Current account in May posts 13th straight surplus with USD 10.8B
The Bank of Korea on July 7 said the current account surplus in May reached the provisional figure of USD 10.76 billion. Park Yang-su, director general...
Gov’t boosts this year’s growth forecast to 11-year high of 4.2%
Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki on June 28 speaks to a joint briefing on the government's economic policy for the...
Current account posts 11th straight month of surplus in March
The Bank of Korea on May 7 said the current account surplus reached USD 7.82 billion in March this year. Pictured are container ships...
30 years of Korea-Russia ties see 25-fold jump in trade, tourism
With this year marking the 30th anniversary of Korea's bilateral ties with Russia, the trade volume and the number of tourists between the two countries have jumped 25...
Biz sentiment in August rises for 4th consecutive month
The Bank of Korea on Aug. 26 said the business survey index of all industries in Korea rose to 66 this month, up four...
Korea rises to No. 6 on global auto sales list
The Korea Automobile Manufacturers Association announced on July 16 that its study of the world's top ten auto markets found that Korea jumped in...
Korea Brand & Entertainment Expo to be held online for 1st time
(From left to right) The K-pop group N. Flying (Yoo Hwe-seung and Lee Seung-hyub), Korea-Trade Investment Promotion Agency (KOTRA) President Kwon Pyung-oh, and the K-pop groups AOA (Ji-min and...
Korea to resume WTO complaint vs. Japan over export curbs
Na Seung-sik, deputy minister for trade and investment at the Ministry of Trade, Industry and Energy, on June 2 holds a media briefing on...
3 shipyards to build 100 LNG vessels for Qatar
Minister of Trade, Industry and Energy Sung Yun-mo (right) on June 1 poses with Hyundai Heavy Industries President Ka Sam-hyun in holding an agreement at...
Bank of Korea cuts basic interest rate to 0.50%
Bank of Korea Governor Lee Juyeol, concurrently chairman of the Monetary Policy Board, on May 28 chairs a meeting at the bank's headquarters in...
Finance minister suggests currency swaps among G-20 central banks
Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki on March 31 takes part in a videoconference of G-20 finance ministers and...
Official R&D budget this year set at record KRW 24T
Vice Minister of Science and ICT Kim Sung-soo on Jan. 6 gives a speech in a briefing session on inter-governmental cooperation in R&D projects...
‘Peace on Korean Peninsula to bring more opportunities for Korean and Swedish companies’
President Moon Jae-in on Dec. 18 gives the keynote address at the Korea-Sweden Business Summit held at Lotte Signiel Seoul. (Cheong Wa Dae's Facebook...
President Moon: Our economy is strong, its future positive
President Moon Jae-in on Dec. 5 gives a speech at a ceremony for the 2019 Trade Day held at the Seoul COEX. (Hyoja-dong Studio)
By Lee Hana
President Moon...
President Moon: Startups will revive future of Korea and ASEAN
President Moon Jae-in (sixth from left in first row) on Nov. 26 poses for a photo with the leaders from the ten member states...
World’s biggest free trade deal concluded at RCEP summit
President Moon Jae-in (fifth from the right) on Nov. 4 holds hands with leaders of countries participating at the Regional Comprehensive Economic Partnership (RCEP) Summit in...
Finance minister tells foreign investors ‘economy has strong resilience’
Minister of Economy and Finance Hong Nam-ki on Oct. 16 speaks at an investor relations session in New York under the theme "Korean Economy,...
Korea ratifies free trade deal with Indonesia
Trade Minister Yoo Myung-hee (middle) on Oct. 16 announces with her Indonesian counterpart Enggartiasto Lukita the ratification of the Comprehensive Economic Partnership Agreement between the...
Korea-Japan trade spat worsening global economic uncertainty: Krugman
Minister of Finance and Economy Minister Hong Nam-ki (right) on Sept. 9 shakes hands with Nobel laureate economist Paul Krugman at a conference in...
[Innovative Startup 5] Cellreturn seeks to revolutionize K-beauty sector via LED masks
Cellreturn CEO Kim Il-soo poses with his company's innovative LED masks at his office in Incheon.
By Min Yea-Ji and Lee Jihae
Photos = Choi Tae-soon
Incheon | July 22, 2019
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