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FTA opportunity for Korean logistics providers

On March 15, 2012, Korea’s free trade agreement (FTA) with the U.S. took effect. However, public opinion in Korea on the benefits of this agreement is still not settled. Nevertheless Korean industries such as electronics, pharmaceuticals and automakers look forward to benefit from the agreement as they expect an increase…

Society

‘We are unkind hosts to foreigners’

Are Koreans ready to embrace multiculturalism? A survey shows that there is a long way to go before the Confucian-steeped country becomes a truly multicultural society. A government-sponsored survey showed that only a third of Koreans agreed to the coexistence of various races, religions and cultures. The latest case in…

Politics

Post-election purge in ruling Saenuri

Unethical, unscrupulous lawmakers-elect targeted Kim Hyung-tae, a lawmaker-elect of the ruling Saenuri Party, decided to leave the party Wednesday amid mounting criticism over his ethically-flawed behavior in allegedly attempting to sexually assault the wife of his deceased brother. The would-be lawmaker’s move comes at a time when the ruling party…

Will Ahn Cheol-soo throw hat in the ring?

Fresh from the hectic April 11 parliamentary elections, the political sphere has turned into another battleground. This time, it is all about who will become the nation’s next head of state. Attention is now turning to software mogul-turned professor Ahn Cheol-soo. He has long been regarded as one of the…

Business

Samsung, Apple may make up

Top executives of Samsung Electronics and Apple will soon meet to seek a compromise on the patent war that has lasted more than a year. “Samsung can confirm that our CEO Choi Gee-sung will meet Apple CEO Tim Cook, though the exact time and place haven’t been decided yet,” said…

Column

Bangladesh railway minister resigns for bribetaking

DHAKA, Bangladesh– Railway Minister Suranjit Sengupta, who stirred wide controversy in connection with the recovery of huge amount of bribe money, has finally stepped down taking ‘full responsibility’ for the recent cash scandal involving his personal staff. Suranjit, a high profile political leader of ruling Awami League , who…

Politics

China’s reaction to NK rocket launch

People are wondering how China react to a series of events which took place in North Korea including failed missile launching and centennial celebration of Kim Il-sung’s birth. Besides official announcement by Chinese government, many Chinese news media carried their commentaries related to what has happened in North…

West Asia

Major news in Lebanon on Apr 18 2012

Top news in <Dailystar>: After talks with Mikati, public drivers delay strike news@theasian.asia

West Asia

Major news in Saudi Arabia on Apr 18 2012

Top news in <Arab News>: Higher education meet opens in Riyadh news@thesian.asia

South Asia

Major news in Nepal on Apr 18 2012

Top news in <eKantipur>: Leaders seek 5 more days to settle issues news@theasian.asia

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