The South Korean economy is noticeably sputtering, especially in comparison to stronger post-COVID recoveries elsewhere in Asia.
Korea’s exports are down 15 percent year-on-year. Meanwhile, interest rate hikes by the Bank of Korea (BOK) to stem inflation have been largely successful but have hit the country’s USD 107 billion housing market and construction industry especially hard. Housing prices fell in April for the eleventh straight month and are down about ten percent from their peak last summer. Residential real estate is the largest class of assets for most Korean households, so a drop in values can have a strong and negative wealth effect on household spending.
台北與華盛頓特區 | 2025年7月14日 — 美商亞洲集團（The Asia Group）欣然宣布，台灣前經濟部次長陳正祺（Chern-Chyi "C.C." Chen）先生已加入本公司，擔任資深顧問，常駐台北。陳正祺是美商亞洲集團在台的首位資深顧問，他的任命亦代表本集團對協助客戶將台灣商業潛力極大化的長期承諾。
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South Korean Economy Facing Headwinds
The South Korean economy is noticeably sputtering, especially in comparison to stronger post-COVID recoveries elsewhere in Asia.
Korea’s exports are down 15 percent year-on-year. Meanwhile, interest rate hikes by the Bank of Korea (BOK) to stem inflation have been largely successful but have hit the country’s USD 107 billion housing market and construction industry especially hard. Housing prices fell in April for the eleventh straight month and are down about ten percent from their peak last summer. Residential real estate is the largest class of assets for most Korean households, so a drop in values can have a strong and negative wealth effect on household spending.
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美商亞洲集團（The Asia Group）歡迎陳正祺先生擔任台灣辦公室資深顧問