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Korea Report - January, 2017.

TOPICS.

Constitutional Court started to review President Park‘s impeachment (p.2)

US President Trump reaffirmed the country’s commitment to its ties with SKorea (p.3)

Bird flu virus wiped out 28 mil chickens and ducks at 606 farms across the country (p.4)

China instituted a ban Korean entertainment in connection with THAADS (p.5)

NK aims to complete its ICBM capable of hitting USA by the end of this year (p.7)

A total of 1,414 NKoreans escaped to SKorea last year (p.8)

SKorea plans to invest KW98.2 bil ($82.76 mil) for new biopharmaceutical products (p.10)

SKorea's conglomerates have suffered a setback in their profitability in 2016 (p.11)

Performance of major conglomerates in fourth quarter in 2016 (p.11)

SEC set a shipment goal of 60 mil this year for its Galaxy S8 smartphone (p.12)

Seoul court sentenced CEO of Reckitt Benckiser to 7 years for toxic humidifier disinfectants (p.14)

KWon strengthened to 1,160 against USDollar (p.16)

HHI has set a lower order target this year marking the first time in a decade (p.18)

Seoul Central District Court chose Fincantieri as preferred bidder for STX France (p.21)

HMM signed a MOU to form ‘HMM + K2’ consortium with Sinokor and Heung-A (p.22)

"Korea Ships & Oceans" established to help improving nation's shipping companies (p.22)

SM Shipping completed acquisition of Asia-North America route of Hanjin Shipping (p.23)

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