Saturday 26 March 2011

Korean Style



Korea is..
With top industries in IT, semiconductors and mobile phones, Korea is thought of by foreigners as a nation of cutting-edge technology.
But most foreigners are missing out on a larger part of Korea.
According to a survey conducted last year by Anholt-GMI of 25,000 people worldwide, out of 38 countries, Korea ranked 32nd in brand value. The people of the world rate Korea similarly to countries such as Egypt and South Africa.

We must raise international awareness of Korean culture

Korean culture is the way to raise Korea's national brand value and status.
Korea must become a cultural superpower through products that are based on tradition. Koreanstyle is an attempt to make Korean traditional culture into a recognized brand. In order to raise international awareness of Korea, we have introduced a broad spectrum of traditional culture.
Now, more steps must be taken in order to promote Korea.

What comes to mind when people think of Korea?
Chinese opera is the international image of Chinese culture and kabuki is the international image of Japanese culture. So, what is Korea's international image?
We must find cultural traditions that can symbolize Korea, which people will bring to mind when they think of Korea.
We are trying to use those traditions in order to create Korea's image and explore the potential of developing those traditions into industries.

Friday 18 March 2011

Korean Shipbuilding Industry in 2011, waiting for warm spring day ...

MKE(Ministry of Knowledge Economy, Korea) forecasted the shipbuilding industry in 2011 is highly likely to regain No. 1 status for new orders which China has had for 2 consecutive years. It¡¯s because optimistic outlook of container ships and marine plants in the demands in 2011, which our country has seen the strength of and positive elements such as marine fuel regulatory or so. 

In addition, it is judged that China's shipbuilding industry is in the face of the bad news such as inactivity of bulker market that is China flagship species, industry restructuring pressures due to sudden enlargement of institution, rise of labor costs and weak price competitiveness due to appreciation of the renminbi.
 

Of course, it should not be overlooked that on the basis of China's huge foreign exchange reserves, providing ship financing to strengthen relations with European countries and ship owners, and being increased for the orders of value¡©added products such as LNG vessels could become a variable.
 

MKE announced that vessels and equipment exports in Korea on 2010 reached up to 49.8 billion U.S. dollars to achieve the biggest performance, but the world shipbuilding capacity in 2011, would stay in 4,540 CGT having more decreased 9.5 % than in 2010, and domestic shipping and shipbuilding exports would be amount to $ 4.7 billon U.S. dollars with falling 5.6%.