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South Korea factory activity logs ninth straight month of expansion, PMI shows

channelnewsasia.com ·

South Korea factory activity logs ninth straight month of expansion, PMI shows

South Korea's manufacturing sector reported its ninth consecutive month of expansion in August, according to a purchasing managers index (PMI) survey released on Tuesday. The PMI stood at 52.3 for August, slightly lower than the 53.1 recorded in July, but remained above the 50 threshold that signals expansion. Manufacturers continued to receive healthy new orders, as indicated by a sub-index of 53.5 in August, compared to 54.8 in July.

Despite the overall easing in new order growth, the strong surge in export demand, the highest since November 2020, suggests that South Korean manufacturers are still reaping the benefits of the ongoing AI and semiconductor supercycle, commented David Owen, an economist at S&P Global Market Intelligence. In the second quarter, South Korea, Asia's fourth-largest economy, outpaced expectations, benefiting from a semiconductor export boom that compensated for a drop in construction investment.

Written by urgent.news from Channel News Asia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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The Culture Nuri Card market has come to your doorstep... Various experiences and performances are taking place all over Gyeonggi Province. 문화체육관광부와 한국문화예술위원회는 30일 "문화누리카드 이용자들이 보다 편리하게 카드를 사용하도록 '문화누리 장터'를 확대 운영한다"고 밝혔다. The Ministry of Culture, Sports and Tourism and the Korea Arts Council announced on the 30th that they will expand and operate the 'Culture Nuri Market' so that Culture Nuri Card users can use their cards more conveniently. 문화누리카드는 6세 이상 기초생활수급자와 차상위계층을 대상으로 문화예술, 국내여행, 체육활동 등 다양한 문화활동을 지원하는 카드다. The Culture Nuri Card is a card that supports various cultural activities such as arts and culture, domestic travel, and sports activities for those aged 6 and above who are recipients of basic living benefits and those who are just above the poverty line. 문화누리 장터는 문화누리카드 가맹점이 아니지만, 문화누리카드 사용을 희망하는 소상공인, 문화시설, 전통시장, 5일장, 문화행사 개최자 등을 대상으로 한다. The Culture Nuri Market is open to small business owners, cultural facilities, traditional markets, 5-day markets, and cultural event organizers who are not affiliated with the Culture Nuri Card but wish to use the card. 이들 장터에서는 문화누리카드를 사용해 상품을 구매하거나, 서비스를 이용할 수 있다. At these markets, you can purchase goods or use services using your Culture Nuri Card. 이에 따라 도내 31개 시군 곳곳에서 문화누리 장터가 열릴 예정이다. Accordingly, Culture Nuri Markets are expected to be held in various locations across 31 cities and counties in Gyeonggi Province. 파주시는 7월 1일부터 5일까지 문산읍 선단리 1000-1번지 일원에서 '문화누리 장터'를 연다. Paju City will hold the 'Culture Nuri Market' from July 1st to 5th in the area around 1000-1 Seondan-ri, Munsan-eup. 장터에서는 지역 소상공인이 참여한 가운데 문화누리카드로 결제할 수 있는 판매 부스를 운영한다. At the market, local small business owners will operate booths where customers can make payments using their Culture Nuri Cards. 또 부대행사로 체험 행사와 버스킹 공연도 진행할 예정이다. In addition, experience events and busking performances will be held as part of the event. 김포시는 7월 15일과 22일, 29일 사우동 김포아트센터에서 '문화누리 장터'를 운영한다. Gimpo City will operate the 'Culture Nuri Market' on July 15th, 22nd, and 29th at the Gimpo Art Center in Saudong. 문화누리 장터에서는 지역 예술가가 참여하는 체험 행사와 버스킹 공연, 판매 부스 등이 운영된다. At the Culture Nuri Market, experience events, busking performances, and sales booths featuring local artists will be held. 안양시는 7월 한 달 동안 '찾아가는 문화누리 장터'를 운영한다. Annyeong City will operate a 'visiting Culture Nuri Market' for the month of July. 7월 1일부터 28일까지 매주 토요일에 안양시 주요 관광지 6곳에서 문화누리 장터가 열린다. The Culture Nuri Market will be held at six major tourist attractions in Annyeong City every Saturday from July 1st to 28th. 수원시는 7월 1일부터 31일까지 수원시청 별관 1층 로비에서 '문화누리 장터'를 연다. Suwon City will hold the 'Culture Nuri Market' on the first floor lobby of the Suwon City Hall annex building from July 1st to 31st. 문화누리 장터에서는 문화누리카드 사용처 확대를 위한 홍보와 함께, 문화누리카드 미사용자에게 카드를 발급해주는 현장 발급 서비스도 진행한다. At the Culture Nuri Market, they will promote the expansion of the Culture Nuri Card usage and provide on-site card issuance services for those who have not yet received their cards. 문화체육관광부 정책 담당자는 "문화누리 장터 확대 운영을 통해 문화누리카드 이용자들이 보다 편리하게 카드를 사용할 수 있을 것으로 기대한다"며 "앞으로도 문화누리카드 사용 활성화를 위해 지속적으로 노력하겠다"고 말했다. A policy official at the Ministry of Culture, Sports and Tourism said, "We expect that the expansion of the Culture Nuri Market will allow Culture Nuri Card users to use their cards more conveniently." He added, "We will continue to make efforts to activate the use of the Culture Nuri Card in the future."

·hani.co.kr

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