South Korea: Resources

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gE Module: Doing Business in South Korea

The module on South Korea provides a general overview on the following: why to do business in South Korea, country and business culture, growth industries, and issues facing South Korea. This module will help already established exporters as well as fledgling exporters better understand the culture and business culture in this region. This module also includes a case study on the business practice of Total Quality Management.

Government Resources
Main Government Page english.president.go.kr
Statistics Office kostat.go.kr
Central Banks eng.bok.or.kr
Stock Exchanges eng.krx.co.kr
Commerce Ministry mofat.go.kr
Export Promotion Agency kotra.or.kr
Investment Promotion Agency investkorea.org

News Sites

South Korea: The Korea Economic Daily (KED)

This is the online version of The Korea Economic Daily (KED), a newspaper that provides current headlines on South Korean business news. The website contains features on the South Korean economy, financial sector, IT/electronics industry, international and domestic stock market data, and also a section dedicated to research on South Korean and international economic studies.

Regulatory Agency Sites

South Korea: Financial Services Commission (FSC)

The Financial Services Commission (FSC) is responsible for the oversight and regulation of South Korea's credit and equity sectors of the Financial Services Industry. The site contains laws, news, and relevant links.

South Korea: Financial Supervisory Service (FSS)

The Financial Supervisory Service (FSS) is responsible for the oversight and regulation of institutions that operate in the South Korean Financial Services Industry. The site contains press releases, publications, statistics, and laws.

South Korea: Korea Communications Commission (KCC)

The Korea Communications Commission (KCC) is responsible for broadcasting and telecommunications in South Korea. The KCC produces legislation and regulation to ensure the expansion and personalization of the communications sector. The KCC also focuses on expanding communication technology and promotes fair competition and consumer protection. The site provides information on policy issues and offers market statistical data.

South Korea: Ministry of Agriculture, Food and Rural Affairs

The South Korean Ministry of Agriculture, Food and Rural Affairs aims to develop agriculture into an industry that supports public health and improves the well-being of rural residents. This website features its projects and has links to relevant policies and statistics.

South Korea: Ministry of Food and Drug Safety (MFDS)

South Korea's Ministry of Food and Drug Safety (MFDS) seeks to secure national health and safety of its citizens, mainly through its operations in the food and drug industries. This is done through the enhancement of risk management systems, tightened safety control, and reform on safety regulations. The site provides information on the ministry's projects, relative market news, and economic statistics.

Other Resources

Business in Asia

Business in Asia covers business, economic, and cultural topics for Cambodia, China, India, Indonesia, Japan, Korea, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The site also offers statistical data for each country.

gE Module: Doing Business in South Korea

The module on South Korea provides a general overview on the following: why to do business in South Korea, country and business culture, growth industries, and issues facing South Korea. This module will help already established exporters as well as fledgling exporters better understand the culture and business culture in this region. This module also includes a case study on the business practice of Total Quality Management.

Korea International Trade Association (KITA)

The Korea International Trade Association (KITA) is a non-profit organization which provides a variety of direct services such as trade consulting, a company directory, and assistance to trading companies dealing with government authorities. Other prominent features include an economic news section, in-depth reports, statistics on leading indicators, and a quick glance at the South Korean economy, culture, and products.

Samsung Economic Research Institute

The Samsung Economic Research Institute’s publications include Korean Economic Trend, Consumer Sentiment Survey, Economic, Management, Industry, and Issue Reports, China Briefing, and various case studies.

South Korea: Buy Korea

Developed by the national trade promotion organization of Korea, Buy Korea offers international trade leads and customized tender notification service. Users may search and post trade leads by specific product or product category as it appears on the homepage. Free registration is required to post on the website.

South Korea: GobizKorea.com

GobizKorea.com provides trade leads on a variety of products in the agricultural, pharmaceutical, and manufacturing industries along with others. This site is a marketplace where international buyers can get in touch with South Korean suppliers over the Internet. A free registration is necessary in order to post to the website.

South Korea: The Korea Chamber of Commerce and Industry (KCCI)

The Korea Chamber of Commerce and Industry (KCCI) is a private economic organization that promotes improvement and development in Korea's commerce and industry for the growth of the national economy. This site features business news, KCCI's activities and reports, trade inquiries, and statistical information.

South Korea: The Korea Economic Institute (KEI)

The Korea Economic Institute (KEI) is a non-profit, educational organization that addresses all aspects of relations between the United States and the Republic of Korea with particular focus on economic issues. KEI produces several publications including: Korea Insight, Korea's Economy, Joint U.S.-Korea Academic Studies. All of these publications are available in PDF.

South Korea: tradeKorea

TradeKorea is an online marketplace portal for international buyers, sellers, and other international business people who wish to do business in Korea. The site provides information on products in several categories, resources for buyers and sellers, and news. A free registration is required to use the services on the site.

Glossary