* Date : 2015-10-15
Money Matters Ep27
The Trans-Pacific Partnership (TPP) deal sealed
The mega free trade agreement between 12 Pacific-rim nations was recently sealed after over five years of intense negotiations. Led by the U.S., what's been dubbed the world's largest free trade pact is expected to change the paradigm in global trade. Having sat out the first round of membership, Seoul is now weighing its options and mulling over the possibility of joining the second round, but experts say there are other fields it should be looking into to minimize losses in the meantime.
Korea In Depth
Korea as a popular test bed for global brands
From cosmetics, automobiles, to food and beverages, companies from all industries are being drawn to Korea to test out products before global releases. The country is becoming an increasingly popular test market for its rapid response to trends, and with it comes more R&D, jobs, and benefits for consumers. However, the budding test market also poses challenges for local firms. We get a closer look at Korea as a global test bed.