South Korea Business News





South Korea Japan Trade War

July 2019
Last year the Korean court ordered Japan to compensate wartime forced labor victims.
Japan, as a result, imposed new restrictions on exports of three major chemicals crucial to the Korean hi-tech companies.
To South Korea. Koreans are now having a total boycott on all Japanese products and services in Korea.
Japanese cars cannot be fueled in Korea, no service is given to Japanese car repairs, sale of Japanese food including beer is forbidden too.

Korea 0.3% GDP Growth

September 2012
According to a release by OECD published on September 13, 2012 the GDP in Korea grew in the second quarter of 2012 by 0.3% compared to a growth of 0.9% in the first quarter of 2012.



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