| View previous topic :: View next topic |
| Author |
Message |
Real Reality
Joined: 10 Jan 2003
Location: Seoul
|
|
| Back to top |
|
 |
weatherman
Joined: 14 Jan 2003
Location: Korea
|
 Posted: Sun Dec 19, 2004 7:22 am Post subject: |
 |
|
| Yeah thanks to huge cheap government loans. |
|
| Back to top |
|
|
maneatinghorse
Joined: 27 Mar 2004
Location: Seoul
|
| Posted: Sun Dec 19, 2004 8:04 am Post subject: |
|
|
| weatherman wrote: |
| Yeah thanks to huge cheap government loans. |
No thanks to you though. |
|
| Back to top |
|
|
VanIslander
Joined: 18 Aug 2003
Location: Geoje, Hadong, Tongyeong,... now in a small coastal island town outside Gyeongsangnamdo!
|
| Posted: Sun Dec 19, 2004 8:06 am Post subject: |
|
|
That's Geoje Island baby!  The biggest concentration of shipbuilding of any municipality in the world.
Both Samsung and Daewoo shipyards, off the north and northeast coasts, the source of the islands material wealth most say, though I still say it's the beaches all around. 
Note: Outpacing Japan overall is no big feat. It's staying ahead of the surging shipbuilding explosion in China that concerns locals. They can seriously undercut on labour costs, and are doing so on many big dollar contracts, I've heard from my adult students who work at the local shipyards. |
|
| Back to top |
|
|
bucheon bum
Joined: 16 Jan 2003
|
| Posted: Sun Dec 19, 2004 9:26 am Post subject: |
|
|
| what's this? positive news from RR about Korea? Man oh man. |
|
| Back to top |
|
|
VanIslander
Joined: 18 Aug 2003
Location: Geoje, Hadong, Tongyeong,... now in a small coastal island town outside Gyeongsangnamdo!
|
| Posted: Sun Dec 19, 2004 4:38 pm Post subject: |
|
|
| bucheon bum wrote: |
| what's this? positive news from RR about Korea? Man oh man. |
I think it's a trick.
Now I can't say he always focuses on the negative.
Darn. |
|
| Back to top |
|
|
Dr. Buck
Joined: 02 Mar 2003
Location: Land of the Morning Clam
|
| Posted: Sun Dec 19, 2004 7:58 pm Post subject: |
|
|
The cut costs for sure! Just as some of the ABS ship inspectors for some stories.
Or ask the shipyard worker's family how much of a settlement they got after he was killed by a gigantic chunk of metal--less than 30 million. Life is cheap.
Van Islander--your cheerleading for Geoje Island is so tiresome. |
|
| Back to top |
|
|
hellofaniceguy
Joined: 10 Jan 2003
Location: On your computer screen!
|
| Posted: Sun Dec 19, 2004 8:06 pm Post subject: |
|
|
You best check out today's "korean herald." Back page, page 16. Hyundai Merchant Marine faces suspension of business over $1.3 billion U.S. dollars accounting fraud. Long article...but...we all know about business practices in korea...be it the street vendor or the big business.
Trying to be number and doing it honestly...is not the korean way. |
|
| Back to top |
|
|
mindmetoo
Joined: 02 Feb 2004
|
| Posted: Sun Dec 19, 2004 8:27 pm Post subject: |
|
|
| VanIslander wrote: |
| bucheon bum wrote: |
| what's this? positive news from RR about Korea? Man oh man. |
I think it's a trick.
Now I can't say he always focuses on the negative.
Darn. |
This is him in the christmas spirit. Or maybe he got laid last night and is now pro-Korea. |
|
| Back to top |
|
|
JongnoGuru
Joined: 25 May 2004
Location: peeing on your doorstep
|
| Posted: Sun Dec 19, 2004 8:41 pm Post subject: |
|
|
Just a word of clarification here.
Hyundai Merchant Marine, which are now up to their eyeballs in red ink and denials as Hellofaniceguy mentions, is a shipping line. HMM don't build ships, they sail them, and they are not a factor in making Korea No. 1 in shipbuilding as measured by gross tonnage.
Beyond that, perhaps RR takes heart in what VanIslander mentions as being Korea's No. 1 fear: the growing Chinese juggernaut!  |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
