Korea files WTO complaint over US tariffs
Korea filed a complaint with the World Trade Organization (WTO) over the U.S.'s safeguard tariffs on washing machines and solar energy products, the trade...
IMF predicts 3 percent growth for Korea
The IMF forecasts on April 17 that Korea’s GDP growth rate for 2018 and 2019 will be 3.0 and 2.9 percent, respectively. (Korea.net DB)
By Park...
Korea invests USD 2.2 billion in overseas aid in 2017
A volunteer for the Korea International Cooperation Agency (KOICA) teaches elementary students about sanitation and hygiene, in Cambodia in December 2017. (KOICA)
By Kim Eun-young and Sohn JiAe
Official...
Korea helps Vietnam develop call centers
Yang Gwon Mo, a general manager from the Gwangju Call Center, and a representative from the Vietnamese Social Security (VSS) bureau gather during a...
Korea to head WTO Safeguard Committee
The World Trade Organization (WTO) appointed Kwon Hyouk-woo, the head of the Permanent Mission of the Republic of Korea in Geneva, as the chairperson...
Korea signs FTA with 5 Central American countries
Trade Minister Kim Hyun-chong (third from left) joins hands with ministers from five Central American countries at the Korea-Central America Free Trade Agreements (FTA)...
Korea, Vietnam trade continues to grow, expand
As President Moon Jae-in visits Vietnam, the Minister of Trade, Industry and Energy Paik Ungyu (right) and Vietnam’s Minister of Industry and Trade Tran...
Korea, Switzerland agree on KRW 11 trillion currency swap
Swiss National Bank Chairman Thomas Jordan (left) and Bank of Korea Governor Lee Juyeol shake hands after signing a bilateral currency swap agreement, in...
Korea signs FTA with 5 Central American countries
Trade Minister Kim Hyun-chong (third from left) joins hands with ministers from five Central American countries at the Korea-Central America Free Trade Agreements (FTA)...
Korea, Switzerland agree on KRW 11 trillion currency swap
Swiss National Bank Chairman Thomas Jordan (left) and Bank of Korea Governor Lee Juyeol shake hands after signing a bilateral currency swap agreement, in...
Korea, Uzbekistan agree to expand economic cooperation
Uzbekistani President Shavkat Mirziyoyev (left) meets with Deputy Prime Minister and Minister of Strategy and Finance Kim Dong Yeon at the presidential palace in...
Korea, US hold second round of FTA negotiations
Korean negotiators headed by Deputy Minister for FTA Negotiations Yoo Myung-hee from the Ministry of Trade, Industry and Energy, and U.S. negotiators led by...
Korea records 3.1 percent GDP growth in 2017: central bank
The Bank of Korea announced on Jan. 25 that Korea’s gross domestic product (GDP) increased by 3.1 percent in 2017, compared to that of...
Gov’t predicts over 4% growth in exports in 2018
Minister of Trade, Industry and Energy Paik Ungyu (eighth from right) poses for a group photo with staff at Korean Air’s cargo terminal at...
OECD upgrades Korean economic growth to 3.2 percent
The Organisation for Economic Co-operation and Development (OECD) lifted Korea’s economic growth outlook for 2017 to 3.2 percent, on Nov. 28. The photo above...
Korea, Sri Lanka hold business forum, strengthen trade
Sri Lankan President Maithripala Sirisena (fifth from left), on an official state visit to Korea, poses for a group photo with attendants at a...
We’re in full support of female entrepreneurs: PM
Prime Minister Lee Nak-yon (left) presents a Gold Tower Order of Industrial Service Merit Award to the head of Hangsung Foods, Kim Soon-ja, during...
Credit agencies see no N. Korean effects on S. Korean economy
Deputy Prime Minister Kim Dong-yeon (right) holds a meeting with Moritz Kraemer, chief ratings officer at S&P Global, in Washington, D.C., on Oct. 13....
Mobile banking apps now cater for non-Koreans
Since 2013, Woori Bank has been providing its Woori Global Banking services to its non-citizen customers. It allows them to do regular banking business...
Gov’t to support smaller companies: prime minister
Prime Minister Lee Nak-yon delivers his congratulatory remarks at a ceremony marking the third anniversary of the 'Day of Medium-sized Business Leaders' (중견기업인의 날),...
