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* Date : 2014-01-24

Issue
Can easier regulations on parallel imports change Korea's distribution system?
The government has announced plans to boost parallel imports to prevent prices of popular foreign products from soaring once they enter the Korean market. The Ministry of Strategy and Finance, Ministry of Trade, Industry and Energy as well as Korea Customs Service decided to come up with 'measures to enhance competitiveness of imports' to encourage parallel imports, by March. The authorities are seeking to boost parallel imports as they believe monopolies over imports is the cause of the excessive pricing in imported items. Korea, where parallel importing procedures are tough, is estimated to have a parallel market of around 2 trillion won. This accounts for merely 3-4% of the entire Korean imported goods market. This is a sharp contrast from Japan where the parallel market accounts for 40% of the total. This means lowering of the thresholds for parallel importers and simplifying customs procedures to induce competitions in pricing and lowering prices. We will examine the impact the latest measures will have on the entire imported goods market and what follow-up measures are needed for the latest parallel import stimulating measures to be successful.




Interview
President Park's Visit to India and Economic Cooperation between Korea and India
Interviewees:Vishnu Prakash, Indian Ambassador to Korea
President Park Geun-hye chose India as the first country to visit this year and made a state visit to the country from January 15 to 18. With a population of 1.2 billion people, India is an IT and aerospace power nation. It is also a good example of a creative economy that President Park is pushing for. Because of this, her latest trip to India is quite meaningful. Bizline will discuss the significance of President Park's visit to India, Korea and India's economic cooperation status as well as the potential for further bilateral economic cooperation with Indian Ambassador to Korea Vishnu Prakash.





ICT
Digital signage continues to evolve
comes after television, personal computer and smartphone? And what will be the fourth screen in the modern world? Lately, the ICT industry seems to be calling 'digital signage' as the fourth screen. Digital signage is a digital imaging device that shows various information such as texts and images on a large, high definition screen in public places. Amid introduction of new technologies such as customized advertisement through face recognition and interactive touch, the digital signage market is growing further. In particular, Samsung Electronics and LG Electronics, with their unrivaled technologies, are leading the global digital signage market. The two companies hold the biggest and the third biggest market share, respectively. Let's meet the digital signage technologies, which are continuously evolving, and predict the future of digital imaging market.




Hidden champions
HENES, smart electric cars for kids
Recently, electric cars for kids are drawing people's attention amid spreading of the so-called 'adultkid' culture, or children's products that simply reduced the size of adult products. The global market for kids electric cars stands at around US$1 billion. Despite its high price tag, it is gaining popularity amid an increase in single-child households and household income. With its own technology, a small South Korean company HENES Co., is challenging the children's electric car market, which has been dominated by Chinese products. With the government's support, HENES has developed a smartphone-connected kids electric car for the first time in the world, exporting it to 30 countries around the world. Let's find out HENES' technology that succeeded in enhancing children's electric cars from toy cars to the level of real 'vehicles.'




North Korea
North Korea's industrial structure and economic status
During the New Year's address, North Korean leader Kim Jong-un spent half the time focusing on the economy and construction, particularly putting emphasis on the agricultural industry. His New Year's speech last year also focused on an economic recovery, putting emphasis on expansion of agricultural and industrial output. According to Statistics Korea, North Korea's economy grew for the second consecutive year in 2012. Is the growth in North Korea meaningful? And can it continue to grow? North Korea's economy, which has fallen into a so-called "poverty trap," is closely linked to sluggish industry performance. Indeed, we will analyze, using the latest statistical data, what industrial structure the North has and what its economic status is based on this industrial structure.



No,Date,Full Contents Review,Buying등의 정보로 이루어진 목록
No Date Full Contents Review VOD
50 2014-02-25 Bizline #50
49 2014-02-21 Bizline #49
48 2014-02-14 Bizline #48
47 2014-02-07 Bizline #47
46 2014-01-31 Bizline #46
45 2014-01-24 Bizline #45
44 2014-01-17 Bizline #44
43 2014-01-10 Bizline #43
42 2014-01-03 Bizline #42
41 2013-12-27 Bizline #41
40 2013-12-20 Bizline #40
39 2013-12-13 Bizline #39
38 2013-12-06 Bizline #38
37 2013-11-29 Bizline #37
36 2013-11-22 Bizline #36
35 2013-11-15 Bizline #35
34 2013-11-08 Bizline #34
33 2013-11-01 Bizline #33
32 2013-10-25 Bizline #32
31 2013-10-18 Bizline #31
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