2004 Posts located
The Democratic People’s Republic of Korea (henceforth North Korea) certainly seems to like being different from other countries. Whereas governments of virtually all the world’s countries regularly publish data on…
Recent developments on the Korean peninsula are raising expectations that the DPRK may finally be ready for a new era of political rapprochement and economic opening. This possibility is reflected…
The United States and Korea finished the eighth round of negotiations for a bilateral free trade agreement (FTA) in mid-March 2007, and the agreement is likely to be concluded eventually.1…
The U.S.-ROK bilateral economic relationship entered a new era 1 April 2007 when President George W. Bush notified the U.S. Congress of his intent to enter into a free trade…
Korean Kontext recently spoke to Gordon Flake of the Mike and Maureen Mansfield Foundation for a conversation about Korea’s rising prominence as a “middle power”. Focussing on South Korea’s rapidly…
62 years ago on this day of June 25, hostilities broke out on the Korean peninsula. It was a conflict that ended only due to what everybody thought would be…
Korean Kontext caught up with Man Asian literary prize winner Shin Kyung-sook for a chat about her latest novel, “Please Look After Mom”. Shin became the first woman and South…
In this special episode, Korean Kontext had the opportunity to speak to South Korean Minister for Trade, Bark Taeho, during his latest visit to Washington DC. KEI’s Vice President, Dr.…
What Happened A July 2021 report from the Bank of Korea showed that housing prices in the country have surged by 47% since 2017. The Moon administration implemented a series of regulations over the past four years to cool the overheated housing market. The central bank chief expressed concerns that low interest rates - adopted to cope with the…
During the height of the COVID-19 pandemic, South Korean music studios adapted to the public health crisis by moving K-pop concerts online. Building on the initial success of these online concerts, Korean entertainment giant CJ ENM aims to deliver an even more ambitious service to a global audience and potentially break into the platform industry…
What Happened Following a highly publicized bribery conviction, Samsung Electronics Vice Chairman Lee Jae-yong was released from prison on parole. This ruling follows the acquittal of two executives at SK Chemical and Aekyung Industrial Co despite the sale of harmful products. In addition to these companies playing an essential role in maintaining a trade surplus, many average Koreans are…
What Happened Late last month, the two Koreas restored communications lines 13 months after Pyongyang cut off all communication lines to Seoul. North Korean leader Kim Jong-un’s sister Kim Yo-Jong warned that conducting an annual summertime U.S.-ROK joint military exercise would hamper efforts to rebuild trust between the two Koreas. Despite the warning, South Korea decided to continue the military exercise…