Iraq Bulletin

Tag : South Korea

Business

South Korea auto exports reach $6.24 billion in July

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Eco-friendly vehicles provided the strongest lift to South Korea’s auto exports during the month. Their export value increased 25.5% from a year earlier to US$2.59 billion. Electric and hydrogen vehicle exports rose 31.9% to US$940 million. Hybrid exports advanced 22.2% to US$1.65 billion. By contrast, exports of internal combustion engine vehicles fell 3.1% to US$3.65 billion. Eco-friendly models accounted for...
Business

South Korea heat wave drives fresh food prices higher

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Fresh vegetable prices have surged in South Korea as prolonged extreme heat reduced shipments and damaged farm output nationwide. Korea Agro-Fisheries & Food Trade Corp. data showed spinach at 1,978 won per 100 grams on Aug. 7, up 152.3% from a month earlier. Ten cucumbers cost 8,313 won, an increase of 54.8%. Blue lettuce rose 41.7%, while a zucchini climbed...
Travel

South Korea tourism surplus reaches post-pandemic high

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South Korea recorded a $596.6 million tourism surplus in June 2026, its strongest monthly result since the COVID-19 pandemic. The figure marked a $1.44 billion improvement from June 2025, when the balance showed an $846.8 million deficit. Korea Tourism Organization data show June produced the second-highest monthly tourism surplus on record. Only October 2008 was higher, with a surplus of...
Technology

Samsung sets 2029 start for first Yongin semiconductor plant

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SEOUL, SOUTH KOREA / RankWire.AI / – Samsung Electronics plans to start operations at its first chip plant in Yongin in 2029. The revised target brings the opening forward by one to two years from the earlier 2030 to 2031 schedule. The facility will anchor Samsung’s planned national semiconductor complex......
Business

South Korea exports reach record US$102.25 billion in June

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SEOUL, SOUTH KOREA / MENA Newswire / – South Korea’s exports topped US$100 billion in a single month for the first time in June, setting a national record as semiconductor shipments nearly tripled. The Ministry of Trade, Industry and Resources said exports rose 70.9% from a year earlier to US$102.25......
Sports

South Korea tops Czechia 2-1 in FIFA World Cup Group A

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ZAPOPAN, MEXICO / Content Syndication Services / – South Korea opened its FIFA World Cup Group A campaign with a 2-1 comeback win over the Czech Republic at Guadalajara Stadium. Hwang In-beom scored the equalizer and set up the winner as Korea Republic recovered from a second-half deficit on Thursday night. The match stayed......
Business

Korean cosmetics exports hit US$5.6 billion in five months

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SEOUL, SOUTH KOREA / MENA Newswire / — South Korea’s cosmetics exports reached US$5.6 billion in the first five months of 2026, government data showed, rising from US$4.6 billion a year earlier. The increase put Korean cosmetics at the top of the country’s major consumer goods export categories. The Ministry of......
Technology

South Korea launches $665.5 million industrial growth fund

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South Korea US$665.5 million Industrial Growth Fund expands financing for manufacturing AI, R&D commercialization and regional industry growth....
Business

South Korea ICT exports hit $42.7 billion in April

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South Korea ICT exports climbed to $42.7 billion in April as semiconductor demand drove a record annual gain and a wider trade surplus....
Business

South Korea ICT exports hit $42.7 billion in April

iraqbulletin.co
South Korea ICT exports climbed to $42.7 billion in April as semiconductor demand drove a record annual gain and a wider trade surplus....