SEOUL Wholesale Tim Hardaway Jr. Jersey , April 26 (Xinhua) -- South Korea's first-quarter economic growth fell to the lowest in three quarters, boosting concerns about a prolonged low-growth trend, central bank data showed on Tuesday.


Real gross domestic product (GDP) reached 371.85 trillion won (323.9 billion U.S. dollars) during the January-March period, up 0.4 percent from the previous three-month period, according to the Bank of Korea (BOK).


The first-quarter growth was the lowest since the second quarter of 2015 when the real GDP rose at an identical rate of 0.4 percent due to negative impacts from the Middle East Respiratory Syndrome (MERS) outbreak.


After bottoming at 0.3 percent in the fourth quarter of 2014, the growth rate turned upward at a peak of 1.2 percent in the third quarter of 2015, before falling again to 0.7 percent in the fourth quarter of last year and 0.4 percent in the first quarter of this year.


From a year earlier, the real GDP increased 2.7 percent in the first quarter. Gross domestic income (GDI) picked up 2.8 percent on a yearly basis.


The slowing first-quarter growth was attributable to both sagging exports and lackluster private consumption.


Last week, the BOK revised down its 2016 growth forecast for the economy from 3.0 percent to 2.8 percent on concerns about economic uncertainties at home and abroad.


The South Korean government predicted a 2016 growth above 3 percent, but private think tanks lowered their forecasts to the mid-range of 2 percent.


LG Economic Research Institute's 2016 growth outlook was set at 2.4 percent, with those by Hyundai Research Institute and the Korea Institute of Finance being downgraded to 2.5 percent and 2.6 percent respectively.


Private consumption reduced 0.3 percent in the first quarter from the previous quarter due to weak demand for durable goods and semi-durables. It was a downturn from rises of 1.1 percent in the third quarter and 1.4 percent in the fourth quarter of 2015.


The downturn indicated the weakening of consumer sentiment caused by economic uncertainties, while hinting that the government's measures to bolster up private expenditure are winding down.


Construction investment expanded 5.9 percent in the first quarter after declining 2.4 percent in the previous quarter thanks to a rise in building constructions and civil engineering works.


Facility investment tumbled 5.9 percent on a quarterly basis due to softer demand for general machinery and transport equipments.


Exports, which account for about half of the economy, reduced 1.7 percent in the first quarter from three months earlier on the back of falling shipments of oil products and automobiles. Imports shed 3.5 percent amid lower crude oil prices.


Intellectual property investments inched up 0.1 percent due to the increased investment in the software sector.


By industry, production among manufacturers dipped 0.2 percent in the first quarter after growing 0.7 percent in the previous quarter. Production among builders gained 3.2 percent in the quarter, up from a 0.7 percent growth in the prior quarter.

Unforgettable Marketing Tips Any Solar Panel Business Unforgettable Marketing Tips Any Solar Panel Business April 5, 2013 | Author: Casey Wood | Posted in Business

Having a real solar panel installations business often is an ideal way to generate recurring income while doing work that you really want to accomplish. There’re a lot of things to consider when you begin. If you come up with and execute a sound strategy, you can be the owner of a lucrative business. Remember the suggestion and tips detailed in these strategies.


Make a “app” for your solar panel installations business by using any of the innumerable free app makers available online. The young generation will get attracted to your business when accessing you is that easy. Your existing clients and buyers would be surprised by this amazing move of yours thus growing your goodwill


If you own a solar panel installations business, then you have to be well aware of the latest trends of the business industry. Coming up with an essential business strategy is important. If you are intending to come up with appropriate and ideal business schedule and strategy, then you must be conversant with the latest solar panel installations business strategies doing the trick for you.


Sometimes a drop in sales can indicate an issue with your location. Changing your location is always going to be a good technique to improve profits. By moving to a more population dense area, there will be more people around to become new consumers, and new customers will always be good for solar panel installations business.


Join networking events where you are most likely to meet solar panel installations business investors, bulk order customers, and others in your industry who can help you expand your business. Networking events vary from from sector to sector, therefore find out what fits your business best.


Do not discuss your credit history and other important financial information with people outside the solar panel consulting company. Financial history is very individual information and should be kept within the solar energy firm.


You have to be circumspect about the cash flow of your solar panel installations business. You need to have enough money to manage the business operations smoothly. You should be willing to go with the upfront payment from the consumers, as it can help you enjoy a peace of mind in connection to the inflow of cash you have with you.


Widow stickers help advertise you solar panel installations business on vehicles and buildings. Encourage associates, customers and vendors to put stickers on all their windows. You can offer discounts to those that use the stickers. It is a low cost effective way to advertise.


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