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Although the German version of the Three Investigators starts with "Terror Castle," it continues through "Cranky Collector," then picks up with the "Crimebusters" series and continues on with German language originals from there. After her era ended several other authors continued to write in the series at the rate of two books per year. However, there are three stories set to be released in August ! This is inconceivable for those of us in the U. The T3I series is so popular in Germany that there are audioplays available of each episode, which are even more popular than thebooks.
In Marcus's opinion, the series nowadays appeals to the 20 to 30 old; the fans just grew with the series! For the "kids" there is the much critizised "Die drei Fragezeichen Kids"-series "The Three Investigators-Kids" , which is written for the year olds. Some of the German titles were translated into other European languages like Czech, Spanish or Italian. Some characters have other names than the original: There are three girls who frequent the series as well and more or less act as the girlfriends of the boys. They were all introduced in the "Crimebusters" series. Contentwise some episodes can be compared to the Crimebusters-era stories while others are similar to the early stories and is largely dependent on the author.
However, Marcus's web site does have pictures of several of the covers, and he's planning to add more illustrations as time allows. Below is a list of the German language original stories provided by Marcus. The list includes the German name followed by Marcus's rendition of the title in English. Ronny Schmidt, another fan of the German series sent me some additional information on the German books with yet more new titles.
They are as follows:. The EU is therefore looking forward to agreeing on a package of FTA amendments to further boost bilateral trade and investment, as agreed at the last EU-Korea summit in September In the meantime, the EU was also entrusted by its member states to discuss investment protection with its foreign partners.
There- fore, both sides intend to agree on relevant provisions in the future. Finally we must ensure that the benefits of the FTA are inclusive and do reach consumers, workers and small companies as well as large ones. One way to ensure this is through both sides remaining committed to an agenda that is forward-looking to continued liberalisation of sectors and industries and reduction of regulatory obstacles to trade, which will create new opportunities for growth for companies and better quality, more choices and lower prices for consumers.
The EU-Korea FTA has contributed ultimately to improving the life of citizens, creating jobs and increasing wealth in both parties, and it must continue facilitating this exchange. For all these reasons, I am convinced that the EU-Korea FTA has been a win-win agreement and I hope that the business communities on both sides will be able to seize the multiple future opportunities offered by the FTA.
I would like to encourage EU companies to strengthen their position on the Korea market where we still see many market opportunities. And we invite more Korean companies to discover the European market, and bring new products. Not only kimchi, ginseng, makkoli, and seaweed but also more Korean cosmetics and more high-tech consumer electronics to different member States. Sharkie Whether you are a multinational corporation, small-medium sized company or a brand-new startup, knowing which type of entity to set up in Korea and the minimum foreign investment requirements if any can prove to be a daunting task.
This piece will focus on what F. Whilst any potential foreign investor should contact directly or indirectly, via their legal representation either a bank or KOTRA to start the process, I recommend starting the process with a bank as it is they who will handle any incoming investment funds and open a corporate bank account. I shall therefore write this piece largely from a bank s perspective.
FDI Requirements Investment amount: It is important to note that an investor must meet both the amount and ratio conditions at the same time. Source of the investment fund: Any potential investor must also be aware that the investment fund must come from overseas via an inward overseas remittance hand-carrying is only available for indi- 8 KORUM Nr.
So in other words, if the investment funds are earned in Korea, they cannot be processed through the FDI notification procedure.
Foreign Investment Notification 1. Visit a bank branch in person in Korea with the required documents. Investment Fund Remittance Wire Transfer: When wiring the money, it is most important that you do not send the money to your personal Korean won bank account. This should be done with the remitter s name and not the company s name listed as the beneficiary. It is also advisable at this point to remit a little extra to cover any exchange rate fluctuations and inward remittance fees which may arise.
If you choose to hand carry the FDI funds into Korea, you must declare the funds when you enter the country at the customs office and then visit a branch with the documents obtained at the customs office to open and deposit the funds into a Foreign Currency Account.
At this stage you would visit a bank branch to set up your corporate account and register your foreign invested company. Register at Immigration With all the necessary documents now issued, a visit to immigration will be required to get the appropriate investment visa. For more information about these required documents, you may contact Immigration s English Call Center on Monday - Friday from 9 am - 12 pm and 1pm - 10pm.
Crowded with mobile and PC users the national stronghold of Samsung and blessed by robust wireless infrastructure, analysis from institutions like Master- Card Worldwide grades South Korea s mobile payments readiness less than satisfactory, although financial services and regulations are mature. Here we focus on why that is and what the government is doing to get it ahead. This maturity we speak of is a matter of interpretation.
David Woo of "TechforKorea. The trio represents identity verification protocols embedded in Internet Explorer IE , Microsoft Windows default web browser. The inevitable result is online transactions in South Korea done thru IE, according to Woo, take slightly longer than they should. This is because South Korea, together with Japan, are the only countries in the world where IE is the leading web browser! This contrast of a technologically-driven society with startling inefficiencies is apparent in the start-up scene too. Overall, when it comes to fintech South Korea is easily left behind by Singapore and Hong Kong, both city states that embrace free market values.
Although venture capital from around the world can find talent and great ideas in South Korea, when it comes to fintech the roster is a poor one. To date, the only established fintech players are Kakao Pay and Naver's "Happybean". Kakao Pay is an offshoot of KakaoTalk, a market dominant messaging service from Daum Kakao, which also launched "Bank Wallet Kakao" as a mobile payment service in November last year.
So far, Bank Wallet Kakao has attracted both national and multinational banks as partners. This allows partner banks to offer financials services and money transfers among mobile customers at the same time granting them access to Bank Wallet s user base. Happybean, on the other hand, is a funding portal by Naver, South Korea s top search engine.
Die drei??? und der Schatz der Mönche (drei Fragezeichen). Nach Alfred Hitchcock Other Popular Editions of the Same Title From Germany to U.S.A. Die drei??? - MC: Die drei Fragezeichen und, Cassetten, Bd Die sieben Tore, 1 Cassette: FOLGE (German) Audio Cassette. Be the first to review.
Small-scale fintech start-ups are still rare. The few noteworthy ones are payment transfer service Viva Republica, which was founded in Viva Republica is a bit of a dark horse in nascent Korean fintech. Its founder Lee Sung-geon is a dentist by training and his start-up s seed capital came from Silicon Valley rather than local VCs. When Viva Republica was featured in the national newspaper Korea Herald, Lee shared some of the pain Korean start-ups go through: Even more surprising, the better players in South Korean fintech are ventures by established financial institutions like My Shinhan Pay, an online payments portal from South Korea s most powerful bank.
In typical fashion, the biggest ripples in South Korean fintech were made by Samsung s acquisition of Boston s LoopPay earlier this month. Worse, homegrown champions have to contend against leaner tech giants like Alibaba s Alipay and even PayPal. Chinese firms like Tencent and Baidu are well-established and have no local rivals, providing loans and investment brokerage, respectively. The relative scarcity in fintech start-ups isn t surprising when its context is understood.
In South Korea s business landscape industrial giants and conglomerates thrive under government protectionism. A handful of major banks are favored as well and the regulatory environment for finance is daunting for entrepreneurs. While this arrangement made South Korea what it is today the 12th strongest economy on Earth it has its limits. Since , annual GDP growth hovered between 0.
As drew to a close with another disappointing quarter, the country s leadership rolled out specific measures for boosting homegrown innova- 10 KORUM Nr. On December , the Financial Services Commission published its Fintech Innovation and Financial Policy, which outlined the new benchmarks for making South Korea s fintech scene more competitive.
Die eigenverantwortliche Selbstbefreiung von negativen Emotionen. Prediction Market, 28th July Information and Instructions. Finally we must ensure that the benefits of the FTA are inclusive and do reach consumers, workers and small companies as well as large ones. EU investments in South Korea increased from The winner has the chance. Documentary requirements and workload involved may be the second.
The FSC s findings were hopeful. Giant technology firms are monopolistic by nature and so are giant financial institutions. Both can mix well. To hasten this process, the FSC eased regulations on financial transactions, simplified the notorious online payment system, and even launched a Council for IT-Finance Integration. The FSC s benchmarks are simple.
These span establishing an online bank, facilitate crowd funding, ease regulations, and allow online insurance sales. South Korea is admittedly a late bloomer, but if it can pull off a fintech turn-around it could probably vault a few rungs up the disruption scale and challenge the prevailing dominance of Singapore and Hong Kong. Korea Exchange and Eurex: Being the operator of cash and derivatives markets in Korea and only offering trading during Korean business hours, KRX s cooperation with Eurex let global banks and other financial institutions trade the KOSPI Options during European and American trading hours.
For Eurex, this cooperation was another major milestone in its strategy to extend its global product offering. Listing the most heavily traded options contract in the world on Eurex enabled international investors and traders to access the KOSPI Options after the Asian markets trading hours were over. Since the beginning, KOSPI Options on Eurex have surpassed several trading milestones and have been successfully established in the market.
Although regulatory changes in Korea have been challenging, the KOSPI Options on Eurex have maintained their consistent growth with major banks and other financial institutions interest and support. Bund, Bobl and Schatz. The extension of trading hours and access to the KOSPI Options through the Eurex platform had made a key contribution to further development and globalisation of the Korean derivatives market.
It will also create a favourable environment for domestic investors to trade foreign derivatives by reducing transaction costs and foreign exchange risk. The contracts have a multiplier of KRW 10, and have three quarterly contract months. Trading hours are from Position limits are 50, contracts for institutional and 25, contracts for retail investors. Liquidity was provided by eight market makers and 30 brokers participated in the trades. It will continue to provide market participants with more trading and hedging opportunities on both exchanges. Exodus in Financial Sector: Foreign Financial Companies leaving South Korea.
An increasing number of non-korean financial companies are leaving South Korea as the profitability of its financial industry is deteriorating due to regulations and low interest rates. For example, Barclays decided to do so early this year and Goldman Sachs and UBS have returned their banking licenses. Under the circumstances, the number of foreign financial companies branches in the country dropped from 57 to 46 between and last year. Experts point out that this situation could negatively affect South Korea s participation in global project financing and foreign currency procurement.
Doing banking business in South Korea is indeed a tough job because the rate of return compared to equity capital or asset value is extremely low, said an industry insider, adding, This structural low profit is driving foreign financial companies out of South Korea. I may be called another industry insider though I was not the one who was quoted.
I check each time especially for the changes planned to update the existing or the potential clients of the bank I work for. As far as the foreign exchange regulations for the corporate clients are concerned, I have not had any significant changes to report. I am not aware of the plans by the Korean regulators to open up the markets significantly further. As an employee for a German bank, I speak to the clients from Germany or other European countries most often, where the foreign exchange regulatory environment could be called the most open and free in the world as I experienced.
I find it tough to help them understand the Korean regulatory framework and tougher to relate about the practices and nuances. This could be a general case for a German or a European corporate executive looking at the regulatory environment of an Asian country but I may add that the expectation for Korea, an OECD country is at a higher level. They tend to be alarmed at the responses from a person like me that they are advised to be cautious and not adventurous in terms of approaching a regulatory question.
Korea may not be considered on its own only. From an international corporate client s point of view, Korea is one of the countries in Asia being compared all the time with Japan, China and many other countries. They tend to get regular updates on China especially on the foreign exchange and other changes in regulations. They also hear about the trend and the expected changes in the future.
Japan is a country where the funds can flow in and out of freely in general. Korea is between these two countries geographically and also in terms of deregulation. To be more specific: Many multinational corporate clients manage their liquidity position at global and Asia-regional level. You would like to use your cash in your pocket first before you ask a bank to borrow. If you have cash in Japan and are short in Singapore, you would first ask your Japanese entity to lend to the Singaporean subsidiary instead of going out for an external funding source. In practice, you would bring all the cash balances to a single center in Asia and distribute among your subsidiaries as required.
This is called cash pooling and is widely used in the European markets by the multinational companies. German or European executives in this country will typically hear that cash pooling does not work and see that many of his counterparts in other companies carved out Korea from their cash pooling map.
I myself also hear frequently about the so-called trapped cash in Korea and feel uncomfortable every time. Countries listed for that situation are not the ones Korea would typically intend to be grouped with. You may achieve a quasi cash pooling scheme including Korea under the existing foreign exchange regulatory environment.
As I checked, there have been not many international corporate clients in Korea setting up that mechanism to move cash into and out of the country. There could be various reasons why it has not been popular. Time and efforts required to study and implement may come the first. Documentary requirements and workload involved may be the second. The ceiling of 30 million USD in spite of all those could be one of the major show stoppers among all others. There are not a few multinational clients in Korea with the annual turnover of 1 billion USD and more.
I think this is one of the areas where they would like to hear about the future plans for changes. I heard from my predecessors that it used to be 10 million USD for a few categories but think it must have been quite some time back. I understand that this has been one of the most frequently raised wishes by the multinational clients in Korea.
Expectation could be the ceiling might go higher or that the numbers could be different among the corporate clients as per the size of the entity in Korea. The KRW is not an international currency and I do not think that it will be one in the near future. International corporations operating in and with Korea are in general aware and are advised about the legitimate uses of the currency as a non-resident. Though there were changes in the foreign exchange regulations during the past few years, I might not say that they were fully KORUM Nr. There are not a few cases that the advising bankers might be sympathetic to a broader way of interpreting the current foreign exchange regulations but have to advise the clients against it after reading the related clauses word by word.
Let s come back to the article quoted. There is certainly a tendency to leave or consider leaving the Korea market by the international financial institutions. As a person in industry, I would comment that each departure must be looked at differently and that each institution has its own reason to do so. Still, it is worrying as we look at the reduced number of the international players in Korea and at the general notion that Korea is a place tough to survive in. It may not be factually or statistically correct to say that it is a difficult to break even in Korea.
Many international banks and financial institutions are facing different headwinds regionally and globally. They are being asked tough questions by the internal and external stakeholders: Where can you reduce the cost and fold the businesses they may not justify on a longer term basis. Which country or region can you escape from not hurting the overall health and profitability? These will be the questions they ask themselves every day. In that context, countries consciously compete with each other in terms of inviting the international financial institutions and multinational companies and keeping them to their own country.
We see various rankings in the media and may ask where Korea stands in terms of attractiveness as a new destination or as an existing base. I think Korea may improve by enhancing visibility and transparency. Korea is a country heavily dependent upon international trades and is thought to stay that way. Discussion on ideas to help promote the international trades by changing the Korean financial market environment more accommodative and friendly will be constructive. Preparing for the more open markets, setting up conditions to take those measures and sharing with the existing and the potential market participants will also help.
Let s make Korea a little more attractive in the financial market map in the world. We fast-track the success of interna onal companies in Korea! More than half of the population lives in densely populated metropolitan cities like Seoul and Busan. Together, they make up a consumer group which spends a lot of money on education and cuisine. However, the slowdown of global and domestic economy as well as demographic changes is taking its toll on the consumer climate. Koreanische Haushalte hatten im Durchschnitt ein Nettomonatseinkommen von 3,39 Mio. Gleichzeitig steigt die Arbeitslosigkeit vor allem bei jungen Menschen stark an, auch die Altersarmut nimmt zu.
Denn der Anteil von Einpersonenhaushalten hat sich zwischen und mehr als vervierfacht. Dieser Trend wird sich in Zukunft fortsetzen. Es boomen Lieferservices und Fertiggerichte mit zweistelligen Zuwachsraten. In Korea gilt nach Aussage von deutschen Unternehmensvertretern das Prinzip: Was man sich leisten kann wird auch gekauft!
Der optische Eindruck eines Produkts war bisher oft wichtiger als seine Funktion. Koreaner haben als Kunden vor allem in punkto Schnelligkeit hohe Erwartungen. Und dieser Negativtrend setzt sich weiter fort. Won circa ,8 Mio. Ferner will die Regierung 7 Mrd. Halbjahr starten und dazu beitragen, dass koreanische Unternehmen ihre Technologiekooperationen in diesem Segment forcieren und gemeinsame Forschungsprojekte umsetzen.
Die genauen Details der Kooperation sind nach Angaben von Hyundai in den lokalen Medien aber noch nicht festgezurrt worden.
So wird die geplante Autobahn von Seoul in die Verwaltungshauptstadt Sejong als sogenannter "Smart Highway" konzipiert. Die koreanische Regierung hatte im November den Neubau der km langen und sechs Spuren umfassenden Strecke bekannt gegeben. Die Investitionskosten werden auf 6,7 Bill. Besonders beliebt sind Gesichtspflegemittel und Makeup. Auf der anderen Seite entwickeln sich die Branchenimporte nur mit moderaten Zuwachsraten. Die deutschen Lieferungen von Kosmetika nach Korea legten allerdings zweistellig zu.
Won circa 8,5 Mrd. Die Zahl der Hersteller hat sich zwischen und von auf Firmen mehr als versechsfacht. Ein Ende des Trends ist noch nicht abzusehen. Seit haben sich die Branchenausfuhren mehr als vervierfacht. Im Jahr setzte sich die Erfolgsstory nahtlos fort: Im Vergleich zu haben sich die Exporte dorthin verdoppelt. Korea hat sich mittlerweile in Asien fest als ein kulturelles Zentrum etabliert und gilt in vielen Bereichen wie Outfit, Medien oder Musik als Benchmark in der Region. Deutschland 36 3,3 16,0 Quelle: Deutschland konnte dabei als wichtigster Lieferant mit einem Importanteil von mehr als einem Drittel besonders profitieren: In accordance with such regulation system in Korea, issues have continuously arisen with regard to the inability to systematically control the safety of imported food.
Further, the level of anxiety concerning the safety of imported food has dramatically increased among the Korean public because more than half of the food consumed by Koreans are imported due to the substantial increase of importation of foreign foods. In consideration of the above, requests were made for the overall improvement of the regulation system regarding food safety control.
In response, the Special Act was enacted which enforces to advance register a foreign food facility. The Special Act has been effective as of February 4, In consideration of the fact that numerous foreign companies export foods to Korea, special attention shall be placed on the matters set forth below in relation to the details of the new regulation introduced in connection to the Special Act. In order to review whether the matter shall be subject to the regulation of the Special Act, the first and principal matter that needs to be determined is whether it is in fact an imported food.
The term imported food, etc. Therefore, any company with vested interest in the matter should conduct a careful and thorough review on whether the relevant imported food is included in the definition of imported food as defined pursuant to the Special Act. In addition, special attention should be placed on the fact that advance registration system of foreign food facility has been newly established as set forth in Article 5 1 of the Special Act.
Hence, a person who intends to import food, etc. For instance, a foreign food facility cannot be deemed to have completed the registration process by simply filling out information on the import declaration. Further, in case there are any foreign food facilities which have failed to complete the advance registration process, such facilities must register at this time.