S. Korea sees stronger growth in ’24 – OECD
The Organisation for Economic Cooperation and Development (OECD) has boosted its growth forecast for South Korea to…
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South Korea
S. Korea inflation eases to 3-month low at 2.9%
South Korea's April inflation eased more than expected, with the consumer price index (CPI) reaching a 3-month low…
Egypt eyes expansion of South Korean investments – PM
Egypt is actively seeking to expand South Korean investments in various sectors alongside current investments,…
S. Korea’s exports surge 13.8% in April
South Korea's exports surged for the seventh straight month in April, driven by high demand for semiconductors and…
US awards Samsung $6.4b chips grant for Texas project
The Biden administration will award $6.4 billion in grants to South Korea’s Samsung to expand chip production in…
S. Korea’s manufacturing activity drops in March
South Korea's manufacturing activity weakened in March due to sluggish domestic demand despite strong overseas…
ADNOC prioritises Murban over Zakum
UAE's Upper Zakum crude exports dropped significantly as Abu Dhabi National Oil Company (ADNOC) prioritised…
Asia factory activity slumps in March
Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.
Hyundai Motor plans to invest $51b over 3 yrs
Hyundai Motor Group announced a $51 billion investment over three years to enhance its electric vehicle and new…
LG Group considers 100t won investment in next 5 yrs
LG Group, a South Korean conglomerate, plans to invest 100 trillion won ($74.42 billion) in the country over the…
