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Amanda Min Chung Han

Stories from Amanda Min Chung Han

India-Korea Business Ties after CEPA

Monday, September 17th, 2012

An economic agreement between India and South Korea, the Comprehensive Economic Partnership Agreement (CEPA) went into effect in January of 2010. The agreement got its unique name at the request of the Indian side, and it basically means a free trade agreement.

It was not an easy path for these nations to reach their eventual destination. The whole negotiation process took three and a half years since the first session took place in February 2006.

Myungi University Campus in Korea

Green Campus

Friday, June 8th, 2012

As the looming threats of global warming have been increasingly acknowledged, there have been lots of efforts to reduce green house gas and to curb unnecessary energy consumption.

Chinese Air Purifier Market Growing

Thursday, May 17th, 2012

Ms. Shieh, an architect based in Bejing, is considering buying an air purifier for her house. An American-born Chinese, Ms. Shieh came to China a couple of years back to follow her job. Before the move, she was concerned about different food and a language barrier, since her Chinese wasn’t fluent enough. But she didn’t pay much attention to poor air quality.

Growing Golf Courses in China and Environmental Degradation

Tuesday, November 8th, 2011

Recently there was a report that some villagers in suburban Dalian, Liaoning province in China were suffering from a tap water shortage. Many people had to rely on bottled water or had to wait for water rationing twice a day. What made them angry was that the neighboring golf course didn’t have the same problem. According to a Chinese newspaper report, the 36-hole golf course consumed more than 3 million tons of water each year, which is the same as the annual consumption of 1 million households.

tulip speculation

Will Investing in Chinese Information Technology Companies be Another Tulip Speculation?

Monday, August 8th, 2011

US-listed Chinese IPO (Initial Public Offering) companies have always caught investors’ attention. On May 4th, Chinese social networking site ‘Renren’, also known as the Chinese Facebook, listed in the New York stock exchange at US$14 per share. The stock price soared to $24 during the day before ending at $16 per share.

The company’s IPO raised a total of US$743 million which is 72 times the worth of its sales from last year. Initially the company planned to raise US$584 million, yet eager investors demanded more opportunity, which led the company to raise share prices higher. It is an eye-popping amount of money considering the fact that the original Facebook was valued at only 25 times its previous annual sales in a recent Goldman Sachs investment in the company.

China’s 5-Year Plan on Energy Efficiency

Monday, May 30th, 2011

There is an old Chinese saying that a disaster can be a blessing in disguise.

How about a blessing can be a disaster in disguise? The Chi nese government recently revealed its energy efficiency and greenhouse gases reduction plan as part of the nation’s 12th Five-Year Plan (2011-2015). However, the country’s remarkable economic growth seems likely to be the biggest hurdle in real izing its environmental goals.

electronic trade

Electronic Trade Green Effect

Wednesday, April 27th, 2011

If you conduct your business affairs online, you can save thousands of trees and you can remove your carbon footprints. Are you ready to join the world movement toward ecofriendly Internet business?

power generation in china

Planning Power Generation in China

Friday, April 8th, 2011

The world factory epicenter of China is trying to slow conventional thermal energy consumption while facing a rapid increase of fuel needs due to its fast growing economy.

It thus faces a dilemma of how to keep its economy growing while at the same time cutting back on its dirty fuel consumption of coal. The Chinese government has been trying to reduce the consumption of conventional energy in general, including coal and oil, and hopes to boost the production of cleaner energy sources such as wind energy.

Green market in china

Growing Green Market in China

Wednesday, December 1st, 2010

China is emerging as one of the most prominent “green” business markets.

Who's Greener, Samsung or LG?

Friday, October 1st, 2010

The two most famous Korean conglomeratesates, Samsung and LG, compete with each other over almost everything: Desktop computers, laptops, mobile phones, refrigerators, air conditioners, washing machines and TVs. Now we can add “Green Management.”


Expo 2010 Shanghai Draws Millions

Wednesday, September 1st, 2010

According to Shanghai Expo representatives, half a million local tourists visit the Shanghai Expo. The 184-day event is predicted to attract an estimated 4 million foreign visitors. The Shanghai Expo is being held on both banks of the Huangpu River in the city of Shanghai from May 1 to Oct. 31.

Environment friendly

Environment Friendly Management

Sunday, August 1st, 2010

There are always fads and trends not only in fashion, but also in business management strategy. Six sigma was once a must have tag to improve the manufacturing processes. According to the book “Institute’s Six Sigma Breakthrough and Beyond,” by the late 1990s about two-thirds of the Fortune 500 organizations had begun Six Sigma initiatives with the aim of reducing costs and improving quality.


Environment Friendly Management

Thursday, July 1st, 2010

There are always fads and trends not only in fashion, but also in business management strat¬egy. Six sigma was once a must have tag to improve the manufacturing processes. Ac¬cording to the book “Institute’s Six Sigma Breakthrough and Beyond,” by the late 1990s about two-thirds of the Fortune 500 organizations had begun Six Sigma initiatives with the aim of reducing costs and improving quality.

lamon rutten

Lamon Rutten

Tuesday, June 1st, 2010

Q: Could you tell us little bit about MC X?

A: MCX stands for Multi Commodity Exchange of India. We are a quite young company; we started trading in November 2003. We take commodity futures. We are the largest in India. We have market share of more than 80 percnt. We take contracts in products like gold, silver, crude oil, a number of agricultural products. We have grown fast. We are one of the fastest growing exchanges. We are the sixth largest commodity futures exchange in markets. Our trading value of last year was $1.24 trillion.


Paying the Price of Emission

Saturday, May 1st, 2010

What if you have to pay more tax on top of your gas charge just because you use more gas than your neighbors? Would you think the tax is too much? Due to increasing concerns about climate change and greenhouse gas emissions, many countries – mostly in Europe – have already established and/or proposed a carbon tax. Not good news if you were a heavy user of gas.

Carbon Arbitration in Korea

Thursday, April 1st, 2010

As carbon becomes synonymous with cash, more and more carbon emissions related projects are launched and announced. As you might expect, disputes over carbon emissions projects are also growing.

Recently, there was a very significant case in Korea. It was the first arbitration case about carbon emissions trade and caught the attention of lawyers and business people alike. As of February 2010, there were no cases in litigation in Korea.

Green Consuming

Monday, March 1st, 2010

Kim Jeong-sook, a 31- year-old homemaker in Seoul, buys groceries through the Internet shopping mall with her co-workers. The Internet shopping mall is operated by a group of farmers from her hometown.

“There are many advantages to buying vegetables, rice and honey directly from a farmer and a beekeeper,” she says. “The price is somewhere between the wholesale price and the retail price because I place a large order with my colleagues. I feel I get ripped off whenever I see the retail price in a supermarket or a department store.”


Water Management In Korea

Monday, February 1st, 2010
South Korea is poor in natural resources, producing neither oil nor natural gas. However, it was believed that the country was rich in water until recently, though not anymore. There is a Korean saying about spending money like water, meaning that a person who throws away money often has to be reminded that he is spending too much. This old saying shows how abundant water once was in Korea.  


Seoul City Promotes Pedal Power

Sunday, November 1st, 2009

One of the most high-flying Korean equities of this year is Samchuly Bicycle Co. This stock traded for a mere 2,730 won on Oct. 10, 2008. However, it quickly soared to 37,400 won as of May 15. There were jokes that Samchuly Bikes are not rolling, but instead are flying in the market. Another bicycle manufacturer, Very Good Leisure Co., has also enjoyed a soaring share price for some time, thanks to the series of government green transportation polices.


New Songdo City

Sunday, October 18th, 2009

'New city' has been the moniker of real-estate speculation in Korea for a long time. It certainly was so in the case of the cities of Bundang, Ilsan and Pangyo. Unlike old cities, these newly established cities were well planned before the construction of their apartments and other facilities.


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