South Korea has a “watermelon economy,” says local Tesco / Home plus boss Lee Seung-han: green on the outside, but red on the inside. Ouch! http://t.co/wt8zXFpw [Read More]
Category: Business & economy (page 5)
Daewoo wins Royal Navy tanker contract
UK Royal Navy buys Korean to keep its ships fuelled: £452m contract for four tankers goes to Daewoo Shipbuilding and Marine Engineering (Daily Mail via @rjkoehler) http://t.co/jCNY8p5j [Read More]
The folding plug inches closer to production
The Korean-designed 13 amp folding plug is in its Mk 2 version. Brilliant idea. Hope someone actually manufactures it. http://t.co/everP9Z4 [Read More]
Clifford Chance to be the first foreign law firm in Korea?
UK law firm Clifford Chance is at the head of the pack as potentially the first foreign firm to get a Korean legal licence from the Ministry of Justice: http://t.co/HcQTKXDz [Read More]
KIA Motors and the Australian Open
KIA Motors, having sponsored the Australian Open since 2002, is getting some great worldwide TV coverage http://t.co/FUSNvaUK [Read More]
Harris Tweed targets Korea
The largest producer of Harris Tweed has made South Korea its target market for growth in 2012, according to the BBC http://t.co/MPC98eh0 via @rjkoehler [Read More]
Incheon Airport is thinking of buying Edinburgh
Incheon Airport is thinking of buying and operating Edinburgh, Scotland’s busiest airport. The National Pension Service already owns some of Gatwick http://t.co/zSIbeFpO [Read More]
A look back at 2011 – part 3
In the final part of our look back at 2011, we summarise some of the news stories which caught our eye. China This year the region’s biggest economy continued flexing its muscles: it conducted the first test flight of its new stealth fighter, announced that it had deployed stealth missile speedboats in the East China … [Read More]
Korean megaship develops cracks on maiden voyage
Vale Beijing, a huge ore carrier built by Korea’s STX Offshore & Shipbuilding for Brazilian mining company Vale SA, developed cracks on its first loading on 5 December, and needs repair. Updates: STX Pan Ocean: Damage to Vale Beijing “Reparable” (4 Jan 2012) STX Pan Ocean says Vale Beijing problem is ‘isolated’ (9 Jan 2012) … [Read More]
GNP braves tear gas to pass FTA
Can’t help thinking that this was totally the right thing to do: GNP defy opposition tear gas to vote through FTA http://t.co/MqqFDLkr [Read More]
Two Koreas: Past, Present and Future – at LSE
Looks like an interesting conference at the London School of Economics. Unfortunately, it’s the same day as another interesting conference organised by BAKS (26 Nov). On 26th November 2011, LSESU Korean Society is proud to present the first student-run Korean Economic and Political Forum: “Two Koreas: Past, Present and Future”. The forum will be divided … [Read More]
Korea Investment Forum, 1 December at the Savoy
The Ministry of Knowledge Economy is sponsoring a Korea Investment Forum at the Savoy on 1 December, focusing on private equity, venture capital and real estate investment in Korea. Details in the attached document: Invitation to the Korea Investment Forum London (1st December) [Read More]
Edinburgh Woollen Mill clothes made by North Koreans, in Mongolia
Edinburgh Woollen Mill: clothes made by North Koreans in Mongolia – a follow-up to Newsnight’s story on DPRK loggers in Russia for another British company: http://t.co/pXz6zuSD [Read More]
US Congress approves KORUS FTA
US Congress finally passes the Korea-US FTA. Never thought it would happen. Nice present for President Lee on his visit to USA. But now comes the hard part: will Korea’s DP also say yes? http://t.co/whNpBbPi [Read More]
Gangnam is worth more than the whole of Busan
3 districts in southern Seoul account for just 0.1% of the total land area of Korea, but 10% of the total real estate value. Gangnam alone is worth more than the whole of Busan. I know which I prefer… http://t.co/X37tBkB2 [Read More]
HSBC to sell 11 Korean retail branches
HSBC to sell 11 Korean retail branches, says MoneyToday – hardly a surprise given similar US and Russian sales. http://t.co/dxyNVzvp [Read More]















