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Saturday, November 21, 2009 4:41 AM

MINISTRY OF STRATEGY AND FINANCE

Type: Organization
Name: MINISTRY OF STRATEGY AND FINANCE
First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents
South Korea To Donate US$20 Million To Set Up ADB Carbon Fund
SEOUL, Nov 19 (Bernama) -- South Korea will contribute US$20 million to the Asian Development Bank (ADB) over the next four years, to set up a new fund aimed at reducing carbon dioxide emissions, the Ministry of Strategy and Finance said Thursday.The ... [Bernama - 11/19/2009]
Entities: Carbon, South Korea, Seoul
First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents
OECD - Click to view 360-page
OECD
Korea's Business Outlook Best in OECD
Korea's economic outlook for the end of the year is the brightest among the 30 OECD member states, confidence indices suggest. In a survey of the OECD's business and consumer confidence indices for June, Korea's stood at 101.2 and 103.5, the highest among ... [Digital Chosun - 11/19/2009]
First Reported 11/15/2009 - Updated 11/16/2009 - 2 Documents
Korea: H1N1 could harm economic growth
Via the Korea Herald: Flu may become major drag on growth. Excerpt:The spread of the H1N1 flu is likely to dampen Korea's chances of achieving positive economic growth this year, government officials said yesterday.  Officials at the Ministry of Strategy ... [H5N1 - 11/16/2009]
First Reported 11/16/2009 - Updated 11/16/2009 - 1 Documents (in Market News)
10 Negatives Feared to Derail Recovery
Despite the growing optimism over a V-shaped recovery, the Korean economy faces a bumpy road ahead, with emerging negatives both at home and abroad posing a threat to a long-awaited rebound.Buoyed by a series of upside surprises in key economic data, ... [Korea Times - 11/16/2009]
First Reported 11/16/2009 - Updated 11/16/2009 - 1 Documents
China’s Currency Revaluation Will Be Boon to Korea
Amid growing pressure to have its currency revalued, China is looking positively about allowing the yuan to rise against the dollar, a move that is expected to provide benefits for the Korean economy.In its third quarter monetary policy report, the People's ... [Korea Times - 11/16/2009]
First Reported 11/16/2009 - Updated 11/16/2009 - 1 Documents
Trade surplus likely to shrink next year
Korea's trade surplus is likely to hit a record high this year, but it will quickly shrink by as much as 75 percent next year because of the rising won, oil and commodity prices, government officials said yesterday.A lower level of trade surplus means ... [Korea Herald - 11/16/2009]
First Reported 11/16/2009 - Updated 11/16/2009 - 1 Documents
Trade Surplus Expected to Shrink More Than 50 Percent Next Year
By Jane HanStaff ReporterAfter hitting a record high this year, South Korea's trade surplus is expected to shrink by between 50 and 75 percent next year largely because the global economic recovery is going to make importing key raw materials more co ... [Korea Times - 11/16/2009]
First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents (in Corporate Deals)
COMMITTEE RECOMMENDS WAGE FREEZE FOR SOUTH KOREA'S PUBLIC COS
A public sector steering committee on Monday recommended a set of guidelines for a freeze on wages for all state-run companies and organizations in 2010, the government said Monday.The guidelines affect 97 state-run companies and quasi-governmental bodies, ... [Individual.com - 11/17/2009]
First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents
Forum focuses on exit policy
Experts yesterday debated at a forum in Seoul over which policy -- fiscal or monetary -- should come first when rolling back expansionary measures taken to overcome the unprecedented global financial crisis.Bank of Korea Deputy Governor Kim Jae-chun said ... [Korea Herald - 11/17/2009]
First Reported 11/15/2009 - Updated 11/15/2009 - 1 Documents
G20 workshop due in Seoul
A workshop on how to prepare agendas for the Group of 20 Summit next year will be held in Seoul today, government officials said yesterday.According to officials of the Ministry of Strategy and Finance and the Bank of Korea, 67 working-level officials ... [Korea Herald - 11/15/2009]
First Reported 11/04/2009 - Updated 11/04/2009 - 2 Documents
S Korea to top forex reserves growth
South Korea’s Ministry of Strategy and Finance Wednesday said country is expected to rank top in foreign reserve growth this year, mainly due to its improving trade surplus.Ministry of Strategy and Finance, citing an IMF report said the country's foreign ... [CommodityOnline - 11/04/2009]
First Reported 11/02/2009 - Updated 11/02/2009 - 2 Documents
S KOREAN SPENDING ON LIVING NECESSITIES GROWS FASTEST IN 2-YEARS
South Koreans' spending on basic living necessities grew at the fastest pace in nearly two years in September as a better-than-expected economic recovery encouraged consumers to open wallets, data showed Sunday.According to the data by the Ministry of ... [Individual.com - 11/02/2009]

Quotes

...6 points higher than the OECD average of 96.9. In an analysis of the business trend, the Ministry of Strategy and Finance said, "Expectations of an economic recovery are forming, but the private sector's potential for spontaneous recovery is still inadequate, regardless of the effects of government spending and tax benefits."
Korea's Business Outlook Best in OECD [Digital Chosun - 11/19/2009]
...improve, but imports will go up at the same time amid the economic recovery mood as local companies start increasing purchases for bigger output. "A decline in imports of oil and other key raw materials is quickly easing, which means that the country is spending more money to buy goods from overseas" said an official of the Ministry of Strategy and Finance
Trade Surplus Expected to Shrink More Than 50 Percent Next Year [Korea Times - 11/16/2009]
...1-0.3 percentage point.  "In the worst case scenario, the flu scare might shed the growth rate by 0.1 to 0.3 percentage point. It will damage consumption and the service industry hard" a Finance Ministry official was quoted by Yonhap News as saying...
Korea: H1N1 could harm economic growth [H5N1 - 11/16/2009]

More Content

All (59) | News (58) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (0)
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Korea's Business Outlook Best in OECD [Digital Chosun - 11/19/2009]
South Korea To Donate US$20 Million To Set Up A... [Bernama - 11/19/2009]
Forum focuses on exit policy [Korea Herald - 11/17/2009]
COMMITTEE RECOMMENDS WAGE FREEZE FOR SOUTH KORE... [Individual.com - 11/17/2009]
China’s Currency Revaluation Will Be Boon to Korea [Korea Times - 11/16/2009]
Trade Surplus Expected to Shrink More Than 50 P... [Korea Times - 11/16/2009]
Trade surplus likely to shrink next year [Korea Herald - 11/16/2009]
10 Negatives Feared to Derail Recovery [Korea Times - 11/16/2009]
Flu may become major drag on growth [Korea Herald - 11/15/2009]
G20 workshop due in Seoul [Korea Herald - 11/15/2009]
Korea likely to face slower growth in Q4 [Korea Herald - 11/11/2009]
A dream is worth a million won [Korea Herald - 11/11/2009]
S.Korea to expand economic cooperation with Lat... [Individual.com - 11/09/2009]
S Korea to expand economic co-op with Latin Ame... [Xinhua News Agency - 11/09/2009]
Korea Recovering Fastest Among G20 [Korea Times - 11/09/2009]
Seoul Seeks Poison Pill to Counter Hostile M [Korea Times - 11/09/2009]
S. KOREA TO EXPAND ECONOMIC TIES WITH LATIN AME... [Individual.com - 11/09/2009]
Profit Guarantee Abolished for Private Highways [Korea Times - 11/08/2009]
EconBriefs [thestar.com.my - 11/07/2009]
Abu Dhabi DED Signs a Joint Co-operation Agreem... [Emirates News Agency - 11/06/2009]
South Korea,Abu Dhabi Sovereign Wealth Funds In... [Nasdaq - 11/06/2009]
Experts cautious on Korea's recovery [Korea Herald - 11/05/2009]
Debt [Korea Times - 11/05/2009]
Economic Slump Halves Outbound Investment [Korea Times - 11/04/2009]
S Korea to top forex reserves growth [CommodityOnline - 11/04/2009]
S. Korea's foreign direct investment nearly hal... [Individual.com - 11/04/2009]
S Korea to rank top in foreign reserve growth t... [Xinhua News Agency - 11/04/2009]
S. KOREA'S OVERSEAS INVESTMENT FALLS SHARPLY [Individual.com - 11/04/2009]
Flu Outbreak Batters Local Leisure Industry [Korea Times - 11/03/2009]
Abu Dhabi, S. Korea ink cooperative deal [Kuwait News Agency - 11/03/2009]
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In Focus
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Al Suwaidi, Lee Myung-bak, Lee Seong-tae, [more]
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Korea Investment, Abu Dhabi Investment Authority, Hyundai, [more]
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International Monetary Fund, OECD, Bank of Korea, [more]
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Trade Surplus, Taxes, Forex, [more]
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Seoul, Abu Dhabi, Dubai, [more]
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South Korea, United Arab Emirates, United States, [more]
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Political Meetings, Mergers & Acquisitions, Transportation networks, [more]
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Energy, Food & Tobacco, Real Estate, [more]
Korea Times, Individual.com, Korea Herald, [more]
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Blogs

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Korea: H1N1 could harm economic growth [H5N1 - 11/16/2009]
Via the Korea Herald: Flu may become major drag on growth. Excerpt:The spread of the H1N1 flu is likely to dampen Korea's chances of achieving positive economic ...
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