KH Explains In series
Major issues broken down to the basics.
#Explained
# Issues
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KH Explains In series
Major issues broken down to the basics.
Would you like to subscribe?
What’s behind unusual popularity of imported milk in Korea?
Despite mixed reactions to taste, nutritional value, consumers turn to lower price of imported milk Imported milk has been enjoying unexpected popularity in Korea recently, with the import volume more than tripling over the past three years alone. According to the Korea Customs Service, imports of p
Jan. 31, 2024 - 15:29:30
Private equity firms hunt for health care buyouts
Korean private equity firms are increasingly betting big on health-focused companies at home and abroad, in a bid to capitalize on the growth potential of the health care and wellness sector amid a globally aging population. In Korea alone, where accelerated demographic change is observed due to the
Jan. 29, 2024 - 15:37:49
From cafes to lumberyards, SMEs face risks as safety law expands
80% of all serious accidents happened at businesses with fewer than 50 employees, Labor Ministry says Expanded application of the workplace safety law is expected to have a substantial impact on the South Korean business community, as it holds employers with more than five workers legally responsibl
Jan. 29, 2024 - 15:25:51
Will OpenAI, Korean chipmakers team up to take on Nvidia?
Sam Altman’s 19-hour stay in Seoul prompts hopes for win-win partnership Sam Altman, the chief executive officer of OpenAI, visited Seoul last week to hold a series of meetings with top executives of Samsung Electronics and SK hynix, the world’s top two memory chipmakers, fueling speculation that th
Jan. 28, 2024 - 14:30:03
Assault on lawmaker reignites debate on teens‘ legal immunity
15-year-old assailant repeatedly claims that he is a “criminal minor” who is immune from punishment A Korean lawmaker fell victim to a brutal physical assault by a 15-year-old teenage assailant, who not only carried out the attack but repeatedly -- and incorrectly -- claimed immunity from legal cons
Jan. 26, 2024 - 17:52:46
Financing limbo threatens W30tr Polish arms deal
With April general election looming, National Assembly not moving on revision bill South Korea‘s ambitious multibillion-dollar arms export deals with Poland may be at risk, as the National Assembly continues to sit dormant on a bill that must be passed in order to for the deals to come through. Havi
Jan. 24, 2024 - 17:11:02
How Dior bag footage shook Korean politics
A Korean American pastor claims he wanted to expose first lady Kim Keon Hee abusing power via YouTube footage When a YouTube video of South Korea‘s first lady receiving a Dior handbag went viral last year, it initially made few waves in mainstream news media. In the weeks before April‘s general elec
Jan. 23, 2024 - 14:47:17
Why spot bitcoin ETFs remain off limits for Korean investors
Authorities wary about accepting crypto as underlying asset Local authorities‘ decision to keep the doors shut for exchange-traded funds linked to the price of bitcoin has led to concerns that Korea may be left behind by changing global financial trends. While the US Securities and Exchange Commissi
Jan. 17, 2024 - 16:08:38
EV tires: Profit surges, sustainability lags
Heavier weight and faster acceleration mean EVs get through tires more quickly – posing challenges and opportunities for tiremakers South Korea‘s tire industry is booming, with leaders Hankook, Kumho, and Nexen posting impressive financials, thanks largely to the surging demand for electric vehicle
Jan. 16, 2024 - 14:07:43
Korean defense firms aim big in US market
Hanwha Aerospace, Korea Aerospace Industries, LIG Nex1 look to score orders from world’s biggest military spender South Korean defense firms are seeking to break through into the US market, the biggest in the world, as the industry looks to carry on its export momentum. Hanwha Aerospace on Thursday
Jan. 7, 2024 - 16:04:33
Lukewarm EV sales offset by boom in hybrid cars
Carmakers hint at adjusting strategy for electrification, with renewed emphasis on hybrid vehicles With the yearslong electric vehicle boom showing signs of dying down, hybrid cars using a combination of electric and gasoline power are seeing a boost in sales in Korea. In the January-November period
Jan. 4, 2024 - 15:40:11
How young are ‘young’ CEOs in Korea?
Younger executives increasingly taking helm not just to spur innovation but also for chaebol system “Generational shift” has long been a buzz phrase in the year-end leadership reshuffle at Corporate Korea for years. 2023 was no exception. The nation’s conglomerates, especially the top four, have tou
Jan. 3, 2024 - 15:31:39
How will South Korea use its seat on UN Security Council?
South Korea embarked on its two-year tenure as a nonpermanent member of the UN Security Council as 2024 commenced, aiming to foster unified action on crucial security matters, including North Korea‘s nuclear buildup, amid ongoing discord among the five veto-wielding permanent members. South Korea‘s
Jan. 2, 2024 - 15:55:05
Nexon’s failed stake sale reignites dispute over ‘punitive’ inheritance tax
China’s Tencent, Saudi state fund cited as potential bidders to acquire W4.7tr stake, stoking fears of outflow of national wealth Controversy over South Korea‘s high inheritance tax has resurfaced as the government failed again in its tender offer to sell a 4.7-trillion-won ($3.62 billion) stake in
Jan. 1, 2024 - 17:01:19
Hyundai Motor aims to open era of flying mobility
Korean auto giant focused on developing advanced air mobility with US unit Supernal Flying cars have long been a fixture in science fiction movies. For Hyundai Motor Group, the vision of vehicles flying in the air is not just a whimsical idea anymore as the Korean auto giant appears determined to ma
Jan. 1, 2024 - 17:00:19
