중앙데일리

Don’t have overly pessimistic views

The recent report card on the Korean economy is enough to make you worry. Three percent growth cannot be guaranteed, exports are sluggish, and household and government debt is growing. Some tend to conclude that it is a result of the failed econo…

Mar 17,2016
Beefing up agro-business incubation

According to the recently published statistical yearbook of national taxes, 690,000 small businesses closed in 2014. Among them, 170,000 restaurateurs closed their businesses, and 43 percent closed down within one year of opening. Small business ow…

Mar 15,2016
Sensitive touch ups labor productivity

In the era of rapid changes, manufacturers are given the task of making creative and high quality products at low prices. Many say labor productivity is important, but most only look at the output. While the time spent, machines, facilities and saf…

Mar 14,2016
Adding creativity to big data

“No great marketing decisions have ever been made on quantitative data,” said John Sculley, a marketing genius who was the CEO of Apple during Steve Jobs’ absence. Two, three decades ago, marketing strategies were based on experiences and intu…

Mar 11,2016
Combining new industries with IT

Last year, Korea’s exports shrank in size, but compared to other countries, the slowdown was not as serious, and Korea was the sixth largest in the world in exports. At the end of last year, Korea’s sovereign credit rating was elevated to the highe…

Mar 04,2016
Hell Joseon: Is Korea hell on earth?

Several media outlets recently carried stories about “Hell Joseon,” a newly coined term referring to how tough life in Korea is. A survey reportedly showed that eight out of 10 Koreans wish to emigrate. A young schoolgirl in a video interview trend…

Mar 03,2016
Joint R&D a key to breaking import barrier

Due to slowdown of the Chinese economy and decreasing export price, Korea’s trade size went below $1 trillion last year, for the first time in four years. As there are no signs of improvement in export, Korean businessmen are discouraged psychologi…

Feb 29,2016
The paradox of absence of regulations

The automobile and aviation industries are on a diet. They are trying to make vehicles and aircraft lighter, safer and more efficient. And carbon fiber is at the center. Carbon fiber is one-fourth the weight of steel yet 10 times stronger. It is …

Feb 26,2016
Pursuing meaningful life after retirement

Korea is the fastest aging country among the OECD member countries, and the most important issue to the 7 million baby boomers is jobs. What the young-old do for twenty years from the average retirement age of 53 to full retirement age of 72 is a c…

Feb 22,2016
Incentives for end-of-life counseling

This January, the National Assembly passed the Death with Dignity Act, which will allow terminally ill patients to halt medical procedures starting in 2018. Although this act is an important step in reinforcing patient rights, more must be done to …

Feb 18,2016

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