Author: Joel Lee
S. Korean economy up 0.5 pct in Q2: BOK
By Joel Lee South Korea’s economy expanded a seasonally adjusted 0.5 percent in the second quarter (Q2) from the first (Q1), supported by manufacturing growth, revised data by the Bank […]
S. Korean conglomerates boost R&D spending, cut facility
By Joel Lee South Korea’s top conglomerates boosted spending on research and development (R&D) as a future growth strategy, while trimming down on capital investments in first half characterized by […]
S. Korea imports more European oil after EU-Korea FTA
By Joel Lee The amount of European crude oil shipments to South Korea has swelled over the last five years after the EU-Korea Free Trade Agreement (FTA), diversifying the channel […]
S. Korea dominates Vietnam’s foreign investment in Q2
By Joel Lee South Korea topped the FDI in Vietnam in first (Q1) and second (Q2) quarter of this year, with the number of relocating firms soaring in recent months, […]
Samsung Heavy and Engineering to merge in succession move for new Lee heirs
By Joel Lee South Korean conglomerate Samsung Heavy Industries announced its plan on Monday to absorb Samsung Engineering in a $2.5 billion merger and acquisition process to be completed […]