What's Up Korea?

Welcome to my news blog. I will let you guys know the truly dynamic aspect of Korea. Please be interested and animated!

Wednesday, December 12, 2007

- Korea rank the last in the surveyed 16 countries including Japan, China, America, Israel, Germany, and France, in negotiation skills, a study by KOTRA revealed.

- In the second round of TV debate of presidential candidates yesterday, the word ‘BBK,’ unlike the first debate, didn’t come out at all. It seems that candidates think seemingly endless attacks on the frontrunner don’t help them gain voters’ hearts and minds.

- One in five Japanese company voices concern over possible bubble burst in the Korean economy, a KORCHAM survey on 340 Japanese companies based in Korea shows. Unstable labor-management relations, high salary, and rising won are all pointed out as a factor challenging the Korean economy.

- For the last six days before the election day, opinion poll results can’t be made public by election law.

- As of March this year, 31.9 per cent or 2,928 elementary schools closed due to diminishing number of children. Which translates into that one in three elementary school disappeared.

- The court ruled that Psy (싸이), a singer and producer, should rejoin the army. He worked in an IT company on an alternative military duty, but later was revealed that he didn’t properly worked there and instead continued singing career and had concerts.

- Actor Bae Yong-jun will donate W320 m to Taean, the oil-spill-stricken area, said his management company.

- Kim Yoon-kyu, vice CEO of Acheon Global Corporation and former vice CEO of Hyundai Asan, has embarked on an aggressive inter-Korean business. After his visit to Pyongyang on December 5-8 by road, he told reporters he had expansive talks with North Koreans about international funds, businesses, and infrastructure construction. Acheon is currently working on logistics center construction near Kaesung, inter-Korean construction committee foundation, North Korea mining business, and North Korean labor export business.

- The Gun and ammunition stolen from soldiers in Kanghwa were found under a bridge near Paekyang temple in Jellanamdo.

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