The KABC Hybrid Korea Business Forum

Operating a Foreign Company in Korea in 2023

8.00am – 10.00am Thursday 15 June 2023 at the
Namsan Room 5, 2F, Grand Hyatt Seoul and Online Seminar Room (Zoom)

We are now in the final month of Q2 and can begin to estimate the GDP growth for the quarter and the year.  Governor Rhee of BOK gave an excellent summary of the state of the economy in mid-May when he continued to freeze the interest rate at 3.5% while suggesting that overall Korea will grow at 1.4% in 2023 with the full forecast given on May 25th which has some disturbing details and for the first time introduces two scenarios.

Our main discussion for June is to talk about how operating a foreign company in Korea in 2023 is different from the past based on the views of practitioners.  I have invited three guests to join in the discussion, Dr Lee of Korea Labour Institute who has recently given a good overview of the steps for labour reform which are proposed.  Jay Lee from Intel will talk about the issues of dealing with the new Korean government one year into the Yoon presidency and the third guest has not replied yet but would talk about the contrast between office bound workers and flexible workers who choose whether to work from office or home especially in relation to raising a family.  I hope we can have a discussion on generation gaps, employing older workers and the challenges of AI in the office place.  Other members will be adding their observations on other difficulties or successes of 2023 so we can consider a good housekeeping agenda for foreign companies in Korea.

​I am collecting ideas at the moment so please let me know if there is an issue you think we should discuss at this session.

Yours sincerely,

Tony Michell Ph.D
Managing Director, KABC Ltd.


    Name *:



    Email address* :

    Mobile Phone :

    Promotion code :

    Agreement* :


    ​I agree to the below collection and use policy of personal information.

    [Personal information collection and use policy]

    1. Types of personal information collected and purpose of use
    The types of personal information collected through this page and the purpose of use are as follows.
    1) Types of personal information to be collected: name, e-mail address
    2) Purpose of use of collected personal information: Information on Korea Business Forum and related events through e-mail, and delivery of related information

    2. Processing and retention period of personal information
    1) The Korea Business Forum retains and processes personal information within the period of retention and use of personal information agreed upon when collecting personal information from the information subject, or the retention and use period of personal information in accordance with laws and regulations.
    2) The retention period of the collected personal information is until the business processing specified in the purpose of use is completed, and the collected personal information is destroyed as soon as the business processing is completed.

    * Required

    Published On: May 31st, 2023 / Categories: Event, Korea Business Forum /

    The organisation that anticipates change and is always ready

    We are always awake, quickly understands information, and always thinks about and prepares strategies to respond to it.


    KABC has extensive experience in strategic studies, change management, and mergers and acquisitions.

    Learn more


    We regard ourselves as masters of Korean statistics which comes from macroeconomic as well as microeconomic work.

    Learn more


    KABC provides information services to foreign companies operating in Korea and foreign governments in Korea.

    Learn more


    KABC provides information services to foreign companies operating in Korea and foreign governments in Korea.

    Learn more