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[12-06-2012 16:28]: Korea, South
Foreign banks expect bank of Korea to cut key rate
Some foreign investment banks (IBs) have forecast South Korea's central bank will lower its key interest rate in the near future to help stimulate growth, a report showed Tuesday. Read
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[25-05-2012 14:49]: Korea, South
South Korean company to build a new town near Baghdad
South Korean conglomerate, Hanwha Group, says it will sign a USD 8 billion contract with Iraq to build a new town near Baghdad. Read
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[26-04-2012 10:54]: Korea, South
Italian kiwi exports allowed in South Korea
"The opening of South Korean borders for the Italian kiwifruit is a major step forward for our agricultural exports. It was a long and complex process that has allowed our entry in a booming market”, the Minister of Agriculture commented. Read
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[25-04-2012 15:25]: Korea, South
S. Korea's budget to focus on welfare, job creation in 2013
South Korea's budget for 2013 will focus heavily on welfare, job creation and education-related spending to meet growing demands for social security and achieve sustainable growth, the government said Tuesday. Read
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[16-04-2012 15:37]: Korea, South
Seoul, Beijing, Tokyo agree to share information on food security
South Korea, China and Japan agreed Sunday to share information on food security and to enhance their trade of agricultural products.
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[30-03-2012 14:43]: Korea, South
Indonesia, S. Korea to increase trade to US$50 billion by 2015
Indonesia and South Korea have agreed to increase trade between the two countries to US$50 billion by 2015.
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[27-03-2012 14:56]: Korea, South
S.Korea & Turkey reach free trade deal
South Korea has signed a Preliminary Free Trade Agreement (FTA) with Turkey that will eliminate all tariffs imposed on goods traded between the two countries, the Economy ministry said.
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[26-03-2012 15:25]: Korea, South
South Korean companies invited to invest in Turkey, FTA framework signed
Turkey’s Prime Minister Recep Tayyip Erdogan has called on South Korean companies to invest in Turkey. Visiting South Korea’s capital Seoul for an international nuclear security conference, Prime Minister Erdogan met with the executives of South Korea’s top companies in a meeting organized by Turkey Read
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[22-03-2012 10:54]: Korea, South
Korea-US FTA to boost fruit exports
The long-awaited free trade agreement between South Korea and the US took effect last week, paving the way for a rise in US fruit exports. Read
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[15-03-2012 11:22]: Korea, South
South Korea: economic downturn hurts consumer goods makers- poll
South Korea's economic slowdown and a general drop in demand has put a dent in roughly half of all consumer product manufacturers in the country, a poll showed Wednesday. Read
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[13-02-2012 14:42]: Korea, South
South Korea: imported car registration tops 600,000
The number of imported vehicles that were registered in South Korea surpassed the 600,000 mark for the first time last month as demand grows among local consumers for cars manufactured by overseas automakers, data showed Sunday. Read
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[30-01-2012 14:06]: Korea, South
S. Korean public sector's debt nears 800 tln won
The debt held by the South Korean public sector rose to nearly 800 trillion won in the third quarter last year, data showed Sunday, dealing another blow to a country which is grappling with high household debt. Read
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[24-01-2012 10:52]: Korea, South
Korea to provide US$200mln to support development projects in Peru
The government of the Republic of Korea aims to provide Peru with some 200 million dollars to support the execution of development projects, reported the National Center for Strategic Planning (Ceplan). Read
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[10-01-2012 14:57]: Korea, South
S Korea overtakes China as world's top shipbuilder in 2011
South Korea regained its status as the world's leading shipbuilding nation in 2011 by beating its archrival China and securing deals for large, value-added vessels, data showed Tuesday. Read
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[14-12-2011 15:56]: Korea, South
S. Korea to create 71,000 new jobs for youth next year
South Korea plans to create 71,000 new jobs for young job seekers next year in a bid to assist them amid the stagnant employment market, the government said Wednesday. Read
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[30-11-2011 10:27]: Korea, South
South Korea ready to help Ethiopia develop its textile, leather industries
South Korean President Lee Myung-bak says his country is ready to share its best practices and know-how with Ethiopia in a bid to develop the country’s textile and leather industries. Read
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[10-11-2011 16:40]: Korea, South
South Korea's jobless rate falls to 2.9% in October
South Korea's jobless rate fell in October from a month earlier and job creation accelerated at the fastest pace in 17 months, showing signs that long-frozen labor conditions might be thawing, a report showed Wednesday. Read
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[20-10-2011 17:29]: Korea, South
South Korea mulls revision of status of forces agreement with US
South Korea's foreign minister said Thursday that his government would ask the United tates to revise the Status of Forces Agreement between the two countries after two alleged rape cases involving American soldiers set off anti-US protests, Yonhap News Agency reported. Read
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[19-10-2011 16:04]: Korea, South
South Korea: Samsung Electronics ranks 22nd among top global green companies: Newsweek
South Korea's technology giant Samsung Electronics Co. ranked 22nd on a list of the world's top environment-friendly companies released by the U.S. magazine Newsweek on Wednesday.
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[13-10-2011 17:00]: Korea, South
South Korea: ruling party, gov't welcome U.S. approval of FTA
South Korea's ruling party lawmakers and government officials welcomed Thursday the U.S. Congressional approval of a long-pending bilateral free trade pact, vowing to handle the bill within this month over resistance from opposition parties. Read
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[12-10-2011 16:41]: Korea, South
S Korea to ramp up cooperation with Belarus
The Republic of Korea is interested in expanding cooperation with Belarus, Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Belarus Kang Weon Sik told reporters on 12 October following his meeting with the top officials of Gomel Oblast, BelTA has learnt. Read
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[10-10-2011 17:07]: Korea, South
South Korea rice output to fall to 31-year low
South Korea's rice production is expected to fall to the lowest level in 31 years due to bad weather conditions and a steady decrease in the size of rice paddies, a government report showed Monday. Read
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[04-10-2011 11:04]: Korea, South
Customs Union to foster Korea-Belarus relations
The Customs Union will give an additional impetus to the Belarusian-Korean cooperation, Ambassador Extraordinary and Plenipotentiary of Korea to Belarus Kang Weon Sik stated at the event dedicated to Korea’s national holiday, National Foundation Day, on 3 October. Read
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[27-09-2011 15:21]: Korea, South
S Korean Gov't axes 2012 budget for presidential
The planned introduction of a presidential jet will likely be delayed again, as it has been excluded from the government's 2012 spending plan, the defence ministry said Tuesday, while announcing a 5.6 percent hike in next year's defence expenditure. Read
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[23-09-2011 15:41]: Korea, South
S. Korea to step up monitoring of foreign currency liquidity
South Korea's financial watchdog said Friday it plans to beef up monitoring of foreign currency liquidity conditions and capital flows amid escalating market volatility stemming from lingering economic uncertainties in Europe and the United States.
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[19-09-2011 12:42]: Korea, South
South Korea: Choi Joong-Kyung to take responsibility for nationwide blackouts
Knowledge Economy Minister Choi Joong-Kyung on Sunday said he will take full responsibility over the recent nationwide blackouts that inconvenienced many businesses and private citizens.
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[16-09-2011 16:03]: Korea, South
South Korean companies will develop new oilfields in Colombia
South Korean companies will develop new oilfields in Colombia as part of projects seeking to increase crude exports to Asian markets. Read
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[25-08-2011 16:32]: Korea, South
Seoul to take steps to boost it exports
South Korea will take special measures to boost the country's exports of information technology (IT) products as global financial woes sparked by a downgrade of the U.S. credit rating are expected to significantly cut global demand, the government said on Thursday. Read
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[19-08-2011 16:26]: Korea, South
South Korean corps investing heavily in Lat Am markets & resources
South Korea’s leading businesses are making their forays into Latin America which has emerged as a favoured destination among global investors for its growing economy, ample natural resources and robust domestic demand. Read
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[17-08-2011 16:47]: Korea, South
S.Korea: conglomerates' economic concentration hits record high in 2010
Economic concentration by South Korea's top 10 conglomerates reached a record high level last year, fueling concerns of big businesses expanding their control over the national economy, a report showed Wednesday. Read
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