Press coverage – October 24th

ap_thailand_asean_summit2_210_24Oct09

Leaders of Southeast Asian nations join hands during a group photo for the summit, at the beach resort of Cha-am, southern Thailand, 24 Oct 2009

 S.Korea’s influence in South East Asia increases

South Korea Rising : Philip Bowring’

 Korea’s role does become more influential.  On October 24th, New York Times columnist, Philip Bowring said that Korea’s official presence in the South East Asia region will be noticeable  and its impact is expected to be  significant. He mentioned that Asean states mostly welcome more outside participants in the competition expressing the concern of high dependency on China which can trigger another economic risk. See more from nytimes.com

 

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About FSC Korea
The Financial Services Commission has been established for the purpose of protecting the integration of Korea’s financial markets by promoting sound credit system and fair business practices. To this end, the FSC serves as a consolidated policy making body for all matters pertaining to supervision of the financial industry as a whole. To raise the efficiency, the posts of the FSC Chairman and the FSS Governor were separated on March 2008 for clear distinction between policy-making and execution of financial market supervision

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