Korea's economic indicators are showing clear signs of improvement across the board. This trend, which began first for exports, is spreading toward other economic spheres including production, investment, consumption, and employment.
Market analysts expected this trend to continue for the time being thanks to the easing of uncertainties in and outside Korea.
According to the Ministry of Trade, Industry, and Energy on April 26, the nation's exports grew 14.9 percent in the first quarter year on year, the highest growth since the third quarter of 2011. The nation's exports have continuously registered a positive growth for six straight months starting from November 2016.
The increase in exports led to an improvement in output as well. The nation's industrial output registered a positive month-on-month growth for three consecutive months starting from November 2016. Although it suffered a 0.4-percent decline in February, it was mainly due to the base effect resulting from the outstanding performance in January.
Against this backdrop, consumers started opening their wallets even wider. Retail sales rose 3.2 percent in February compared to a month ago, the first positive growth in four months.
National Pension Service’s (NPS) recent invitation for investment proposals to domestic private equity and venture capital funds, which amounts to 650 billion won ($577 million), has met with a lukewarm response from fund houses, amid concerns about the $500 billion&hellip
Korea Investment Corporation (KIC) Chief Investment Officer Shinwoo Kang will give a keynote speech in a global real estate and infrastructure summit on Oct. 25 in Seoul, where key investment decision-makers of South Korea’s biggest asset owners are set to&hellip
Asia-based investment firm Pacific Alliance Group (PAG) has bought an office building in southern Seoul from a fund led by the Public Officials Benefit Association (POBA) for around 310 billion won ($273 million), at a time when the growing nuclear&hellip