Category: Production

S. Korea, Philippines sign free trade deal

South Korea and the Philippines signed a free trade pact Thursday in a move expected to bolster bilateral economic and industry ties, Seoul’s industry ministry said.

The two nations concluded the bilateral Free Trade Agreement (FTA) in June 2021 aft…

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S. Korea issues FX stabilization bonds worth 70 bln yen

South Korea’s finance ministry said Thursday it has issued yen-denominated foreign exchange stabilization bonds worth 70 billion yen (US$473.5 million).

It marked the first time for South Korea to issue yen-denominated foreign exchange bonds for Jap…

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