nuloq

Posts

Issue

3.4% of Korea's Export Payments Were Settled in Won — What Is That a Share Of?

A plain-language explanation of what the 3.4% won settlement share in the Bank of Korea's finalized 2025 statistics is actually a share of. It also covers why the 2.7% and 3.4% shown in the table differ from the 0.8 percentage point change the Bank of Korea published, and how to keep the offshore won settlement system's target schedule apart from actual usage.

#economy#won internationalization#currency policy#trade settlement#Bank of Korea
Issue

The Incheon Coupang Warehouse Fire — How Far Does the New Warehouse Safety Standard Reach?

A plain-language explanation of which buildings the warehouse fire safety technical standard that took effect on January 1, 2024 applies to, and how. It also states that the 7,388 warehouse facility fires recorded nationwide in 2017–2021 were checked in a source repeating the National Fire Agency's release rather than in the agency's own page, and it does not conclude, without an investigation, that any particular site broke the rules or that its equipment did or did not work.

#safety#warehouse fire#logistics#Coupang#fire policy