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  Korea Report - July 2020
  Author : Hwang & Co     Date : 20-08-07 11:13     Hit : 555    

 

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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]

SKoreas 9 airlines witnessed intl 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]

SKoreas 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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