PRESS DIGEST - South Korean newspapers - Oct 30

Mon Oct 29, 2007 8:13pm EDT
 
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SEOUL, Oct 30 (Reuters) - The following is a summary of major South Korean newspapers on Tuesday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.

MAEIL BUSINESS NEWSPAPER

- Hyundai Motor (005380.KS: Quote, Profile, Research, Stock Buzz) has increased its exports to Africa, Middle East and Latin America by 23.3 percent to 307,000.

- STX Group said it will invest 60 billion won ($66.19 million) for solar battery development and production.

KOREA ECONOMIC DAILY

- The South Korean government plans to increase support for local agriculture by a maximum of 50 trillion won by 2017, from the current 119 trillion won allocated until 2013.

CHOSUN ILBO

- The Kaesong Industrial Complex in North Korea has reported net losses for the second consecutive year from 13 companies out of 16 domestic companies involved, a National Assembly report said.





 

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