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Economy

#Key Business Issue

The Korea-US summit and its implications on the Korean economy

2008-04-22

President Lee Myung-bak returned from his first state visits to the United States and Japan Monday night. Lee held summits with the leaders of both ...

#Key Business Issue

Korea’s place in the global IT competitiveness assessment and its implications

2008-04-15

Korea was handed rather surprising news recently by the World Economic Forum. The foundation published its Global Information Technology Report ...

#Key Business Issue

“Agflation” in the wake of spiking grain prices

2008-04-08

As if the soaring oil prices were not a big enough headache for the global economy, now the prices of grains have spiked, threatening the already troubled ...

#Key Business Issue

Korea-Chile FTA and its impact on the Korean economy over the past four years

2008-04-01

Four years have passed since Korea and Chile concluded a free trade agreement. This trade deal has a special significance for Korea, as it is the nation’s ...

#Key Business Issue

Government’s strategy to protect Korean businesses against hostile M&As

2008-03-25

The Ministry of Justice recently briefed President Lee Myung-bak on its plan to introduce a corporate management defense mechanism that protects ...

#Key Business Issue

Volatile foreign currency market in Korea and its implications for the Korean economy

2008-03-18

The won-dollar exchange rate closed in on the 1,000-won-per-dollar level at the last week’s foreign currency market, confirming the fears of many ...

#Key Business Issue

China’s monetary constriction policy and its impact on the Korean economy

2008-03-11

Last Wednesday China opened its 11th National People’s Congress, which is much like Korea’s parliament. Running through next Tuesday the Congress ...

#Key Business Issue

Challenges faced by Korea’s LCD industry

2008-03-04

Korea’s market share in the world LCD panel market stood at 44% and 50% in the global TV industry last year. Befitting the prestige of a digital superpower, ...

#Key Business Issue

New government’s effort to attract foreign investment

2008-02-26

The new Lee Myung-bak administration was inaugurated on Monday. The new government’s chief objective is the revival of the Korean economy and accordingly ...

#Key Business Issue

Korea’s natural resources development projects in foreign locations

2008-02-19

The price of Dubai oil breached the 90-dollar range again last weekend. This would have been bad news for the Korean economy, since Dubai oil accounts ...

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