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Weak Exports Impacting Industrial Output and Investments

Weak Exports Impacting Industrial Output and Investments

SEOUL/SEJONG, Nov. 27 (Korea Bizwire) - Weak exports are starting to impact industrial output and business investment in South Korea, the country’s top economic policymaker said Friday. Chairing the meeting of foreign economy-related ministers in Seoul, Finance Minister Choi Kyung-hwan said outbound shipments in October plunged at the sharpest rate in more than two years. “This [...]

Samsung Display Plans Additional 230 Bln won Investment in Vietnam

Samsung Display Plans Additional 230 Bln won Investment in Vietnam

SEOUL, Aug. 7 (Korea Bizwire) – Samsung Display has announced plans to invest an additional 230 billion won to enlarge manufacturing facilities in Vietnam. According to officials from Bac Ninh in northern Vietnam, Samsung Display received the approval of the Vietnamese government to increase their scale of investment from $100 million (120 billion won) to $300 [...]