New dictator, new businesses?
North Korea-related stocks continue rally amid overall market volatility Stock prices of companies that conduct business in North Korea are rallying amid growing signs that the Stalinist nation is embracing economic reform and anticipation that the severed economic relationship between the two Koreas will be revived. The share prices of firms with factories in the […]
Photo warnings to be put cigarette packs
Photos of body parts afflicted by smoking related diseases will replace the current written warning on cigarette packs from as early as next year. The Ministry of Health and Welfare said Monday that it was seeking to revise the National Health Promotion Law to curb the nation’s high incidence of smoking. Currently cigarette packs have […]
Samsung’s mobile messengers struggling
A foray by Samsung Electronics into the mobile messenger market seems unsuccessful despite attempts by the firm to promote its self-developed ChatOn. The electronics giant has been trying to use its superiority in smartphones to boost recognition of its messenger by providing it preinstalled in its handsets. Despite stellar sales of 15 million for the […]
7 in 10 multicultural students see themselves as ‘pure Korean’
Seven out of 10 children from multiracial families identify themselves as Korean, the latest study for better understanding of biracial families showed. The survey by the National Youth Policy Institute found that 73.4 percent of 1,502 biracial children responded that they’re a Korean citizen rather than a national of the country from which their parents […]
IBM Korea under probe for software bid rigging
Anti-trust regulators here are investigating the Korean unit of global technology firm, IBM, over suspicions of bid rigging, an industry source said Monday. IBM Korea colluded with resellers to manipulate bid prices to steer a lucrative contract to one of its partners in a Seoul Metropolitan Rapid Transit Corp. (SMRTC) project, the source told The […]
Horror in Yeouido
Brokerage houses in firing spree as business sours Brokerage houses are dramatically laying-off employees, as the bad economy continues to squeeze finances. Workers are obviously angry and so are customers, who question how the companies can attempt to promote optimism and encourage people to buy shares while corporate management in the industry is repeatedly hitting […]
China, Great Wall, and Korea
Benedict Anderson, in the important work on nationalism entitled “Imagined Communities,” discusses the use of media and other symbols and technologies to create nationalism in the 19th century. Just as we know the Great Wall’s “new segments” are a particular extension of China’s nationalist project, other nations have used similar constructions supported by institutional power […]
Amb. Oh Joon: Korea Needs to open and connected to world
Oh Joon, Korean Ambassador to Singapore, said that Korea needs to emulate Singapore in opening up and getting connected to the world. In an exclusive interview with The AsiaN, he noted that both Korea and Singapore have come a long way from their penury ridden stature in the sixties (60s) to this stage that they are among […]
Tourists from North America Die in Vietnam
Cathy Huynh was a Canadian teacher who taught in Korea died mysteriously from food poisoning. You can contribute to www.gofundme.com/z81i8 to help send her body back home. Kari Joy Bowerman was an American teacher teaching in Korea. You can contribute to her funeral costs at www.giveforward.com/karisarmy. Both were close friends. They both shared a room […]
Generic Viagra market overheated
The domestic pharmaceutical industry is struggling with the fallout of the American pharmaceutical firm Pfizer’s setback in the domestic anti-impotence drug market. Nearly 50 kinds of Viagra generics from 28 companies have flooded the market following an Intellectual Property Tribunal’s ruling in May that Pfizer’s patented rights to use sildenafil, a chemical substance essential to […]
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