President-elect Archives | Be Korea-savvy
Korean Retail Investors Strike Gold with Tesla as Trump’s Victory Sparks Rally

Korean Retail Investors Strike Gold with Tesla as Trump’s Victory Sparks Rally

SEOUL, Nov. 13 (Korea Bizwire) – Lee, a 32-year-old office worker from Incheon, has been waking up in the middle of the night to check his investment portfolio, often exclaiming “Thank you, Musk” before falling back asleep. His enthusiasm stems from a remarkable turnaround in his 10-million-won investment in Tesla, which had previously plunged 30% amid [...]

Supply Chain Shifts Under Trump Presidency Could Reshape Global Logistics, Korean Report Says

Supply Chain Shifts Under Trump Presidency Could Reshape Global Logistics, Korean Report Says

SEOUL, Nov. 12 (Korea Bizwire) – A new report suggests that South Korean companies should proactively secure logistics infrastructure in the southeastern United States and along the U.S. borders with Canada and Mexico, anticipating these regions’ emergence as key global supply chain hubs under a potential second Trump administration.  The Korea Chamber of Commerce and Industry [...]

Hyundai Subsidiary’s Robot Dog Deployed to Strengthen Security at Trump’s Mar-a-Lago Estate: Report

Hyundai Subsidiary’s Robot Dog Deployed to Strengthen Security at Trump’s Mar-a-Lago Estate: Report

WASHINGTON, Nov. 11 (Korea Bizwire) — A robot dog, made by a subsidiary of South Korea’s Hyundai Motor Group, has been deployed to beef up security at U.S. President-elect Donald Trump’s property in Florida, according to a news report. Made by Boston Dynamics, the remote controlled, four-legged robot was seen patrolling the sprawling Mar-a-Lago estate [...]

President-Elect’s Pledge to Change the Color of Corporate Vehicle License Plates Worries Luxury Car Importers

President-Elect’s Pledge to Change the Color of Corporate Vehicle License Plates Worries Luxury Car Importers

SEOUL, March 15 (Korea Bizwire) — South Korean President-elect Yoon Suk-yeol’s campaign pledge to change the color of corporate vehicle license plates to light green is creating a sense of strain among luxury car importers. Yoon’s pledge is aimed at preventing the wealthy from evading tax by registering luxury cars they use for personal purpose [...]

About 53 pct of Respondents Expect President-elect Yoon to Do Good Job on State Affairs

About 53 pct of Respondents Expect President-elect Yoon to Do Good Job on State Affairs

SEOUL, March 14 (Korea Bizwire) — More than half of South Koreans expect President-elect Yoon Suk-yeol to do well on state affairs, a survey showed Monday. According to the survey of 1,018 adults conducted by Realmeter last Thursday and Friday, 52.7 percent of respondents expect Yoon to do a good job on state affairs. In [...]

Yoon Not to Consider Gender Quotas, Regional Distribution in Personnel Appointments

Yoon Not to Consider Gender Quotas, Regional Distribution in Personnel Appointments

SEOUL, March 13 (Korea Bizwire) — President-elect Yoon Suk-yeol has decided to make personnel appointments based fully on merit without considering quotas for women and regional distribution, officials said Sunday, as he prepares to announce his staff for the presidential transition committee. “President-elect Yoon will never make appointments for show,” an aide said. The official [...]