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S. KOREAN SMALL FIRMS EXPECT WEAK BUSINESS ACTIVITY IN NOVEMBER.

AsiaPulse News

| November 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Nov 1 Asia Pulse - South Korean small and mid-sized manufacturers expect their business activity to remain stagnant in November due to weak domestic demand, high oil prices and a stronger won, a survey found Sunday.

The small business health index, a harbinger of business expectations, fell to 83.5 for November from 87.6 for October, according to the poll of 1,500 manufacturing companies.

A reading of below 100 means pessimists outnumber optimists.

The survey, taken by the Small and Medium Business Administration, showed ...

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Source: HighBeam Research, S. KOREAN SMALL FIRMS EXPECT WEAK BUSINESS ACTIVITY IN NOVEMBER.

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