April 22, 2008 – 11:48 am
Or so says Yonhap.
Update:Or does he? I have been admittedly turned a rather jaded eye to the whole Samsung thing, half expecting Lee to play the “Hospital Card”. Something caught my eye.
Who will control Samsung now? The literal heir apparent is Lee Jae-yong, Kun-Hee’s son who has been groomed for quite a while. However, the [...]
You know it’s not a good sign when the guy you signed on to make your country a “hub” renews his contract, but decides it best he work outside the “hub”.
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A few years ago I visited an old friend of who used to work in Korea but relocated to Hong Kong. On the flight down I was given a foil envelope of kimchi with my meal. As a bit of lark I put it in my bag to give to him (he already asked me [...]
A couple mundane business stories get odd when compared side by side. What can you make of these two:
Major banks are making inroads into the riskier consumer financing market to provide loans to those who have difficulty in getting loans due to credit problems, drawing mixed reactions from consumers and analysts. - Korea Times, April [...]
Samsung is doggedly sponsoring the Olympic Torch relay. I wonder if they will be hit by shrapnel in the wake of the chaos surrounding it.
I do not know why, but this really pisses me off. Excuse me for being a little impolite, all my snarkiness went to the title.
At the time the Korean-US FTA was agreed to, Korea got some resolution to one of its pressing issues. The US agreed to make Korea part of its visa waver program [...]
March 14, 2008 – 12:02 pm
This is giving me a headache. You know somebody got millions of won to pitch an idea like that. Somebody should tell Samsung, KT&G, and others that if your name means everything it really means nothing. Besides, how the heck do you get “Challenge to the Top” from “C&T”?
UPDATE
Speaking of things that mean everything so [...]
Given the recent history of its chairman Kim Seong-yeon and his “unique” crisis management skills (let alone his skills in determining what IS a crisis), I find amusing the consternation of a Hanwha spokesperson on being assigned one of Fortune magazine’s least admired companies in the world:
“We can hardly understand this article, which lacked the [...]
Somebody is either smarter than I expected, or reading this blog. Yesterday the government announced measures to fight inflation. Among them are reducing some tariffs on food products.
While I find it a good step, I find it curious at the same time the exact products and their new tariffs are not given. As I noted [...]
Sorry, I cannot stop laughing to start this post. I think I just might pee my pants.
Many around me are disappointed I have not drank the Lee Myung-bak Kool-aid. Much like Obama-maina in the US at the moment, Lee is supposed to be “break” from the past, and more importantly is “different” then all before him. Somehow Lee is to waive a magic wand and cure all the problems with South [...]
February 11, 2008 – 6:07 am
I am now happy with the prostitution laws after this story pushes my mirth level past the needed quota.
January 2, 2008 – 3:23 pm
A quote from the Chairman of the Federation of Korean Industries, Cho Suck-rai,(their phonetics, not mine) that inadvertently singed my nose this morning as I drank coffee:
The new government should establish a stable society where the market economy is respected and law is observed.
I could snipe and point out how staunchly the FKI defended this [...]
January 2, 2008 – 6:43 am
Apparently he was serious. Lee is trying to find his prime contractor for the canal project.
December 24, 2007 – 12:50 pm
Since the Marmot nicely gives me a bigger megaphone than the comment line, I thought I would breathlessly give my thoughts on recent election as the rest of the contributors have done, or will do.
First, I really got to say something about the campaigns. If I needed any more reason and a vote, Chung Dong-young [...]
November 20, 2007 – 11:05 am
The Kim Kyung-jun case is not really well chronicled here. I have only half paid attention to it since it suspiciously looks like a smear campaign, and because, let’s face it, “corruption” stories in Korean newspapers might as well be weather reports (morning light extortion and influence peddling, leading to bribes and price fixing in [...]
November 13, 2007 – 11:50 am
Fake art degrees? Government officials calling themselves national heroes to cash in? Chairman of the Independent Commission Against Corruption taking bribes from the sad clown? Just to show things can get sillier, check out the fake belly-dancer in Kwangju.
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November 8, 2007 – 8:09 am
I hate it when people are predictable. Anyone want to start up a betting pool on when Lee Kun Hee will be in the hospital for “stress” or whatever they call it to avoid jail/investigation? Those of you with longer memories will remember he went to the US for “health” reasons the last time the [...]
November 3, 2007 – 12:46 pm
I usually discard the “cultural differences” trope, especially in business. Most conflicts arise for specific reasons that would arise no matter what the culture. That all said, this guy really, really, really should not have joined the senior ranks of a Japanese company.
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October 20, 2007 – 7:09 pm
The crack Samsung PR department strikes again. They give us another delicious juxtaposition, this time in the Chosun Ilbo, and it includes the obligatory comment from Samsung CEO Lee “Sandwich” Kun-hee:
Corporate Culture at Samsung Is Changing
…The Samsung Group is leading the way in improving corporate culture because of a realization that the “creative management” stressed [...]
