Business-in-Asia.com banner
KOREA
> Korea Homepage
> Key Information
> First Contacts
> Data and Research
> Insight Korea
> Plan Your Trip to Korea
> Search our Site
> About our Company
> Frequently Asked Questions

Korea
Slightly larger than Indiana, South Korea lies below the 38th parallel on the Korean peninsula, bordering the East Sea and theYellow Sea. It is mountainous in the east; in the west and the south there are many harbors on the mainland and offshore islands.
South Korea is one of the most dynamic economies in Asia.  After being hard hit in the Asian Financial crises, business is once again growing.  South Korea occupies the southern portion of the Korean peninsula.  The country is predominantly hilly and mountainous with forests and woodlands occupying nearly two thirds of land use.  Seoul is the capital city.  Other major cities include Pusan, Kwangiu and Taegu.

Climate
Korea has four distinct seasons. There are monsoon, hot and wet in the summer.  The weather is very cold there in the weinter, especailly from Novermber to March.   

The best itme to visit Korea is in the fall, which is September to November.  It is beautiful in the summer in Korea with sunshine days.

Current weather:
 Korea (CNN) | Seoul | Kyongju | Pusan | Taegu



Other Sources for Useful Information about Hong Kong:

Business Guideline
Insight Korea
First Contacts
Research on Korea
Plan Your trip to Korea

CIA Factbook (Korea)
World Bank Country Reports (pdf)
World Bank Korea at a Glance




  Key Information

General Information
Full country name: Republic of Korea
Area: 99,373 sq km
Population: 48 million
Capital City: Seoul
Government: republic
Head of State: President Roh Moo-hyun
Head of Government: Prime Minister Lee Hae-chan

GDP: US$475 billion
GDP per capita: US$19,600
Annual Growth: 2%
Inflation: 4%

Language: Korean
Religion: 25% Christianity, 25% Buddhism, Confucianism, Shamanism, 50%


Time of Day: Click here

Telephone:
Country Code: 82
Seoul city code: 2

Current exchange:
Current exchange rate: Click here

Information on Airports in Korea, click here

Natural Resources
Natural resources in Korea include coal, tungsten, graphite, molybdenum, lead and hydropower potential.
Major industries include electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear and food processing.  The main agricultural products are  rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs and fish.

 Major Exports and Imports

Major Industries: Shipbuilding, cars, machinery, electronics, chemicals, textiles

Major Trading Partners:
USA, Japan, China

 
Major exports: 
electronic products, machinery and equipment, motor vehicles, steel, ships; textiles, clothing,footwear and fish.

Major imports:
machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals and grains.

The US, Japan and China are Korea's major import and export partners.

Business and Social Etiquette

Making Contacts
Business Meetings
Business Hours
Corporate Structure
Negotiation
Major Holidays

January 1 & 2:  New Years Holiday
February 5:  Lunar New Year
March 1:  Independence Movement Day
April 5:  Arbor Day
May 5:  Children's Day
May 14:  Buddha's Birthday
June 6:  Memorial Day (Hyun Choong II)
July 17:  Constitution Day (Je Hun Jul)
August 15:  Independence Day (Kwang Bok Jul)
September 24 & 25:  Korean Thanksgiving (Chusok) Day
October 3:  National Foundation Day (Kae Chun Jul)
December 25:  Christmas Day

Note:  All holidays are annually fixed calendar days with the exception of Lunar New Year and Korean Thanksgiving (Chusok) Day which change in timing and duration depending on the Chinese lunar calendar.


Visit our other websites
                    Burma | Cambodia | China | Hong Kong | Japan | Korea | Indonesia | Malaysia | Laos
    | Philippines  | Singapore | Thailand | Vietnam

Copyright, 2004 © Runckel & Associates

Search our Website by Topics
Google

www www.Business-in-asia.com