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  Korea Report - November 2013
  Author : Hwang & Co     Date : 13-12-06 15:48     Hit : 32197    
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Korea Report - November, 2013.

 

Topics.

 

©÷  President Park was on a diplomatic tour to France, UK, and Belgium from Nov 2-9, 2013.

©÷  The Korea carefully reviews its participation in the Trans-Pacific Partnership (TPP).

©÷  The nuclear deal in Iran rekindle hopes for SKorea restarting trade with Iran.

©÷  Korea proposed publishing a joint history textbook of Northeast Asia with China and Japan.

©÷  SKorea is poised to fund $8 bil to IMF, World Bank, and ADB Bank in 2014.

©÷  China unilaterally set up a Chinese Air Defense Zone over the East China Sea.

©÷  Growing number of business groups started joining the flexible part-time hiring system.

©÷  SKorea decided to buy 40 F-35 fighters from Lockheed Martin.

©÷  Moody's has retained its sovereign credit rating on SKorea at ¡®Aa¡¯. 

©÷  Korea introduced the ¡®Kimchi index, as an economical guide.

©÷  SKorea¡¯s gross national income per capita is to set at $24,044 (KW26.4 mil) this year.

©÷  In Jan-Aug, Korea¡¯s current account surplus surpassed that of Japan for the first time.

©÷  Korea's 2013 economic growth will chalk up 2.7%, whilst its 2014 growth outlook is set at 3.8%.

©÷  Profitability of Korea¡¯s 20 leading business groups slid to a 5.6% in 2012.

©÷  SEC logged the largest revenue with KW59.08 tril ($55.66 bil) amongst global IT firms, during 3Q.

©÷  The sales of Foreign-brand cars in Oct jumped 17.8% on-year.

©÷  Hyundai E&C¡¯s cumulative overseas orders topped $100 bil in 48 years.

©÷  Daewoo E&C is emerging as a leading builder in Africa, with a record of landing $25.5 bil.

©÷  Goldman Sachs forecasts KOSPI climb to 2,350 points, the key interest rate to 3% and KWon-USD

exchange rate near 1,100 next year.

©÷  SKorea's consumer price index went up 0.9% on-year in Nov.

©÷  Korean yards started to fill their empty spaces with big bulkers and VLCCs, responding recovering market.

©÷  KEXIM, K-Sure and commercial banks positively involved in ship financing.

©÷  Selektope, an antifouling product developed by I-Tech, won the recognition from the leading ship owners. 

©÷  Leading shipbuilders in Korea record poor performance in third quarter.

©÷  Korea Lines Corp is completely out of the 2-year ¡®court receivership¡¯ process.

 

 

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