Yoon Suk-yeol of the conservative People Power Party was elected as South Korea’s new president on March 9 in a closely contested presidential race....
APAC | China’s slowdown impacts APAC trade in varied ways
Posted by Norihiro Yamaguchi on Oct 29, 2021
China's growth slowdown will dampen economic activity across the APAC region. But the full extent of the impact will be determined by each country’s...
South Korea | Reopening will spur consumption and the recovery
Posted by Lloyd Chan on Oct 19, 2021
South Korea’s economy continues to recover despite the surge in Covid cases due to the Delta variant, and should enter 2022 on a firm economic...
South Korea | Rising trade momentum bodes well for growth
Posted by Lloyd Chan on Aug 25, 2021
South Korea’s trade has remained resilient despite rising global Covid cases, with export and import momentum gaining further traction. We expect...
APAC | To what extent can domestic travel support the tourism recovery in APAC?
Posted by Michael Shoory on Aug 23, 2021
Domestic travel is the key factor that will support the near-term tourism recovery in Asia-Pacific (APAC). While international travel in the region...
APAC | Why scars from the pandemic will vary across the region
Posted by Sian Fenner on Jul 27, 2021
Following record declines in 2020, we forecast strong 6.1% pa APAC GDP growth over the next two years. Nonetheless, the permanent loss in output from...
South Korea | After a weak Q1, the won should post modest gains
Posted by Lloyd Chan on Apr 23, 2021
While we expect broad US dollar strength in the rest of 2021, we still seemodest gains in the Korean won (KRW) from current levels. This will come...