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atwood
Joined: 26 Dec 2009
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 Posted: Sun Nov 02, 2014 3:52 pm Post subject: |
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| saram_ wrote: |
Korea ranks 5th in the World as a country to do business in according to a latest report by the World Bank.
http://m.wsj.com/articles/BL-REB-28752
It can't be all that bad for foreign companies here.
Perhaps the problem is on the Tesco side.
Although the argument on Dave's maybe..
sure what would The World Bank know.. |
That poll was not about starting and running a foreign business, but just business in general.
Tesco's problem (and Costco's) in Korea is the inability to predict what the government is going to do regarding operating hours, overtime, etc.
Ikea has been negotiating for years to open a store in SK and still can't get it done.
Many international companies in SK appear to be joint ventures, such as Starbucks and Shinsegae. If they need a Korean partner, is it really that easy to start and run a foreign business here? |
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atwood
Joined: 26 Dec 2009
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| Posted: Sun Nov 02, 2014 3:53 pm Post subject: |
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| Steelrails wrote: |
| saram_ wrote: |
Korea ranks 5th in the World as a country to do business in according to a latest report by the World Bank.
http://m.wsj.com/articles/BL-REB-28752
It can't be all that bad for foreign companies here.
Perhaps the problem is on the Tesco side.
Although the argument on Dave's maybe..
sure what would The World Bank know.. |
President of the World Bank is of Korean descent. It's a conspiracy. |
When will you guys realize a link is not enough, that you've got to read and understand the article?  |
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optik404
Joined: 24 Jun 2008
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| Posted: Sun Nov 02, 2014 4:03 pm Post subject: |
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Just a FYI, Ikea's first store is opening next month. Not sure where, but I heard it's right outside of Seoul.
I'm going retro and recreating my college dorm years. |
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atwood
Joined: 26 Dec 2009
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| Posted: Sun Nov 02, 2014 7:08 pm Post subject: |
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| optik404 wrote: |
Just a FYI, Ikea's first store is opening next month. Not sure where, but I heard it's right outside of Seoul.
I'm going retro and recreating my college dorm years. |
The last I rad was that it was not opening because of the ongoing protests from local merchants. It had been announced that it would open in December but that's apparently not the case anymore. |
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Captain Corea
Joined: 28 Feb 2005
Location: Seoul
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| Posted: Sun Nov 02, 2014 7:40 pm Post subject: |
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| It's opening - I talked to people that are working there. |
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atwood
Joined: 26 Dec 2009
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| Posted: Sun Nov 02, 2014 10:29 pm Post subject: |
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| Captain Corea wrote: |
| It's opening - I talked to people that are working there. |
That's good news. Thanks. |
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Cave Dweller
Joined: 17 Aug 2014
Location: Seoul
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| Posted: Tue Nov 04, 2014 4:46 pm Post subject: |
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I agree. However, you got pwned by Kimchi Ninja.
| jazzmaster wrote: |
| Stan Rogers wrote: |
Yea and how many bankers went to jail and paid back all the money for the housing and banking collapses in the U.S.?  |
The point isn't that the US or other countries are free of greed or corruption. The point is that research has proven that greed and corruption are more prevalent in Korea.
Anyway, I wasted enough time on this site tonight. |
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