ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

South Korean graft law targets wine-and-dine culture

 (placeholder image)
Entertaining at restaurants and other venues is an important part of doing business in South Korea.   © Reuters

SEOUL -- Tough new South Korean rules governing presents to public servants aim to crack down on corruption and change gift-giving and entertaining practices long criticized as excessive. But many worry that reforms, if too radical, could lead to social turmoil and dampen consumer spending.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more