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Asia

Displaying all content tagged with the region Asia.
2004 Posts located

As 2005 wound down, the Six Party Talks appear stalled with the talks likely to resume no earlier than midJanuary. North Korean officials spent December deriding the new U.S. Ambassador…

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Region: Asia

May 25, 2011

After a record year in 2004 that saw foreign direct investment (FDI) inflows to Korea increase by 97.7 percent, 2005 saw a step back with a drop of nearly 10…

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Region: Asia

May 25, 2011

Red is a strong color. It is a color of passion, energy, power, and confidence. According to some studies, it can actually produce physical results, such as increasing the rate…

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Region: Asia

May 25, 2011

The world is about to experience a demographic revolution. Throughout history, the elderly population (people aged 65 and over) never amounted to more than 2−3% in any country. Today, in…

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Region: Asia

May 25, 2011

North Korea is putting on a tough face as the world confronts the COVID-19 pandemic. Authorities in Pyongyang continue to reassure the rest of the world that nothing is wrong…

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Region: Asia

Looking back on the Korean War, one might assume that the outbreak of a violent conflict that killed millions of people would preclude the possibility of a peaceful resolution of…

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Region: Asia

July 10, 2020

It would not be an exaggeration to claim that the Korean War shaped world history. There had been bloodshed elsewhere that bookmarked the start of the bitter conflict between the…

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Region: Asia

The international force that answered the United Nation’s call to defend the Republic of Korea between 1950 and 1953 did more than engage in combat with North Korean and Chinese…

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Region: Asia

June 26, 2020

What Happened The ruling Democratic Party’s presidential candidate Lee Jae-myung proposed another round of universal payments to help citizens overcome the economic challenges posed by COVID-19. However, Prime Minister Kim Boo-kyum and the government claimed that they do not have the capacity to provide another round of universal relief funds. A nationwide public poll showed that 60.1% of Koreans agree…

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Region: Asia

November 16, 2021

Observing the recent success of the TV show Squid Game on Netflix, many commenters suggest that the entry of multinational streaming platforms has been a net positive for Korea’s creative industry. The streaming platform has invested over USD 700 million into projects such as Kingdom and Sweet Home. For smaller Korean content creators, Netflix offers…

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Region: Asia

November 15, 2021

Korea’s real GDP increased 1.2% (saar) in 2021Q3, a significant slowdown from the first two quarters of the year, reflecting a decline in private consumption (table below). A tightening of social distancing measures since July, aimed at slowing a fourth wave of COVID-19 infections, reduced spending on “consumer-facing services”. For example, demand in the food…

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Region: Asia

November 12, 2021

What Happened One of South Korea’s major telecommunications providers KT suffered a nationwide outage on October 25, causing widespread disruptions to daily tasks that require internet connectivity such as virtual classes, food delivery orders, and stock trading. A National Assembly hearing five days before the incident questioned telecommunications providers about the quality of the network services. The government still intends to…

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Region: Asia

November 10, 2021