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Articles in Doing Business in Korea

Yahoo to Buy Into South Korean GMarket
Friday, 9 Jun, 2006 – 1:54 | No Comment

Yahoo is planning to pony up $60 million to buy a 10% share in South Korea’rs No 2. online retailer Gmarket.
South Korea has one of Asia’s fastest growing e-commerce industries.
Yahoo will buy its steak, I mean, …

Labor Leaders are Glad to See Hyundai’s Chief in Jail
Wednesday, 7 Jun, 2006 – 5:44 | No Comment

Labor leaders in Korea are not disappointed to see Hyundai CEO, Chung Mong Koo, take a fall.
What union leaders ( I hate unions ) hope for is that this will give Hyundai Motors a chanceto …

China Has No Corner on Greed in Asia – Daewoo’s Kim Woo Choong
Sunday, 4 Jun, 2006 – 5:11 | No Comment

China has its share of rich tycoons who have taken a dive.  I alluded to this in China Passes the UK.
South Korea’s Daewoo wants to be sure that everyone knows that they have their share …

Microsoft Never Sleeps
Sunday, 28 May, 2006 – 1:11 | No Comment

Microsoft never sleeps, I reckon.
Question: Where is Microsoft NOT involved in a law suit.
Regulators in South Korea have rejected MS’ appeal of an antitrust ruling and now MS must fight back.
"No way!" says MS with …

Wal-Mart Becomes E-Mart
Thursday, 25 May, 2006 – 2:34 | No Comment

I think it is interesting that Wal-Mart couldn’t make it in South Korea.
Shinsegae bought Wal-Mart out and changed the name to E-Mart. They decided to save money by only changing half the signs on the …

Wal-Mart Gets Bought Out by Korean Shinsagae
Wednesday, 24 May, 2006 – 3:22 | No Comment

Wal-Mart has been purchased by South Korean Shinsagae .
Wal-Mart is South Korea that is.
Wal-Mart said the will "focus their efforts where they can have the greatest impact on their growth strategy."
What that means is, they …

North Korea Couldn’t Hit the Side of a Barn
Friday, 31 Mar, 2006 – 14:08 | No Comment

Brendan Taylor of Asia Times says that North Korea is like a ‘neglected child." It acts out because it would rather be yelled out than ignored.
Meaning  – Washington needs to pay attention to its short …

They Have a Long Way to Go, but…
Wednesday, 15 Mar, 2006 – 11:07 | No Comment

Korea has a long way to go but they are headed in the right direction.
Last year Hyundai’s global sales climbed 10.8% to 2.5 million units. In the US, sales were up 8.7%.
Hyundai is studying …

We’re Number Two!
Tuesday, 14 Mar, 2006 – 17:44 | No Comment

What is the fastest growing internet search company in the world?
Google  right? Nope. Their stock climbed 103% in 2005. But there’s another company that grew more than twice as much.
It is Korea’s Naver . Their stock …

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