HWANG &
COMPANY, LTD.
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KOREA REPORT - JULY, 2020.
TOPICS.
President
Moon and seven world leaders called for equal global access to coronavirus
vaccines [p.2]
IATA
said that air travel will take four years for a full recovery [p.3]
SKorea
executed its third supplementary budget of KW35.1 tril ($29.3 bil) on 6th [p.4]
The
government paid out $916 mil in June in unemployment benefits, up 62.9% on-year
[p.6]
National
commission on 14th set next year's minimum hourly wage at KW8,720 ($7.25) [p.6]
SKorea¡¯s
9 airlines witnessed int¡¯l flight passengers plummet to 328,345, down 97.8%
on-year [p.8]
NK
said on 4th that it would no longer deal with Washington [p.9]
SKorea's
real gross domestic product shrank 2.9% on-year in April-June period [p.10]
SKorea
posted trade surplus of $4.27 bil in July, continuing surplus streak for third
month [p.10]
PERFORMANCE
IN SECOND QUARTER [p.14]
Samsung
has been listed top among 1,000 brands in Asia for ninth consecutive year
[p.14]
GC
Pharma to carry out phase 2 clinical trial of its plasma-derived COVID-19
treatment [p.18]
Google
Korea has paid KW600 bil ($501 mil) in back corporate taxes [p.18]
SKorea's
vehicle sales fell 22% on-year in Jan-June period [p.19]
SKorea¡¯s
foreign exchange reserves reached new record high of $416.53 bil as of end July
[p.21]
EU
Commission has again halted their probe into a merger between HHI and DSME
[p.22]
KSOE
will begin to develop the smart and electric-powered vessel [p.23]
SHI
is set to establish a smart shipyard of digital mode [p.23]
DSME
started to cooperate smart technology field with port of Rotterdam [p.24]
KOGAS
and five companies are joining forces to set up LNG bunkering joint venture
[p.25]
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