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Monthly Archives: May 2012
Gov’t mulls price hike to curb electricity usage/Public corporations face operating losses, large debt
Cheap electricity prices are like holding a bomb that could go off anytime. Continue reading
Private labels no longer second class
Korean consumers, known for being very brand conscious, are increasingly open to less conspicuous consumption of cheaper items. Continue reading
Posted in Doing Business in Korea, Economy, Marketing, Society
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Korea becomes proving ground for products
Multinationals are also increasingly exploiting the technology and ideas of their local units Continue reading
Posted in Doing Business in Korea, Marketing, Selling, Society, Technology, Trade
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Samsung Heirs Stage a Korean Soap Opera
“These guys are better than Korean soap operas,” Tom Coyner, a management consultant based in Seoul. Continue reading
Posted in Economy, Management, S Korea Economy, S Korean Politics
Tagged chaebol, family, Korea, Samsung, South Korea
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Catering to Caviar Tastes From an Unexpected Place
Caviar being is increasingly being served at banquets in South Korea. This may explain why. Continue reading
Posted in Doing Business in Korea, Marketing, Russia, S Korea Economy, Trade
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With Wal-Mart Claims, Greater Attention on a Law
While this clean business movement has hardly eradicated corruption, it has contributed to reducing unethical business behavior. Continue reading
Posted in Doing Business in Korea, Legal, Management, S Korea Economy, S Korean Politics, Selling, Trade, USA
Tagged Ant-Foreign Corruptions Act, bribery, corruption, ethics, Korea, South Korea
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Holy [dead milk] Cow, Batman! Where are our candles?
“When the going gets weird, the weird turn professional.” Continue reading
Posted in Doing Business in Korea, Marketing, S Korea Economy, Selling, Trade, USA
Tagged beef, candle, Korea, mad cow disease, South Korea, trade, US
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Getting married in South Korea? Bring a lot of cash!
Most Koreans acknowledge that this wedding extravaganza aspect of contemporary culture has gotten out of hand, but… Continue reading
Posted in Coyner's Op-Ed Essays, Doing Business in Korea, Marketing, S Korea Economy, Society
Tagged consumer, Korea, marriage, South Korea, trend, wedding
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Samsung Posts Record Profit
Imbalance of technology over product marketing may prevent Samsung from moving up from a solid Number Two ranking. Continue reading
Posted in Doing Business in Korea, Management, Marketing, S Korea Economy, Selling, Technology, Trade
Tagged Apple, chaebol, Korea, profit, Samsung, South Korea
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