![[Quote] Korean Economy Is Not Mired in Deflation, Says BOK Governor](http://koreabizwire.com/wp/wp-content/uploads/2014/09/2279829783_0a40ae24d3_z.jpg "[Quote] Korean Economy Is Not Mired in Deflation, Says BOK Governor")
“Technically speaking, Korean economy is not deemed to have entered deflation. Although consumer prices have continued to stay in the meager 1-percent range for nearly two years, this trend is largely caused by supply factors such as downward prices of agricultural products and global energy goods. The underlying inflation which indicates basic price pressure in terms [...]
SEOUL, May 9 (Korea Bizwire) – It turns out that a large number of corporate officials, who have participated as examining panels in recruiting process including document screenings and interviews, are not satisfied with their company’s hiring system. According to a survey of 235 business officials, who have taken part in the hiring process, conducted [...]
SEOUL, Korea, April 16, 2014 (Korea Bizwire) – It seems that spring has already come to the Korean economy. People are rushing to buy new apartments and the number of employed people surpassed the half-million mark for five consecutive months. Export volume in March rose to the second highest level of all time and big-ticket [...]
SEOUL, Korea, July 22 (Korea Bizwire) – Recently there are signs that the Korean economy has become more and more cash based. In a so-called cash economy, most transactions are made in cash instead of credit cards or bank balance transfers. As more people hold cash as a means of payment, the economy needs more [...]