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  Korea Report - November 2014
  Author : Hwang & Co     Date : 14-12-08 15:09     Hit : 31718    
   Korea Report - November 2014.pdf (364.6K), Down : 4, 2014-12-08 15:13:05
 

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Korea Report - November, 2014.

 

Topics.

 

©÷  President Park toured China, Myanmar and Australia from Nov 9-to-17, whilst attending summits-- APEC, ASEAN, East Asia summit and the G20 summit.

©÷  SKorea signed a historical bilateral FTA with China.

©÷  Korea had signed 12 FTAs with its key trade partners, covering almost 73% of the world¡¯s markets.

©÷  Ministers of SKorea and China discussed concrete plans to reduce fine dust emissions from China.

©÷  SKorea plans to send its first batch of 10 medical personnel to Ebola-hit Sierra Leone in Dec.

©÷  SKorea will become an aged society by 2017, becoming a so-called super-aged society in 2026.

©÷  The UN urges the Security Council to refer NK¡¯s harsh human rights situation to ICC.

©÷  Korea¡¯s national budget for 2015 was provisionally set at KW375.5 tril for 2015.

©÷  The nation¡¯s economy is likely to grow 3.7% for the year.

©÷  Moody¡¯s Investors retained its sovereign credit rating on SKorea at ¡®Aa3¡¯ (¡®stable¡¯).

©÷  SKorea's total trade volume will reach $1.1 tril this year with exports growing 2% on-year to $570 bil.

©÷  SEC¡¯s market share in the IT mobile sector dipped 1% point to 23.9% from July-to-Sept.

©÷  The share of SEC and SK Hynix in the global DRAM market reached 69.7% in the third quarter.

©÷  The Korean government ordered Asiana Airlines to suspend its services to SF for 45 days.

©÷  Hanwha bought in Samsung Techwin and Samsung Thales at KW2 tril ($1.8 bil).

©÷  Car output in SKorea is expected to rise slightly to 4.51 mil units in 2015.

©÷  Import car sales are likely to near 195,000 units at end-2014, taking 14% of all new car sales in Korea.

©÷  Launch of the Shanghai-Hong Kong stock connect had little impact on the Korean bourse.

©÷  KWon continues to slide following JYen weakening.

©÷  Global NB order intakes aggregate to 1,498 vessels (94.80 mil dwt, 32.90 mil cgt, $83.2 bil) upto Oct.

©÷  Korea secured over 80% of 52 VLGCs vessels newly ordered worldwide in this year.

©÷  KIET forecast SKorea¡¯s shipbuilding and semiconductor industries will lead SKorea's economy in 2015.

©÷  Unionized workers at HHI staged the first partial strike for the first time since 1994.

©÷  SHI¡¯s planned merger with Samsung Engineering fell through due to the high buyback costs.

©÷  Pan Ocean will be put up for auction in Dec at between KW800 bil and KW1 tril ($757 mil to $946 mil).

©÷  Hyundai Glovis took over Adampol, a Polish car transport logistics firm, at EU70 mil ($87.6 mil).

 

 

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