Korea’s current account swung back to black in May on the back of surging chip exports, logging the largest surplus in 32 months.
Korea recorded its biggest deficit in tourism in five years as more Koreans traveled abroad than the number of visiting foreigners, who brought with them changed spending habits.
April logged $56.2 billion in outbound shipments as Korea posted its 11th straight month of trade surplus.
Korea logged a current account surplus for the ninth straight month in January on the back of a continued trade surplus driven by the recovery of chip and car exports, central bank data showed Friday.
The government should be prepared for all scenarios and start to do what it can do now.
Governor Kim Jin-tae hopes that the move will boost the self-governing state's appeal.
Korea's 52-hour workweek has led to a decline in overtime work, according to a new study from the Korea Enterprises Foundation.
Korea's exports increased for the second consecutive month in November, fueled by a surge in semiconductor demand, data showed Friday.
Glass ceilings are a reality for many working women, said a group of top female entrepreneurs, diplomats and academics from Canada and Korea in Seoul on Thursday…
China has surpassed Germany as the top EV exporter to Korea. Chinese-made Teslas and electric buses have contributed to the increase in sales.
Korea JoongAng Daily Sitemap