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S KOREAN GOV'T TO SUPPORT OS MARKETING IN H1 TO BUOY EXPORTS.
SEOUL, Jan. 1 Asia Pulse - The South Korean government said Thursday it will spend 100 billion won (US$76.3 million) on overseas marketing support efforts until June to help boost South Korean exports.
The amount represents more than 70 per cent of the 140 billion won in state funds earmarked for export marketing support in 2009 and reflects the need to help companies attract more buyers in the face of the current global economic slump, the Ministry of Knowledge Economy said.
Most of the money to be used in the first half will come from the ministry and the state-run Korea Trade-Investment Promotion Agency (KOTRA), with the Small and Medium Business Administration and regional administrations providing additional support.
Seoul said that it wants to ship out $450 billion worth of goods this year, up from around $420 billion in 2008, with the country's trade surplus to hit $10 billion. The target reflects the best possible outcome, with most think tanks and government policymakers predicting zero or negative export ...
- GLOBAL INVESTORS BET ON SOUTH KOREAN SHARES IN 2009.
- News wire article from: AsiaPulse News September 17, 2009 700+ words
...period, according to the KRX. "South Korean stocks tumbled more than other emerging countries last year, but local companies are making a quick turnaround...the FTSE Group, which upgraded South Korean stocks to its developed-market...
- GLOBAL INVESTORS BET ON SOUTH KOREAN SHARES IN 2009: REPORT.
- News wire article from: AsiaPulse News September 16, 2009 700+ words
...period, according to the KRX. "South Korean stocks tumbled more than other emerging countries last year, but local companies are making a quick turnaround...the FTSE Group, which upgraded South Korean stocks to its developed-market...
- SOUTH KOREAN FIRMS TAP INTO SOLAR ENERGY.
- News wire article from: AsiaPulse News October 15, 2007 700+ words
...attracting attention from South Korean companies as they see...lucrative revenue source. Local companies' interest in solar...untapped business. "South Korean companies are looking...Daewoo Securities Co. "Local companies are the world's top...
- SOUTH KOREAN OIL COMPANIES INCREASE PRODUCTION IN VIETNAM.
- News wire article from: AsiaPulse News October 21, 2008 700+ words
...Taking into account the South Korean stake, the amount...can be taken over by local companies will reach around 23...the largest, where a South Korean company holds stake...fields controlled by local companies can edge up 0.4 percentage...
- SOUTH KOREAN PRODUCT SHOW KICKS OFF IN SINGAPORE.
- News wire article from: AsiaPulse News November 19, 2007 700+ words
...scale exhibition of South Korean products began in Singapore...class products made by local companies, organizers for the...boost a "boom" for South Korean-made products, KOTRA said. South Korean President Roh will be...
- SOUTH KOREAN, ASEAN CEOS GATHER TO ADVANCE REGIONAL PROSPERITY.
- News wire article from: AsiaPulse News June 1, 2009 700+ words
...direct talks with South Korean entrepreneurs...participation of local companies in future development...Roughly 200 South Korean and six ASEAN...Last year, South Korean companies exported...4 billion. Local companies have invested...
- HYOSUNG MAKES PRELIMINARY BID TO BUY TWO SOUTH KOREAN FIRMS.
- News wire article from: AsiaPulse News May 14, 2007 700+ words
...May 14 Asia Pulse - Hyosung Corp. (KSE:04800), a South Korean textile manufacturer, said Friday that it had made a preliminary bid to buy a controlling stake in two local companies held by Lone Star Funds. Lone Star, the largest shareholder...
- SOUTH KOREAN MACHINERY INDUSTRY EYES 5% GLOBAL MARKET SHARE.(Industry overview)
- News wire article from: AsiaPulse News November 13, 2009 700+ words
...Industry said at an industry gathering in Seoul that local companies have steadily expanded their presence in foreign...the overall economic slump. Market share for South Korean made products is forecast to reach 3.6 per cent...