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Wysłany: Śro 10:11, 07 Sie 2013 Temat postu: |
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The government has been resorting to various measures to revive the sagging economy,[link widoczny dla zalogowanych], and,[link widoczny dla zalogowanych], on Tuesday,[link widoczny dla zalogowanych], President Kim Dae-jung called for more active domestic consumption to lead the economic revival.
Participating in a meeting of economic ministers on the same day, President Kim said that the nation needs to move forward with solidifying the economy by strengthening purchasing power within the country,[link widoczny dla zalogowanych], rather than letting the export sector dictate the fate of the economy. He urged the ministers to exert their best efforts in stimulating domestic demand.
Kim also pointed out that the so-called workout system, a creditor-led debt rescheduling plan for ailing firm,[link widoczny dla zalogowanych], needs to be phased out as soon as possiblle.
Kim added the government will have to honor its commitment to keep the state bank-led financing scheme for maturing bonds of large-sized businesses only till the end of this year,[link widoczny dla zalogowanych].
The workout measures turned out to be the best trouble-shooting move when Korea was at the peak of the 1997 financial crisis, but, recently, disputes have erupted over the long-term efficiency of the measures, Kim explained.
Elaborating Kim's message,[link widoczny dla zalogowanych], one high-ranking government official explained that the president's bid to forego the workout moves was meant to underscore the government's unwavering stance that non-viable firms shall be liquidated without fail,[link widoczny dla zalogowanych], echoing the president's demand that the debt-rescheduling programs be phased out.
Meanwhile,[link widoczny dla zalogowanych], the Ministry of Finance and Economy (MOFE) said the same day that the ministry will expand the planned budgetary expenditure in the third quarter to W30 trillion,[link widoczny dla zalogowanych], a W4.3 trillion increase, by advancing the budgetary allocations set for the fourth quarter in a move to give the economy a running start.
The ministry also explained that the government will provide full production cost through export credit guarantee to exporting firms when they received letters of export credit ranging from around W1 billion per firm before the end of 2002,[link widoczny dla zalogowanych].
(Kim Min-bai,[link widoczny dla zalogowanych], [link widoczny dla zalogowanych])
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The first day featured presentations on job training and university education. Discussion sessions were also held between participants and their parents and the video of the Little People of America was shown.
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Wysłany: Śro 12:19, 07 Sie 2013 Temat postu: |
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The prosecution said Sunday that the import of methyl-amphetamine from China has increased substantially in 2001 with the volume of illegal drugs more than tripling from last year,[link widoczny dla zalogowanych], while that seized by prosecutors stood at four times that of 2000. Prosecutor's said they had seized 145kg out of 149.2kg of methyl-amphetamine from China smuggled on planes and ships. Last year saw 46.2kg of illegal drugs trafficked on the market,[link widoczny dla zalogowanych], of which prosecutors seized 35.5kg.
They also said that there have been 10 cases of illegal drug trans-shipment by way of South Korea to third countries since 1998,[link widoczny dla zalogowanych], compared with six between 1993 and 1997. Compared with Southeast Asian countries such as Taiwan and Myanmar,[link widoczny dla zalogowanych], South Korea is considered a relatively safe place to traffic drugs.
Accordingly,[link widoczny dla zalogowanych], in a meeting to be held early in January 2002,[link widoczny dla zalogowanych], the prosecution is planning to map out countermeasures against drug trafficking in association with foreign investigation authorities including those of China,[link widoczny dla zalogowanych], Japan and the US. It will also intensify customs inspections on ships and airmail,[link widoczny dla zalogowanych], and utilize overseas human intelligence to get information on drug traffickers.
(Lee Myeong-jin,[link widoczny dla zalogowanych], [link widoczny dla zalogowanych])
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The first day featured presentations on job training and university education. Discussion sessions were also held between participants and their parents and the video of the Little People of America was shown.
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Wysłany: Śro 14:17, 07 Sie 2013 Temat postu: |
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National soccer team players Choi Yong-su, Song Jong-guk and Cha Du-ri will represent Coca-Cola,[link widoczny dla zalogowanych], the official sponsor of 2002 Korea-Japan World Cup.
Coca-Cola Korea announced Wednesday that the three players will star in the last three TV commercials in a series of four,[link widoczny dla zalogowanych], which will be aired from March 15 until June 30,[link widoczny dla zalogowanych], when the games end. In addition,[link widoczny dla zalogowanych], Choi,[link widoczny dla zalogowanych], Song and Cha will attend various promotional events hosted by Coca-Cola along with international stars, Luis Figo of Portugal,[link widoczny dla zalogowanych], Romario of Brazil and Thierry Henry of France.
Cha Du-ri will be featured alone in the second and the fourth commercial,[link widoczny dla zalogowanych], practicing for the Poland match and singing the national anthem with an audience,[link widoczny dla zalogowanych], and all three players will star in the third,[link widoczny dla zalogowanych], showing determination for victory in the locker room. Coca-Cola said that the second and the fourth ads will be shoot on February 21,[link widoczny dla zalogowanych], and the third on February 18 at studios in Bundang,[link widoczny dla zalogowanych], Gyeonggi Province.
(Kim Chol-hwan,[link widoczny dla zalogowanych], [link widoczny dla zalogowanych])
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The first day featured presentations on job training and university education. Discussion sessions were also held between participants and their parents and the video of the Little People of America was shown.
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Wysłany: Śro 16:11, 07 Sie 2013 Temat postu: |
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The decision by the Defense Security Command not to build its new headquarters building in Sogyeok-dong and instead move elsewhere is a courageous one, and is in line with the changing times. Now the Ministry of Culture and Tourism (MOCT) and the Seoul Metropolitan Government will both have to work with the DSC as it moves to a less central location in the city, and in the meantime must now decide how to put the land, part of the cultural area that extends from Sagan-dong to Insa-dong, to the best possible use. Careful attention must be given to assure that different organizations and government agencies don't insist only on their own designs for how the area should be used. It is hoped that a repeat of past mistakes will not be seen,[link widoczny dla zalogowanych], when the grandest of plans were announced for a certain area only to never become a reality.
MOCT has announced on several occasions plans for building a "cultural zone," and the governments of Seoul and other areas have talked much about grand plans for "streets of culture and art" and the like, but there are few success stories. Insa-dong would be a typical example. It was declared a special cultural zone,[link widoczny dla zalogowanych], but instead is losing its old style as it gradually becomes a place to eat,[link widoczny dla zalogowanych], drink,[link widoczny dla zalogowanych], and be merry. While doing nothing about this problem,[link widoczny dla zalogowanych], Seoul in the meantime is spending W7 billion to create a "historical exploration road,[link widoczny dla zalogowanych]," ripping up the pavement and causing inconvenience for everyone who goes there. The grand ideas about creating a "culture belt" in the central and southernmost parts of the country,[link widoczny dla zalogowanych], involving the building up of the cultural offerings of each area,[link widoczny dla zalogowanych], have yet to be pursued in concrete detail, though the plans themselves look nice. Some fifteen municipal and provincial governments have established plans for "cultural streets" of one kind or another,[link widoczny dla zalogowanych], but so far the results have always fallen far short of expectations.
It wasn't easy getting the DSC to move off this land and now that this valuable space is available, everything about its use should be made clear. The issue of who is in charge, what exactly it will be used for, and from then on plans must be pursued with consistency. One imaginable option would be to move the National Museum of Modern Art from Kwachon, where it sits in isolation without its own access road. Even if one doesn't quote the endless examples around the world where national museums and galleries are right in the center of the capital, this would be an entirely realistic plan by any means. It would be most ideal to spend a little budget on a new and fitting structure, but the masses can still enjoy new forms of art in the currently existing structures there now. If a new structure is built, it should be a fusion of artistic genres, one which that adjusts to changing methods of communication with the public and can serves the exhibition, performance,[link widoczny dla zalogowanych], and educational functions. The new museum location should be one where the audience participates and can relax in a cultural setting in the center of town.
If it is an art museum which replaces the Defence Security Command headquarters, then the area extending from Pukchon through Insa-dong, Piwon, and Dongsung-dong will naturally form a "culture belt" in downtown Seoul. Instead of stopping at grand plans and ideas that stay on paper, there needs to be serious institutional and financial support for the plan that will now begin to come to life. "Cultural streets" must respect neighborhood characteristics and the people who live there, but they also must be relevant to the greater public and to tourists. They should be places where you can go any time of the day, and day of the week, and expecting to see an event and eat and shop. The DSC's move will have the symbolic effect of waking people up to the culture of thinking about what is culture,[link widoczny dla zalogowanych], and is the beginning of a new era where culture has a bigger voice.
(May 13,[link widoczny dla zalogowanych], 2000)
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[link widoczny dla zalogowanych]
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The first day featured presentations on job training and university education. Discussion sessions were also held between participants and their parents and the video of the Little People of America was shown.
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Wysłany: Śro 18:11, 07 Sie 2013 Temat postu: |
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By increasing the empathy,[link widoczny dla zalogowanych], you will feel closer to your customers and this way of communication will bring you more closely to your new customers and potential buyers. Supporting each other will involve visualizing and planning your goals until you might be able to attain all of them one by one. Whether toward charitable goals, political campaigns and in your own professional work,[link widoczny dla zalogowanych], you may go viral by just spreading your business/brand message, if you have big dreams, interesting ideas and the wherewithal to accomplish whatever you set your mind to for your product branding,[link widoczny dla zalogowanych], customized printed stickers and labels will help you out from all of these tensions. With solid advertisement which will be possible through brand labels and road banners and car bumper stickers, you will thrive your business affairs and then your media will the most effectual thing to circulate all of your business news,[link widoczny dla zalogowanych], ideas and messages. Domestic interests may also active to go viral though printed stickers. So take smart,[link widoczny dla zalogowanych], practical steps in both areas and you will be pleased with the results.
Your words and will be powerful and strong enough to convince the viewers if you put them into attractive colors and with promotional labels you can do it very easily. Yes listing a company to any of the promotional media is easy but to access such directions by using a solid advertising media is not an easy job, but by giving a little more time from you all busy plan bring you the right place which will make sure to increase the level of your profit and visibility. Yes you can manage your business visibility and can bring more eyes up to 75% more than before. Now after making a selection for the perfect match of company logo and brand message to get prints on printed items,[link widoczny dla zalogowanych], select sticker from all available types you want to place or use. Choose banners and posters for printing and designing along with your promotional message. Once you have done with all of your required message and selected printing item,[link widoczny dla zalogowanych], let you advertisement bring business deal, profit and more potential customers along with popularity you together with your efforts.
Author',[link widoczny dla zalogowanych];s Bio: ,[link widoczny dla zalogowanych];
By Chriss Cadman
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Make you business more and more visible by placing banners and posters on the busiest corners of the market. With printed stickers specially in the form of car bumper stickers and decals,[link widoczny dla zalogowanych], you will have ability to attract the attention of others even the you can cater the whole group at any corner with these printed lines on your bumpers. This printed message will go directly to your potential customers,[link widoczny dla zalogowanych], so please your direct and potential customers and allow them get complete updates of you, you can send your discount messages,[link widoczny dla zalogowanych], new packages and other related details in few minutes through your car bumpers and by placing your printed ad on these places will never cost you anything, on the other hand will reduce your expenditures to advertise. With a good and affective sticker design with your brand message, you will be the center of attention and your business will get energy of life in the form of more popularity rank. You will get deep most connection level and enjoy a high amount of business sale.
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The first day featured presentations on job training and university education. Discussion sessions were also held between participants and their parents and the video of the Little People of America was shown.
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Wysłany: Śro 20:46, 07 Sie 2013 Temat postu: |
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The size of scanned documents
the most common format for electronic records Portable Document Format is,[link widoczny dla zalogowanych]. It is widely used and easy to share and defend. Other options Tagged Image File Format and RAW image file are. Digital images also optical character recognition software can be processed,[link widoczny dla zalogowanych]. This text documents and digital photos will be closed,[link widoczny dla zalogowanych]. Once you can search for keywords in a document is a text document.
Electronic Document Management
once the documents are scanned, they need proper storage. It is common to them on the disk, but it drastically reduces their usefulness. At least, they should be supported at a remote location. A better solution is a electronic document management system for storing them. Makes it easier to find documents and management with special access to information. System at home or through a cloud computing service can be managed.
How do I scan?
The first step in getting the project scope of the project. A standard file box of 2500 pages per inch around the hold shelf holds about 200 pages. These projects can be estimated from a multiple of the average is more accurate, a number of pages per file to assess and compare the files to assess. For most companies do not choose to scan every piece of paper is saved. Company checks their data against retention schedule and is no longer necessary piece. Determine what is the most common and offer the greatest advantages of digital.
If you outsource the work to cut costs then you can take that step,[link widoczny dla zalogowanych]. Home to prepare for scanning and saving money. Also be judicious in what you choose to scan,[link widoczny dla zalogowanych]. If it is not likely to be needed in the future to save money late in a paper format. I hope now you have clear the concept of document scanning that how it works and how it is important,[link widoczny dla zalogowanych].
As a result of migration to paperless is easy to appreciate. Electronic records are easy to store and find. They can be shared,[link widoczny dla zalogowanych], so the cost of document storage, security,[link widoczny dla zalogowanych], dating back to the simple, easy to manage and are removed when necessary. However, it seems to rooms full of records daunting task to convert. Here are some basics you open an Office Document Scanning project is to start with.
Document Preparation
Production scanner auto feed letter and legal size documents are designed for. They are high-speed scans of 10,[link widoczny dla zalogowanych],000 pages an hour. Preparation process to remove all staples and bindings. Odd-size documents on standard paper tape. Photographs and documents in color should be treated separately. If documents are remounted after scanning.
By Joseph H,[link widoczny dla zalogowanych]. Hayden
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Author's Bio: ,[link widoczny dla zalogowanych];
A common solution to date for a scan. All scanned documents are scanned so far, young, old,[link widoczny dla zalogowanych], everything is only scanned when accessed. This solution reduces the need to slowly convert the old documents digitized.
The value of the scan
scanning a document project with existing staff or a scanning service can be outsourced. Decision is based largely on the size of the project. A few thousand pages or less, it is cheaper to work from home.
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The first day featured presentations on job training and university education. Discussion sessions were also held between participants and their parents and the video of the Little People of America was shown.
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Wysłany: Czw 3:20, 08 Sie 2013 Temat postu: |
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Korean prisoners in foreign countries could be headed home in the near future to serve out their sentences here on the peninsula,[link widoczny dla zalogowanych]. Justice Minister Song Jeong-ho announced Thursday officials are preparing a measure tentatively called the "International Transfer of Prisoners Act" to be submitted to the National Assembly's Legislation and Judiciary Committee,[link widoczny dla zalogowanych]. Song said the bill comes in an effort to guarantee the basic human rights of the socially underprivileged both at home and abroad,[link widoczny dla zalogowanych].
(Arirang TV)
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Also attending will be Professor of English and Creative Writing at the University of California, poet Gary Snyder, a Pulitzer Prize for Poetry winner in 1974, and English novelist Margaret Drabble.
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Wysłany: Czw 5:33, 08 Sie 2013 Temat postu: |
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The Ministry of Foreign Affairs and Trade announced,[link widoczny dla zalogowanych], Tuesday,[link widoczny dla zalogowanych], that the Korean and Chinese foreign ministers will meet in Beijing on Thursday to discuss subjects of mutual interest,[link widoczny dla zalogowanych], including the situation on the Korean Peninsula and the North Korean defector issue.
Minister Choi Sung-hong will express Seoul's gratitude to his Chinese counterpart Tang Jiaxuan for cooperation in allowing the 25 North Korean defectors who sought asylum at the Spanish Embassy in Beijing to go to a third country,[link widoczny dla zalogowanych], and will request Beijing to treat similar incidents in the future with the principle of "humanitarianism,[link widoczny dla zalogowanych]," and to respect the defectors' wishes.
(Park Du-sik,[link widoczny dla zalogowanych], [link widoczny dla zalogowanych])
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Also attending will be Professor of English and Creative Writing at the University of California, poet Gary Snyder, a Pulitzer Prize for Poetry winner in 1974, and English novelist Margaret Drabble.
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Wysłany: Czw 7:10, 08 Sie 2013 Temat postu: |
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Global mobile handset giants are out to conquer the one country that has given them the most trouble: Korea,[link widoczny dla zalogowanych].
Nokia,[link widoczny dla zalogowanych], the global leader in the manufacturing of the mobile sets, debuted its CDMA handsets in the Korean market earlier this month. Motorola,[link widoczny dla zalogowanych], the second largest in the world,[link widoczny dla zalogowanych], unveiled mobile sets for high-speed IMT-2000 on CDMA.
As a result,[link widoczny dla zalogowanych], the competition between the two global giants and Korean firms is going to heat up in the second half of this year. In the first half,[link widoczny dla zalogowanych], Nokia and Motorola sold a total of 34.09 million sets and 12.77 million sets each,[link widoczny dla zalogowanych], accounting each for 35.3 percent and 13.2 percent of the global market.
The two firms have been unable to make any serious dent into the Korean market,[link widoczny dla zalogowanych], overshadowed by Samsung and LG electronics. Nokia had once advanced into the Korean market with analog-type mobile sets back in 1995,[link widoczny dla zalogowanych], but withdrew from the market after being unable to find a niche position.
Motorola followed Nokia in advancing into the CDMA handset market in Korea,[link widoczny dla zalogowanych], but it has been surviving with about 12 percent market share.
The Norwegian firm took a radically new tactic to tap the Korean market: it outsourced the production of handsets to a domestic firm Telson Electronics to sell the units in Korea. In the past, the firm attempted to sell handsets made in the US.
Motorola has been putting its marketing activities in high gear recently for its product, called V.67, a CDMA 2000 version. One Motorola executive said that the target for the firm is to occupy the same market share as Samsung or LG by the end of this year.
The two Korean firms do not show much concern at the global giants' aggressive marketing in Korea,[link widoczny dla zalogowanych], but the two have been reorienting their marketing strategies in order to keep their market shares intact.
(Tak Sang-hoon,[link widoczny dla zalogowanych], [link widoczny dla zalogowanych])
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Also attending will be Professor of English and Creative Writing at the University of California, poet Gary Snyder, a Pulitzer Prize for Poetry winner in 1974, and English novelist Margaret Drabble.
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Wysłany: Czw 8:55, 08 Sie 2013 Temat postu: |
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The next generation surface-to-air missile project, SAM-X,[link widoczny dla zalogowanych], is stirring controversy it was reported Monday as while major military procurement projects chose suppliers through public tenders, in this case,[link widoczny dla zalogowanych], only the Patriot made in the US is being considered for the project. Therefore,[link widoczny dla zalogowanych], fundamental issues such as fairness, transparency and price negotiation are being questioned.
The military authorities started to receive proposals for the W2.4 trillion won procurement project last July but only proposals for the Patriot PAC-3 made by Raytheon Company were submitted. The military tried to encourage competition in the bidding process by soliciting Russian state arms company Rosvoorujeny that produces SA-300 missiles to participate by sending two letters to the company. However the Russian company did not respond making it clear that it was not interested. Therefore,[link widoczny dla zalogowanych], if the bid proceeds as is,[link widoczny dla zalogowanych], the Patriot Missile will be chosen as the second generation surface-to-air missile without any competition.
Aiming to replace the existing Nike missile defense system,[link widoczny dla zalogowanych], the defense ministry embarked on the multi-billion-dollar upgrade project at the start of the 1990 as Nike Hercules Missiles were more than 30 years old. The project moved into full swing in December 1998 when a Nike Hercules missiles detonated in Inchon. The military planned to buy 48 missiles by stages by the end of 2008 and alloted W20 billion for next year's budget. The military wanted missiles capable of intercepting ballistics missiles such as SCUD B/Cs and North Korea's Nodong 1 missile posed a serious threat to Korea's defense.
However,[link widoczny dla zalogowanych], some showed scepticism at choosing the Patriot missile pointing out that North Korea's SCUD B/Cs can reach South Korea within 6-8 minutes making it very difficult to intercept and during the Kuwait war, the Patriot's intercept rate was very low. In addition,[link widoczny dla zalogowanych], since the Korean military is developing mid-range surface-to air missile, K-MSAM, with an intercept capability,[link widoczny dla zalogowanych], spending exorbitant amount in buying the Patriot would be a waste. On this account, the military says the PAC-3 type is superior to the ones used during the Kuwait war and will be able to intercept North Korean ballistic missiles.
The military is opting for Foreign Military Sales where the US government will guarantee the price and quality of the missiles. However, some experts cautiously suggest that the military should postpone the project or change its bidding process. Military expert Ji Man-won said "If there is only one candidate,[link widoczny dla zalogowanych], the Korean military will be at a disadvantage in price negotiation. It is desirable to defer the project to a later date since the current Hawk missiles with 40 km range can cover most of the enemy attack and it is difficult to proceed on with various projects with limited budget." A weapons procurement expert also points out "such a major project should not be awarded by negotiated contract. This bodes ill for the project."
"Since SAM-X project puts more emphasis on increasing air defense capabilities than intercepting capabilities and since Japan, Taiwan,[link widoczny dla zalogowanych], China as well as North Korea possess either the Patriot or S-300,[link widoczny dla zalogowanych], the project should be proceed as is" says an expert at Korea Institute of Defense Analysis, a research group under the Ministry of Defense. A military official at the Republic of Korea Air Force says, "Long-range air defense system is essential in the modern day warfare against air-to-surface missiles because it provides a great deterrent against enemy planes. And only the Patriot and S-300 are capable of this."
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Also attending will be Professor of English and Creative Writing at the University of California, poet Gary Snyder, a Pulitzer Prize for Poetry winner in 1974, and English novelist Margaret Drabble.
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Wysłany: Czw 11:01, 08 Sie 2013 Temat postu: |
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The number of jobless in Korea stood at 1.028 million in March,[link widoczny dla zalogowanych], a drop of 93,[link widoczny dla zalogowanych],000 from February,[link widoczny dla zalogowanych], bringing the unemployment rate down by 0.6 percentage points to 4.7%. According to the National Statistical Office (NSO) Thursday,[link widoczny dla zalogowanych], the drop in the number of people looking for work last month was attributable to seasonal factors such as the advent of the farming season and the resumption of construction activities. The NSO said the number of jobless peaked at 1.78 million last February,[link widoczny dla zalogowanych], when the unemployment rate was 8.6%,[link widoczny dla zalogowanych], adding that the figure dropped as low as 971,[link widoczny dla zalogowanych],000 last November,[link widoczny dla zalogowanych], when the jobless rate was 4.4%.
The NSO pointed out that with seasonal adjustments, the March unemployment rate would be 4.1%,[link widoczny dla zalogowanych], which is the lowest level since the 4-% rate recorded back in January 1998.
The number of unemployed before the financial crisis hit in late 1997 usually hovered around the 500,[link widoczny dla zalogowanych],000 level,[link widoczny dla zalogowanych], and observers say it will take several years before such low jobless numbers to surface.
(Choi Sung-hwan,[link widoczny dla zalogowanych], [link widoczny dla zalogowanych])
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Also attending will be Professor of English and Creative Writing at the University of California, poet Gary Snyder, a Pulitzer Prize for Poetry winner in 1974, and English novelist Margaret Drabble.
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Wysłany: Czw 12:42, 08 Sie 2013 Temat postu: |
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Welcoming the new millenium,[link widoczny dla zalogowanych], Korean Christian leaders scattered all over the world are gathering together for a meeting on March 28-29 it was announced Friday. The "Korean Global Christan Leaders Meeting" will be held in Myongsung and Youngrak churches with 1,[link widoczny dla zalogowanych],500 participants including ministers,[link widoczny dla zalogowanych], preachers and ordinary lay people from home and overseas.
The meeting will feature a worship service at 2:00pm on the 28th,[link widoczny dla zalogowanych], followed by speeches and lectures from representatives in 14 countries. On the 29th,[link widoczny dla zalogowanych], a parade for peaceful unification will start the day,[link widoczny dla zalogowanych], with lectures and discussions to follow and a final worship service ending the meeting. The meeting is remarkable not only in size but because it will include prominent participants from both conservative and radical wings of the Christian movement,[link widoczny dla zalogowanych], such as Jung Jin-kyung,[link widoczny dla zalogowanych], Kang Won-yong and Cho Yong-ki.
(Lee sun-min,[link widoczny dla zalogowanych], [link widoczny dla zalogowanych])
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Also attending will be Professor of English and Creative Writing at the University of California, poet Gary Snyder, a Pulitzer Prize for Poetry winner in 1974, and English novelist Margaret Drabble.
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Wysłany: Czw 14:36, 08 Sie 2013 Temat postu: |
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Sales negotiations between the creditor banks of the insolvent Daewoo Motor and General Motors (GM) are expected to resume next week.
"We are reviewing the results of the first round of negotiations with GM over the sale of Daewoo Motor held in Hong Kong earlier last week. We expect to resume the negotiations once again next week,[link widoczny dla zalogowanych]," said an official of the creditor banks Tuesday.
Although the proposal made by GM remains undisclosed, it is reported that it does not deviate much from their original stated intention to buy only the profitable parts of the insolvent automaker.
The biggest issue at hand regarding the sales negotiation is whether GM will buy Daewoo's Bupyeong plant. Currently,[link widoczny dla zalogowanych], Daewoo's Bupyeong,[link widoczny dla zalogowanych], Gunsan, and Changwon plants, Daewoo Car sales and distribution,[link widoczny dla zalogowanych], Daewoo Capital, Daewoo Telecom, Boryung Plant, Poland FSO plant and 12 overseas production facilities and 25 distribution subsidiaries have been put up for sale by the creditor banks.
GM, however,[link widoczny dla zalogowanych], had said earlier that the company will buy only those plants and subsidiaries which it deems profitable. Moreover,[link widoczny dla zalogowanych], despite efforts by the government and creditor banks to include the Bupyeong plant in the buy list,[link widoczny dla zalogowanych], GM has said it will not buy the plant,[link widoczny dla zalogowanych], due to its outdated facilities and militant union.
It is reported that the government may have to lower the sales price of Daewoo Motor or give tax benefits to convince GM to buy the plant.
GM is expected to come up with an estimated figure for the purpose of signing a Memorandum of Understanding (MOU) first and determine the price once the company completes an asset evaluation.
It is reported that GM is likely to offer between US$2 billion to US$3 billion for Daewoo Motors,[link widoczny dla zalogowanych].
Apart form the price and the fate of Bupyeong plant,[link widoczny dla zalogowanych], it is reported that the credit banks will discuss the transfer of employees, sale of overseas subsidiaries and creditor banks' debt-to-equity swap ratio. Another issue are the tax benefits for the new company to be set up by GM after the sales.
The Creditor banks revealed that the signing of MOU could be signed this month,[link widoczny dla zalogowanych].
(Sunwoo Jeong, [link widoczny dla zalogowanych])
(Kim Jong-ho,[link widoczny dla zalogowanych],tellme@chosun.com)
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Also attending will be Professor of English and Creative Writing at the University of California, poet Gary Snyder, a Pulitzer Prize for Poetry winner in 1974, and English novelist Margaret Drabble.
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Wysłany: Czw 16:35, 08 Sie 2013 Temat postu: |
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The number of individual credit delinquencies has continued to surge as the result of increased spendthrift dealings on credit cards,[link widoczny dla zalogowanych].
According to the Korea Federation of Banks (KFB) Tuesday,[link widoczny dla zalogowanych], the total number of defaulted payments on credit card transactions reached 634,[link widoczny dla zalogowanych],983 as of the end of March,[link widoczny dla zalogowanych], up 8.5 percent or about 50,[link widoczny dla zalogowanych],000 cases over the end of last year.
The federation also noted that the number of businesses who defaulted on credit card payments also picked up about 600 during the three months' period,[link widoczny dla zalogowanych].
(Park Jong-sae,[link widoczny dla zalogowanych], [link widoczny dla zalogowanych])
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Also attending will be Professor of English and Creative Writing at the University of California, poet Gary Snyder, a Pulitzer Prize for Poetry winner in 1974, and English novelist Margaret Drabble.
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Wysłany: Czw 18:28, 08 Sie 2013 Temat postu: |
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While businesses across-the-board struggle to stay afloat amid the tough times the situation has been quite contrary for those related to the service sector with local banks serving up new products such as collateral-free loans to cater to an industry forecast to have great potential for further growth. In recent years the government and banks began to recognize the importance of the sector,[link widoczny dla zalogowanych], which is expected to create some 3.7 million jobs over the next 10 years and account for more than one half of the nation's gross domestic product.
According to a bank source the move is designed to ease the financial difficulties of service providers as well as help the service sector to create and offer more jobs and increase domestic demand. The government has already announced broader measures this month to promote the service sector by making more bank loans available and increasing investment,[link widoczny dla zalogowanych], since the nation's exports declined sharply over the past several months due to a prolonged slump in the world economy.
Bank officials anticipate that the large-scale funding to service firms will contribute to the nation's economic recovery by boosting domestic demand while stimulating investment and increasing employment,[link widoczny dla zalogowanych].
(Arirang TV)
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Also attending will be Professor of English and Creative Writing at the University of California, poet Gary Snyder, a Pulitzer Prize for Poetry winner in 1974, and English novelist Margaret Drabble.
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