The latest Q1 GDP figures for South Korea were released today and it showed a healthy but not-too-fast economy.
South Korea’s Gross Domestic Product increased by 0.7% in the first quarter of 2008. That isn’t very impressive on an annualized rate and its far below many of its Asian neighbors.
There is a reason why our Asia Stock Alert portfolio doesn’t include any South Korean companies and the reason is that they aren’t growing as fast as their Asian neighbors.
Related Posts
- South Korea dominates shipbuilding industry (09/08/08)
- Exports plunge in South Korea (02/02/09)
- Bird flu hits South Korea (04/20/08)
- South Korea’s Wild Geese (06/07/08)
- Money supply stumbles in South Korea (02/10/09)
