Tag - global economy

BOK chief to attend BIS general assembly

[THE INVESTOR] The head of South Korea‘s central bank will visit Basel, Switzerland this week for the annual general assembly of the Bank for International Settlements, the Bank of Korea said on June 22. BOK Gov. Lee Ju-yeol will depart on June 23 to attend the 86th BIS General Assembly to be held over the weekend. While in Basel, the South Korean top central banker will also attend the BIS Global Economy Meeting and the Meeting of the Asian Consultative Council [...]


Park vows to boost economic momentum via R&D

President Park Geun-hye has pledged that the Korean government would make the utmost efforts to keep the nation’s economy strong by beefing up research and development in the information and communications technology and biotechnology sectors. “The government’s creative economy based on development of science technology and ICT is the one-and-only economic growth engine as well as a stepping stone for the nation’s economy to take the next big leap forward,” President Park said in a speech at the state-run Korea [...]


Korea, China hold high-level economic talks

Korea and China held their high-level economic talks Wednesday as they seek to capitalize on their free trade agreement (FTA) that took effect last year, a key framework to boost bilateral economic cooperation. Second Vice Foreign Minister Cho Tae-yul and Chinese Vice Commerce Minister Gao Yan led the joint economic committee session to discuss the implementation of the bilateral open trade pact and recent trends in the global economy and the economies of the two countries. In their opening remarks, the [...]