Opinion in South Korea

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Type Product title / description Pub Price
Expert View
Expert View

GM's planned Mokka move will address demand but risks overcapacity

According to reports in the German press, General Motors is considering shifting the bulk of the production of its Mokka compact SUV model from South Korea to Spain. The model, launched in October 2012, has proved to be popular with consumers in Europe in spite of the economic conditions, so moving production to an established local venue to meet demand will be a good move for GM if it goes ahead.

Published By Datamonitor
13 Jun 2013
Expert View
Expert View

Samsung joins the digital wallet race

Following Google Wallet and Apple Passbook, Samsung has joined the digital wallet race in South Korea and the US. However, while the Samsung Wallet has all the ingredients to take off in its home market, it will not be smooth sailing in the US.

Published By Datamonitor
28 May 2013
Expert View
Expert View

Is VP Bank's repositioning in Asia the start of a trend?

VP Bank, a Liechtenstein-based bank that first entered Singapore in 2008, has decided not to continue its strategy of building a private banking presence in the region. Other foreign players will follow suit if they do not pursue opportunities in the less competitive secondary markets of Asia.

Published By Datamonitor
08 Oct 2012
ResearchWire
ResearchWire

PLA Innovation of the Week: two flavors are better than one for unique new juice bottle

Published By Datamonitor
01 Oct 2012
Expert View
Expert View

Citibank continues to expand coverage of affluent in Asia

Citibank has announced the opening of its latest Citigold Private Client centers, extending coverage to the South Korean market. While a global program, its focus remains on the strong Asian HNW market, emphasizing how important Asia is for wealth managers looking to grow assets under management and how competitive this market is becoming.

Published By Datamonitor
11 Sep 2012
Expert View
Expert View

Restoring trust is now an urgent priority for the banking industry

Consumer trust in banks and other financial providers has yet to recover from the 2008 crisis, and recent events have only served to further undermine the reputation of the banking industry. It is now imperative for providers to take decisive action to win back public confidence.

Published By Datamonitor
12 Jul 2012
Expert View
Expert View

Number of millionaires in emerging Asian economies set to overtake Western Europe in 2013

According to Datamonitor statistics, the emerging Asia Pacific economies are set to have a greater number of millionaires than Western Europe by 2013. This largely results from the emergence of the Indian and Chinese economies, which have experienced significant export-driven growth. Internal demand is also becoming increasingly important, and is helping to increase the number of millionaires.

Published By Datamonitor
12 Mar 2012
CommentWire
CommentWire

Louis Vuitton: expanding into the airport retailing sector

In a move reflecting the growing demand for luxury duty free shopping in Asia Pacific, fashion house Louis Vuitton has chosen Incheon Airport in South Korea as the location for its first ever airport store. The brand's regional popularity combined with Incheon's growth as a major transport hub should spell success for the company, and will likely pave the way for future travel sector ventures.

Published By Datamonitor
13 Sep 2011
Expert View
Expert View

Online commerce: creating opportunities for new type of cooperation in combating fraud

The growth in online commerce is creating opportunities for fraudsters and this in turn calls for a new type of cooperation between consumers, merchants, and card-issuing banks. For banks, this means that educating the customer and the merchant is becoming as important as directly targeting compromised accounts, particularly given the magnitude of recent security breaches in the industry.

Published By Datamonitor
16 Aug 2011
CommentWire
CommentWire

South Korea: further price cuts threaten local pharma

With high drug expenditure and a social health insurance system struggling to keep up, South Korea is risking the future of local generics manufacturers in a bid to contain rising costs. Adding to an abundance of existing drug price cuts, Datamonitor believes that this latest plan to reduce the prices of generics will substantially slow market growth in the country.

Published By Datamonitor
16 Aug 2011

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