Tag: covid-19 recovery

covid-19 recovery

Latest News

Hyundai Department Store’s culture center at its branch in Yeouido, western Seoul [HYUNDAI DEPARTMENT STORE]

Retailers up the number of classes as life returns to normal

Department stores and other large retailers are increasing the number of classes and lectures being offered from December as life in Korea is set to return to normal.

2021.11.1

President Moon Jae-in takes part in the 22nd Korea-Asean summit over video conference from the Blue House in central Seoul Tuesday. [JOINT PRESS CORPS]

Korea to provide another $5M to Asean Response Fund for Covid-19

Korea will provide an additional $5 million to the Asean Response Fund for Covid-19 to speed along vaccination and strengthen the global supply chain to contribute to Southeast Asia's economic recovery, said President Moon Jae-in Tuesday.

2021.10.26

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Hyundai Motor vehicles for export waits at a dock in Ulsan on May 1. [NEWS1]

Recovery shows in power consumption, factory rates

A gradual but steady increase in power consumption is the latest indication of economic recovery, along with healthy indicators in manufacturing, making President Moon Jae-in's goal of 4-percent growth for 2021 more possible.

2021.5.19

Those applying for jobs at the Daegu Metropolitan Transit Corporation taking an exam at a convention center in Daegu while social dsitancing on May 2. Number of jobs in April saw the biggest increase in six years. [YONHAP]

Total employment rises the most in 6 years

The number of people working in Korea was up 652,000 last month on year, according to Statistics Korea. It was the second consecutive month of on-year gains and took the total number of people employed to 27.2 million.

2021.5.12

Cargo to be exported overseas being loaded on a dock in Busan on March 2. Growing expectations of a global recovery has helped improve Korea's current account balance. [YONHAP]

Current account in surplus for ninth consecutive month

Korea logged a $7.06 billion current account surplus in January, the ninth consecutive positive monthly reading. The latest surplus was largely driven by strong exports, especially of automobiles and semiconductors.

2021.3.9

Philippe Lefort, ambassador of France to Korea, speaks about the France Relance Plan during a press conference at the French Embassy in central Seoul on Tuesday. [PARK SANG-MOON]

France hopes for Korean partners in green investments

French companies have it in their DNA to be green and may be the best partners for Korean companies looking to chart new paths, said Na Kyung-soo, president of SK Global Chemical, at a press conference at the French Embassy in Seoul on Tuesday...

2020.10.6

Tag: covid-19 recovery

covid-19 recovery

Latest News

Retailers up the number of classes as life returns to normal

Korea to provide another $5M to Asean Response Fund for Covid-19

Most popular

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Recovery shows in power consumption, factory rates

Total employment rises the most in 6 years

Current account in surplus for ninth consecutive month

France hopes for Korean partners in green investments