osmosis filters for use in the seawater desalination plant with a capacity of 300,000 tons in Egypt.
Towards #1 Position
12 June 2017 - 11:30am
LG Chem announced on June 11 that it has been selected as the sole supplier of reverse osmosis filters for use in the seawater desalination plant with a capacity of 300,000 tons that Metito, a global...

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