Displaying all content tagged with the region Asia.
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Asia
On February 25, Lee Myung-bak was sworn in as the President of the Republic of Korea. In front of a crowd of some 60,000 gathered, including U.S. Secretary of State…
May 25, 2011
Korea is a tough economic competitor. Its meteoric rise over just 30 years from one of the poorest in the world to the ranks of the OECD helped earn Korea…
May 25, 2011
On December 19, the voters of South Korea elected Lee Myung-bak, the previous mayor of Seoul and a former business executive, to be the next president. The candidate of the…
May 25, 2011
Anyone who has spent time in the bustling streets of Seoul is familiar with the scene: commuters crowding into Daewoo buses, while salary men hurry home in their Hyundai sedans…
May 25, 2011
When Kim Jong-il died in 2011, the world held its breath as North Korea entered uncharted waters. No other communist dictatorship in the last century – for that matter no…
July 5, 2019
On June 25, 1950, North Korea launched a surprise invasion of South Korea and started a war that is still technically ongoing. But it was – as North Korea’s Kim…
June 28, 2019
The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…
June 14, 2019
In May, The Korean-born Los Angeles Dodgers’ pitcher Ryu Hyun-jin was named The National League Pitcher of the Month. When you think of Asians and baseball, you might think first…
June 7, 2019
On March 9, South Korean voters will select their next president for a five-year term. The South Korean constitution limits presidents to a single term, so there is no incumbent in the race. The presidential campaign is a contest between Lee Jae-myung, candidate of the progressive Democratic Party of current president Moon Jae-in, and Yoon…
January 20, 2022
What Happened: In January 2022, Indonesia announced a ban on coal exports. Indonesian coal accounts for 20% of Seoul’s total coal imports. In response, the South Korean government urged the Indonesian government to remove the ban on coal exports. Despite these actions, the South Korean government officially stated that Indonesia’s ban on coal exports would…
January 17, 2022
What Happened: The ruling party’s presidential candidate Lee Jae-myung announced his plan to raise income per capita to USD 50,000, elevate the country’s hard power, and reach KOSPI stock index of 5,000. Polling two days after this speech showed that Lee led the race with 36 percent against his main opponent’s 26 percent. According to…
January 17, 2022
Who will shape the digital market evolution? You might assume that it is the tech-savvy youths. But Korea shows that the “yold” generation (the young-old, born between 1946 and 1964) has much more to offer to the digital transformation than people presume. Likely to retire around 2025, this cohort will have disposable income worth around USD…