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The Korea Times

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The Korea Times

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People & Events

Sat, June 3, 2023 | 18:12

Koreans' creative desire is one big factor behind hallyu's success: Sejong Center CEO

Koreans' creative desire is one big factor behind hallyu's success: Sejong Center CEO

People around the world are eager to uncover the secrets behind the global success of hallyu, or the Korean wave. Multiple factors have contributed to its rise, but Ahn Ho-sang, CEO of the Sejong Center for the Performing Arts in central Seoul, picks the creative desire of Koreans as one of its biggest driving forces.

Dong Sun-hwa | 2022-11-23 13:40

Korean adoptee on journey into lost memories in birth country

Korean adoptee on journey into lost memories in birth country

It took more than 45 years for Linn G. Assersen to return to the land of her birth. For her whole life, whenever she was asked whether she wanted to visit Korea, she said no. Assersen always knew she was Norwegian and never felt a need to find her birth parents - or so she thought.

Jung Min-ho | 2022-11-16 17:01

Students honored for offering insights on MZ customers, ESG in economic essay contest

Students honored for offering insights on MZ customers, ESG in economic essay contest

The Korea Times awarded seven winners of its annual economic essay contest for university students, Tuesday, who wrote about one of two challenges faced by the finance industry - attracting tech-savvy Generation MZ, a Korean term referring to Millennials and Generation Z, as customers, and better implementing the principles of environmental, social and corporate governance (E...

Yi Whan-woo | 2022-11-15 20:57

Inside the minds of the MZ Generation

Inside the minds of the MZ Generation

Shristi TiwariPeople from older generations indeed see millennials as a generation with no grasp of reality and someone struggling to make ends meet. The older generation does not even consider Gen Z as an active part of the economy. But in a study done by Coldwell Banker Global Luxury in 2020, it was found that in the USA alone, the millennials and Gen Z had a combined spend...

2022-11-14 17:17

Economic Essay ContestHow ESG practices can help banks attract young customers

Data-driven subscriptions along with digitalization for personalized services

Data-driven subscriptions along with digitalization for personalized services

Venkatesan DhivyaAdvancement of crypto-currencies, big data and fintech innovations have captured the attention and imagination of customers. Roughly one in four Gen Zers and millennials now call a checking account from a digital bank their primary account. That is about double the percentage it was just nine months ago, according to a Forbes article published in 2021. This d...

2022-11-14 17:17

Economic Essay ContestThe finance of the future

Luring MZ Generation into banking

Luring MZ Generation into banking

Bastakoti AlokThe generation of young people born between 1981 to 2005 has witnessed unprecedented development in the field of technologies and digitalization of financial tools. The introduction of digital technologies in banking and financial markets has shifted from bank branches to digital banking, which can be a luring factor for young people because they are very techno...

2022-11-14 17:17

Economic Essay ContestThe finance of the future

Financial institutions should embrace ESG Software and in-house ESG frameworks

Financial institutions should embrace ESG Software and in-house ESG frameworks

Chong Hye-seung“Considering that a large share of company value is intangible and relates to future earnings, it is evident that risks and opportunities deriving from environmental and social trends are of great importance,” claimed Martin Hancock, previously chief operating officer at Westpac. Today, consumers are significantly conscious of and vocal towards sust...

2022-11-14 17:16

Economic Essay ContestThe finance of the future

How financial companies are to survive in the jungle of overflowing information

How financial companies are to survive in the jungle of overflowing information

Ju Young-jinA rapid overflow of unguaranteed information is what the MZ Generation ― a name referring to the millennials and Gen z ― is facing every day, every second. Born and raised during an era with improved standards of living and easy access to smartphones and technology, the MZ Generation has come to be very intimate with information of all types, especially online. Th...

2022-11-14 17:16

Economic Essay ContestHow ESG practices can help banks attract young customers

[Economic Essay Contest] The finance of the future

Economic Essay ContestThe finance of the future

In today's economy, it is crucial for financial companies to balance maintaining the current customers they have and alluring new loyal customers. In order for them to attract consumers from the MZ Generation specifically, there are a few factors financial companies need to have into consideration.

2022-11-14 17:16

Data-driven subscriptions along with digitalization for personalized services

Luring MZ Generation into banking

Financial institutions should embrace ESG Software and in-house ESG frameworks

[Economic Essay Contest] How ESG practices can help banks attract young customers

Economic Essay ContestHow ESG practices can help banks attract young customers

In this current day and age, one word can sum up the whole of society: competition. As the population grows, as more businesses form and as the sacred resources on Earth become more limited, businesses must constantly adapt and fight to last. So, in this competitive society, how can banks, specifically, attract customers and what are some strategies they can apply to gain mor...

2022-11-14 17:15

How financial companies are to survive in the jungle of overflowing information

Inside the minds of the MZ Generation

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