How far can English education go?
For decades, Koreans’ zeal for learning English has been incomparable. Parents spend more than 20 trillion won ($18 billion) each year on private education for primary and secondary school students and about a third goes to English language education, government statistics show. The amount does not include money spent on toddlers, college students and adults. […]
Appealing to consumers desires’ and fears
Marketers decieve to win business #1 In the TV commercial of an instant coffee mix, “French Cafe” from Namyang Dairy Products, famous actress Kim Tae-hee drinks the mixed coffee and whispers with a smile, “This is the right time to choose this coffee mix as long as you care about your health, because this contains […]
‘Ice age’ in the offing
Economy trapped in prolonged slow growth The Korean economy has entered a phase of prolonged slow growth where no major shocks exist but a myriad of small risks combine to undermine economic fundamentals at a gradual pace. Simply put, Asia’s fourth-largest economy is not likely to undergo a major crisis similar to the one in […]
Lecture hall named after Syngman Rhee in Princeton
Princeton University has dedicated a lecture hall in honor of Syngman Rhee, the first president of South Korea. The Syngman Rhee 1910 Lecture Hall was opened at the American university’s Woodrow Wilson School of Public and International Affairs in New Jersey on Wednesday. The Princeton University Korean Alumni Association initiated the dedication of a campus […]
Psy offers bridge across world
In Latin America, we all refer to Asia as the Very Far East, and for most, Korea is a remote place of which we only vaguely remember the 1988 Seoul Olympics. That was of course, until a few months ago, when it became clearer than ever that the boundaries of style and cultural appreciation are […]
More people on vegetarian diet
To become healthy, many people rely on dietary supplements. Tablets of vitamins ranging from A to E and comprehensive nutritional supplements, including iron, magnesium and other substances, are examples. But the paradigm of how people are taking care of their diet and the type of dietary supplements they take are changing. In terms of diet, […]
Psy overdid it
Psy has made Koreans proud with his global hit, “Gangnam Style,” but does this achievement spare him from blame for drinking during a concert on Thursday night? As a tribute to his fans, the singer performed in front of some 80,000 people at Seoul Plaza. The “trouble” began when some fans offered Psy a green […]
Samsung hits new milestone
Technology giant posts record operating profit of W8.1 tril. in Q3 Samsung Electronics said Friday that it posted record operating profit of 8.1 trillion won ($7.3 billion) in the third quarter of this year on the back of robust smartphones sales. It is the fourth straight quarter of record operating profit. The preliminary estimate for […]
‘Jeonse’ blues
Low earners struggle to find homes amid soaring rents Kim Ji-hye, a 37-year-old housewife in Hannam-dong, Seoul, is concerned as the “jeonse” contract with her landlord will soon expire and she will probably face a drastic rise in her deposit when renewing it. “I’m happy with my neighborhood as well as the house where I […]
We remember
It has been a year since Apple founder Steve Jobs died at the age of 56 after a long battle with cancer. Arguments are ongoing as to whether the innovation and dramatic changes in living habits and culture he initiated will continue. Early evidence from Korea, a nation fascinated with e-this and e-that, point toward […]