SEJONG/SEOUL, Dec. 15 (Korea Bizwire) – South Korea’s finance minister said Thursday that Asia’s fourth-largest economy has strong economic and financial fundamentals to overcome the current headwinds stemming from the domestic political turmoil and a global economic slowdown. The recent political turbulence sparked by the impeachment of President Park Geun-hye is feared to weigh on [...]
SEOUL, Nov. 29 (Korea Bizwire) – Eight out of ten Korean small and medium-sized companies have a very unfavourable view of the current state of economic affairs in Korea. A recent survey related to the current financial environment, targeting employees in three hundred SMEs, showed that 85.7 percent thought the country was in a financial [...]
SINGAPORE, Feb 05, 2014 (Korea Bizwire) – The YPO Global Pulse Confidence Index for Asia climbed for the second consecutive quarter, gaining another 3.5 points to land at 63.6. Business confidence surged in China, Japan and India against a backdrop of stimulative government policy and encouraging economic data. Meanwhile, confidence in Southeast Asia moved in the [...]