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SEOUL, April 23 (Xinhua) -- South Korea's economic growth stayed below 1 percent for four straight quarters due to the sluggishness in exports and private consumption, boosting worries about a prolonged trend of low growth [url=http://www.washingtoncapitalsteamstore.com/adidas-andre-burakovsky-jersey]http://www.washingtoncapitalsteamstore.com/adidas-andre-burakovsky-jersey[/url] , central bank data showed Thursday.


Real gross domestic product (GDP) increased 0.8 percent in the first quarter from three months earlier, according to the Bank of Korea (BOK). It was roughly in line with the BOK's growth outlook and market expectations.


The BOK revised down its 2015 growth outlook to 3.1 percent in March from 3.4 percent estimated three months earlier. It was far lower than the government's growth forecast for 2015 at 3.8 percent.


After rebounding to 1.1 percent in the first quarter of 2014, the real GDP growth stayed below 1 percent, with 0.5 percent in the second quarter of 2014, 0.8 percent in the third quarter and 0. 3 percent in the fourth quarter.


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The slow growth came amid the sluggishness in both exports and private consumption, boosting worries that the South Korean economy might fall into the prolonged trend of low growth.


The cheaper oil reduced production costs of companies, lowering living costs for households, but the weakened sentiment among consumers prevented the economy from getting back on the recovery track.


Private consumption rose 0.6 percent in the first quarter from the prior quarter. Growth in facility investment sank from 4 percent in the fourth quarter of 2014 to zero in the first quarter.


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Import growth slid from 0.7 percent in the fourth quarter of last year to 0.5 percent in the first quarter, indicating the faltering domestic demand.


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SAN FRANCISCO [url=http://www.washingtoncapitalsteamstore.com/]http://www.washingtoncapitalsteamstore.com/[/url] , April 13 (Xinhua) -- A Silicon Valley firm in the United States is taking advantage of the skies to explore commercial uses of drone technology, hauling goods and products over cities and disaster zones.


Matternet, based in Menlo Park south of San Francisco in California, has developed what it claims to be the world's first commercial drones capable of carrying up to one kilogram of weight and flying for 20 kilometers.


The startup was created in 2011 by Paola Santana and Andreas Raptopoulos, to work on a new mode of transportation that could carry light packages from one point to another [url=http://www.washingtoncapitalsteamstore.com/adidas-tyler-graovac-jersey]http://www.washingtoncapitalsteamstore.com/adidas-tyler-graovac-jersey[/url] , overcoming land obstacles.