Home > Report > Korea Report

 
 
 
   
  Korea Report - May 2014
  Author : Hwang & Co     Date : 14-06-05 20:14     Hit : 32447    
   Korea Report - May 2014.pdf (419.8K), Down : 11, 2014-06-05 20:21:16

HWANG & COMPANY, LTD.

 

Tel : +82-31-783-6130/1 

Fax: +82-31-783-6132 

E-mail: hwangnco@hwangnco.com    

Website: www.hwangnco.com

 

Korea Report - May, 2014.



Topics.



  • President Park¡¯s approval rating dropped from 60% to over 40% in the wake of the Sewol ferry accident.

  • Park to establish a new DPM¡¯s post for overseeing educational, social and cultural issues.

  • Japan stepped-up push for collective self-defense in the region.

  • Korea plans to invest KW150 bil ($146 mil) in ¡®fusion energy¡¯ development this year.

  • The captain of the Sewol and 3 other key crew members were indicted on charges of homicide.

  • NK fired 2 artillery shells near SKorean warship on patrol in the tensely guarded western sea border.

  • USA to raise pressure on SKorea to join the US-led missile defense system.

  • NK decided to take part in the 2014 Asian Games to be held in SKorea from Sept 19 to Oct 4.

  • Korea¡¯s nominal GDP per capita surpassed $24,000 last year.

  • Korea Development Institute revised its outlook for Korea¡¯s economic growth to 3.7% for this year.

  • Moody¡¯s predicts Korea¡¯s export firms¡¯ corporate ratings may be down due to appreciation of KWon.

  • SKorea¡¯s market share of global trade marked the ninth place in 2013 amongst the WTO members.

  • Korea¡¯s 500 businesses took in KW2.6 quadril ($2.4 tril) in combined sales in 2013, up 1.6% from 2012.

  • SEC topped the American Customer Satisfaction Index for smartphones, with 81scored on a scale of 100.

  • SK Hynix garnered 28.2% of the global DRAM market in Jan-March period.

  • Overseas construction orders secured by SKorean builders stood at $31.6 bil in the first 5 months in 2014.

  • In April alone, KWon appreciated 3.05% against the greenback, the highest amongst 40 major currencies.

  • SKorea's consumer price index went up 1.7% in May, the fastest on-year rise since Oct 2012.

  • Global NB orders for Jan-to-April of 2014 tallied at 46.2 mil dwt (661 units of a combined 14.5 mil cgt).

  • Korea took up 91% of the total VLGC order globally inked this year.

  • Korea's major yards ran a deficit in their quarterly earnings, wider than the market consensus.

  • DSME recorded an operating profit of 80.6 bil ($74.2 mil) in the first quarter, up 19.8% on-year.

  • HMM signed a contract with IMM private equity at KW1 tril for the transfer of its LNGC business.



--------------------------------------------------------------


Please open the PDF file for full report.