MATRADE Orientation Presentation S.Korea

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MATRADE Orientation Presentation S.Korea

  1. 1. SOUTH KOREAKHAIRIFAIZALPRIDIV
  2. 2. INTRODUCTION The Korean flag is called "Taegeukgi" in Korean. Its design symbolizes the principles of the yin and yang in Oriental philosophy. The national flower of Korea is the mugunghwa (rose of sharon). The flower itself symbolic significance stems from the Korean word mugung, meaning immortality. The currency of Korea is won (1000 won equal to RM2.78)
  3. 3. CAPITAL OF SOUTH KOREA: SEOUL
  4. 4. MATRADE - SEOUL, SOUTH KOREAEmbassy of Malaysia(Trade & Investment Section)17th Floor, SC First Bank Building100, Gongpyeong-dongJongno-guSeoul 110-702Republic of Korea Mr. A. Rashid Mohd Zain
  5. 5. Economy Over the past several decades, the Republic of Korea has achieved a remarkably high level of economic growth South Korea is the United States seventh- largest trading partner and is the 15th- largest economy in the world. In early 1960s, The government carried out a currency reform, strengthened financial institutions, and introduced flexible economic planning
  6. 6.  In the 1970s Korea began directing fiscal and financial policies toward promoting heavy and chemical industries, consumer electronics, and automobiles. In recent years, Koreas economy moved away from the centrally planned, government-directed investment model toward a more market-oriented one.
  7. 7. ECONOMIC ACTIVITIES AGRICULTURE: rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish INDUSTRIES: electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
  8. 8. TRADE Bilateral trade between Malaysia and South Korea has been growing with total trade at US$12.7 billion last year compared with US$10.4 billion in 2005. South Korea and Malaysia agreed to push for a bilateral free trade agreement (FTA) and step up cooperation on energy and defense.
  9. 9. SOUTH KOREAN IMPORTS Imports: $417.9 billion (2010 est.)country comparison to the world: 10 machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics China 16.8%, Japan 15.3%, US 9%, Saudi Arabia 6.1%, Australia 4.6% (2009 est.)
  10. 10. SOUTH KOREAN EXPORTS Exports: $466.3 billion (2010 est.) country comparison to the world semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemi cals China 23.2%, US 10.1%, Japan 5.8%, Hong Kong 5.3% (2009 est.)
  11. 11. South Korea - Imports from Malaysia 5000 4000Millions of Malaysian Ringgit 3000 2000 1000 0 Mineral Fuel, Oil Et Machinery Organic Chemicals Wood Iron And Steel Electrical Machinery Fats And Oils Rubber Tin + Articles There Misc. Chemical Produ January - April 2011
  12. 12. South Korea - Exports to Malaysia 1500Millions of Malaysian Ringgit 1000 500 0 Electrical Machinery Iron And Steel Mineral Fuel, Oil Et Vehicles, Not Railwa Rubber Optic,Nt 8544;Med In Machinery Plastic Copper+Articles Ther Organic Chemicals January - April 2011
  13. 13. THANKS..HANSAMIDA…

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