Do some Seoul searching and break it up
Japan has eased controls on exports of key chip manufacturing materials to South Korea – the first relaxation of strict measures introduced last month in an escalating trade war.
Industry minister Hiroshige Seko said today that Japan had granted its first approval for the export of material used in three high-tech components for making chips and displays.
The restrictions imposed in July over a row about Japan's wartime conduct.
Essentially, tensions escalated earlier this month after Korea was removed from a special "fast track" white list that oiled exports from Japan to 27 lucky countries.
It is the only country ever to have been taken off the list.
In recent years, foreigners invest in properties even though many people find the country challenging to navigate.
Also, the Financial Services Commission or FSC released a comprehensive set of mortgage regulations that applied to new mortgages loan applications from September 14, 2018.
Korea relies on the Chonsei system or key money deposits, along with government intervention, making a unique housing market.
The curb housing prices have anti-speculative measures or overheated speculative zones, which include Gwacheon, Sejong City, and Seoul.
The results have been positive with unsold houses that have gone from 123,297 units in 2009 down to 57,330 housing units in 2017.
Based on the statistical report of the Korean Statistical Information Service or KOSIS, the national housing purchase price index increased by 1.1%.
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Held in association with West Bengal Industrial Development Corporation (WBIDC), Logistics Colloquium is a forum for logistics players, policymakers, industry stakeholders, freight operators, and supply chain professionals from Eastern India.
He also raised the matter of competitiveness in the Logistics operation across the country which highlights the fact of cohesiveness between Rail, Port, roadways and inland waterways.
Dr Amit Mitra, minister in-charge, departments of Finance & Excise, IT & Electronics, Industry, Commerce & Enterprises, MSME and Textiles, West Bengal said “The Government of West Bengal has increased the infrastructure spend in the state by almost five times with an Rs1758 crores expenditure in 2011 going up to Rs9553 crores in 2019.
The Inland Water Transport World Bank project, the Roll on Roll off (RORO) project, the Amritsar Kolkata Industrial Corridor, the Asian Highway Project and the Kaladan Multimodal Project have put West Bengal and Kolkata on the logistical map."
Dr Mitra spoke elaborately about the Flipkart project that is operational in Bengal generating employment of around 6000 persons and the Amazon’s 6.2 lakhs square feet fulfilment centres.
Ashish Gupta, chairman, CII Logistics & SCM Task Force & managing director, TM International Logistics Limited (TMILL) said, The need of the hour is to formulate an integrated logistics policy.
