AMCHAM Korea

AMCHAM Korea Meets with Director-General of Income and Corpo…

On December 11, the American Chamber of Commerce in Korea (AMCHAM Korea) hosted a roundtable meeting with Ko Gwang-hyo, Director-General of Income and Corporate Tax Policy Bureau of the Ministry of Economy and Finance (MOEF). Members of AMCHAM's Taxation Committee were in attendance to share updates and suggestions on various ongoing taxation issues that foreign invested companies are facing while doing business in Korea.

2019.12.11

AMCHAM Korea Hosts Industrial Meetings to Meet with DAUSTR B…

On November 21, the American Chamber of Commerce in Korea (AMCHAM Korea) hosted a series of industry meetings with Deputy Assistant U.S. Trade Representative (DAUSTR) Bryant Trick. Member companies representing industries including ICT, financial services, pharmaceuticals, chemicals, automobiles, aerospace and defense, and travel were in attendance to update USTR on various ongoing issues prior to USTR's bilateral meetings with the Korean government.

2019.11.21

AMCHAM Korea Led a Business Delegation to the 2019 Indo-Pac…

The American Chamber of Commerce in Korea (AMCHAM Korea) led a business mission to the 2019 Indo-Pacific Business Forum in Bangkok, Thailand from November 3 to November 4. The mission was focused on sharing with the countries in the region some of the best practices of strong U.S.-Korea business partnership, while learning about the challenges and opportunities for businesses in the fast-growing region of the Indo-Pacific. The business delegation from Korea, led by the U.S. Ambassador to Korea Harry Harris and AMCHAM Chairman & CEO James Kim, was comprised of some of the biggest and highest profile U.S. and Korean companies from AMCHAM, representing a wide range of industries such as digital, transportation, energy and infrastructure, finance, healthcare, aerospace and consumer goods.

2019.11.06

AMCHAM Korea and U.S.-Korea Business Council Lead Digital Ec…

The U.S. Chamber of Commerce’s U.S.-Korea Business Council and AMCHAM Korea led a digital economy business mission to Seoul, Korea from October 30 to November 1, 2019. The mission was focused on sharing policy priorities that will enable innovation and spur job creation, as well as allow U.S. firms to offer new products and services that increase data protection and digital security in Korea. Including over a dozen leading technology firms, as well as companies in the travel, financial services, manufacturing, and consumer goods sector, the delegation met with key committees of the National Assembly, the Ministry of Science and ICT (MSIT), the Ministry of Trade, Industry and Energy (MOTIE), and the Financial Services Commission (FSC).

2019.11.01

AMCHAM Holds Business Roundtable on Future of Autonomous Dri…

On October 29, AMCHAM held a business roundtable to discuss the future of autonomous driving at the Grand Hyatt Seoul hotel. Around twenty representatives of Korean and global companies and Sang-min Lee, four-term member of the National Assembly and Chairman of the Special Committee on Science and Technology, were in attendance to discuss concrete infrastructure and policy measures needed to promote autonomous driving in Korea.

2019.10.29

AMCHAM's Efforts to Promote Innovation in Korean Healthcare …

The American Chamber of Commerce in Korea (AMCHAM Korea) hosted the 10th AMCHAM Healthcare Innovation Seminar on Friday, June 14, at the Four Seasons Hotel Seoul. This year’s seminar was particularly special as it marked the 10th anniversary of the seminar’s establishment. Around 200 representatives from the Korean and U.S. governments, industries and academia gathered to share their insight through presentations and panel discussions under the theme of “People-Centric Healthcare: Towards Sustainability and Innovation.” The seminar aims to facilitate an open and constructive dialogue on innovation in the healthcare industry. In his congratulatory remarks, H.E. Kim Ganglip, Vice Minister of Health and Welfare, thanked AMCHAM’s efforts in paving the way forward for the cooperative relationship between the U.S. and Korea as well as the healthy ecosystem for the healthcare industry. He pledged to work closely with the private sector, who are on the frontlines of collaboration and innovation in the healthcare industry. George Noll, Counselor for Economic Affairs of the U.S. Embassy Seoul, highlighted the importance of deepened and improved relations between the Korean and U.S.’ governments and industries. He stressed that “Through cooperation with the public and private sectors, we can see the right stage for nurturing innovation and development which is important to all industries.” H.E. Min Hyung-bae, Presidential Secretary for Social Policy, delivered the plenary keynote presentation on Moon Administration’s policies towards an innovative and inclusive society. He elaborated on President Moon’s core policies on the healthcare and welfare system, which is to enhance the social safety net, create a lifetime healthcare management system, promote innovative growth and respond to low birth rate and aging society. He concluded the presentation by encouraging continued support of the people-centric healthcare system. The morning session included presentations and panel discussions with a panel comprised of Valery E. Gallagher, Deputy Director, Global Government Policy and Advocacy of Baxter, Young-Hak Kim, M.D., Ph.D., Member of Healthcare Special Sub-Committee, Presidential Committee on the 4th Industrial Revolution, Dong-Hee Kim, CEO of Philips Korea. They discussed the topic of “Building a Sustainable Healthcare Ecosystem for the Future.” During the afternoon session, the medical devices and pharmaceutical sessions covered the topics “Democratization of Healthcare” and “Sustainable Healthcare Plan for Innovation and Patients.”

2019.09.23