SK has a Real Economy. Leegime?

[makapaaa]

<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR>Home > Breaking News > Money > Story
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<TR>Oct 26, 2009
</TR><!-- headline one : start --><TR>S.Korea GDP strong <!--10 min-->
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The growth was the fastest since the first quarter of 2002, when GDP rose 3.8 per cent from the previous quarter. -- PHOTO: AP
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<!-- START OF : div id="storytext"-->SEOUL - SOUTH Korea's economy grew at its fastest pace in more than seven years in the third quarter, the central bank said on Monday, thanks to robust industrial output and an improvement in private spending.
Gross domestic product rose 2.9 per cent quarter-on-quarter in July-September and 0.6 per cent compared with a year earlier, the bank said in an advance estimate.
The growth was the fastest since the first quarter of 2002, when GDP rose 3.8 per cent from the previous quarter.
Asia's fourth largest economy recorded a 2.6 per cent gain quarter-on-quarter in April-June but a 2.2 per cent contraction year-on-year.
On a year-on-year basis, GDP turned positive for the first time in four quarters.
'Industrial output, led by chips and automobiles, posted robust growth in the third quarter,' the bank said in a statement, adding: 'Private consumption and facility investment also grew, contributing to growth.' Its recovery has been fuelled by aggressive government fiscal spending and rate cuts. -- AFP

 

[Leongsam]

That's because the South Koreans are a lot smarter than the sinkies.

 

[SamuelStalin]

<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR>Home > Breaking News > Money > Story
</TR>
<TR>Oct 26, 2009
</TR><!-- headline one : start --><TR>S.Korea GDP strong <!--10 min-->
</TR><!-- headline one : end --><!-- show image if available --><TR vAlign=bottom><TD width=330>

</TD><TD width=10>

</TD><TD vAlign=bottom>

The growth was the fastest since the first quarter of 2002, when GDP rose 3.8 per cent from the previous quarter. -- PHOTO: AP
</TD></TR></TBODY></TABLE>




<!-- START OF : div id="storytext"-->SEOUL - SOUTH Korea's economy grew at its fastest pace in more than seven years in the third quarter, the central bank said on Monday, thanks to robust industrial output and an improvement in private spending.
Gross domestic product rose 2.9 per cent quarter-on-quarter in July-September and 0.6 per cent compared with a year earlier, the bank said in an advance estimate.
The growth was the fastest since the first quarter of 2002, when GDP rose 3.8 per cent from the previous quarter.
Asia's fourth largest economy recorded a 2.6 per cent gain quarter-on-quarter in April-June but a 2.2 per cent contraction year-on-year.
On a year-on-year basis, GDP turned positive for the first time in four quarters.
'Industrial output, led by chips and automobiles, posted robust growth in the third quarter,' the bank said in a statement, adding: 'Private consumption and facility investment also grew, contributing to growth.' Its recovery has been fuelled by aggressive government fiscal spending and rate cuts. -- AFP

Makap,

If you want, go live in South Korea. We're sure many Koreans would trade places with you and those other good-for-nothing grousers and rubbish out there.