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  Korea Report - October 2020
  Author : Hwang & Co     Date : 20-11-07 11:40     Hit : 47432    




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SKorea's said on 16th it will extend its special travel advisory again for all countries [p.2]

Election of presidential candidate Joe Biden would mean stronger alliance with SKorea [p.2]

Government will invest $8.8 bil into SKorea's "smart city" project nationwide by 2025 [p.4]

BTS became first-ever musical act in history to top Billboard's Social 50 chart for 200 weeks in a row [p.5]

SKorea's economy returned to modest growth in third quarter [p.9]

SKorea's consumer sentiment rose by the most in 12 years in Oct [p.9]

Nine major global IBs forecast SKoreas economy to shrink 1.4% this year [p.10]

Samsung Electronics ranked fifth in the world in brand value this year [p.12]


Lee Kun-hee, chairman of Samsung Electronics, died on 25th [p.14]

SK hynix will buy NAND business of Intel Corp in a deal worth KW10.3 tril ($9 bil) [p.14]

Korea Gas to impose new format for supplying liquefied natural gas starting 2022 [p.15]

Posco has partnered with ExxonMobil to expand into the liquefied natural gas industry [p.15]

The bidding for worlds biggest floating solar farm project is set to begin in SKorea [p.16]

Jeju Air has applied for government grant worth KW40 tril ($34.8 bil) [p.16]

SKorea's foreign exchange reserves came to a record $426.5 bil as of end Oct [p.19]

shipyards in Korea saw severe order drought against backdrop of Covid-19 outbreak [p.20]

KSOE saw 35.4% decrease in value of its new orders for first nine months of 2020 [p.21]

DSME has been awarded AIP from LR for 23,000 teu ammonia fueled ULC [p.22]

STX O&S completed development of 7.5K cbm LNGBV with KRISO [p.23]





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