The Korean economy is likely to expand 3.2 percent on-year in 2022 on the back of a recovery in private consumption and brisk exports, a local think tank said Wednesday.
Korea's outbound shipments of ICT products edged up 0.3 percent on year in August, data showed Tuesday, as exports of memory chips, computers and peripherals remained robust amid the coronavirus pandemic.
The IMF is predicting a 1.2 percent contraction in the Korean economy this year, the first negative growth since the 1997 Asian currency crisis that forced the country to seek an international bailout. That downgrading of Korean growth was its...
Korea JoongAng Daily Sitemap