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S. Korea’s Industrial Output Dips 2 Pct On-Yr in Sept.

S. Korea’s Industrial Output Dips 2 Pct On-Yr in Sept.

SEJONG, Oct. 31 (Korea Bizwire) – South Korea’s industrial output dropped in September to snap a four-straight month rise on a slump in auto output and mobile devices, a government report showed Monday.  Production in the mining, manufacturing, gas and electricity industries fell 2 percent last month from a year ago, according to the report [...]

S. Korea’s Economy Still Swayed by Feeble Production, Exports: Gov’t Report

S. Korea’s Economy Still Swayed by Feeble Production, Exports: Gov’t Report

SEJONG, Oct. 11 (Korea Bizwire) – The South Korean economy has been experiencing a bumpy recovery as a slowdown in production and exports dragged down an apparent upturn in domestic demand, a government report said Tuesday.  “The economy has been on a flaccid recovery track as private consumption and investment have made a turnaround in [...]

Quake Triggers Safety Concerns, Halting Production Facilities

Quake Triggers Safety Concerns, Halting Production Facilities

SEOUL, Sept. 13 (Korea Bizwire) – A number of South Korean businesses were forced to halt their production and assembly lines for safety inspections Tuesday, one day after a powerful quake rocked the country.  Nearly a dozen major industrial facilities, including a power plant, had their operations halted after a 5.8-magnitude earthquake jolted the nation, [...]