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Thu, September 21, 2017 | 05:15

Opinion > Reporter's Notebook >

[Reporter's Notebook] Lock&Lock deal stirs up controversy

Lock&Lock founder and CEO Kim Jun-il has come under fire over his recent decision to sell the 39-year-old Korean company to Affinity Equity Partners (AEP), one of Asia’s largest private equity firms (PEF) based in Hong Kong. The Seoul-based plastic container maker announced last Friday it signed a contract with the PEF to sell a 63.56 percent share held by the CEO and his fam...

Reporter's Notebook | 2017-08-27 16:32

[Reporter's Notebook] Blizzard's greed may kill 'StarCraft' again

For those in Korea who are in their late 20s to early 40s, “StarCraft” was one of the most loved and influential computer games for a long time. Following its launch in 1998, the computer strategy game has made a dramatic return. An upgraded version, “StarCraft: Remastered,” was launched globally Aug. 15 with ultra high-definition graphics and an improved online matchmaking system.

Reporter's Notebook | 2017-08-16 16:03

[Reporter's Notebook] Franchise association hit for vague promises

It was more like a lecture, a reporter said during a press conference at the Korea Franchise Association’s (KFA) head office in Seoul, Thursday. At the press conference, the KFA was initially expected to come up with plans to reform the nation’s franchise industry, which has recently faced public criticism over a series of scandals. Prof. Choi Young-hong of Korea University, ...

Reporter's Notebook | 2017-08-10 16:43

[Reporter's Notebook] Time for multi-agency coordination, interdependence

In the movie, “Too Big To Fail,” there are scenes where Treasury Secretary Henry “Hank” Paulson and Federal Reserve Chairman Ben Bernanke are discussing potential measures they need to take in response to the fallout of subprime mortgages. Over breakfast and meetings, the two leaders in finance are trying to pick each other’s brains to come up with the best solution that can ...

Reporter's Notebook | 2017-08-03 19:12

[Reporter's Notebook] Is President taking vacation or not?

President Moon Jae-in has drawn attention over his summer vacation this week because he promised to take all of his paid leave - 21 days this year - to encourage people to use their leave fully for work-life balance. Cheong Wa Dae officials said the President would do nothing but rest, go for walks with his wife and relax for a week, which gained a positive public response. B...

Reporter's Notebook | 2017-08-03 16:48

[Reporter's Notebook] POSCO, KT's exclusion raises doubts

The Moon Jae-in administration is facing criticism from the country’s business circle for excluding POSCO and KT chiefs from a business delegation which will accompany him on a visit to the United States next week. The Korea Chamber of Commerce & Industry (KCCI) announced the list of 52 entrepreneurs Friday, which had gained Cheong Wa dae approval. In addition to KCCI Chairma...

Reporter's Notebook | 2017-06-23 17:48

Presidential adviser Moon Chung-in, watch your language!

President Moon Jae-in’s special adviser, Moon Chung-in, said Wednesday it was hard to understand why his remarks made in Washington caused such a huge stir. He said this to reporters who were waiting for him at Incheon International Airport to ask about the controversy over his recent proposal to reduce the scale of the South Korea-U.S. joint military exercises if North Korea...

Reporter's Notebook | 2017-06-21 16:43

[Reporter's Notebook] S. Korea is not America's marionette

[Reporter's Notebook] Louis Vuitton criticized for chairman's attitude

Korean reporters inevitably played hide-and-seek with LVMH Chairman and CEO Bernard Arnault, during his two-day stay here. The chairman came to Korea, Wednesday, to check the “Volez, Voguez, Voyagez - Louis Vuitton” exhibition, which opened Thursday and will run through Aug. 27 at the Dongdaemun Design Plaza (DDP) in Seoul. Louis Vuitton is an LVMH brand, along with Dior, Fen...

Reporter's Notebook | 2017-06-09 15:49

[Reporter's Notebook] Ghost and apartment prices

Koreans half-jokingly say that even ghosts cannot precisely predict the fluctuation of real estate value in the short term. Experience tells us that it is impossible to forecast the ups and downs of property value if the market is efficient. The Korean real estate market is also unpredictable. But it is so not because it is efficient but because there are so many factors affe...

Reporter's Notebook | 2017-06-09 14:20

[Reporter's Notebook] Will chairman's visit help Vuitton recover glory?

LVMH Chairman and CEO Bernard Arnault will come to Korea today to attend Thursday’s opening ceremony for the “Volez, Voguez, Voyagez ─ Louis Vuitton” exhibition at Dongdaemun Design Plaza in Seoul. He is expected to meet CEOs of Korean retail giants, including Shilla’s Lee Boo-jin, Shinsegae’s Chung Yoo-kyung, Lotte’s Shin Dong-bin and Hyundai Department Store’s Chung Ji-sun,...

Reporter's Notebook | 2017-06-06 10:41

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