Op/Ed | BusinessKorea

Monday, December 11, 2017


The prosecutors’ investigation drove the cash-strapped Lotte Group to turn its direction for fund raising toward commercial paper (CP) instead of issuing corporate bonds.
Money Needed
23 August 2016 - 10:00am
Lotte Group affiliates are dubbed as big issuers in the corporate bond market. Out of them, five affiliates including Hotel Lotte are assigned with a credit rating of AA+ representing very high...
Adrian Slater (4th from R), General Manager, Grand Hyatt Seoul; John Riley (4th from L), Deputy Head of Mission, New Zealand Embassy Seoul, and members of The Kiwi Chamber pose with girls from Songjukwon Girl’s Orphanage on Friday, Aug. 19, 2016.
Social Outreach
19 August 2016 - 7:45pm
To enjoy nature and the outdoors, a Grand Camping summer event for Sungjukwon Girl's Orphanage was held on Friday, Aug. 19, 2016, at the Grand Hyatt Hotel Seoul. The event, which was sponsored by the...
Dharmendra N. Choudhary is a Washington DC based International Trade Attorney and a globally acclaimed surrogate value expert with the law firm of GDLSK LLP.
Success in Anti-dumping Battle
17 August 2016 - 2:15pm
Brighter days are here to stay for CS Wind Corp., a Korean multinational company engaged in the production of wind towers. On August 12, 2016, the US Court of Appeals for Federal Circuit (CAFC)...
Mike Orgill (L), director of public policy for the Asia Pacific region for Airbnb, and Ahn Hee-jung (R), governor of Chungnam Province, hold a signed MOU for mutual cooperation on Aug. 5, 2016 at Hongseong-gun, Chungcheongnam-do, South Korea.
Embracing Innovation
8 August 2016 - 6:45pm
Ahn Hee-jung, governor of Chungnam Province, on Friday signed an agreement with global room-sharing service Airbnb to cooperate on providing accommodations to visitors attending Korea’s 97th National...
The container terminal in Yantai port handled around 200,000 TEUs in relation with South Korea last year, showing a 10% increase year on year up to now this year.
Foothold of ‘One Belt, One Road’
27 July 2016 - 1:30pm
With a heavy rain pouring down, the Korean press delegation visited the Yantai China-South Korea Industrial Park in Yantai City located in Shandong Province, China, on June 23. There were plenty...
Trade disputes between the U.S. and China that are resulting from the Americanism and China’s response are exacerbating the uncertainties of the South Korean economy.
Publisher Note
27 July 2016 - 1:00pm
The United States is increasingly resorting to trade protectionism ahead of the upcoming presidential election. Under the circumstances, the U.S. Department of Commerce decided to impose high anti-...
The headquarters of Vilkswagen in Germany has been involved in the emissions manipulation of Golf 1.4 TSI in particular.
Publisher Note
20 June 2016 - 2:15pm
A series of illegal acts have been found since the beginning of the prosecution’s investigation into Volkswagen under the suspicion of emissions manipulation. The misconducts include the import of...
Publisher Note
30 May 2016 - 12:45pm
South Korea’s shipbuilding industry, which used to be its main pillar, is on the edge of a precipice now. What is worrisome under the circumstances is the blueprint and orientation of the interested...
The recent amended US trade laws are threatening South Korean exporters to the United States.
Threat to Korean Exporters
11 May 2016 - 3:30pm
South Korean exporters to USA face a looming threat from recent amendments to US trade laws, i.e. Trade Preferences Extension Act of June 2015 and Trade Facilitation and Trade Enforcement Act of...
The ruling and opposition parties' opinions on restructuring are split when it comes to the specifics, which requires putting together theirs heads together to trigger the critical issue.
Time to Put Heads Together
3 May 2016 - 3:15pm
Industrial and corporate restructuring is emerging as a hot-button issue in South Korea in the wake of the general election in April. Although both the ruling and opposition parties are concentrating...
Publisher Note
29 March 2016 - 12:00pm
South Koreans are extremely disappointed with the recent political behaviors of the country’s ruling and opposition parties ahead of the April 13 general election. It is concerned that their...
The European Commission imposed a fine of 37.121 million euros on Hitachi-LG Data Storage Inc.
Fine Imposed by European Commission
23 March 2016 - 12:15pm
It has been found that a fine of 37.121 million euros was imposed on Hitachi-LG Data Storage Inc., which is a joint corporation of LG Electronics and Hitachi, last year after the European Commission’...


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