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FTA/Economic Cooperation
Korea, Indonesia Enhance Business Ties
Minister of Knowledge Economy Sukwoo HONG shakes hands with his Indonesian counterpart, Minister of Trade Gita Irawan Wirjawan, on August 10 at the Gwacheon Government Complex. The two officials discussed economic cooperation. date2012-08-17
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Trade/Investment
IT Trade Figures for July
date2012-08-17
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Industry
MKE Releases Car Sales Figures for July
MKE Releases Car Sales Figures for July The Ministry of Knowledge Economy has released its car sales figures for July. Production declined 9.2 percent year on year to 355,627 vehicles, most likely the result of fewer working days and strikes at major automobile manufacturers. Even strong sales of imported cars and the introduction of new models could not counter the influence of weak consumer sentiment, which drove domestic sales down 2.9 percent. Sales of imported cars maintained solid growth, date2012-08-17
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Trade/Investment
Trade Figures for July
date2012-08-03
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FTA/Economic Cooperation
Minister Dresses Down With Ambassadors in Korea
Minister Dresses Down With Ambassadors in Korea Minister of Knowledge Economy Sukwoo HONG and a group of ambassadors to Korea pose in light clothes on July 17 as part of a campaign to reduce the need for air conditioning during the summer season. The Minister and the ambassadors discussed various energy conservation and low-carbon, green growth initiatives in addition to the government’s “cool biz” campaign. date2012-07-20
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FTA/Economic Cooperation
Korea, Malaysia Strengthen Industrial Cooperation
Korea, Malaysia Strengthen Industrial Cooperation Minister of Knowledge Economy Sukwoo HONG and his Malaysian counterpart, Minister of International Trade and Industry Dato Sri Mustapa bin Mohamed, shake hands after signing a memorandum of understanding on July 16. The deal will enhance industrial cooperation between the two countries date2012-07-19
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Industry
Retail Sales Figures for June
date2012-07-19
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FTA/Economic Cooperation
Korea, Indonesia Discuss Trade and Investment
Korea, Indonesia Discuss Trade and Investment Vice Minister for Trade and Energy Cho Seok greets Mr. Chatib Basri, Chairman of the Indonesia Investment Coordinating Board, on July 4 at the Gwacheon Government Complex. Their discussion focused on economic, trade and investment ties between the two countries. date2012-07-16
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Industry
MKE Releases Car Sales Figures for First Half of 2012
MKE Releases Car Sales Figures for First Half of 2012 The Ministry of Knowledge Economy has released its car sales figures for the first half of 2012. The nation’s car production figures rose 3.4 percent to 2,380,782 vehicles. Even amid global economic uncertainties, exports gained 10.4 percent to 1,700,364 vehicles. While outbound shipments to the United States and the European Union recorded a sharp increase, exports to the Latin American market contracted slightly. Meanwhile, high oil date2012-07-16
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Trade/Investment
IT Trade Figures for First Half of 2012
date2012-07-12