S Korea's manufacturing sentiment up in February
From: Business
Category: Business
01/29/2009 (6 h 47 m ago)
South Korean business survey index (BSI) posted 49 in February, up from a record low of 44 in January, the Bank of Korea (BOK) said Thursday.
"A set of rate cuts and economic stimulus plans helped lift manufacturers' confidence for February," said Chang Young-jae, a BOK official.
Chang said, however, the rebound came like a reflex as the index for January severely worsened, adding that manufacturers' sentiment is expected to remain weak amid the deepening economic downturn.
...
"A set of rate cuts and economic stimulus plans helped lift manufacturers' confidence for February," said Chang Young-jae, a BOK official.
Chang said, however, the rebound came like a reflex as the index for January severely worsened, adding that manufacturers' sentiment is expected to remain weak amid the deepening economic downturn.
...
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