Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
South Korean military plans to launch new division for future warfare
-
7
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
8
Kia EV9 GT marks world debut at LA Motor Show
-
9
Teen smoking, drinking decline, while mental health, dietary habits worsen
-
10
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
South Korea's business sentiment slightly fell for April on increased uncertainties in the electronics and auto manufacturing industries, a local think tank said Monday.
The business survey index (BSI) of the country's top 600 companies by sales reached 106 for next month, down 3.2 points from March, the Korea Economic Research Institute (KERI) said in a statement.
But the index for April stayed above 100 for the second straight month after its March reading exceeded 100 for the first time in 34 months, the statement said.
"Rising memory chip prices and lack of electronic components for vehicles are weighing on electronics companies and carmakers, respectively, in global markets," it said.
A reading above 100 means optimists outnumber pessimists, while a figure below the benchmark means the opposite.
The BSI for March stood at 112.9, up 14.9 points from the previous month, said KERI, the research arm of the Federation of Korean Industries, the country's major business lobby.
KERI said 418 out of the 600 companies responded to the survey, which was taken from March 18-25. (Yonhap)
The business survey index (BSI) of the country's top 600 companies by sales reached 106 for next month, down 3.2 points from March, the Korea Economic Research Institute (KERI) said in a statement.
But the index for April stayed above 100 for the second straight month after its March reading exceeded 100 for the first time in 34 months, the statement said.
"Rising memory chip prices and lack of electronic components for vehicles are weighing on electronics companies and carmakers, respectively, in global markets," it said.
A reading above 100 means optimists outnumber pessimists, while a figure below the benchmark means the opposite.
The BSI for March stood at 112.9, up 14.9 points from the previous month, said KERI, the research arm of the Federation of Korean Industries, the country's major business lobby.
KERI said 418 out of the 600 companies responded to the survey, which was taken from March 18-25. (Yonhap)
