‘Tesco supermarkets create more jobs than mom-and-pop stores’
Lawmakers have recently attempted to regulate discount chains’ efforts to set up convenience stores in city centers as well as residential areas in the name of protecting mom-and-pop stores and ordinary people. However, Home plus Chairman Lee Seung-han said in a recent interview with The Korea Times that its neighborhood Home plus Express supermarkets are […]
Kim Jong-un likely to grab key titles in April
North Korea will convene a rare conference of its ruling Workers’ Party in April, its state media said Monday, during which analysts expect the Stalinist state will cement the power of its new leader, Kim Jong-un. The announcement by Pyongyang’s official Korean Central News Agency (KCNA) of the conference, the fourth of its kind, comes […]
WHO worries about non-communicable diseases in Pacific region
The World Health Organization(WHO) is worried about non-communicable diseases (NCDs) in the Pacific region, WHO Western Pacific Regional Director Dr Shin Young-Soo said here Monday. The WHO official expressed the worries while meeting with Fiji’ s Ministry of Health officials to look at challenges faced by the island nation and various engagement opportunities between Fiji […]
Pororo aims to be world’s beloved icon
Strategic marketing grabs global children Standing next to a Pororo statue, Ahn Ye-eun, 4, was jumping nonstop with excitement at a Pororo-themed park in Shindorim, southern Seoul. “She’s been speechless ever since she got here, she’s probably thinking she’s dreaming now,” said Yoo Jung-ran, 60, a grandmother who babysits Ahn and her brother, Hyun-sung, 7. […]
Let civic groups handle injustice
Capitalism suggests minimal state intervention in the market. The basic assumption of a free market economy has been challenged here after economic injustice issues such as the clash of interests between mom and pop stores and large retailers run by conglomerates happened. Corporations’ business activities have undercut the profits of owners of small stores, pushing […]
Household debt continues to climb
Financial authorities see Korea’s household debt mountain growing steeper in the coming months as banks continue to exploit the demand from families struggling to keep up with the rising costs of living. Amid increasing concerns that the historically high level of personal indebtedness is posing a serious threat to the country’s financial stability, the Financial […]
Bangladesh launches project to install 1 mln solar home systems
Bangladesh has launched a project to support the installation of 1 million solar home systems this year, mostly in the country’s rural areas where grid electricity is not economically feasible or hard to reach. Bangladeshi Prime Minister Sheikh Hasina Saturday evening launched the project under the patronage of the state-owned Infrastructure Development Company Ltd (IDCOL) […]
Philippine gov’t advises students to take up course related to emerging industries
The Philippine government urged on Saturday the college students to take up courses related to the needs of emerging industries where they stand a good chance of being employed immediately after graduation. The Philippine Department of Labor and Employment (DOLE) Secretary Rosalinda Baldoz made a call to prevent an increase on the country’s unemployment or […]
More Assets for Assembly v More Debts for Public
Korean lawmakers have 2.9 billion won (approx. 2.6 million USD) on average Every two out of three Members of the National Assembly of Korea have increased wealth over the past three years and especially nineteen (6.7%) of them have increased twofold. AsiaN investigated asset changes of 266 Members (except by-election winners) as of 17 February […]
Climate change may increase risk of water shortage in U.S. by 2050
More than one third of the counties in the United States could face a “high” or “extreme” risk of water shortage due to climate change by 2050, according to a study published Wednesday. The new study, carried in the Journal of Environmental Science & Technology, also concluded that 70 percent of the more than 3,100 […]
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