Displaying all content tagged with the region Asia.
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Asia
As the U.S. economic crisis was just getting off the ground, many analysts claimed Asia would be relatively immune to the impact because its economies had “decoupled” from the United…
May 25, 2011
Given the growing importance of East Asia to global stability and prosperity, sustaining the five U.S. treaty alliances in the region—Japan, the Republic of Korea, Australia, Thailand, and the Philippines—will…
May 25, 2011
On 30 June 2007, U.S. and South Korean trade officials signed the U.S.- Korea Free Trade Agreement (KORUS FTA). The two countries reached the agreement after 10 months of very…
May 25, 2011
On 1 April 2007 Korea and the United States finally completed their year-long negotiations to conclude the Korea- U.S. Free Trade Agreement (KORUS FTA), which was then signed by the…
May 25, 2011
Not everyone in Korea or foreigners abroad want to hear about national advertising initiatives that focus on mainstream issues like K-Pop, Hallyu or ancient Korean Kimchi culture. Instead, many want…
January 24, 2013
On January 11, 2013, the Korea Economic Institute of America recently led Washington DC’s celebration of Korean American Day by hosting a luncheon event to honor two Korean Americans for…
January 17, 2013
With North Korea announcing to the world that it will be attempting to launch a second satellite for 2012, many analysts have been speculating as to why Pyongyang is so…
December 7, 2012
In this episode we spoke to The Economist’s South Korea correspondent, Daniel Tudor. Having been based in Korea for over a decade, Tudor has just finished writing one of the…
November 26, 2012
What Happened South Korea will ease entry restrictions for migrant workers as long as they have been vaccinated and have negative COVID test results. Small and medium-sized businesses in rural Korea have complained about labor shortages due to the sharp drop in the number of migrant workers during the pandemic. In 2020, the death of a Cambodian migrant worker on a…
November 9, 2021
Heads of government of the world’s 20 largest economies met in Rome for their annual G20 economic summit last week. The G20 member countries together account for more than 80% of the world GDP, 75% of global trade, and 60% of the world’s population. Although the organization’s 2020 summit was held virtually because of the…
November 5, 2021
According to the statistics from Korean Customs Service, Korean food product exports reached a record high with USD 4.3 billion shipments in 2020. This largest-ever increase in food exports (14.6%) came despite an overall decrease in total Korean export goods. In particular, the export of rice products and ramen soared by 53.3% to USD 37 million…
November 4, 2021
What Happened In March, the municipal government of Seoul ended its mandate for all foreign workers to be tested for COVID-19 after drawing criticism from lawmakers, activists, and foreign embassies. Observers commented that local health policies targeting Korea’s international community may harm the country’s engagements abroad. Ahead of Halloween, the Ministry of Health and Welfare announced plans to make special inspections…