Tech-tonic shift: September ICT exports set all-time monthly mark
Information and communications technology exports in September shattered the monthly record with USD 75.15 billion. Shown are containers piled high...
Arctic shipping era starts with historic voyage of domestic vessel
President Lee Jae Myung (center) on Oct. 13 is briefed on the PanStar Acro, a vessel that completed its pilot...
Chip, chip, hooray! IMF ups Korea’s 2026 growth forecast to 3.3%
Containers stacked at central pier of Busan Port (Busan Port Authority)
By Koh HyunjeongThe International...
C/A surplus in August sets 2nd-highest monthly mark of USD 46.11B
The current account surplus in August hit USD 46.11 billion, the second-highest figure in history following the record set...
September exports shatter all-time monthly record with USD 121B
September trade data released by the Ministry of Trade, Industry and Resources on Oct. 1 said exports last...
ADB raises forecast for Korea’s growth rate to 3.2%
The Asian Development Bank (ADB) on Sept. 23 raised Korea's economic growth rate to 3.2% for 2026. The...
ICT exports last month break record high, comprise 61% of total
Information and communications technology exports last month set a record high with nearly USD 60 billion driven by higher investment in artificial...
Korea tops OECD’s leading economic index for 1st time in 6 years
Korea's composite leading indicator of the Organisation for Economic Co-operation and Development last month topped all others in...
Korea hosts world’s first summit of cosmetics watchdog chiefs
Minister of Food and Drug Safety Oh Yu-Kyoung (10th from right) on Sept. 7 poses for a group photo with...
GDP rises 0.6%, real GNI jumps 3.1% in 2nd quarter: Bank of Korea
The Bank of Korea on Sept. 8 said the economy in the second quarter grew 0.6% from the first. Shown...
IMF, ADB raise 2026 growth forecasts for Korea to 2.6%: ministry
The International Monetary Fund and the Asian Development Bank have both raised their economic growth forecasts for Korea...
Avg. 2026 growth forecasts of int’l investment banks hit 3% level
Container terminal at Gwangyang Port in Gwangyang, Jeollanam-do Province (Yeosu Gwangyang Port Authority)
By Kang...
OECD keeps Korea’s growth forecast at 2.6%, cites spending, chips
The Organisation for Economic Co-operation and Development has maintained its 2026 growth forecast for Korea at 2.6%. Shown...
Monster milestone: June sets monthly export mark of USD 102.25B
Exports in June surpassed USD 100 billion for the first time to set an all-time monthly record. Shown...
Korea’s ranking on IMD world competitiveness list rises to 21st
The Ministry of Finance and Economy on June 18 said the Switzerland-based International Institute for Management Development this...
May card spending by foreign visitors surpass KRW 2T milestone
Card spending by foreign tourists last month surpassed KRW 2 trillion for the first time. Shown are visitors...
MOU with Saudi Arabia raises cooperation in energy, minerals, AI
Minister of Trade, Industry and Resources Kim Jung-Kwan (left) on June 14 poses for photos in Riyadh, Saudi Arabia, with...
Economic, trade cooperation agreement with Jordan takes effect
Ambassador to Jordan Kim Pil-woo (right) and Jordanian Minister of Industry and Commerce Yarub Qudah in Amman, Jordan,...
Economic growth in Q1 beats forecasts at 1.8%, GNI rises 9.2%
The Bank of Korea on June 9 released preliminary data on national income in the first quarter showing growth...
Jan.-April current account surplus exceeds USD 100B, 2nd in world
The current account surplus from January through April eclipsed USD 100 billion. Shown is the container terminal at...
