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Industry
Retail Sales Figures for May
date2012-06-20
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Energy
Minister Visits Jeju Smart Grid Test Bed
Minister of Knowledge Economy Sukwoo HONG listens to a guide speak at the Jeju Smart Grid Test Bed PR Center on June 2. The center’s purpose is to promote Korea’s smart grid industry both in Korea and internationally. The Minister also test-drove an electric vehicle and used a charging station. date2012-06-13
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Industry
Minister Attends Global Green Hub Korea 2012
Minister Attends Global Green Hub Korea 2012 Minister of Knowledge Economy Sukwoo HONG (second from left) looks at an item on display at Global Green Hub Korea 2012 on June 4 in Seoul. The event, which showcased new products that use green technology, drew about 300 participants. date2012-06-13
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Industry
Vice Minister Speaks at Global R&D Forum
date2012-06-13
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Industry
MKE Releases Car Sales Figures for May
MKE Releases Car Sales Figures for May The Ministry of Knowledge Economy has released its car sales figures for May. Thanks to an upswing in exports and improved domestic demand, Korea’s car production figures rose 3.8 percent year on year to 403,593 vehicles. Outbound shipments gained 3.0 percent on the back of stronger demand from the United States. However, growing uncertainties in the global economy slowed this growth. While exports to the North American market maintained positive gr date2012-06-13
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Trade/Investment
IT Trade Figures for May
While exports to advanced economies such as the United States and Japan declined, outbound shipments to other Asian partners—including China and the ASEAN countries—increased. Notably, exports to the European Union returned to the black for the first time in 19 months thanks to stronger display panel exports. date2012-06-11
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FTA/Economic Cooperation
Korea, Qatar Cooperate on Energy and Industry
date2012-06-08
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FTA/Economic Cooperation
Korea, Brazil Discuss Industrial Cooperation
Korea, Brazil Discuss Industrial Cooperation Minister of Knowledge Economy Sukwoo HONG meets with his Brazilian counterpart—Minister of Development, Industry and Foreign Trade Fernando da Mata Pimentel—on June 1 in the Gwacheon Government Complex. The discussion focused on industrial cooperation between the two countries. date2012-06-08
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FTA/Economic Cooperation
Korea, China Forge Closer Industrial, Investment and Trade Ties
Korea, China Forge Closer Industrial, Investment and Trade Ties Minister of Knowledge Economy Sukwoo HONG travelled to Beijing on May 31 to commemorate the 20th anniversary of the establishment of diplomatic relations between the two countries. During the visit the Minister met with his Chinese counterpart, Minister of Industry and Information Technology Miao Wei, to advance ties in such areas as automobiles, new materials and energy conservation. The meeting also touched on how to best coopera date2012-06-08
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Trade/Investment
Trade Figures for May
date2012-06-01