HWANG & COMPANY

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Korea Report - July, 2009.

Topics.

²  President Obama designated July 27 as the Korean War Veterans Day.

²  FTA between Korea and EU concluded.

²  Lee Cham, German born media celebrity, appointed CEO of Korea Tourism Organization.

²  DDos attacks launched to government and major corporate offices in Korea and USA.

²  President Lee donated his wealth for the society.

²  Controversial media bill passed the parliament.

²  Government raised its alert level on the swine flu.

²  Government announced national program to reduce carbon emissions.

²  NK fired 7 short-range missiles and UN Sanction to NK strengthened.

²  2 Koreas failed to narrow the difference over Gaesung Industrial Complex.

²  Korea marked a record trade surplus in July.

²  KDB will split into a holding company and a policy body.

²  Korean conglomerates posted earning surplus in 2Q.

²  New law permits chaebol’s entry into banking sector.

²  POSCO expanding.

²  Kumho Asiana Group in trouble.

²  KOSPI enjoyed summer rally.

²  ON THE SPOT : Korean Shipbuilders.

²  KAMCO started to buy ships.

²  Daewoo logistics and Trans Pacific Carriers made a bankruptcy filing.

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Please open the PDF file for full report.