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  Korea Report - March 2012
  Author : Hwang & Co     Date : 12-04-05 10:56     Hit : 35060    
   Korea Report - March 2012.pdf (347.5K), Down : 16, 2012-04-05 10:56:42
 

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Korea Report - March, 2012.

 

Topics.

 

©÷ Nuclear Security Summit took place at COEX, Seoul during March 26-27.

©÷ President Lee held top-level bilateral talks with leaders of 25 countries.

©÷ Korea-US free trade agreement went into effect as of March 15.

©÷ China renewed a claim to jurisdiction over Ieodo Korea.

©÷ NK said it would launch a satellite in mid-April to mark the centennial birthday of Kim Il-sung.

©÷ Korea¡¯s per capita GNI have surpassed $30,000 for the first time in history last year.

©÷ Foreign investment banks projected the SKorean economy would expand 3.3% in 2012.

©÷ SKorea¡¯s exports and imports fell for the first time in 2 and a half years in March.

©÷ The average gasoline price in Seoul¡¯s 25 districts rose above KW2,000 per liter.

©÷ Korean government will introduce a ¡°growth-sharing certification program¡± in April.

©÷ Samsung positioned itself as the global top smartphone manufacturer.

©÷ Korea¡¯s stock transactions surged to a 33 month-high in Feb.

©÷ SKorea¡¯s foreign reserves came to a record high of $315.95 bil at the end of March.

©÷ BOK held the benchmark rate unchanged at 3.25%.

©÷ Ship building price has been fallen for 8 consecutive month.

©÷ The gap in the technologies between Korea and China is reported still substantial.

©÷ Demolition of 57 mil DWT is expected this year.

©÷ The accumulated delivery of ships in HHI surpassed the milestone 100 mil GT.

©÷ HMD set a milestone in vessel construction with the delivery of its 600th product in just 14 years.

©÷ Government has approved ¡®Asia Pacific 20¡¯ fund applied by Korea Shipping Fund.

 

 

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