east asian economy Archives | Be Korea-savvy
Imports and Exports on the Rise for South Korea

Imports and Exports on the Rise for South Korea

SEJONG, Sept. 1 (Korea Bizwire) — South Korea’s exports extended their double-digit growth to eight straight months in August on record shipments of semiconductors, government data showed Friday. Outbound shipments came to US$47.1 billion in the month, up from $40.1 billion tallied a year earlier, according to data compiled by the Ministry of Trade, Industry [...]

Industrial Output on the Rise Across All Sectors

Industrial Output on the Rise Across All Sectors

SEJONG, Aug. 31 (Korea Bizwire) — South Korea’s industrial output rose at the fastest pace in six months in July on gains in cars and electronic devices, government data showed Thursday. Production in the mining, manufacturing, gas and electricity industries climbed 1.9 percent on-month in July, turning around from a 0.5 percent on-month drop in [...]