Backin 2013, Naver had shut down its open market service "Shop N" asdisputes arose over its infringement of business areas designated for smallenterprises. Now again, the open market industry is voicing opposition againstNaver's entry into the market.
Naverintends to expose the goods of sellers who have stores within the onlineshopping platform not only through Store Farm itself but also through itsportal service. Naver also plans to attach a "Good Service" icon to exemplaryStore Farm vendors.
Byleveraging its strength in shopping, advertising, and search services, Naverplans to actively promote the sales of goods within Store Farm. In response,the open market industry is criticizing Naver's plans, saying that this move islike an referee playing as a player.
The Public Officials Benefit Association (POBA) will select two global private credit managers to invest around $200 million in mezzanine debt via separately managed accounts (SMAs). POBA will allocate $100 million to each of two SMAs through two domestic investment&hellip
The Government Employees Pension Service (GEPS) will allocate $20 million to US dollar-denominated structured notes based on South Korean credit default swaps (CDS) and three-month US dollar LIBOR. It received proposals for the investment mandate by the afternoon of June 26.&hellip
Korea Investment Corporation (KIC) will open its third overseas office in Singapore as early as August in its push for alternative investments in Asia, according to a local newspaper report. The opening of a foreign office will come six years&hellip