Chaebol

Type: Keyphrase
Name: Chaebol
First reported 22 hours ago - Updated 5 hours ago - 3 reports

S Korean tax ministry tells Samsung to use its cash

Samsung Electronics Co is sitting on cash reserves 58 percent larger than those available to Apple Inc. The tax ministry has a message for South Korea’s biggest company: “Use it or lose it.”South Korean President Park Geun-hye’s administration this month ... [Published Taipei Times Online - 5 hours ago]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Samsung bags second Internet of Home Stuff home firm in a week

Secure remote control for conventional and virtual desktopsSamsung has announced its second smart home slurp in a week with the acquisition of heating, ventilation and air conditioning distributor Quietside.Samsung Electronics America said that it had ... [Published The Register - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Samsung Plugs Into The Internet Of Things: Powers Up For Q3

By :Samsung (OTC: SSNLF ), the Korean-based global leader in home entertainment products and electronic devices and appliances, is now stepping up to compete in the new "internet of things."The firm recently announced its acquisition of US company SmartThings ... [Published Seeking Alpha - Aug 20 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

New tax chief pledges to play clean

Lim Hwan-sooLim Hwan-soo, the nominee to head the National Tax Service, said he will not attend meetings or form relationships with people that can’t be explained to others without being suspicious.“Even when a person does an excellent job, one loses ... [Published Korea Joongang Daily - Aug 18 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

Businesses decry carbon trading plan

Gov't to implement program in January as plannedBy Yoon Ja-youngThe government's carbon emissions trading program will begin in January as planned, possibly with some supplementary measures to lessen the burden on businesses, government officials sai ... [Published Korea Times - Aug 15 2014]
Entities: Emission, Low-carbon, Carbon
First reported Aug 13 2014 - Updated Aug 13 2014 - 1 reports

South Korea fears lurking deflation threat

SEOUL -- South Korea has launched an aggressive program to keep the economy afloat, fearing an outbreak of the stubborn deflation symptomatic of Japan's "lost decades."Seoul's 41 trillion won ($40.3 billion) economic stimulus package appears to be only ... [Published Nikkei Asian Review - Aug 13 2014]
First reported Aug 11 2014 - Updated Aug 11 2014 - 1 reports

[Interview] Self-defeat and arrogance: the South Korean capitalist model

Lee Byeong-cheon, Kangwon National University professorProfessor traces the history of capitalism as practiced in S. Korea, and argues for a new, civic progressivism By Lee You-jin, staff reporter“The South Korean Capitalist Model,” a recent book by Kangwon ... [Published Hani.co.kr - Aug 11 2014]
First reported Aug 01 2014 - Updated Aug 01 2014 - 1 reports

Struggle of key industries

Korea's major export industries, which have bolstered the nation's economic growth for the past half-century or so, are faltering. All the five key manufacturing sectors ― electronic, automobile, shipbuilding, steel and petrochemical ― are struggling ... [Published Korea Times - Aug 01 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 2 reports

Future unclear for Samsung bio business

Kim Byoung-joo President Park Geun-hye has reiterated that Korea’s future lies in building a creative economy, and the biopharmaceutical industry is often cited as a key pillar in such an economy.Out of the local conglomerates, Samsung Group has been ... [Published Korea Herald - Jul 29 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Business Today: Risk factors amid absences of chaebol heads

Korea's conglomerates, known here at the chaebol, were instrumental in the development of the Korean economy and will continue to be a source of great economic strength in the future.But weak corporate governance is something that's been pointed out as ... [Published Arirang - Jul 29 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Taxing cash reserves

Few would dispute the ruling Saenuri Party is pro-business. The conservative party and its administrations have cut corporate taxes, controlled sharp wage inflation and revised laws when deemed cumbersome to business activities.The party and its administrations ... [Published Korea Herald - Jul 25 2014]
Entities: Chaebol, Taxes, FKI
First reported Jul 23 2014 - Updated Jul 23 2014 - 2 reports

Pension service holds over 5% stake in 83 chaebol affiliates

The National Pension Service holds more than a 5 percent share in firms affiliated with the nation’s top 30 conglomerates, data showed Wednesday.South Korea’s state-run pension fund held such stakes in more than 83 conglomerate affiliates as of Monday ... [Published Korea Herald - Jul 23 2014]

Quotes

"Because air conditioning products are a necessity in all buildings, including homes and offices, this acquisition is expected to be of help to our future smart home business" Samsung Electronics said in a statement to Reuters
"The emissions trading system is expected to incur between billions and trillions of won in additional costs, depending on the size of the business" said Yoo Hwan-ik, head of the industrial research division of the Federation of Korean Industries, a chaebol lobby group...
"Japan failed to implement bold and fundamental measures to tackle its economic problems in the 1990s, but we can learn from their lost two decades and turn our hardship into an opportunity to leapfrog" says a document that accompanies Choi's economic policy notes
"Micromax and Samsung follow different strategies. Samsung has gained in the past few quarters, and the target segment is the upper end. While the sub-$200 (Rs 12,000) segment, which is the fastest-growing, is Micromax's focus. It is unlikely that Samsung would change course to focus on the lower-end where margins are very low" says Mohammad Chowdhury, partner and telecoms industry leader, PWC India...

More Content

All (75) | News (68) | Reports (0) | Blogs (6) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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S Korean tax ministry tells Samsung to use its ... [Published Taipei Times Online - 5 hours ago]
Korea Markets: Samsung told by tax man to use A... [Published The Kuala Lumpur Post - 10 hours ago]
Samsung Told by Tax Man to Use Apple-Topping Ca... [Published Washington Post - 22 hours ago]
Samsung bags second Internet of Home Stuff home... [Published The Register - Aug 20 2014]
Samsung Plugs Into The Internet Of Things: Powe... [Published Seeking Alpha - Aug 20 2014]
Pace of reforms to dictate India's growth outlo... [Published Business Standard India - Aug 19 2014]
New tax chief pledges to play clean [Published Korea Joongang Daily - Aug 18 2014]
Samsung’s next reinvention challenge: Itself [Published Saudi Gazette - Aug 16 2014]
Samsung slurps Internet of Home Stuff upstart S... [Published The Register - Aug 15 2014]
Businesses decry carbon trading plan [Published Korea Times - Aug 15 2014]
South Korea fears lurking deflation threat [Published Nikkei Asian Review - Aug 13 2014]
GUY STUFF | Riding the digital wave through the... [Published Interaksyon - Aug 13 2014]
DHL may expand Incheon unit [Published Korea Joongang Daily - Aug 12 2014]
Hyundai India stops exports to euro zone [Published Financial Chronicle - Aug 11 2014]
[SUPER RICH] Education: A long-term business pr... [Published Korea Herald - Aug 11 2014]
[Interview] Self-defeat and arrogance: the Sout... [Published Hani.co.kr - Aug 11 2014]
As Samsung tackles others, Micromax gains [Published Business Standard India - Aug 07 2014]
Pope rises to Asia challenge [Published Japan Times - Aug 07 2014]
Samsung's next reinvention challenge: itself [Published NewsRT.co.uk - Aug 06 2014]
Samsung's next reinvention challenge: itself [Published Clusterstock - Aug 06 2014]
INSIGHT-Samsung's next reinvention challenge: i... [Published Reuters - Aug 06 2014]
South Korea set to reward firms that raise wages [Published Taipei Times Online - Aug 06 2014]
Inconsistent but indispensable [Published Korea Joongang Daily - Aug 06 2014]
Samsung supplier in CHILD STAFF SHAME: Factory ... [Published The Register - Aug 05 2014]
S. Korea’s 35 richest each have more than 1 tri... [Published Hani.co.kr - Aug 05 2014]
Choinomics is making waves, but will it fall flat? [Published Korea Joongang Daily - Aug 04 2014]
High-yield funds near 1 trillion won [Published Korea Joongang Daily - Aug 04 2014]
Samsung’s travails may have only just begun [Published Malaysia Edge - Aug 04 2014]
Samsung special law being debated by the compan... [Published Hani.co.kr - Aug 04 2014]
S. Korea’s 400 richest own $445mn on average [Published Maekyung - Aug 04 2014]
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Samsung's next reinvention challenge: itself [Published Clusterstock - Aug 06 2014]
Thomson Reuters File photo of former Samsung Group Chairman Lee leaveing after his trial at a Seoul court By Se Young Lee and Sohee Kim SEOUL (Reuters) - As its smartphone sales stutter and a generational leadership succession looms, Samsung Electronics ...
South Korea’s household debt: Hole in won [Published The Economist - Finance & Economics - May 29 2014]
THE Asian financial crisis of 1997 hit Mr Lee hard. His interior-design firm folded and he was officially branded a bad debtor. But the ensuing boom in household credit hit him harder. As banks were newly deterred from lending to businesses, they turned ...
From Rags to Riches in One Generation [Published Zero Hedge - May 22 2014]
By: Miha Zupan at  http://capitalistexploits.at/ My first experience with South Korea (or Korea) goes back to my university era when I, more by coincidence than anything else, ended up in a student exchange program there. It was during that time ...
One Missing Jet, One Sunken Ferry, Two Responses [Published Anwar Ibrahim - May 03 2014]
http://www.bloombergview.com/articles/2014-05-01/one-missing-jet-one-sunken-ferry-two-responses There are no ideologues in a financial crisis, former Federal Reserve Chairman Ben Bernanke once said. Clearly the same doesn’t hold true for political crises, ...
Planet Plutocrat [Published Anwar Ibrahim - Mar 17 2014]
The Economist The countries where politically connected businessmen are most likely to prosper AMERICA’S Gilded Age, in the late 19th century, saw tycoons such as John D. Rockefeller industrialise the country—and accumulate vast fortunes, build palatial ...
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