Economists see BOK raise 2021 growth forecast to some 4 percent SEOUL, May 26 (Yonhap) -- The Bank of Korea (BOK) may raise its 2021 growth forecast to some 4 percent this week as exports showed signs of a strong recovery amid an aggressive fiscal stimulus, economists said Wednesday.   The BOK is widely expected

(LEAD) Exports surge 53.3 pct in first 20 days of May (ATTN: ADDS details throughout)   SEOUL, May 21 (Yonhap) -- South Korea's exports jumped 53.3 percent on-year in the first 20 days of May on the back of robust demand for chips and automobiles, data showed Friday.   The country's outbound shipments stood at

S. Korea's ICT exports up over 30% in April This file photo, taken April 1, 2021, shows ships carrying containers docking at a port in South Korea's southeastern city of Busan. (Yonhap)   South Korea's exports of information and communication technology (ICT) products rose more than 30 percent last month -- the sharpest rise in

Export prices up for 5th month in May This undated file photo shows stacks of import-export cargo containers at South Korea's largest seaport in Busan, 450 kilometers southeast of Seoul. (Yonhap) South Korea's export prices gained in April, marking the fifth straight monthly gain amid a strong recovery in exports, central bank data showed Friday.

KDI sharply ups 2021 growth outlook for S. Korean economy to 3.8 pct By Kim Soo-yeon   SEOUL, May 13 (Yonhap) -- The Korea Development Institute (KDI) on Thursday sharply revised up its growth outlook for the South Korean economy this year, citing robust exports amid a global economic recovery.   The state-run think tank

S-Oil launches ESG committee S-Oil headquarters in Mapo-gu, western Seoul (S-Oil)   S-Oil said Wednesday that it has established an environmental, social and governance committee to step up its sustainability management. “The committee will conduct systematic, integrated management of ESG activities,” a company official said. The committee, which will convene a regular meeting every quarter,

(LEAD) Exports soar 81 pct in first 10 days of May (ATTN: REWRITES lead; UPDATES with more details from 3rd para; ADDS photo) By Kim Soo-yeon   SEOUL, May 11 (Yonhap) -- South Korea's exports soared 81.2 percent on-year in the first 10 days of May as shipments of chips, autos and petroleum goods remained

Hanwha Total completes W530b expansion of Daesan plant Hanwha Total’s petrochemicals plant in Daesan, South Chungcheong Province (Hanwha Total)   Hanwha Total has completed the expansion of its petrochemicals plant in Daesan, South Chungcheong Province, to ramp up the production of polypropylene and ethylene, the company said Wednesday. The 530 billion-won ($472 million) project, which

Refiners set to turnaround in Q1 on rising oil prices, cracking margins S-Oil officials check by-product gas pipelines at its Ulsan plant. (S-Oil) South Korea's oil refining industry is expected to rebound in the first quarter thanks to surging global oil prices and a recovery in refining margins after hemorrhaging from the pandemic-driven slump last