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East Asia
Samsung Heavy and Engineering to merge in succession move for new Lee heirs
By Joel Lee South Korean conglomerate Samsung Heavy Industries announced its plan on Monday to absorb Samsung Engineering in a $2.5 billion merger and acquisition process to be completed by Dec. 1. The stock exchange ratio has been set at 2.36 shares of Samsung Engineering per one Samsung Heavy…
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East Asia
How to solve the divided families between South and North Korea?
According to official statistics produced by the Ministry of Unification, as of 30th June 2014 there were 129,553 South Koreans registered as ‘members of divided families’. This is an official status and it means that the registered person is eligible to apply for a family reunion with their relatives in…
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East Asia
Should We Leave Fair Trade As It Is?
Every now and then in a coffee shop, we spot a product labeled “Fair Trade Product”. Fair trade is definitely a growing trend, though Asia is far behind European countries where the market size is already substantial. It is keeping up steadily, with diverse vibrant organizations promoting the good cause.…
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The next visit of Pope Francis
In 2005, North Korea’s state-run media announced Pope John Paul’s death April 5, three days after it occurred. UCA News reported that the Korean Catholics’ Association sent a condolence message to the Vatican, and a memorial Mass for the late Pope was held in Pyongyang, the North Korean capital, drew…
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East Asia
Korea shipbuilding companies take the lead
Korea’s shipbuilding companies reclaimed the number one spot beating China. As of 12, according to CLAKSONS Research, international research institution, said domestic shipbuilding companies’ amount of order is 1.399 million CGT (Compensated Gross Tonage) which exceeds the amount of order for Chinese companies (1.223 million CGT) An official from the…
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East Asia
Special Prize to a united effort to help SSangyong Motor workers
The Citizens of Sonjabgo’s Yellow Envelope Campaign Mrs. Bae Chun-Hwan and 25,403 others (as of May 12, 2014) Early this year, a woman sent a letter to a current-affairs magazine. She stated that she began writing after reading an article about the Supreme Court’s verdict in a damage suit filed…
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East Asia
What are four key features of woman’s attitude in the professional context?
It is crucial to identify the cultural and behavioral impediments that constrain woman’s genuine and steady access to leading positions in Morocco. From the macro perspective, the absence of genuine commitment to the adopted legal provisions, the fragmentation of involved institutions and their weak capacity along with the persistence of…
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East Asia
Gutenberg’s invention of metal movable type from Korea?
The Development of a Piece of Faction – <Gutenberg’s Joseon> Park Hyun-chan / Writer, CEO of StoryLogic What incident in the last thousand years impacted humanity the most? It depends, but the U.S. magazine <Life> selected the invention of metal movable type as the most influential incident of the history…
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East Asia
KOICA built 12 schools for free in Sri-Lanka
After, civil war in Northern part of Sri Lanka, the Korean government built 12 schools for free. KOICA(Korea International Cooperation Agency), a government aid organization, has spent $5 million to build elementary and secondary schools and additional facilities in Kilinochchi province which is located in the northern part of Sri…
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East Asia
17 Years of Continuing Popularity – Nanta Pounds On the World
The era of Hallyu, or Korean wave, has come. K-Pop has gone beyond idol music and swept the world with “Gangnam Style”. The thrilling rhythm and simple movement that could be easily imitated by anyone made the world dance. But 15 years before this “Psy Boom”, there was an original…
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