Home > Report > Korea Report

 
 
 
   
  Korea Report - December 2016
  Author : Hwang & Co     Date : 17-01-07 14:37     Hit : 26410    
   Korea Report - December 2016.pdf (828.7K), Down : 9, 2017-01-07 14:37:09


HWANG & COMPANY, LTD.


T : +82-31-783-6130/1 

F : +82-31-783-6132 

hwangnco@hwangnco.com   

www.hwangnco.com


 

Korea Report - December, 2016.


TOPICS.


In 2016, SKorea struggled with a historic triple whammy (p.2)

2016 domestic top news (p.2)

National Assembly on 9th voted on the bill to impeach President Park (p.3)

Ban Ki-moon, outgoing UN Secretary General, is to run coming presidential election (p.5)

NKorea ranked No 1 in the world for military expenditures in proportion to GDP (p.7)

SKorea is moving to deploy THAAD system and finish installation by May (p.7)

SKorea¡¯s National Assembly passed 2017 budget at $341.4 bil (p.9)

SKorea¡¯s GDP growth forecast for 2017 lowered to 2.6% from previous 3% (p.10)

FDI pledged to SKorea's 8 free economic zones as of 20th stood at $2.42 bil (p.11)

Fate of Federation of Korean Industries is inching towards disbandment (p.12)

US Supreme Court sided with Samsung Electronics in patent dispute with Apple (p.13)

Korea FTC slapped Qualcomm with $850 mil fine (p.14)

HMC and Kia Motors won total of 4 design awards at Good Design Awards (p.14)

Bank of Korea kept its key interest at 1.25% (p.16)

Status of Korean shipbuilding and offshore industry in 2016 (p.17)

Korean government promoted SB projects by drawing up a supplementary budget (p.20)

FSC reaffirmed a need for maintaining DSME¡¯s competitiveness (p.21)

STX creditors are reviewing additional financing and RG issue for NB contracts (p.22)

Creditors of SPP have decided to wait for the time of recovery to resume sale (p.22)

HMM has vowed to take 5% of global market share by 2021 (p.22)

Liquidation of Hanjin Shipping is "more economical¡± rather than rehabilitation (p.23)

KR appointed Lee Jung-Gee as its new chairman (p.24)


 

Happy New Year 2017

Leaving all the depressing turmoil in 2016 behind us,

We hope 2017 would lead all of us to Peace and Love,

in the family and in the society.


-------------------------------------------------------------------------------------------------------


ATTACHMENT: Korea Report - December 2016 (PDF FILE)

Please let us know if you have difficulty opening the file.