Park Geun-hye’s party loses in local elections
President Park Geu-hye’s Saenuri Party appears to have lost the local elections held nationwide on Wednesday. According to exit polls conducted by local broadcasters, candidates for Seoul metropolitan region including Seoul, Gyeonggi Province, and Incheon lost by a margin as of 18:00, Korean Standard Time. The winning main opposition New Politics Alliance for Democracy will […]
Shall “Daum Kakao” merger create synergy? (2)
With the advent of “Daum Kakao” merger, the question still remains as to whether the incorporation could bring about the expected synergy. It further remains to be seen whether or not the merger could threaten Naver’s dominance in industry. Concerning this issue, even among Kakao and Daum’s ranking officials, there appears to be less than […]
Shall “Daum Kakao” overcome Naver?
The merger of Daum and Kakao will take place on October 1st Shall Daum and Kakao defeat their overwhelming rival Naver? On Monday, Daum and Kakao joined hands to overtake their superior Internet competitor Naver. However, it remains to be seen whether their efforts could bring fruit and “create synergy” as the two merged companies […]
Can KBS be free from Chong Wa Dae?
KBS employees demanding boss’s resignation Hundreds of the Korean Broadcasting System(KBS) reporters, editors and producers started boycotting their work starting May 19, after a voting result was released supporting the boycott. Amid an abnormal state of broadcasting by the KBS, its employees demanded resignation of their president Gil Hwan-young, alleging that Gil played the stooge […]
China’s powerful “threats” felt in South China Sea (2)
The statement issued by the ASEAN leaders said that “The Asian bloc is set to lend its full support to a peaceful resolution through dialogue and in full respect of democratic principles and rule of law.” This mentions only broadly the principles in resolving regional issues. This might be interpreted to mean that Thai’s internal […]
Tensions in South China Sea mounting over Chinese oil rigs (1)
Vietnam and Philippines directly involved, ASEAN countries cautious Amid physical clashes, calls for peaceful resolution rising An “inescapable” maritime dispute between China vis-a-vis Vietnam and the Philippines flared up in the South China Sea over China’s recent setting up of oil rigs, leading to China’s firing of water cannons and Vietnam’s appeal for patriotism movement. […]
Post Lee Kun-hee structure at Samsung?
How shall Samsung business group overcome the shock of Lee Kun-hee’s heart attack? Lee has been leading the Samsung group with his charismatic leadership until now. He has pushed the ‘Mach’ management and he has been the real leader of the group in every aspect of the conglomerate. However, his over-the-weekend heart attack raised anew […]
Overall Review of Global Papers’ Editorials
For a couple of days I have read through several newspapers and checked what they editorialized about. Considering that the abduction of schoolgirls has been a hot topic over the world for several weeks, it was understandable that the New York Times touched on this issue. It is an issue concerned with very fundamental human […]
Guy Sorman’s Special Lecture on “Philanthropy and Welfare” for IGE
On April 03, the distinguished French scholar delivered a special lecture on “Philanthropy and Welfare” as part of IGE’s Distinguished Lecture Forum. The following is an excerpt prepared by the Institute of Global Economy(IGE, Sakong Il). The Asia N postes the excerpt with some revisions. Thanks owed to IGE. -Editor’s note- With a focus on […]