South Korea\'s business sentiment remained weak in October as local firms were still worried about global economic uncertainties amid fragile domestic demand, the central bank said Monday. The monthly business survey index (BSI), which gauges local manufacturers\' assessment of current business conditions, edged up one point on-month to reach 82 in October, according to the Bank of Korea (BOK). A reading below 100 means pessimists outnumber optimists. The assessment on future business conditions worsened. The BSI for November, measuring manufacturers\' outlook on business conditions for the upcoming month, came in at 82, down 4 points from a month earlier. Meanwhile, the BSI for non-manufacturers rose 2 points on-month to 84 in October, but the index for November fell 2 points to 84. The index is based on a nationwide survey of 1,589 manufacturers and 891 non-manufacturers, conducted between Oct. 17 and 24. Manufacturers picked fragile domestic demand, foreign exchange volatilities and economic uncertainties as their difficulties in doing business, while non-manufacturers regarded weak domestic demand, fierce competition and economic uncertainties as their hardship.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new highMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor