Korea’s real gross domestic product increased by 1.8 percent in the first quarter of 2010 compared with the previous quarter, this was a 7.8 percent increase on a year-on-year basis, the highest rate in seven years.
Read More »

Korea aims for 5% growth, cut in emissions In a report to President Lee Myung-bak, the Ministry of Knowledge Economy (sic) yesterday announced a set of policies aimed at achieving the twin goals of 5 percent economic growth in 2010, while at the same time reducing greenhouse gas emissions. “The government will strengthen the...
Read More »

This article in today’s Korea Herald  – outlined the various policies implemented by the Korean government to not only avert recession but also to help the economy achieve one of the fastest and strongest recoveries among OECD members. Here is the summary provided with the story -
Read More »

The Joongang Daily reported Kwon Goo-hoon, Goldman Sachs’ executive director of Asia-Pacific investment research (pictured),  announced at a press conference yesterday  his 2010 economic outlook for Korea, with the following main points:  Korean companies have shifted their focus to emerging markets in Asia and elsewhere, with developing countries now accounting for over 70 percent of  exports, this off-sets the lull...
Read More »