Xinhua, Seoul :
Confidence among South Korean businesses over economic conditions improved in the first month of this year thanks to rebound in exports of the export-driven economy, central bank data showed on Thursday.
The business sentiment index (BSI) among manufacturers stood at 75 in January, up 3 points from a month earlier, according to the Bank of Korea (BOK). It marked the highest since April 2015.
The rebound came as exports, which account for about half of the economy, jumped 25 percent during the Jan. 1-20 period compared with a year ago.
The BSI for February, which reflects economic conditions in the next month, gained 5 points over the month to 76, indicating rosy outlook for the manufacturing sector.
Confidence among South Korean businesses over economic conditions improved in the first month of this year thanks to rebound in exports of the export-driven economy, central bank data showed on Thursday.
The business sentiment index (BSI) among manufacturers stood at 75 in January, up 3 points from a month earlier, according to the Bank of Korea (BOK). It marked the highest since April 2015.
The rebound came as exports, which account for about half of the economy, jumped 25 percent during the Jan. 1-20 period compared with a year ago.
The BSI for February, which reflects economic conditions in the next month, gained 5 points over the month to 76, indicating rosy outlook for the manufacturing sector.
