Author Archives for UKTI South Korea 
NDS defends Korean market share with UKTI help
Here in South Korea, we work to provide a wide variety of research and tailored services for our clients, but that’s not the whole story. I thought I’d share this example of another kind of really important work we do.
Since 2002, NDS, a digital pay TV solutions provider, has invested over US$ 85 million in [...]
What would you expect from UKTI?
It’s always good to know what you’re doing is making a difference. We were thrilled recently to receive this piece of feedback from Kate Wright and Adrian Cronin. They are directors of a UK company, Isle of English, with whom we’ve been working closely. I’m sharing it with you in full not just because it [...]
South Korea: Conglomerates continue their evolution
One of the most striking features of the South Korean economy is the hugely important role played by its large conglomerates, or ‘chaebol’ in Korean. The chaebol are led in size by Samsung – which has annual revenues larger than the GDP of Malaysia. Last year Samsung’s flagship electronics division had a turnover greater than [...]
Smart, Social, Slow, Sell
I came across a short online report recently by SERI (the Samsung Economic Research Institute, one of South Korea’s most respected research centres). There are a few interesting predictions on economic growth here - and some pointers for British exporters - I’d like to share with you. SERI predicts four big trends in Korea for [...]
Renewables, shipbuilding & high-tech : South Korea gets smart
What’s been happening in South Korea recently, and what does this mean for UK companies? Since the 1970s, South Korea has been involved in overseas heavy construction contracts, mainly in the Middle East. That tradition continues, but now in the 21st century, the good news is that Korea has even more partner countries and diverse [...]
How we raised our profile in the South Korean Market
I am Principal at the British International Kindergarten’s Seocho Campus. With two campuses in Seoul, the British International Kindergartens offer a unique and prestigious educational experience to international families and the internationally minded. Britain and the British style of education have long been looked to as role models in the educational world, and we are [...]
Football in Korea - a different culture?
The differences in business culture between the UK and South Korea are well documented - are there similar differences in football? We went to the clash between arch North Asian rivals Korea and Japan to find out.
Like most of the 62,000 who went to the match, we travelled by metro - ticket price, the equivalent [...]
Why the EU-Korea FTA is a breakthrough for British business
It’s the first agreement between the EU and an Asian country, but that’s not the only reason why UK business should take notice.
First of all, the EU-Korea FTA (Free Trade Agreement), signed on 8 October 2010 in the presence of Korean President Lee Myung-bak and European Commission President José Manuel Barroso, is the most comprehensive [...]
Finding customers – are BRICs and CIVETS all important?
If countries aren’t a member of the BRICs or CIVETS groups does this mean that they do not have growth potential for your business? Not necessarily - the acronyms, created by economists, indicate the potential for market growth based upon various factors which can have a positive impact on your business. However, despite this growth [...]
South Korea - the future bright, the future’s green?
South Korea’s dramatic growth since the 1950’s has resulted in gross national income rising from under $100 to $20,000, and is set to reach almost $28,000 by 2015. This growth, centred on Seoul, is often referred to as the ‘Miracle of the Han River’. This has affected virtually all major industries including ICT, Life sciences, [...]



