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Reporter : Kim Jae-kyoung
Tue, February 27, 2024 | 08:53
OKTA chief vows to nurture global business leaders
The World Federation of Overseas Korean Traders Associations (World-OKTA) will play a key role in fostering global business leaders by helping young Koreans start businesses abroad, said World-OKTA President Park Ki-chool. “We will place a top priority on providing support for young Koreans at home and abroad to find a way to open new businesses and find jobs abroad,” Park sa...
OKTA enhances support for SME exports
The Korean economy faces mounting challenges as protectionism is set to change the dynamics of the global economy and business landscape. At a time of uncertainty in the global environment, it is urgent for the country to find new growth engines and open new markets abroad. The country needs to retool its economy by fostering globally-competitive small- and medium-sized enter...
Moon should seek bigger role in N. Korea resolution
President Moon Jae-in should play a leading role in seeking a solution to North Korea’s nuclear brinkmanship, according to James D. Bindenagel, a Germany-based international security expert. He pointed out that since Seoul is best placed to analyze whether North Korean leader Kim Jong-un will give up his nuclear program, and what it would take to achieve that result, U.S. Pre...
Korea should shift to `Fourth Industrial Revolution 2.0'
President Moon Jae-in should speed up the shift toward the Fourth Industrial Revolution by revamping the creative economy centers initiated by the previous administration, said Choi Won-sik, managing partner of McKinsey & Company Korea. He said Moon should not drop every economic project his predecessors created just to distance his administration from previous ones. “The new...
Korea needs political coalitions against China
SINGAPORE - President Moon Jae-in should seek ways to unite forces with other big economies in Asia to deal with the growing influence of China, said Antonio Fatas, professor of economics at INSEAD. His advice comes as China, the world’s biggest consumer market, is taking the leading role in reshaping economic integration in Asia. “China is trying to increase its influence ov...
[Jeju Forum 2017] Journalists to discuss ASEAN-Korea ties
Senior editors from major newspapers in four member countries of Association of Southeast Asian Nations (ASEAN) will gather at the 12th Jeju Forum for Peace and Prosperity to discuss the future of ASEAN-Korea cooperation. The Korea Times and Jeju Peace Institute will co-host the ASEAN Journalist Roundtable to mark the 50th anniversary of ASEAN on the sidelines of the Jeju For...
Moon should attract more foreign talent
For President Moon Jae-in, one of the key economic tasks during his term is to foster global talent and transform South Korea into an innovative economy. This is not only to reform the structure of the economy but also to brace for the Fourth Industrial Revolution that is disrupting the way we work and do business. To this end, Alicia Garcia-Herrero, chief Asia-Pacific econom...
Moon needs 'carrot and stick' for N. Korea
President Moon Jae-in should utilize the right balance of “carrot and stick” to make North Korea behave, according to Tara O, an adjunct fellow at the Pacific Forum CSIS (Center for Strategic and International Studies).
AMRO advises President to overhaul economy
SINGAPORE - Korea is suffering from lethargic growth, with no signs of picking up in the near future. The economy is losing vitality, with exports losing growth momentum and domestic demand staying in the doldrums. The problem is that this is not just a passing or cyclical downturn but the beginning of a long-term structural slowdown. This means that without structural reform...
Moon should develop long-term policy on N. Korea
President Moon Jae-in should map out a long-term strategy on North Korea as the reclusive country will never give up its ambitions to become a nuclear weapons state, according to a former U.S. State Department adviser. “It seems that Moon must settle and coordinate with the Trump administration what the next actions will be should North Korea decide to launch another missile ...
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