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Asia

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Opinion

Times Forum

Mon, February 6, 2023 | 22:16

Anatomy of transfer pricing

Anatomy of transfer pricing

Currently 15,980 foreign companies are operating in Korea. While hiring workers and producing goods and services, foreign investors encounter numerous difficulties and experience a variety of grievances. One particular grievance brought to our attention is that they suffer from a discrepancy between the value of imported goods assessed by the Korea Customs Service (KCS) and t...

2015-11-16 16:08

All in name - Trump

All in name - Trump

You might have a last name like “Trump”, or it may be “Winner”, “Champion”, or “Wolf”. In any case, you might be an only child; even worse, perhaps, you could have a complex that you are somehow by your name destined to win over others, whether you trump the opposition in an election or just think that way.

2015-08-19 17:42

Your national obsession

Your national obsession

You Koreans are obsessed with Japan. You have a national obsession. This is fostered by the media, by government, by the remaining comfort women, their families and their supporters, and by many political organizations and parts of the Korean population. It is a daily habit. You might call it normal if it were not so weakening to the national mind.

2015-08-18 17:15

Great democracies' New Harmony

Great democracies' New Harmony

CAMBRIDGE - When Indian Prime Minister Narendra Modi invited U.S. President Barack Obama to attend his country’s Republic Day ceremonies earlier this year, it signaled an important change in relations between the world’s two biggest democracies. Ever since the 1990s, three American administrations have tried to improve bilateral relations, with mixed results. While annual tra...

2015-08-17 17:25

Ombudsman for Vietnam

Ombudsman for Vietnam

I was recently invited to give a keynote speech on “the Korean Foreign Investment Ombudsman System” at an international conference in Vietnam. These days Vietnam is often cited as a rising star in East Asia with its remarkable economic progress. Now the Vietnamese economy is about to launch another take-off with an additional growth engine mounted. The Vietnamese new growth e...

2015-08-17 17:18

Low birthrate

The low birthrate in Korea has been widely reported. The rate in 2014 was 1.21, whereas the average among OECD member countries was 1.7 during the same year. Since the birthrate needs to be at least 2 for the population to remain the same, it is clear that the population of Korea will keep declining if the current trend continues.

2015-08-16 15:45

Heart is at the core of California

Heart is at the core of California

I have had two stays at a hospital in Southern California in recent weeks. These visits caused me to examine my life, what I do, and what is really important.

2015-08-07 16:09

Partnership with Heikendorf of Germany

Partnership with Heikendorf of Germany

More than 30 years ago, a visiting lecturer from Germany at the Mwika Bible School so loved Mwika that she had her home community of Heikendorf enter into a partnership with the then parish of Mrimbo in Mwika. Since, that parish has grown into four independent parishes of Uuwo, Kondiki, Maring’a and Kirimeni. The partnership continues with these four parishes. The four often ...

2015-06-23 16:25

The price paradox

The price paradox

LONDON - In 1923, John Maynard Keynes addressed a fundamental economic question that remains valid today. “(I)nflation is unjust and deflation is inexpedient,” he wrote. “Of the two perhaps deflation is...the worse; because it is worse...to provoke unemployment than to disappoint the rentier. But it is not necessary that we should weigh one evil against the other.”

2015-03-06 16:35

The new neutrality

The new neutrality

TOKYO - Throughout the Cold War, the Soviet Union used every imaginable threat and inducement - including the ultimate prize of reunification - to bring about a neutral Germany. But German leaders of both the left and the right, from Konrad Adenauer to Willy Brandt, spurned every Soviet offer. Will authoritarian mercantilism now succeed where communism failed?

2014-07-20 16:46

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