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82 Percent of SE Asian Students Rate Relationship Between S.Korea, ASEAN as “Good” or Better

82 Percent of SE Asian Students Rate Relationship Between S.Korea, ASEAN as “Good” or Better

SEOUL, Nov. 10 (Korea Bizwire) – International students hailing from ASEAN member countries think South Koreans and their country are “friendly”, “kind”, “hardworking” and “difficult”, according to a joint survey conducted by the ASEAN-Korea Centre and the Korean Institute of Southeast Asian Studies. From March to May, the two organizations spoke to 1,004 South Koreans [...]

S. Korea’s Cosmetics Exports to ASEAN Jump 31.6 pct in 2016

S. Korea’s Cosmetics Exports to ASEAN Jump 31.6 pct in 2016

SEOUL, Sept. 13 (Korea Bizwire) — Exports of South Korean beauty products to Southeast Asian countries soared 31.6 percent last year, amid surging demand for skin care and makeup items, a report showed Wednesday. The outbound shipments of Korean cosmetics products to the 10-member Association of Southeast Asian Nations (ASEAN) reached US$406 million in 2016, [...]

U.S. and China’s Growing Protectionist Attitudes Cause Government to Look to the South

U.S. and China’s Growing Protectionist Attitudes Cause Government to Look to the South

SEOUL, Sept. 11 (Korea Bizwire) – Increasing roadblocks on the path towards the Chinese economic heartland and a disquieting back and forth with the United States over the KORUS FTA has pushed the South Korean government to grow its trade with India and South Asian nations.  According to the Ministry of Trade, Industry and Energy, [...]

South Korea and 5 ASEAN Nations Talk Diplomacy and Economic Cooperation in Busan

South Korea and 5 ASEAN Nations Talk Diplomacy and Economic Cooperation in Busan

BUSAN, Sept. 1 (Korea Bizwire) — South Korea and five Southeast Asian countries surrounding the Mekong River agreed on Friday to strengthen diplomatic and economic cooperation during an annual high-level meeting in the southern port city of Busan. The 7th Mekong-Republic of Korea Foreign Ministers’ Meeting adopted a new action plan outlining the long-term vision [...]

Hard-line China Drives South Korean Businesses to Southe East Asia

Hard-line China Drives South Korean Businesses to Southe East Asia

SEOUL, March 17 (Korea Bizwire) – With China taking a hard line against South Korea amid the ongoing political dispute over the THAAD missile defense system, South Korean companies are beginning to divert their attention towards Southeast Asian countries that offer more certainty and stability for their business.  Companies from East Asian countries – namely [...]