The European Chamber of Commerce in Korea (ECCK) would like to invite you to attend the ECCK Information Session on Economic Outlook (South Korea: Facing Cross-currents of Strong Exports and Weak Domestic Demand) scheduled for Wednesday, March 13, 2024, taking place at Lilac (2F), Westin Josun Seoul. Senior Economist Min Joo Kang will share her valuable insights and views on the economic landscape of Korea.
Korea's growth is expected to improve modestly in 2024, thanks to a clear upturn in the global semiconductor cycle. The recovery in demand for AI technology is expected to continue and South Korea will benefit from most. However, the overall recovery in 2024 should be modest due to the lack of liquidity in PF and concerns over a slowdown in the real estate market.