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Exports of S. Korean Refiners’ Q1 Petroleum Products Up by Most in 11 Years

Exports of S. Korean Refiners’ Q1 Petroleum Products Up by Most in 11 Years

SEOUL, April 26 (Korea Bizwire) — South Korean refiners posted the biggest quarterly growth in exports of their petroleum products in the first quarter from a year earlier, driven by robust fuel demand and rising oil prices amid eased COVID-19 border controls, a report showed Tuesday. The combined outbound shipments of petroleum products by SK [...]

S. Korea Aims to Become 3rd-largest Cosmetics Exporter by 2022

S. Korea Aims to Become 3rd-largest Cosmetics Exporter by 2022

SEOUL, Dec. 5 (Korea Bizwire) — South Korea aims to become the third-largest cosmetics exporter in the world by 2022 through extensive investment in research and development (R&D) and concerted marketing efforts, the government said Thursday. The country’s makeup products are globally competitive, with growth buoyed by popularity of the Korean Wave and the growing [...]

S. Korea’s OLED Exports to Japan Hit Record High in June

S. Korea’s OLED Exports to Japan Hit Record High in June

SEOUL, Jul. 24 (Korea Bizwire) — South Korea’s OLED panel exports to Japan more than doubled to hit a record high last month, data showed Wednesday, bucking the trend of weakening global demand for displays. South Korea’s shipments of organic light-emitting diode (OLED) panels to Japan totaled US$13.2 million in June, skyrocketing 129.2 percent from [...]