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Asia
January 4, 2024
December 19, 2023
November 30, 2023
November 30, 2023
Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign investors…
May 25, 2011
Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…
May 25, 2011
During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…
May 25, 2011
After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…
May 25, 2011
June 25, 2020 marks the 70th anniversary of the start of the Korean War. The conflict on the Korean Peninsula has been going on for so long that we sometimes…
June 19, 2020
2020 is starting off dramatically with the escalation of tensions in the Middle East – The world held its breath while the United States and Iran exchanged both blows and…
January 17, 2020
While it is frustrating to see North Korean projectiles flying out to sea and Pyongyang’s erratic, unpredictable reactions in negotiations, we cannot forget where things stood in 2017 – the…
November 22, 2019
30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…
November 8, 2019
On July 27, the Korea Central News Agency (KCNA) announced that “the top leaders of the north and the south agreed to make a big stride in recovering the mutual trust and promoting reconciliation by restoring the cutoff inter-Korean communication liaison lines through the recent several exchanges of personal letters.” The hotline was restored at…
August 4, 2021
The March death of Byun Hee-soo, a former soldier, underscores the challenges faced by LGBT Koreans. She had been forced out of the military because she underwent gender reassignment surgery. Legal protections for LGBT people are weak in South Korea, and they face significant social and political obstacles. Although the Biden administration has signaled its…
August 3, 2021
What Happened Last September, Google sought to force all apps downloaded from Google Play Store to use its billing system. Mounting criticism from app developers prompted Google to lower its commission rate for its billing system from 30% to 15% for app developers whose annual sales amount to less than USD 1 million. Recently, Democratic Party (DP) lawmakers pushed ahead with…
August 2, 2021
What Happened The Ministry of Trade, Industry, and Energy announced earlier this week to put some nuclear reactors back in operation to meet the public’s energy demand amid the ongoing heatwave. The government is also urging businesses and the public to roll back their electricity consumption as current demand threatens to outstrip supply. The increased demand for electricity has…