'Korea's rapid change poses great challenges to foreign firms'
HMP Law Chairman Hwang Ju-myung, center, answers during a Q&A session in Fleishman Hillard's Asia Pacific Leadership session in Seoul, Wednesday.By Oh Young-jin Today's Korea presents a unique set of challenges to foreign firms, thanks to a changing business environment, so they should understand the market better if they want to prosper in one of the world's most-vibrant economies, says a noted lawyer who has long advised foreign firms. In a speech Wednesday, Hwang Ju-myung, chairman of HMP Law, first talked about Korea's history of compressed development and its side effects. “Korea has a “can-do spirit” that lives in most Koreans,” Hwang told representatives of Fleishman Hillard, a global public relations firm, at its Asia Pacific Leadership session in Seoul. “This first came to the foreground in the 1970s and '80s, when the Korean economy developed enormously.“Now Korea is infused with the spirit of the 'Candlelight Revolution' that forced President Park Geun-hye out of office. Korean young people look at people like me and those of a simil
