A Significant Increase in Minimum Wage in Korea
On July 15th, the Korean government announced the minimum wage of 7,530 won per hour starting 2018, up 16.4% YoY. This represents one of the...
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Company Visit: Gwangju Shinsegae(037710.KS)
We recently visited Gwangjushinsegae Co Ltd (037710 KS) with a market cap of W396 billion, located in Gwangju in the southwest of Korea. Gwangju...
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Amazon Ready to Start E-Commerce Service in Korea: Biggest Event in the Korean Retail Sector in 2017
We believe that Amazon is ready to start the e-commerce service in Korea after more than a decade of waiting. Although the company has yet to...
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Capitalism in Korea: This Book's Top Seven Highlights & My Thoughts (Devil Is in the Details)
Capitalism in Korea is a lengthy book written by Jang Ha-Sung, the newly-elected Chief of Staff for Policy in Korea. Jang Ha-Sung has been a key...
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MBK Pulls Off Another Buyout Deal - Modern House from E-Land Retail
ELand Retail (ERETLZ KS) finally agreed to sell "Modern House" to MBK Partners for ₩700bil ($626mil). Modern House sells home furniture along with...
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