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Sunday, February 25, 2018

Insight

Concerns from Western Nations
28 August 2017 - 11:45am
An increasing number of countries are expressing concerns over the South Korean government’s nuclear-free policy. About seven countries, including South Korea, have exported at least one nuclear...
Hyundai Motor Group has made the least progress in governance structure reform among the nation’s top five conglomerates.
Through Equity Spinoff
23 August 2017 - 10:15am
A rumor that Hyundai Motor Group, which is considered South Korea’s number two business group after Samsung, is working to convert to the holding company structure is emerging again. This has come...
The National Pension Service (NPS) has to reduce the ratio of Samsung Electronics in the portfolio in accordance the National Pension Act, if vice chairman Lee Jae-yong is convicted of bribery and so on.
Caught in Corporate Governance Issue
11 August 2017 - 12:15pm
The result of the trial of Samsung Electronics Vice Chairman Lee Jae-yong cannot but affect the stock investment portfolio of the National Pension Service (NPS) of South Korea. It is expected that...
The result of the first trial regarding the ordinary wage of Kia Motors workers is predicted to have a significant impact on the Korean automobile industry as a whole.
Whirlwind of Ordinary Wage
8 August 2017 - 11:00am
The result of the first trial regarding the ordinary wage of Kia Motors workers, which has continued for almost six years, is predicted to have a significant impact on the automobile industry of...
The top marginal corporate income tax rate in Korea will be raised next year to 25% from the current 22% for corporations with more than 200 billion won (US$177.79 million) of annual taxable income.
Targeting 129 Large Businesses
3 August 2017 - 1:45pm
The Moon Jae-in administration will start raising the rate of taxation for large businesses next year. Going against the latest trend that many countries are scrambling to lower corporate taxes, the...
The Korean government will expand the supply of electric cars and promote the self-driving car industry including the establishment of car and ICT convergence platforms.
Future Growth Engines
20 July 2017 - 12:45pm
The Moon Jae-in administration will increase the number of electric cars and hydrogen powered cars to 350,000 and 15,000, respectively, by 2022. It will also focus on promoting new industries of the...
The recent massive recalls of Hyundai-Kia cars resulted from to defects of electric power steering motor connector manufactured and supplied by LG Innotek.
Defective Motors
7 July 2017 - 10:15am
The Hyundai Avante and Ioniq compacts and the Kia Niro crossover have been recently ordered to recall from the Korean government due to defects of electric power steering motor connector manufactured...
From the left are SK Group chairman Chey Tae-won and his wife Roh So-yeong, director of Nabi Art Center.
Personal Petition
6 July 2017 - 2:45pm
It has been found that Roh So-yeong, wife of SK Group chairman Chey Tae-won, sent then President Park Geun-hye a letter telling Park her intention to take issue with a presidential pardon for her...
Korea’s service deficit with the United States last year inflated for the second consecutive year after climbing to US$14.09 billion in 2015.
Other Side of Coin
21 June 2017 - 11:45am
South Korea’s service trade deficit with the United States increased to its record level in 2016. According to "the international balance of payments by region (provisional) in 2016" released by the...
Secondary Sales
20 June 2017 - 4:00pm
StubHub, the world’s largest ticket marketplace, today published the results of a consumer survey it commissioned that asked 2,000 Koreans about their perceptions of secondary ticketing. The survey...
Booyoung Group chairman Lee Joong-keun
First Target for Chaebol Reform
19 June 2017 - 12:30pm
Korea Fair Trade Commission (KFTC) prosecuted Booyoung Group chairman Lee Joong-keun on June 18 for having tampered, for over 10 years, with data on the group’s subsidiaries required to be submitted...
Citibank Korea decided to cut back on its branches 80% beginning in July of this year.
Massive Branch Shutdown
15 June 2017 - 5:15pm
A conflict between the labor and the management at Citibank Korea is spreading like wildfire, giving rise to a legal battle.   As Citibank Korea decided to cut back on its branches 80% beginning in...

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