KOREA

24 June 2022

The Regional Comprehensive Economic Partnership (RCEP) came into effect this year, establishing the world's largest economic circle and promoting regional trade and investment. More

Tech & Innovation

Boosting network expansion

23 March 2022

As business digitalisation accelerates, data and applications to store and process it grows in importance but can be expensive. Small and medium-sized enterprises (SMEs) may find outsourcing their data housing to professionally managed data centres is the most cost-effective approach. More

hktdc research

CAMBODIA: South Korea Free Trade Agreement Ratified

16 February 2022

The Cambodia-Korea Free Trade Agreement (CKFTA) was signed into law by Cambodia’s King Norodom Sihamoni on 29 January 2022. More

hktdc research

China Customs to Implement RCEP Rules on Korean Goods from February

31 January 2022

The General Administration of Customs recently announced that in accordance with new administrative measures under the Regional Comprehensive Economic Partnership (RCEP) Agreement, which took effect on 1 January, the Agreement will be applicable to South Korea as of 1 February. More

hktdc research

China to Implement RCEP Tariff Rate on Korean Goods from 1 February

20 January 2022

The Customs Tariff Commission of the State Council will levy the tariff rates pledged under the Regional Comprehensive Economic Partnership (RCEP) agreement on some goods originating from the Republic of Korea starting from 1 February. More

hktdc research

ASIA: RCEP Free Trade Deal Takes Effect for 10 Signatory Nations

14 January 2022

The Regional Comprehensive Economic Partnership (RCEP) entered into force on 1 January 2022, meaning that businesses in Australia, Brunei, Cambodia, China, Japan, Laos, New Zealand, Singapore, Thailand and Vietnam will now benefit from tariff elimination on about 92% of goods over time. More

hktdc research

CAMBODIA: Free Trade Agreement with South Korea Formally Signed

02 November 2021

Cambodia and South Korea have now officially signed the Free Trade Agreement (FTA) they agreed some eight months ago. More

hktdc research

PHILIPPINES: South Korea Free Trade Deal Set to Be Signed in February

01 November 2021

South Korea and the Philippines have successfully concluded talks on a bilateral Free Trade Agreement (FTA), which is expected to be formally signed in February next year. More

hktdc research

MALAYSIA: New Anti-dumping Duties on Steel Imports from China, South Korea and Vietnam

25 October 2021

New anti-dumping duties are to be imposed on a variety of steel imports from China, South Korea and Vietnam. Introduced as of 9 October this year and set to remain in force until 8 October 2026, anti-dumping duties of between 7.42% and 42.08% will be levied on cold-rolled coils of alloy and non-alloy steel (with a thickness between 0.20 mm and 2.60 mm, and a width between 700 mm and 1,300 mm) imported from any of the three countries. More

Market Opportunities

Hong Kong fintech prospects beckon Korea

16 September 2021

As financial technology (fintech) grows and matures, this creates fertile ground for cooperation between vibrant, tech-savvy economies such as Hong Kong and Korea. More

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