Newsletter

Old Controversies Suppressing Growth of Distribution Companies │ Hankyung Magazine

Mart opening hours restrictions, home shopping transmission fees, etc… Industry “It was right then, but it is wrong now” [비즈니스 포커스] As online shopping becomes the mainstream, the number of people who visit large supermarkets has decreased significantly. photo = Yonhap News “We made standards to protect local self-employed people and small business owners, but […]

A Word of the Week U.S. Treasury Secretary Janet Yellen Needs to Build a Stable Supply Chain through Korea-US Friendshoring │ Magazine Hankyung

U.S. Treasury Secretary Janet Yellen headed to LG Chem first during her two-day visit to Korea. Secretary Yellen visited LG Chem on July 17 and requested that South Korea actively participate in ‘friend-shoring’ promoted by the US. Joe Biden’s administration is focusing on building friendshoring in semiconductors and key minerals with allies in the European […]

IMF slightly downgrades global economic growth rate to 5.9% … Korea maintains

photo credit: Yonhap News The International Monetary Fund (IMF) and the International Monetary Fund (IMF) slightly lowered their forecasts for global economic growth this year to reflect the re-spread of COVID-19 and disruptions in the supply chain. In its ‘World Economic Outlook’ report released on the 12th local time, the International Monetary Fund (IMF) predicted […]