Korea Economic Institute "long-term investment, not daring ... system failure" Diagnostic

[South Korea's Choice Financial News Reporter] "Korea Development fell in the system fail situation if the government does not support themselves long-term-oriented investment drastic."

Around here SNU School of Economics professor argued thus said 'we need to create a virtuous cycle of large and small' in 'one go to South Korea's economic crisis, absolute, where' 2 Bank Hall in Myeong-dong, Seoul, Korea Economic Policy Institute organized a seminar.

Points to the overall economy, rampant short-term performance-based culture magazine said the side 'system failure'. Around here, Professor, small, and it allows the differential voting shares issued for venture companies to introduce drastic stock options lead to long-term investments, "it said 'The mergers and acquisitions (M & A) for stable management control ensures regulation is needed for existing businesses he explained.

Past governments, enterprises and 3 emphasized that "will need to be completed by the SMEs and venture companies target is changed by the lab technology validation step beyond the research and development (R & D) prototype 'For each system, joint research by a public research institute .

Also yihyeonhun Kangwon National University and Professor of International Trade spiral to another topic presenter cited the 'aging population' as one global megatrends. Yihyeonhun professor predicted it would be when the rising elderly population over the age of '65 to 10 percent annual economic growth rate to fall by 3.5% points, saying "Japan's progress to the level of South Korea's annual economic growth rate dropped to negative levels.

The seminar was held as an economic necessity for commitment to academic verification role in political elections. Gujeongmo Korea Economics President (Kangwon National University) is 'being produced in the various campaign promises in this election year political parties' opening remarks at the day said 'should verify the fidelity, feasibility and effectiveness of the presidential election economic promises' he said.

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FSC, FSS, investment advisory system reform briefing held

[Korea financial newspaper nine hyerin News] Korea Financial Investment Association (Chairman hwangyounggi) is March 03, 10:00 am Yeouido Financial Investment Association 3rd Floor Bulls hole in the financial investment industry executives, including the target to FSC, FSS joint investment advisory system reform briefing It announced that it held.

March last year, the government has announced a financial product advisory activation measures to support the efficient operation of the national wealth, is ongoing examination of the Legislation Amendment Act for the reorganization of the current system.

The presentation in the first will describe such IFA introduced, including investment advisory system reform highlights and investment become the first guidelines for the advisory performing describes the advisory best practices and requirements for advisory, registered in the FSS and procedures in the Finance Committee to be.

Following the introduction of this system in the Korea Capital Market Institute's report on the impact on the domestic capital market, securities companies, etc. is expected to also have time to introduce the advisory platform to support the overall investment advisory services advisors.

Anyone who is interested in investment advisory to attend the briefing and are available first-come, first-served basis on the day of admission. Industry insiders through this presentation will enhance the understanding of the investment advisory institutions, and expected to have the opportunity to explore the popularization of the central advisory wealth management services.



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Switch to LG Electronics Vice Chairman Cho Sung-jin 'wontop' system

[Korea ohahreum financial newspaper News] LG Electronics vice chairman Cho Sung-jin 3 wolen rise to de facto sole CEO.

LG Electronics will step down from the registered directors who led the smart phone business jojunho MC Company CEO (CEO) is one year.

Meanwhile, LG Electronics Business Division, but their participation in each Board of Directors and smell the president, vice-president of this Article in accordance with the reorganization and its personnel in accordance with the final decision is unloaded across all business sectors.

In addition, LG Electronics existing Board composition was blown to the winds of change.

According to industry sources, LG Electronics has 24 days to shrink the gardens of the Board of Directors to participate in the General Shareholders' Meeting held next month, 17 days to 7-9 people.

Jojunho president and general manager of the smartphone business plans focus on the turnaround of the business smartphone release the Board of Directors work.

Also it decided to re-elect Koo Bon-joon (Note) LG vice president and jeongdohyeon a registered directors. District Vice President, LG Electronics was the first time joined the Board of Directors last in 2011, Jung was elected president in 2010 who was vice president of registered directors.

LG Electronics official said, "There is a sense that one is strengthened, chief executive officer (CEO) Vice Chairman Cho Sung-jin of the system," he said.

In addition, he said, "it is not required to take a rapid decision to switch to self-represent as much as one can, CEO system was also adjusted to outside directors."

Vice President Joe kicked the arm is attached to the smartphone business to get through a painful finger of LG Electronics in LG grabbing the baton ilgwoon wontop 40 years 'consumer myth' from a school. 27 days is a situation that comes to paying for public chongryeok planned strategy G6 smartphone success.

He is a position to oversee all divisions of LG beyond their major field of consumer electronics. Household energy accumulated as a success story in, auto parts, but will take on a great responsibility to be reproduced in the smartphone business.

Industry, the official said Cho Sung-jin on whether "wontop system LG Electronics is interpreted as paving stones for competitiveness in a situation that did not find an answer in global markets such as smartphone business," said "Do you realize in a rebound of improving the innovation of Card Performance I would have predicted the success of wontop systems differ. "



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