Korean firms flock to ‘Asia’s last frontier’ Myanmar
Posco, Woori, Shinhan, Eximbank among entities seeing wider business opportunities. In line with President Moon Jae-in’s tour of Southeast Asia this week, South Korean business…
Thailand fares badly in business digitalisation: UNCTAD
Singapore and South Korea tops the charts. Singapore and South Korea top the charts when it comes to companies receiving orders online, the Digital Economy Report 2019 released by…
Nepal feels the heat of the cooling Indian economy
While there is a legitimate fear of the slowing growth having trickle-down effects, Nepal may benefit in the short term. The Indian economy may be nearing a recession if the…
S. Korea, Myanmar to hold summit on economic ties
Summit is part of South Korea’s Southeast Asia outreach program. South Korean President Moon Jae-in will head to Myanmar on Tuesday in a bid to pave the way for closer…
China files case at WTO against US tariffs: MOC
Both countries enacted new tariffs at the start of September. China on Monday announced that it had filed a case at the World Trade Organization (WTO) against the United States…
Removal of Japan from whitelist to take effect this month
Impact of Japan’s export curbs on South Korea limited so far. South Korea is on track toward excluding Japan from its export control whitelist this month, in a tit-for-tat…
Moon reverts to hard line as Japan rejects dialogue
The diplomatic and economic spat between the two countries looks far from over. President Moon Jae-in on Thursday renewed his criticism of the Japanese government, calling on…
Seoul expresses deep regret over exclusion from Japan’s whitelist
The two countries have been at odds over trade for months. South Korea on Wednesday expressed deep regret over Japan’s removal of the country from its whitelist of trusted…
Japan urges private sector investment in Africa amid rivalry with China for influence
Japan is hosting an African summit to discuss development and investment. Prime Minister Shinzo Abe on Wednesday (Aug 28) again vowed to boost private investment in Africa to spur…
Trade concerns push S. Korea’s consumer sentiment to 31-month low
Global trade war and Japan spat has been devastating for Korean economy. South Korea’s consumer sentiment came to 92.5 in August, the lowest indicator readout since January…