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Economy

#Key Business Issue

American government’s toughened vehicle emission standards and their impacts on the Korean automobile industry

2009-05-25

Last week U.S. President Barak Obama announced a set of tougher regulations on fuel efficiency and exhaust emissions. The goal of the new restrictions ...

#Key Business Issue

Korean currency and its impact on the nation’s exports

2009-05-18

Korea’s export industry is shaken again, with the won-dollar exchange rate slipping after a making a surge earlier this year. For export-dependent ...

#Key Business Issue

Parliamentary endorsement of the Korea-US free trade accord and its implications on the bilateral ties

2009-04-27

Last Wednesday the Foreign Affairs and Trade Committee of Korea’s National Assembly passed the ratification bill for the Korea-U.S. free trade ...

#Key Business Issue

The controversial Korea-U.S. beef import deal that continues to haunt the nation

2009-04-21

April 18th marked the first anniversary of the Korea-U.S. beef import deal. American beef finally made it into the Korean market in June after heated ...

#Key Business Issue

Korea’s issuance of foreign currency stabilization bonds and its economic implications

2009-04-14

The Korean government came under the global spotlight last Thursday when it issued 3 billion dollars in foreign currency stabilization bonds. ...

#Key Business Issue

Chinese yuan, and its potential of becoming the next key currency in international commerce

2009-04-07

The Global 20 Financial Summit concluded last week with many tangible solutions for worldwide economic troubles, as well as some pending issues. ...

#Key Business Issue

Korea’s role in the upcoming G20 summit in London

2009-03-31

The Global 20 Summit is slated for April 2nd in London, England, to seek measures to overcome the global economic slump. President Lee Myung-bak ...

#Key Business Issue

The slowly recovering Korean financial market

2009-03-24

Spring has arrived not only on the calendar, but also in the financial market. Once upset by the rumor of another crisis in March, the Korean financial ...

#Key Business Issue

the Korean government’s measures to relieve the economic pressure on average citizens

2009-03-17

As the global economy grows worse, 260 thousand temporary workers have lost jobs and 400 thousand businesses have gone under so far this year. The ...

#Key Business Issue

Job sharing

2009-03-10

The job sharing phenomenon is spreading fast in Korea. Job sharing refers to an entrepreneurial effort to keep employees or hire new recruits by ...

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