outlook Archives | Be Korea-savvy
N. Korea Likely to Focus on Building ‘Three Axes’ of Its Weapons System Next Year: Expert

N. Korea Likely to Focus on Building ‘Three Axes’ of Its Weapons System Next Year: Expert

SEOUL, Dec. 17 (Korea Bizwire) — North Korea is likely to push forward with the development of its strategic and tactical nuclear weapons as well as reconnaissance satellites next year as Pyongyang seeks to strengthen its nuclear and missile capabilities, according to an expert Friday. “For the goal of the North Korean version of possessing [...]

Refiners’ Q2 Earnings Predicted to be Brisk on Widened Margins

Refiners’ Q2 Earnings Predicted to be Brisk on Widened Margins

SEOUL, July 5 (Korea Bizwire) — Major South Korean oil refiners are estimated to have reaped strong earnings in the second quarter following record profits in the previous quarter, boosted by widened margins and higher oil prices, industry data showed Tuesday. Top player SK Innovation Co. is expected to have posted 1.81 trillion won (US$1.39 [...]

S. Korean Airline Industry At Risk of Being Trapped in ‘Three Highs’

S. Korean Airline Industry At Risk of Being Trapped in ‘Three Highs’

SEOUL, June 27 (Korea Bizwire) — Once firmly on the path to recovery from the disruption brought on by the coronavirus pandemic, the South Korean airline industry is now facing a crisis of being trapped in ‘three highs,’ a term describing high inflation, high exchange rates and high interest rates. The price of aircraft fuel [...]

Samsung Has Substantial Upside Potential on Sound Fundamentals: Chief Analyst

Samsung Has Substantial Upside Potential on Sound Fundamentals: Chief Analyst

SEOUL, June 24 (Korea Bizwire) — Investor sentiment has been unduly negative toward Samsung Electronics in light of the company’s strong performance and solid earnings forecast, a chief analyst at a local research firm has said. “I think investor worries are excessive. Limited supply will shore up memory chip prices in the coming months,” Greg [...]

S. Korea’s IPO Market to Have Bumper Year in 2022 with Mega Deals: Analysts

S. Korea’s IPO Market to Have Bumper Year in 2022 with Mega Deals: Analysts

SEOUL, Jan. 2 (Korea Bizwire) – South Korea’s initial public offering (IPO) market is expected to have another bumper year in 2022 as a slew of companies, including battery maker LG Energy Solution, are planning for stock market debuts, analysts said Sunday. The amount of money raised via IPOs on the main and tech-heavy stock [...]

Corporate Capital Spending Forecast to Grow 3.6 pct in 2022

Corporate Capital Spending Forecast to Grow 3.6 pct in 2022

SEOUL, Dec. 29 (Korea Bizwire) — South Korea’s corporate capital spending is expected to expand nearly 4 percent in 2022 on a recovery in manufacturing activity and private consumption, a poll showed Wednesday. The survey of 3,700 big, midsize and small companies, taken by the state-run Korea Development Bank (KDB), showed their combined facility investments [...]