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S Korean gov t pledges GDP growth of over 3 5% in 2021News

The South Korean government says it will focus on economic policies to ensure GDP growth of over 3.5 percent this year. In its economic policy report released on Friday, the Finance Ministry cited data from the International Monetary Fund, that forecast South Korea s average GDP growth for the years 2020 to 2021 combined would reach 1.3 percent. This is far above the average for advanced economies, which is forecast at just two-tenths of a percent. The IMF said Korea is expected to see a small v-shaped recovery from the pandemic-hit recession, which is a smaller fluctuation than the big V shaped recovery expected for advanced economies.

South koreaSouth koreanKim jae heeInternational monetary fundFinance ministryKorean new dealதெற்கு கொரியாதெற்கு கொரியன்கிம் ஜே ஹீசர்வதேச பண நிதிநிதி அமைச்சகம்கொரியன் புதியது ஒப்பந்தம்

S Korea s overall industrial output up for second straight month in MarchNews

South Korea s overall industrial production continued its upward trend for the second consecutive month in March, thanks to increased production in the service sector. According to Statistics Korea on Friday, the overall industrial output was up point-8 percent in March, compared to the previous month. Industrial production declined by half-a-percent in January, then rebounded 2.1 percent in February, before increasing for the second time last month. This was mainly due to strong production in the service sector, which offset dwindling production in both mining and manufacturing. Production in the service industry was up 1.2 percent on-month, rising for a second month in a row, and marking the largest gain since June 2020.

South koreaKim jae heeStatistics koreaதெற்கு கொரியாகிம் ஜே ஹீபுள்ளிவிவரங்கள் கொரியா

S Korea s overall industrial output up for second straight month in MarchNews

S Korea s overall industrial output up for second straight month in MarchNews
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South koreaKim jae heeStatistics koreaதெற்கு கொரியாகிம் ஜே ஹீபுள்ளிவிவரங்கள் கொரியா

S Korea reports 735 new COVID-19 cases on Thursday, highest in 105 days

South Korea s daily COVID-19 cases have risen to the highest level in 105 days. The country reported 735 new infections on Thursday, staying above the 700-mark for two days in a row. It s the most cases since January 7th, when the country saw 869 cases. Of the new cases, 715 were local, and 20 were from overseas. Seoul and Gyeonggi-do Province both saw more than 200 cases each, with cluster infections popping up at work places, churches and schools. Two more deaths were reported, bringing the death toll to 1,808. Health authorities are keeping a close watch on COVID-19 variants from overseas. From Thursday, those arriving from South Africa or Tanzania are required to quarantine at state-designated facilities for two weeks.

South koreaSoult ukpyolsiKim jae heeEuropean medicines agencyGyeonggi do provinceSouth africaதெற்கு கொரியாகிம் ஜே ஹீக்யேஓங்க்கி செய் மாகாணம்

U S , Japan reaffirm alliance, present united front on China, N Korea

The two leaders of the U.S. and Japan have reaffirmed their alliance and showed a united front on China and North Korea. After his first face-to-face bilateral White House summit since taking office, U.S. President Joe Biden stressed on Friday the two allies would cooperate to ensure the future of the Indo-Pacific region. We are committed to working together to take on the challenges from China and on issues like the East China Sea, the South China Sea, as well as North Korea, to ensure a future of a free and open Indo-Pacific. A joint statement issued after the summit also reiterated their objections to Beijing s activities in the South China Sea, and highlighted the importance of peace and stability across the Taiwan Strait.

P yongyang siNorth koreaEast china seaJapan generalWhite houseDistrict of columbiaUnited statesSouth koreaSouth china seaBrunei generalKim jae heeYoshihide sugaJoe bidenPrime minister yoshihide sugaJapanese prime ministerKim jong un