Join us on July 18^th back at the Hyatt again to talk about the chaebol.

We all know that the chaebol are a very important component of the Korean economy – but which chaebol are growing, which are declining?  Every year KBF makes a survey of the chaebol to look at the winners and losers and at some of the events which shaped their progress and those which will help to shape their future.  Last year KFTC classified 82 Korean business entities and this year named 88, collectively covering 3,318 companies within these groups.  These companies face limited restrictions but must report their activities.

The second smaller category which face further restrictions on investment between affiliates remain the same as last year, 44 with 2,213 of the total number of subsidiaries.   These do not include all the names you know and love since groups like Naver and Daum and Kakao remain below the threshold.  To be in the top 44 you have to have a turnover with is more than 0.5% of GDP (currently US$10.4bn or so at the KFTC exchange rate.)

Plot all 88 on one chart and you see that there are groups of chaebol at roughly the same income and our presentation looks at these different tiers to see if there are common fortunes or whether it is a coincidence

As usual we will have a quick take on the economy before we move to the main subject with a bit more about the government’s trickle down hopes to restart the parts of the economy which are hurting.

DATE Change  August’s KBF will be on Wednesday 21st of August.

Yours sincerely