The economy is a complex system of production, distribution, and consumption of goods and services. Understanding how the economy works can be challenging, but it is essential for making informed decisions about personal finance, investing and public policy. This article will explore the fundamental ...
China’s Luxshare Precision Industry, originally a component supplier to Apple, started to build iPhones in 2021. Its display champion, BOE Technology Group, now makes some of the advanced OLED screens for iPhones, previously the exclusive domains of South Korean manufacturers. Chinese camera lens m...
The most basic ticket tier, Saver, earns the least number of Korean Air miles, is not eligible for seat upgrades and does not allow you to select your seat in advance. The highest economy fare, Flex, earns the largest number of Korean Air miles and offers seat upgrades; plus, you can ...
Before you can register your company in South Korea, you need to obtain a Business Registration Number (BRN) from the Korean government. You can apply for a BRN at the local tax office or online. Step 4: Register Your Company To register your company in South Korea, you need to submit ...
The Korean economy is heavily manufacturing based, with industries such as petrochemicals, refining, automotive, shipbuilding accounting for a large share of GDP. These manufacturers will need to shift to more sustainable power sources, which will not be easy, given that indust...
The current spree of FTAs by the UK government is part of its "Global Britain" strategy in its post-Brexit economy. The plan describes a tilt towards the "Indo-Pacific" region over the next decade to increase its geopolitical and economic influence. Here are some benefits ...
We’ll focus on the distance-based award charts for partners since there’s more opportunity to optimize using the partner award chart. The 2 award charts are for travel on: Oneworld partners Non-alliance partners (including Air France, Korean Air, Emirates, etc.) Here are the routing rules...
North Korea’s Economy The first phase of North Korea's economic development, following the division of the formerly unified kingdom, was dominated byindustrialization. This was a difficult task, considering the damage the country's infrastructure weathered during the Korean War. North Korea assumed...
Third, information and communications technology (ICT) industry maintains a stable growth trend and is expected to take the leading role for the Korean economy in the post-COVID-19 and the Industry 4.0 eras. The findings deliver that it needs to analyze how government expenditure responding the ...
As a socialist economy, Cuba has a primarily planned economy; around 88% of its labor force worked in state-owned enterprises in 2017, though that figure dropped to 64% in 2022.Cuba does not have a stock exchange, a crucial indicator of a capital-free economy. Cuba's Economy Toda...