HWANG & COMPANY, LTD.
Tel : +82-31-783-6130/1
Korea Report - August, 2013.
©÷ President Park¡¯s approval ratings hit a new high, in the range of 60-70%.
©÷ Japan¡¯s attitude about its past history is angering the neighboring countries.
©÷ Record heat waves have gripped Korea over July & Aug months.
©÷ Asiana offered $10,000 to all passengers aboard the flight that crashed on 6 July.
©÷ President Park¡¯s consistent policy toward NK led to the re-opening of Gaeseong
factory park and the reunions of S-N separated families.
©÷ SKorea¡¯s risk premium has returned to below 90 basis points.
©÷ SKorea logged a current account surplus for the 18th straight month.
©÷ South-North agreed to re-open the Gaeseong factory park.
©÷ South-North agreed to hold family reunions during Sep 25-30.
©÷ SKorea¡¯s economy is forecast to regain 4% growth in H2 of this year 2013.
©÷ SKorea¡¯s trade surplus ranked 7th amongst WTO members in H1 of the year.
©÷ China is increasing purchases of stocks, bonds and real estate in SKorea.
©÷ SKorea¡¯s household credit totaled KW980 tril ($870.1 bil) in end-June.
©÷ SKorea¡¯s top businesses pledged to invest $138.8 bil by the year¡¯s end.
©÷ SEC rolled out the world¡¯s first 3-D Vertical NAND flash memory in Aug.
©÷ LG Electronics has launched its curved OLED TV in Germany.
©÷ SK Hynix has taken No.2 title in the global DRAM market.
©÷ Nearly half of mobile users in USA and Canada are using SEC or LG smartphones.
©÷ International patent disputes jumped to 200 cases in H1, up by 30% on-year.
©÷ Import car sales in Korea hit a new high in July, up by 39% on-year.
©÷ SKorea¡¯s consumer price has remained in the 1% growth for the 10th straight month.
©÷ SKorea¡¯s NB orders have recorded 216 ships worth $23 bil in Jan-Jul period 2013.
©÷ ¡®K-sure¡¯ has financed $340 mil for 7 x 9,300 teu containershps from CSAV for SHI.
©÷ Korean shipyards have stopped low-price ship-sales since Q3 of 2013.
©÷ Profitability of Korean shipyards has worsened in Q2 of this year.
©÷ Samra Midas has become the preferred bidder for Korea Line Corp.
Please open the PDF file for full report.