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  Korea Report - May 2018
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KOREA REPORT – MAY, 2018.

TOPICS.

Trump nominated Pacific Commander Adm Harry Harris as new ambassador to SKorea [p.3]

Trade war initiated by USA spread around the world [p.3]


Revision of labor law on reduction in work hours with steep min wage hike kills SME [p.4]


K-pop BTS dream has become a reality, topping the Billboard 200 chart [p.5]


SKorea-US-NK talks in chronological order [p.6]


Trump announced Singapore for his unprecedented meeting with Kim [p.7]


3 US prisoners in NK released on 10th [p.8]


US and NKorean officials discussed issues related to agenda of the US-NK summit [p.9]


Kim Jong-un met Chinese President Xi Jinping twice for side support [p.9]


Presence of the US troops in SKorea is a crucial issue in upcoming high-level meetings [p.10]


The share of countrys trade to its GNI came to 84% last year [p.11]


SKoreas economy will keep a 3% growth this year [p.11]


Expert concerns capital outflow if gap between key rates of SKorean and USA widens [p.13]


Average annual salary at top 30 listed companies grew 2.6% on-year in 2017 [p.14]


Koo Bon-moo, chairman of LG Group, died on 19th at the age of 73 [p.15]


GM decided to set up its Asia-Pacific regional office in SKorea [p.16]


Elliott threatened to vote against HMCs corporate governance reform, as it did with SEC [p.17]


KOSPI shaken up and down by Trumps word on talk with NK [p.19]


Big 3 has kept their heads above the water in first quarter [p.20]


Sinokor MM signed LOI with SWS and Tianjin Xingang SB for Newcastlemax [p.24]


Korean offshore and shipbuilding industry is seeking another chance [p.25]


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