Tuesday, March 19, 2024

Cosmetics exports hit KRW 10T for 2nd straight year

Cosmetics exports last year broke the KRW 10 trillion mark for the second consecutive year. Shown is a cosmetics...

Currency swap with Japan resumed after 8 years for USD 10B

Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho (second from right) and Japanese Minister of...

Halal-certified premium domestic beef set for 1st export

Minister of Agriculture, Food and Rural Affairs Chung Hwang-keun on May 12 speaks at a launching event in...

Roadshow showcases KRW 12T worth of Saudi megaprojects

Minister of Land, Infrastructure and Transport Won Hee-ryong (right) and Saudi Minister of Transport Saleh bin Nasser Al...

Seoul ranked 10th among global cities in financial competitiveness

Seoul is ranked 10th among 130 cities worldwide in this year's Global Financial Centres Index. The photo is...

KRW 10T currency swap with Indonesia extended 3 years

The Bank of Korea on March 6 said it agreed with Bank Indonesia to extend their bilateral currency...

Korean economy this year to grow 2%, world’s 1.9%: UN

The United Nation on Jan. 25 said Korea will see economic growth of 2%, ahead of the world's rate...

Cruise travel in Incheon to be resumed for first time in 3 1/2 years

Cruise lines at Incheon Port halted due to COVID-19 will be resumed for the first time in three years and...

Avg. income jumps nearly 3,000 fold as 5-year plan marks 60th anniversary

Deputy Prime Minister and Minister of Economy and Finance Choo Kyungho on Nov. 21 gives an introductory speech at a conference marking the 60th anniversary of...

Export deals at world’s top TV content trade event hit USD 16.64M

Korean companies from Oct. 17-20 in Cannes, France, take part in this year's MIPCOM (International Co-Production and Entertainment Content Market), the world's largest event for broadcast...

Korea wins 8th term on int’l civil aviation body’s council

Minister of Land, Infrastructure and Transport Won Hee-ryong on Oct. 4 speaks at the 41st assembly of the International Civil Aviation Organization in Montreal, Canada. (Ministry...

OECD raises Korea’s growth forecast this year to 2.8%

The Organisation for Economic Co-operation and Development (OECD) has raised its economic growth forecast for Korea this year to 2.8% in its report "2022 OECD Economic...

Exports to China jump 162 times during 30 years of ties

Exports to China have skyrocketed 162-fold since Korea and China formed bilateral ties 30 years ago. Shown are Minister of Foreign Affairs Park Jin (left) and...

Video consultation on K-content exports hits record scale

A video consultation on Korean content exports was held from July 6-7 at the Seoul COEX in the city's Gangnam-gu District and jointly hosted by the Ministry of...

Job growth last month set 22-year high: Statistics Korea

Statistics Korea on June 15 in a report on May job trends said the number of employed last month rose 935,000 year on year to 28.48 million. Shown...

Per capita GNI last year rose 10.3% to USD 35,168

The Bank of Korea on March 3 in a preliminary report on gross national income (GNI) in the fourth quarter and all of last...

FDI last year jumped 42.3% to post record-high USD 29.51B

Jung Jong-young, director-general for investment policy at the Ministry of Trade, Industry and Energy, on Jan. 10 at Government Complex-Sejong gives a briefing on...

Agricultural, fishery food exports break USD 10B for first time

Visitors at the Meadowlands Exposition Center in Secaucus, New Jersey, in November last year try Korean cuisine at the food industry trade show Kosherfest 2021. (Ministry of...

BOK reaffirms 4% growth outlook citing exports, consumption rebound

Bank of Korea Deputy Gov. Lee Hwanseok on Nov. 25 speaks at a presentation on economic forecasts at the bank's headquarters in Seoul's Jung-gu District. (Screen capture from bank's...

Shipbuilders last month claim top world ranking with 52% of global orders

Korean shipbuilders last month received the most orders of any country in the sector. The photo shows a large container ship in February docked...

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