Op/Ed | BusinessKorea

Friday, March 23, 2018


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’...
With the national interests of Seoul, Beijing and Washington entangled, the issue of deployment of the defense system is encountering challenges.
Publisher Note
26 February 2016 - 12:30pm
It seems that the official negotiations between Washington and Seoul regarding the deployment of the Terminal High Altitude Area Defense (THAAD) system on the Korean Peninsula, which picked up a high...
U.S. Secretary of State John Kerry shakes hands with Chinese Foreign Minister Wang Yi in Beijing, China on Jan. 27.
Publisher Note
29 January 2016 - 11:45am
U.S. Secretary of State John Kerry visited China on January 27 and met with Chinese President Xi Jinping and Foreign Minister Wang Yi. Their talks bore little fruit though. This means China is still...
Minister for Foreign Affairs of Japan Fumio Kishida visits South Korean President Park Geun-hye in Seoul after his meeting with the South Korean foreign minister on Dec. 28.
A New Chapter
29 December 2015 - 11:45am
The foreign ministers of Korea and Japan met with each other on Dec. 28 and reached an agreement with regard to the comfort women issue. The agreement is regarded as the Japanese government’s first...
To Our Readers
21 December 2015 - 1:15pm
The Federal Reserve raised the key interest rate on Dec. 16 for the first time in nine and half years after 2006. The 0.25 percentage point hike, in particular, signals a significant impact on...
The funeral of the former President Kim Young-sam was held in the National Assembly building in the afternoon of Nov. 26.
End of an Era
30 November 2015 - 3:15pm
Former President Kim Young-sam has passed away. He was a pillar of recent Korean history, which achieved both the democratization and industrialization of a country within the shortest period of time...
President Park Geun-hye shakes hands with Japanese Prime Minister Shinjo Abe while the U.S. President Barack Obama looks on during a Nuke Security Summit Meeting on March 26 (local time), 2014, in the Hague, the Netherlands.
To Our Readers
30 October 2015 - 12:15pm
A summit meeting of Korea, China and Japan is scheduled to be held on Nov. 1 for the first time since May 2012. The hottest issue of the meeting is likely to be history, as in the summit talks...
President Park Geun-hye walks to Tiananmen Square with Chinese President Xi Jinping on China’s Victory Day event, Sept. 3.
Publisher's Note
30 September 2015 - 9:45am
“A unification of the Korean Peninsula is the ultimate solution of the North Korean nuclear issue,” President Park Geun-hye said after a summit meeting between South Korea and China on Sept. 3,...
North Korea's leader Kim Jong-un.
Publisher's Note
31 August 2015 - 10:30am
Inter-Korean relations saw a dramatic turnaround on the brink of a crisis on Aug. 25. Both the political community and the media in South Korea are praising the government, which led the negotiations...


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