Since confirming its first domestic case of COVID-19 infection on Jan. 20 in South Korea, the COVID-19 outbreak has battered the nation’s exports and depressed local consumption. The pandemic has brought the global economy to a… more
South Korea has experienced one of the worst scenarios outside China at the onset of the outbreak. Still, thanks to the strong leadership, extensive quarantine measures, fast testing capability and elaborate contact tracing, the country… more
South Korea’s gross domestic product expanded only 2.01% year-on-year in 2019, mostly weighed down by the US-China trade dispute and Japan’s export restrictions. This was the slowest year-on-year growth since 2009, when the economy… more
South Korea’s GDP expanded an estimated 1.1% in the second quarter of 2019 after marking 0.4% growth in the previous quarter, which is attributed mainly to increased government spending. The South Korean economy grew 2.1% in the… more
Industry-Academic Cooperation Foundation (IACF) operated by Dankook University and Canada Wood Korea (CWK) signed an MOU to agree to advance the business opportunities for wood frame construction by enhancing technical exchange and talent… more
