KBLA Blog
Legal
Negotiating With Koreans- Cultural Considerations
Bryan Hopkins writes on changing cross cultural values and their impact on business negotiations.
Jan. 27, 2021
legal
A Korean Student’s Car Buying Experience in the U.S.
Each week we feature stories, photos and videos from our customers. These expats have relocated from all around the world and share their experience getting a vehicle from International AutoSource. At IAS Customer satisfaction is our #1 priority.
Sept. 30, 2020
legal
Proposed Pharmaceutical Affairs Act Amendment Regarding Patent-Approval Linkage System
On August 20, 2020, the Ministry of Food and Drug Safety (‘MFDS’) announced a proposed amendment to the Pharmaceutical Affairs Act (‘PAA’) aimed to address certain deficiencies in the Patent-Approval Linkage System that went into effect in 2015. Key features of the proposed amendment may be summarized as follows.
Aug. 27, 2020
KBLA Polls
KBLA Polls: Crowdsourcing Predictions
If the goal is to predict the future, all of us are smarter than any one of us.
Aug. 24, 2020
legal
Amendments to the Personal Information Protection Act and Credit Information Use and Protection Act Go into Effect
Amendments to the Personal Information Protection Act (‘PIPA’) and Credit Information Use and Protection Act (‘Credit Information Act’) that were promulgated on February 4, 2020 took effect on August 5, 2020, along with their respective implementing regulations that were also amended to reflect the changes in the two laws.
Aug. 10, 2020
legal
Ministry of Environment Announces Jan. 1, 2021 Effective Date for the Amended Enforcement Decree of the Resource Circulation Act
Korea’s Ministry of Environment (the “MOE”) announced that the amendment to the Enforcement Decree of the “Act on Resource Circulation of Electrical and Electronic Equipment and Vehicles” (the “Resource Circulation Act”) (this “Amendment”) will become effective on January 1, 2021.
Aug. 10, 2020
Business Intelligence
Introducing the KBLA Member Dashboard
At KBLA, our goal is to make Korea more accessible, transparent, and welcoming for both a local and a global audience. The KBLA Member Dashboard is the core offering of that mission.
Aug. 6, 2020
Legal
Korea’s Recent Trends for Antitrust Enforcement in Response to COVID-19
The outbreak of COVID-19 significantly affected businesses across all industries during recent months. To regulate the businesses coping with sudden adjustments, the Korea Fair Trade Commission (the “KFTC”) has implemented various measures. Among them, we highlight the following.
July 13, 2020
Korea Intelligence, KBLA Blog
More Than Just a New Website and Some New Tools
KBLA's new intelligence tools promise to offer significantly greater value to members.
July 6, 2020
Legal
COVID-19 Outbreak: Managing Legal Issues from the Korean Law Perspective
While Korea has had considerable success in containing and curtailing the first wave of the novel coronavirus outbreak (‘COVID-19’), the ongoing spread of the pandemic continues to disrupt the global economy, significantly impacting businesses and companies in all industries worldwide.
July 2, 2020
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Items You Might Have Missed
Sanjo’s “Silent Spring”
Confucius saw music as a device for self-cultivation, a vehicle of self-expression, a force of social stability, a political tool, and a medium of communion between man, nature, and supernatural powers. Psy brings us “Hangover.”
June 9, 2016
Korea’s KFTC At the Crossroads Between Antitrust and Intellectual Property
The KFTC’s recent amendment of its IPR Guidelines is a signal to the world of its increasing sophistication and aggressiveness.
June 9, 2016
Like It Or Not, Korean Companies Face E-Discovery Issues Even In Arbitration
Though changes in the US Federal Discovery Rules as well as case law such as Zubulake have escalated the Electronically Stored Information ( ESI) costs as it relates to electronic discovery or discovery of ESI documents and information (E-Discovery) in the US, Korean companies have remained relatively complacent about it until the Dupont v Kolon case.
June 29, 2016
Longing for a Way of Life We Once Chose to Transform
Two years ago, the world’s biggest IKEA came to Seoul. Larger than the chain’s Stockholm store, its floor space rivals that of the Louvre Museum in Paris.
June 29, 2016
The Strange, Secret, Wondrous Life of Information
We all know information is important to doing business. It has always been so. It is said that the first use of the telescope was to see distant trade ships coming on the horizon and to, thereby, get an edge in negotiating with sellers who were still unaware that additional supply was soon to arrive. More information, better information, equaled business advantage then and it still does today. A good understanding of the nature and tendencies of information would seem to be very valuable in that case. So let’s examine some of the interesting things about information itself both for business in general, and in particular where it applies to predicting what is going to happen next.
June 29, 2016
Serving those with a stake in the Korean economy
We make the Korean business environment more accessible and efficient by connecting, informing, and enabling the KBLA community, in Korea and around the world. To accomplish our mission we directly publish a variety of intelligence reports and connect those with expertise and information to those who wish to do better business in Korea.