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The Korea Herald

Second Opinion

March 27, 2020
[Second Opinion] Conversation with Tada driver, before service is disbanded

“Do you often use Tada?,” A driver asked me yesterday when I used the van-hailing service as usual. My conversation lasted 15 minutes during my ride home. Normally, Tada’s drivers barely talk with customers, other than asking if the temperature setting is OK or reminding us to fasten the se...
March 20, 2020
[Second Opinion] Holistic approach needed to fight pandemic

For the people of a growing number of countries, the coronavirus outbreak is no longer something they read about in the news or on TV as the virus spreads to their cities, communities, and even families. Covid-19 has already evolved into a full-blown global public health crisis: the confirmed cases...
September 22, 2019
Why governance reform is key to make chaebol accountable

Nearly every presidential candidate in South Korea over the past two decades has made the same campaign promise and failed to deliver on it: End the near-monopoly chaebol hold in the country and give smaller companies an opportunity to thrive. To enact some semblance of control over chaebol, the g...
May 25, 2018
Why birth order is a big deal at LG

[THE INVESTOR] Five years ago, the British royal family changed its rule of succession so that a princess is not overtaken in the line by a younger brother. Three-year-old Princess Charlotte, daughter of Kate Middleton and Prince William, is the first to benefit from the rule as she remains fourth...
April 19, 2018
New thinking needed on GM Korea

[THE INVESTOR] No one seems to see much of a future for GM Korea these days. The pessimistic mood seems to be reaching its bottom now, as we see the union workers storming into offices of top executives demanding their bonuses and the company announcing it would soon run out of cash to pay its par...
April 11, 2018
Fall of the ‘Angel of Death’?

[THE INVESTOR] Less than a week after his appointment, Financial Supervisory Service Gov. Kim Ki-sik, aka “Angel of Death,” appears to have become the angel of his own death on allegations about previous overseas business trips and relations with an intern-turned-public secretary who received an...
March 29, 2018
Wherever you end up going

[THE INVESTOR] Southeast Asia has been the buzzword in Korea’s startup scene since last year as venture capitalists and startups began prowling outside the country for new business opportunities. It is comprised of 11 countries and represents 650 million people. Some unwary investors may see it ...
March 22, 2018
Grab’s crucial lessons for KakaoTaxi

[THE INVESTOR] What intrigued me the most during a recent weeklong stay in Singapore was not the clean streets or the pricey beer. It was the ubiquitous sight of “Grab/Uber” signs. Most taxi stands had two lines of passengers -- one for ordinary taxis and another for Grab or Uber cars. There wa...
March 15, 2018
Can Kakao Bank solve problems of the underbanked?

[ THE INVESTOR] There are still a few doubts about Kakao’s global traction, or its potential for it. Kakao is big in Korea. Its KakaoTalk messenger app is used by almost the entire population of Korea with monthly chats reaching over 40 million and Kakao Bank recruited over 5 million users in l...
March 08, 2018
The line isn’t as blurry as you think

[THE INVESTOR] Samsung employees are used to the 119 rule when it comes to hanging out after hours. The first one stands for one round, the second for one type of liquor, and the nine stands for nine o’clock. Put together, it means wrap things up by 9 p.m. and don’t get drunk. Other companies ...
March 02, 2018
Korean startups, stuck between hope and hype

[THE INVESTOR] For the past couple of years, the Korean government has been pumping a record amount of money into startups and venture funds hoping to spawn a new growth driver. In 2017, there were a record 35,000 startups in Korea, and the number of venture capital firms and their funding also hi...
February 23, 2018
In search of a "transparent" Celltrion

[THE INVESTOR] Defense stocks, no more. Pharmaceutical equities, which have long been categorized in the “safe-but-dull” segment are sizzling hot now. So hot that many have ended up in the high-risk, high-return basket. Proving the point, as of end-2017, health care stocks were among the most o...
February 09, 2018
Losing what they hold most dear: Trust

[THE INVESTOR] In the past week, two Korean major banks KEB Hana and KB Kookmin reported record-high net profit for 2017. But overshadowing their blockbuster bottom lines, prosecutors here launched a probe into alleged hiring irregularities. The prosecution now says it has secured the evidence to...
February 01, 2018
Apple’s first Korean store: better never than late?

[ THE INVESTOR ] Timing is critical in almost every aspect of life, be it dating, getting a job or making an investment. To make a business successful, companies and their management have to decide on a timely entrance depending on whether they are aiming to be a first mover or a fast follower. ...
January 25, 2018
“Nut rage” chaebol heiress as Olympic torchbearer?

[THE INVESTOR] Heather Cho, the former Korean Air vice president and protagonist of the notorious “nut rage” fiasco a few years back recently made an appearance at the torch relay for the 2018 PyeongChang Olympics when the flame arrived in Seoul on Jan. 13. She was one of the supporting runners...

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