The overall composite Business Survey Index for the manufacturing sector in Q3 2020 still remained under the baseline (100). However,for the first time this year, all feeder indices excepting only inventory (100) have considerably improved compared to the previous quarter. Specifically, business...

The overall composite Business Survey Index for the manufacturing sector in Q2 2020 remained under the baseline (100). Moreover, all feeder indices have worsened compared to the previous quarter. Specifically, business conditions (69), sales (68), domestic demand (69), exports (69), ordinary...

The overall composite Business Survey Index for the manufacturing sector in Q4 2019 remained under the baseline (100). However, all feeder indices excepting exports (90) have slightly increased compared to the previous quarter. Financial conditions (83) maintained levels recorded in Q3. BSI...

The overall composite Business Survey Index for the manufacturing sector in Q3 2021 still remained under the baseline (100). Moreover, most feeder indices have decreased compared to the previous quarter. Specifically, sales (93), domestic demand (91), and exports (93) in the manufacturing sector...

The overall composite Business Survey Index for the manufacturing sector in Q2 2021 remained under the baseline (100). However, most feeder indices have increased compared to the previous quarter. Specifically, business conditions (97), sales (100), domestic demand (99), exports (102), ordinary...

R&D is a core element for the transition to an innovative economic system in Korea. This is because R&D can lead technology innovation by applying creative ideas to products and processes and adopting new science technologies.Recognizing the importance of the R&D role, the Korean government not...

The first carrying of the low-intermediate nuclear waste drums into the underground silo located at Yangbuk-myun, Gyeong-ju (South Korea) took place in July 2015. This was the first carriage of nuclear waste into the underground tunnel since Gyeong-ju was selected as the final repository site in...

The KOSBIR program was introduced in 1998 by the Korean government. The year 1998 holds historical importance for SMEs in Korea. First, the Korean economy has faced the foreign exchange crisis from 1997. The strong movement of open economy since the mid-90s has become one of the main...

In Western countries, the monopoly of large companies has been deemed as posing a serious problem. The countries, however, have seldom encountered the friction between big corporations and SMEs. The issue has plagued South Korea throughout its economic advance during the past five decades. South...

Upon Russia’s ratification in October 2004, the Kyoto Protocol came into effect on February 16, 2005, requiring Annex I countries to reduce their greenhouse gases by 5.2% during the first commitment period (2008-2012) from greenhouse gas emission levels in 1990. To help countries achieve this...