Out of office, again: Kim Young Sam is forced to fire some of his cabinet
Article Abstract:
South Korean Pres Kim Young Sam dismissed four members of the cabinet which include the ministers of justice, construction, health and social affairs after revelations of corrupt activities anonymously phoned in to newspaper and television agencies. Political analysts say that the informations were so accurate and detailed thatthey could have come from very reliable sources and so they are regarded as truthful information. Other government officials fired include the mayor of Seoul, army Chief of Staff Gen Kim Chin Young and Defence Security Command headGen Suh Wan Soo.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Taming the tiger
Article Abstract:
Leaders of North Korea's People's Army have become extremely influential in the country's politics as Kim Jong Il prepares to take over the state presidency on Sep 9, 1998. Kim Jong Il seems willing to allow the influence of the military to expand, but some observers fear that hardline military leaders could have a negative impact on efforts to resolve North Korea's economic problems. There is no immediate danger of a military coup, but it will only be possible to undertake economic reform if resources are taken away from the armed forces.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1998
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Raising the tone; violin maker shows Koreans can top a niche market
Article Abstract:
South Korean entrepreneur Shim Jae Yup heads Shimro Musical Instrument, now the world's largest manufacturer of medium-grade violins, cellos and basses. He initially capitalized on his experience as an overseas trader, which gave him connections and language skills, and on South Korea's low wages. As those rise he is moving more production elsewhere, but also selling more instruments at home. Shim claims a 25% share of the global market in medium- grade violins, and his export sales are rising 50% annually.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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