Op/Ed | BusinessKorea

Monday, March 27, 2017


Out-of-work Germans look over a job posting board.
Importing Policy
31 March 2014 - 2:03pm
Korea needs to look into the German style welfare-to-work program as a solution for the current economic state where growth and employment are stagnant, while the welfare burden is getting hefty. The...
The three-headed elephant statue of Erawan at the Erawan Museum in Thailand.
New Direction
18 March 2014 - 3:22pm
The previous industrial era was led by the three-headed system of “bureaucracy, politics, and chaebol.” Those in the era pursued a high-speed compressed growth strategy, and made it. However, the...
Korean businessmen play in a water fountain on a Seoul street in 2009. (Photo by Ingmar Zahorsky via Flickr)
Insider Perspective
17 March 2014 - 6:45pm
Korea was recently named the worst place for worker productivity in the OECD, which was featured in a recent article by this magazine. This news is not surprising for any professional previously or...
Emart’s Flying Store floats around malls offering free wifi and easy access to Emart’s retail site.
Leading Retail
7 February 2014 - 6:06pm
The way that convenience retailers operate in Asia, using customer insight to shape their offer to a level unprecedented in the Western markets, is starting to make businesses in the latter economies...
To Our Readers
31 January 2014 - 11:28am
Foreign news outlets have poured out reports about Korea as an IT powerhouse for years. CNN reported last year that Korea ranked first both in Internet penetration rate (82.7%) and smart phone...
Aging Society
23 January 2014 - 3:29pm
The Washington Post reported that the heroes of the Miracle of the Han River are living in poverty, as younger Koreans are spending more and more on private education and luxury products. It added...
The Supreme Court ruled on December 18 2013 that the regular bonus is included in the ordinary wage, which is expected to have great repercussions in the auto industry.
To Our Readers
30 December 2013 - 6:43pm
The Supreme Court finally delivered its ruling that regular and fixed bonuses are to be included in the scope of ordinary wages, even when the cycle of payment is over one month. The scope of...
To Our Readers
30 November 2013 - 3:00pm
An official at the US Department of Defense recently said that the US government welcomes Japan’s efforts to normalize its role in the international community to contribute to peace and regional...
To Our Readers
8 October 2013 - 5:20pm
With Washington officially backing up Japan’s pursuit of a collective self-defense, a significant change is expected to be come up in the security environment of Northeast Asia. The joint...
To Our Readers
8 October 2013 - 5:01pm
China and North Korea are claiming that the six-party talks be resumed with no strings attached whereas South Korea and the United States are against it calling for Pyongyang’s denuclearization. On...
Moral Hazard
4 October 2013 - 5:08pm
With corporate workouts and court receivership in progress in subsidiaries of the Tong Yang Group, and the exacerbating situation surrounding the fraudulent issuing of corporate bills, many people...
The Korean Airlines Boeing 747 passenger plane on a Hawaiian airport runway in 1982.
Past Tragedy
11 September 2013 - 4:36pm
It was the depths of the Cold War. Thirty years ago this month, 269 people aboard Korean Airlines Flight 007 died in the sub-zero skies over North Asia. On 1 September 1983 a Soviet fighter shot the...


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