A high profile four-week exhibition of some of Korea’s luxury brands is just coming to an end. I can only speculate as to how much KOTRA paid to hire the Exhibition Gallery at Harrods for four weeks. But space at the UK’s premier luxury department store doesn’t come cheap, and it must have taken a … [Read More]
Category: Business & economy (page 6)
ROK boosts gold reserves
“One classic warning of a peak – a rush of … dumb money – is already evident”, FT Lex 2 Aug. “South Korea bolsters gold reserves”, FT 2 Aug. # [Read More]
SC First Bank workers demonstrate in London
Someone just told me the Korea Standard Chartered Unions were protesting outside FSA. Popped out to talk to them, but within only five minutes they had already dispersed. Apparently there were only four of them – easy for the Canary Wharf security staff to deal with. #. Last month, when they started their strike, the … [Read More]
Tesco to celebrate FTA by bringing kimchi to Koreatown
As the ratification of the US-Korea seems to bumble on interminably, the EU-Korea treaty comes into effect on 1 July. To celebrate, Tesco is running a “Taste of Korea” promotion during July. Tesco is huge in Korea, which is the firm’s second biggest presence after the UK, with £5 billion in revenues and 354 stores: … [Read More]
Korean unions target Standard Chartered and KEB
"There is a serious attempt … to tarnish StanChart’s reputation" in Korea. (FT) http://on.ft.com/jWUhFl #. Continuing the theme: Korean Bankers Take to the Streets – a good summary of what's going on at KEB and SC First right now http://on.wsj.com/l5WXBV # [Read More]
Korean Air takes delivery of new Airbus
Jolly decent of Korean Air to keep Europe’s aviation industry afloat: East Asia’s first A380 goes into operation today, 17 June, on Tokyo and HK routes http://bit.ly/ijJDrJ # [Read More]
Judy Joo opens at the Playboy Club
London’s new Playboy club opens this weekend with executive chef Judy Joo overseeing the restaurant. @JudyJooIronChef I'm really looking forward to sampling some of your food. But they didn't invite me to the opening night ^_^ # [Read More]
Hyundai comes to Piccadilly circus
Hyundai is to replace Sanyo in illuminated advertising at Piccadilly Circus http://on.ft.com/kMS6Ec #. It’s a costly place to hire: according to the FT, the deal is “expected to cost the company about £2m ($3.3m) a year. The price is a record for one of the world’s most valuable advertising platforms, and reflects how rarely the … [Read More]
Vince Cable visits Samsung
Vince Cable visits the Samsung Electronics HQ in Seocho-dong, southern Seoul http://bit.ly/lupUYj # [Read More]
Rumours about SC First Bank sale can’t be true
"Rumors say Standard selling SC First". Doesn't sound right. Standard Chartered sounded very bullish about SC First the other day when the Anglo-Korean Society visited for a viewing of their art collection. http://bit.ly/jWBtPV # [Read More]
Sven-Goran Eriksson: the North Korean connection
The UK Serious Fraud Office is looking at the bizarre story of the scamming of Sven-Goran Eriksson and North Korean government http://bbc.in/fXHTxv # [Read More]
LG challenges good taste with mongol spot ad
Via @Hannah Bae: What the hey-hey is this ad? Obviously a Mongolian birthmark reference, but really ill-conceived: http://twitpic.com/4ldm7m [Read More]
Korea’s premium whisky market
Chivas Regal boss tracks the history of whisky in Korea "Korea is easily the No. 1 premium market in the world." Chivas Regal is part of Pernod Ricard, bitter rivals to Diageo. Source: Joongang Daily, 8 April 2011 #. [Read More]
British celebs in Korean commercials
Samira Ahmed is checking out the British actors taking money for some cheesy ads in Korea. Take a bow, Pierce Brosnan (casinos – Image source) and Jeremy Irons (coffee). I can’t find the coffee ad, but here's Irons advertising a Korean clothing brand on TV: [Read More]
Warren Buffett on opportunities in Korea
"We’re looking at buying entire businesses in Korea. It’s a hunting ground." Warren Buffett on opportunities in Korea http://bit.ly/g0YNgY # [Read More]
Moon Kook-hyun lecture at LSE: Korea and the Global Economy
An upcoming talk at the London School of Economics on Monday. At the time of posting this, no abstract is available: LSESU Korean Society Public Lecture: Korea and the Global Economy with Moon Kook-hyun Monday 21st March, 7pm New Theatre, East Building. This event is free of charge. All are welcome. Moon Kook-Hyun ran for … [Read More]