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The Organic Trade Association's Report
GO TO MARKET REPORT: South Korea The U.S. Department of Agriculture’s Foreign Agriculture Service (FAS) provided funding for these reports through the Organic Trade Association’s Organic Export Program Organic Trade Association (OTA) does not discriminate on the basis of race, color, national origin, sex, religion, age, disability, political beliefs, sexual orientation or marital/family status. Persons with disabilities, who require alternative means for communication of program information, should contact OTA. TABLE OF CONTENTS: 1!OVERVIEW 1!REGULATORY STATUS GO TO MARKET REPORT: 2!COMMONLY IMPORTED PRODUCTS South Korea 3!MARKET SECTOR OVERVIEWS 9!MARKET ACCESS AND DISTRIBUTION CHAIN 10!CHARACTERISTICS OF SHOPPERS 12!RESOURCES 13!REFERENCES Overview: The Republic of Korea (formerly South Korea) imports approximately 60 to 70 percent of its food and agricultural products, and is one of the least self-su!cient countries for grain production. Between 2010 and 2015, total spending on food is expected to increase over 20 percent. With over 50 percent of the population concentrated within a 60 mile radius of the capital city of Seoul, that region accounts for over 70 percent of the retail spending in the country. Despite the limited volume of domestic agriculture, Koreans favor locally grown and manufactured foods and are willing to pay a premium for domestic goods. A wide variety of agricultural products are grown or processed locally, including rice, fresh and processed vegetables, fruits, seafood and meats, eggs, dairy products, noodles, sauces, oils, grain "our, beverages, snacks, confections, and liquor. Unlike other sectors of the Korean economy, there is not a focus on exporting in Korean agriculture, and, in general, government policies favor domestic agriculture. -
Events in 2013
Events in 2013 The 16.5 metre-high yellow Rubber Duck, a floating sculpture created by Dutch artist Florentijn Hofman, arrives at Ocean Terminal/Harbour City in Kowloon in May on its world tour. 1 1. The Chief Executive, Mr C Y Leung (second from left), rings the closing bell at the New York Stock Exchange in June. 2. The Ceremonial Opening of the Legal Year in January. 3. The Chief Executive meets the President of Mexico, Mr Enrique Peña Nieto, at Government House in April. 4. The Secretary for Justice, Mr Rimsky Yuen, SC (left), the Chief Secretary for Administration, Mrs Carrie Lam, and the Secretary for Constitutional and Mainland Affairs, Mr Raymond Tam, launch the public consultation on electoral reform in December. 5. The Financial Secretary, Mr John C Tsang (right), meets the French Minister of the 3 Economy and Finance, Mr Pierre Moscovici, in Paris in November. 2 5 4 1 2 1. Sarah Lee Wai-sze wins gold in the Women’s 500 metre time trial race at the UCI Track Cycling World Championships in Minsk, Belarus, in February. (Photo courtesy of Hong Kong Cycling Association) 2. The Mariner of the Seas is welcomed at the inaugural berthing at the Kai Tak Cruise Terminal in June. 3. ‘Big Waster’ headlined the year’s ‘Food Wise Hong Kong’ campaign to reduce food waste. 4. The Hong Kong Maritime Museum opened in February. 3 4 4 1 1. Visitors enjoy the ‘Journey to Hong Kong’ exhibition in Moscow in October. 2. Hong Kong cartoon characters McDull and McMug at the City of London Lord Mayor’s Show in November. -
Asian Cities Report Seoul Retail 2H 2017
Asian Cities Report | Seoul Retail Savills World Research2H 2017 Korea Asian Cities Report Seoul Retail 2H 2017 savills.com.hk/research savills.com.hk/research 01 Asian Cities Report | Seoul Retail 2H 2017 GRAPH 1 First floor retail rents continuing growth of e-commerce. First floor rental increases in major Seoul Based on the Korea Appraisal Supported by the Korea Sale Fiesta (a nationwide government-sponsored retail districts, 2014−2016 Board (KAB) data in June 2017, 1/F rents in the top five retail areas for bargain sales period) and other events, 2014 2015 2016 mid-size buildings have shown a the sales of large discount stores, 5% divergent performance. Retail rents including duty-free shops and outlets, in Myeongdong and Gangnamdaero rose by 9%. In 1H/2017, convenience 4% recorded steady growth from 2014 to store and non-store retail sales continued their double digit growth. 3% mid 2016, but have recorded slight downward movement since 2016. 2% Meanwhile retail rents for Hongdae- Non-store retail Hapjung increased due to new Non-store retail volumes rose by 16% 1% recreational facilities and improved year-on-year (YoY) in 2016 and 13% infrastructure. in 1H/2017. Sales increases in food, 0% electronics and apparel contributed Average contracted rents in to the growth. The sales volumes -1% Myeongdong Gangnamdaero Garosugil Hongdae- Itaewon Myeongdong at the end of June were of online shopping malls operated Hapjung the highest in the city, according to by offline based retailers such as Shinsegae and Lotte group grew far Source: Korea Appraisal Board (KAB) KAB. Myeongdong is an extremely popular foreign tourist destination more rapidly than pure online shopping and attracts significant foot traffic, malls. -
The 8Th Asia Pacific IAP Congress September 5 (Thu) - 8 (Sun), 2013, Busan, Korea APIAP 2013 the 8Th Asia Pacific IAP Congress
The 8th Asia Pacific IAP Congress September 5 (Thu) - 8 (Sun), 2013, Busan, Korea APIAP 2013 The 8th Asia Pacific IAP Congress September 5 (Thu) - 8 (Sun), 2013, Busan, Korea “Pathology, Opening the Personalized Medicine” Hosted by Korean Division of IAP | Korean Society of Pathologists www.apiap2013.org @apiap2013 3rd Announcement Congress 2013 APIAP 3rd Annoucement CONTENTS 03 Invitation & Welcome Message 04 APIAP 2013 Organizing Committee 05 Program at a Glance 07 Keynote Speakers 08 Spreaker Guidelines 10 Daily Program 19 Registration 21 Accommodation 22 Social Programs 23 Tour Programs 25 Transportation 27 Useful Information 28 About Busan, Korea 30 Sponsors Congress 2013 APIAP Invitation & Welcome Message Dear Colleagues, Dear Colleagues, “Pathology, Opening the Personalized Medicine” In collaboration with Korean Division of IAP and Korean So- ciety of Pathologists, as a secretary general I'm pleased to Increasing importance of pathologic diagnosis has been inform you that the 8th Asia Pacific IAP Congress will take made through several steps. place 5(Thu) to 8(Sun), September, 2013 in Busan, Korea. The most recent step “personalized medicine” changed a lot to pathology and pathologists. Pathology is really a traditional The Korean Society of Pathologists cordially invites you to science but with most recent technology. attend at “The 8th Asia Pacific IAP Congress”. During this 4 days congress; we will bring together scientific and clinical In September 5 – 8, 2013, an important event is held at Bu- leaders from all over the world, as well as young scientists san, Korea. and newcomers to the field of pathology. Therefore the 8th The 8th Congress of Asia-Pacific Division of IAP will be a great Asia Pacific IAP Congress will be a good chance to meet oth- occasion to all pathologists. -
CPSC Import Stoppage Report+ Violative Products Seized at the Ports
CPSC Import Stoppage Report+ 4th Quarter, FY 2012 NOTE: Data are from samples collected from July 1, 2012 through September 30, 2012. The quantities below are approximate for all products that were determined to violate a CPSC regulation or have a defect posing a hazard. These products were either seized by CBP or reconditioned by the importer. Total number of screenings – 5,907 Total number of products stopped – 410 Total number of units stopped – 909,593 Children’s Products Total number of products stopped – 356 (87%) Total number of units stopped – 838,876 (92%) Products Stopped by Primary Violation/Defect Lead – 222 (paint 27; content 195) (62%) Small Parts – 52 (15%) Certification – 37 (10%) Phthalates – 16 (4%) Tracking Labels – 16 (4%) Durable Nursery Products – 5 (1%) The remaining 4 percent included battery-operated toys, art materials labeling, and misbranded balloons. Non-Children’s Products Total number of products stopped – 54 (13%) Total number of units stopped – 70,717 (8%) Products Stopped by Primary Violation/Defect Luminaries – 14 (26%) Cigarette and multi-purpose lighters – 10 (19%) Fireworks – 8 (15%) Bicycle Helmets – 3 (6%) Hairdryers – 3 (6%) Electric Aquarium Equipment – 3 (6%) Generator Labeling – 2 (4%) Mattresses – 2 (4%) The remaining 14 percent included electric fans, electric flat irons, portable electric lamps, and other substantial product hazards. Violative Products Seized at the Ports * The following list includes ONLY PRODUCTS SEIZED for violations of federal mandatory standards. Foreign Manufacturer Importer Product Name Model Number Country Of Origin Combined Lot Size ALISIOS Almar Sales Novelty Toys Compass Surv Taiwan Lead In Children's 6 INTERNATIONAL CORP. -
Tmark Hotel Myeongdong MAP BOOK
Tmark Hotel Myeongdong MAP BOOK 2016.12.01_ver1.0 Tourtips Tmark Hotel Myeongdong Update 2016.12.01 Version 1.0 Contents Publisher Park Sung Jae Chief Editor Nam Eun Jeong PART 01 Map Book Editor Nam Eun Jeong, Yoo Mi Sun, Kim So Yeon Whole Map 5 Myeong-dong 7 Insa-dong 9 Marketing Lee Myeong Un, Park Hyeon Yong, Kim Hye Ran Samcheong-dong&Bukchon 11 Gwanghwamun&Seochon 13 Design in-charge Kim No Soo Design Editor Bang Eun Mi PART 02 Travel Information Map Design Lee Chae Ri Tmark Hotel Myeongdong 15 SM Duty Free 16 Publishing Company Tourtips Inc. 7th floor, S&S Building, 48 Ujeongguk-ro, Jongno-gu, Seoul Myeong-dong·Namdaemun·Namsan Mountain 17 Insa-dong·Jongno 24 02 - 6325 - 5201 / [email protected] Samcheong-dong·Bukchon 29 Gwanghwamun·Seochon 33 Website www.tourtips.com Recommended Tour Routes 37 Must-buy items in Korea 38 The 8 Best Items to Buy at SM Duty Free 39 The copyright of this work belongs to Tourtips Inc. This cannot be re-edited, duplicated, or changed without the written consent of the company. For commercial use, please contact the aforementioned contact details. Even for non-commercial use, the company’s consent is needed for large-scale duplication and re-distribution. Map Samcheong-dong&Bukchon 04 Legend 2016.12.01 Update Seoul 01 Whole Map Line 1 1 Line 2 2 Line 3 3 Line 4 4 Line 5 Bukchon Hanok Village 5 Gyeongui•Jungang Line G Airport Railroad Line A Tongin Market Changdeokgung Palace Gyeongbokgung Palace Seochon Anguk Gyeongbokgung 3 안국역 3 경복궁역 Gwanghwamun Insa-dong Jongmyo Shrine Center Mark Hotel 5 Gwanghwamun -
We Enrich People's Lives by Providing Superior Products and Services That
LOTTE PROFILE 2015 PREPARED WAY LOTTE PROFILE 2014 LOTTE 2014 PROFILE Japanese We enrich people's WAYlives by providing superior products and services that our customers love and trust LOTTE PROFILE 2015 PREPARED WAY contents PREPARED WAY LOTTE 3 Global Strategy 4 Message from the Chairman 6 Global Passion 10 Social Responsibility 18 Financial Information 21 PREPARED WORLD Business Structure 33 Business Overview 34 Brand & Satisfaction 45 PREPARED WAY LOTTE is moving toward a better tomorrow. By taking on the challenge of ceaseless innovation, The company name ‘LOTTE’ originates from the name Charlotte in The Sorrows of Young Werther, by Goethe. Like the heroine Charlotte, who was beloved by all, LOTTE seeks to earn the goodwill of customers around the world. LOTTE is poised to become one of Asia’s leading conglomerates. PREPARED WAY LOTTE 3 LOTTE contributes to enriching life by providing products and services that are loved and trusted. Since LOTTE officially entered the food industry by founding LOTTE Confectionery in 1967, it has become a leader in the Korean tourism and retail industries by establishing some of Korea’s top hotels and department stores. LOTTE has since extended its reach into such key industries as petrochemicals and construction. LOTTE is positioning itself as one of Korea’s key conglomerates based on a wealth of diverse experiences and know-how. Furthermore, it strives to grow as a global conglomerate trusted by customers all over the world through continued efforts. LOTTE will continue to make customers’ lives richer with its strict quality control and differentiated services. MISSION We enrich people’s lives by providing superior products and services that our customers love and trust PREPARED WAY GLOBAL STRATEGY 5 A brand that provides happiness to customers all over the world and builds trust with excellent food & beverage With enhanced sales organizations and marketing strategies in China, Japan, products and services – this is what LOTTE aims to be. -
Investment Decision Analysis for Public Art Exhibitions
Universal Journal of Management 4(10): 593-599, 2016 http://www.hrpub.org DOI: 10.13189/ujm.2016.041010 Investment Decision Analysis for Public Art Exhibitions Wu Wen Tsung*, Chie-Bein Chen Department of International Business, National Dong Hwa University, Taiwan Copyright©2016 by authors, all rights reserved. Authors agree that this article remains permanently open access under the terms of the Creative Commons Attribution License 4.0 International License Abstract In recent years, China’s growing cultural toward creating a sustainable cultural art industry. Florentijn industry has significantly enhanced the region’s cultural Hofman’s public art installation, the Rubber Duck, has been level and recognized public art and continues to develop the travelling around the globe since 2007 and gained much creative industry in various Chinese cities (except Beijing, popularity across Asia in 2013. One of the locations on its Shanghai, and Canton). Through large-scale international travel map was Mainland China, which has known to be public art exhibitions, each city in China intends to increase open to contemporary public art. A cultural industry can its cultural competitiveness, establish an image, and develop affect an economy’s growth and development and one of the its cultural tourism industry and cross-border cultural innovations within this sector is the exhibition industry. exchange. By doing so, they hope to produce a combined movement toward creating a sustainable cultural art industry. 1.2. Literature Review This study examines the strategies undertaken to conduct the exhibition for the public art installation, the Rubber Duck, by The development of the exhibition industry has Florentijn Hofman. -
About Lotte Shopping
LIFETIME VALUE CREATOR ANNUAL REPORT 2017 REPORT ANNUAL LOTTE SHOPPING AN INVITATION TO THE ENRICHED FUTURE OF RETAIL, CREATED BY THE NEW VALUES OF LOTTE SHOPPING Lotte Shopping Annual Report 2017 LIFETIME VALUE CREATOR Lotte Shopping established its vision of being a “Lifetime Value Creator”, which includes our pledge to offer REPORT OVERVIEW UNIQUE FEATURE customers the highest value for every purchase they make from us. In order to create new values that will make their lives 00 ABOUT LOTTE GROUP This annual report informs readers about Lotte Shopping’s This year’s report is designed to demonstrate 02 CEO'S MESSAGE more beautiful and enriched, we are leading the evolution of wide range of initiatives and achievements. In particular, Lotte Shopping’s commitment to adding new values to 06 INTERVIEW WITH THE CEO retail through continuous change and innovation. it introduces in detail our approach to realizing the future of customers’ lives with its new logo, Value Line. retail while strengthening our core competencies in channels, You will see the beautiful and luxurious image of the future innovations, customer satisfaction, and other areas, of retail, shown through the varied colors and shapes of in response to changes in trends, technologies, and lifestyles. Lotte Shopping’s Value Line logo. LEADING TRENDS IN RETAIL EXPERIENCE OMNI PAGE. 10-15 CONVERGING TECHNOLOGY AND INNOVATION EXPECT THE FUTURE OF RETAIL PAGE. 16-21 CREATING NEW LIFESTYLES AND VALUES ENJOY A FULLER LIFE PAGE. 22-27 Reader's Guide ABOUT LOTTE SHOPPING REVIEW OF OPERATIONS CSR MANAGEMENT 30 COMPANY PROFILE 62 LOTTE DEPARTMENT STORE 73 LOTTE SHOPPING’S CSR 32 FINANCIAL HIGHLIGHTS 64 LOTTE MART 74 CUSTOMER-CENTERED MANAGEMENT 34 GLOBAL NETWORK 66 LOTTE HIMART 76 ENVIRONMENTAL MANAGEMENT MORE INFORMATION 36 BOARD OF DIRECTORS 68 LOTTE SUPER 78 WIN-WIN PARTNERSHIPS Links to the related information of the contents in the report. -
Asia Now on B Y Jon R Ei N F U Rt Ill U Strati
RT U F N EI Y JON R B Asia ON strati U Now ILL 2016 IN THIS ISSUE 3 Action! 5 Pakistan Film Industry Defies Extremists 6 Portrait of Wealth: Hong Kong Becomes a Key Player in the Global Art Market 7 Dogged Pursuits 8 Fries with that? Fast Food Appeal Catching on Quickly 9 Ready for Takeoff 10 Vietnam Advances to the Fore as a Golf Destination 10 Playing on the World Stage 11 Feel the Burn 12 China’s Goal: Soccer Superstardom 13 Korea: Electronic Gaming as a Spectator Sport 14 The Dark Side of Leisure The Leisure & Entertainment Issue Newly affluent Asians are looking for diversions. Businesses that can answer the demand stand to prosper. hus for the first time since his creation man will be faced with “This real, his permanent problem—how to use his freedom from pressing economic cares, how to occupy the leisure, which science and compound interest will have won for him, to live wisely and agreeably and well.” John Maynard Keynes, Economic Possibilities for our Grandchildren (1930) Investing in international and emerging markets may involve additional risks, such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Fixed income investments are subject to additional risks, including, but not limited to, interest rate, credit and inflation risks. In addition, single-country and sector strategies may be subject to a higher degree of market risk than diversified strategies because of concentration in a specific industry, sector or geographic location. Investing in small- and mid-size companies is more risky than investing in large companies as they may be more volatile and less liquid than large companies. -
Download Article (PDF)
Advances in Social Science, Education and Humanities Research, volume 515 Proceedings of the 6th International Conference on Arts, Design and Contemporary Education (ICADCE 2020) The Cultural Remodeling of Public Art in the Consumption Era Qiangqiang Luo1,* 1Xiamen Academy of Arts and Design, Fuzhou University, Xiamen, Fujian 361000, China *Corresponding author. Email: [email protected] ABSTRACT The prosperity of mass culture in the consumption era makes public art present many different characteristics from the past. The secular characteristics of mass culture representations are first manifested in that it no longer only pays attention to issues such as the sublime, the sacred, and the classics that can't be touched and only be admired in a far view. The phenomenon of "de- differentiation" in mass culture has blurred many boundaries of public art. As an open and emerging art, it encompasses many art categories, exists in various public spaces and places, and is integrated into social life with its interactive characteristics. It promotes cultural democracy in terms of interaction and visualization, and eliminates the inequality caused by people's knowledge level in cultural consumption. This paper analyzes the characteristics of public art in the consumption era, proposes the method of reshaping public art that adapts to the current situation, namely, the three directions of cultural breakthrough, multiple interaction and context retention, and takes the atrium landscape of the teaching building of Xiamen Academy of Arts and Design as an example to apply the research conclusions in practice. Keywords: consumption era, public art, cultural remodeling, cultural consumption, mass culture derived from it. After the continuous increase of I. -
Lotte Shopping (023530 KS ) Offline Leader Eyes Online Space
Lotte Shopping (023530 KS ) Offline leader eyes online space Retail Initiate coverage with Buy and TP of W265,000 Company Report We initiate our coverage on Lotte Shopping with a Buy call and target price of June 11, 2018 W265,000, reflecting: 1) likely earnings improvement, with an exit from the Chinese hypermarket market in 2018; and 2) positive changes in the online business. M ajor investment points for 2018 include: 1) the company’s forays into the online space; and 2) the recovery of the offline business. (Initiate) Buy Lo tte Shopping boasts strong market share in the retail segment, robust capital power, and superior logistics infrastructure. Going forward, the company is expected to Target Price (12M, W) 265,000 display outstanding performances in content shopping, based on successful online investments and synergies between businesses. Share Price (06/08/18, W) 216,000 Efforts to beef up the online business Expected Return 23% Lotte Group’s retail companies including Lotte Shopping’s plan to invest W3tn over the next five years to consolidate online retail platforms and systems. Through the investment, the company is expected to establish a competitive platform that could OP (18F, Wbn) 720 encourage additional purchases and improve competitiveness in online shipping. In its Consensus OP (18F, Wbn) 721 effort to strengthen e-commerce competitiveness, Lotte Group will likely consolidate customer and offline logistics data as the first step. In light of Lotte Shopping’s EPS Growth (18F, %) - advanced infrastructure and strong capital power, the company should be able to Market EPS Growth (18F, %) 13.4 create an online platform differentiated from those of other retail and online players.