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Park Geun-hye’s party loses in local elections
President Park Geu-hye’s Saenuri Party appears to have lost the local elections held nationwide on Wednesday. According to exit polls conducted by local broadcasters, candidates for Seoul metropolitan region including Seoul, Gyeonggi Province, and Incheon lost by a margin as of 18:00, Korean Standard Time. The winning main opposition New…
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East Asia
N Korea’s reporting on collapse of Pyongyang apartment
On 18th May 2014, the Korean Central News Agency (KCNA) released an unusual report in which they admitted that a 23-storey apartment building had collapsed in downtown Pyongyang. The official report also admitted that some unlucky inhabitants of the apartment had been killed as a result, though there were no…
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East Asia
Shall “Daum Kakao” merger create synergy? (2)
With the advent of “Daum Kakao” merger, the question still remains as to whether the incorporation could bring about the expected synergy. It further remains to be seen whether or not the merger could threaten Naver’s dominance in industry. Concerning this issue, even among Kakao and Daum’s ranking officials, there…
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East Asia
Shall “Daum Kakao” overcome Naver?
The merger of Daum and Kakao will take place on October 1st Shall Daum and Kakao defeat their overwhelming rival Naver? On Monday, Daum and Kakao joined hands to overtake their superior Internet competitor Naver. However, it remains to be seen whether their efforts could bring fruit and “create synergy”…
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East Asia
Daum takes over Kakao
Messenger firm scrutinized over back-door listing Daum Communications, the nation’s second-largest web portal, announced Monday it will acquire Kakao, the operator of the nation’s top mobile instant messenger service, foretelling an upheaval in the local mobile and Internet industry. As a result of the stock swap arrangement which is expected…
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East Asia
AJA and TEPI Korea to publish ‘Asian Review of Youth’
On May 19th, 2014, former President Sang-Ki Lee of the Asia Journalist Association(AJA), Publisher of Magazine N and President Gang Ryol Lee of TEPI Korea agreed to hold a meeting to discuss the publication of the Asian Review of Youth(AROY) journal. The agreement was signed at the N editorial office…
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East Asia
SAMSUNG dominates Pakistan’s consumer electronics market
As I received report about the demise of SAMSUNG chief Lee Kun-hee a few days back, I recalled my visit to SAMSUNG Town in Seoul during South Korean tour on the invitation of Asia Journalists Association in 2007. Name of this company was familiar to me but I had no…
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East Asia
Can KBS be free from Chong Wa Dae?
KBS employees demanding boss’s resignation Hundreds of the Korean Broadcasting System(KBS) reporters, editors and producers started boycotting their work starting May 19, after a voting result was released supporting the boycott. Amid an abnormal state of broadcasting by the KBS, its employees demanded resignation of their president Gil Hwan-young, alleging…
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East Asia
China, the guest of honour, shines
Art Paris Art Fair 2014 At a walking distance from The Avenue des Champs-Élysées and the Seine river, in a quiet and prestige area, the Art Paris Art Fair opened its doors to the public from the 27th to 30th March 2014. One day before the opening, dozens of artists,…
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East Asia
[Asia Round-up] Xi Jinping’s visit to Europe– economic diplomacy?
For the European Union, what was truly remarkable about Xi Jinping’s four-nation tour of Europe (The Netherlands, France, Germany and Belgium) was the efforts that the Chinese President made to visit the key EU institutions in Brussels and to meet with its top leaders – President of the European Council…
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