• International Commerce and Information Review
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• v.16 no.5
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• pp.67-86
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• 2014

The commercial arbitration is considered an effective and rapid means in solving problems and finding solutions for disputes between the business partners. For the development of commercial arbitration, there is a need to study arbitration in practice as well as in theory. This paper analyse the situation of commercial arbitration system in Pakistan both with respect to domestic laws and international laws applicable in Pakistan. The Arbitration Bill 2009 aims to consolidate law relating domestic arbitration, international commercial arbitration, recognition and enforcement of foreign arbitral awards as well as settlement of international investment disputes. Pakistan while defending investment claims and in order to restore investor's confidence, in 2011, Pakistan introduced a law to secure foreign investments. This study explains the relationship of old and new Pakistani arbitration laws and elaborates the changes brought about by the new enactments and gives a comprehensive analysis of Pakistani arbitration laws, rules and procedures dealing with arbitration agreements and awards. In the absence of relevant trade information in Pakistan, this paper is designed to meet the needs of a Korean international trade scholars to obtain an understanding of Pakistani commercial arbitration system quickly.

• Journal of Arbitration Studies
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• v.16 no.2
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• pp.3-49
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• 2006

The purpose of this paper is to make research on the settlement mechanism of the commercial disputes between the South and the North of Korea. Also, this paper is to make research on the south-north Korea's cooperative tasks to promote the disputes settlement, including the operation and management of the South-North Arbitration Commission as well as the enactment of the South-North Arbitration Rules. To realize the spirit of the South-North Joint Declaration of June 15, 2000, the Authorities concerned of the South and the North of Korea have reached an agreement titled 'Agreement on Settlement Procedure of Commercial Disputes' on December of the same year. As the follow-up measures of the said Agreement, the South-North Authorities have signed an another agreement called 'Agreement on Organization and Administration of the South-North Arbitration Commission' on October, 2003, which is becoming vital importance for settlement of the commercial disputes between south and north Korea including the Gaeseong Industrial Complex. Gaeseong, a city surrounded by the North Korean military and a symbol of inter-Korean tensions, is now turning into a peace zone where thousands of North and South Koreans are working side by side. The Gaeseong Industrial Complex project, driven by the logic and economic necessity of cooperation, has been steadily moving forward since the North designated it as a special economic zone and has enacted related laws and regulations for its development. Under the situation, the matter of primary concern is how to organize and conduct the Arbitration Commission for the prompt and effective settlement of the south-north commercial disputes. First of all, the South-North Authorities should recognize that the availability of prompt, effective and economical means of dispute resolution such as arbitration and mediation to be made by the Arbitration Commission would promote the orderly growth and encouragement of the south-north trade and investment. In this connection, the Korean Commercial Arbitration Board(KCAB) should be designated as the arbitral institution of the south Korean side under the Agreement on Organization and Administration of the South-North Arbitration Commission. The KCAB is the only authorized arbitral organization in South Korea to settle all kinds of commercial disputes at home and abroad.

• Journal of Digital Policy
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• v.1 no.2
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• pp.17-24
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• 2022

In China, the continuous promotion and coverage of scanning code payment has caused an imbalance in the coin market. Coin changers can not only alleviate this problem, but also affect the business development of commercial banks. Therefore, it is meaningful to study the coin changer. The purpose of this paper is to study the impact of coin changers on the business of commercial banks in China. Through on-the-spot visits and based on the manually collected customer data of Chinese commercial banks as the object, combined with the calculation method of financial indicators to conduct case analysis. The results of the study show that the coin changer has a positive impact on the business development of Chinese commercial banks. This paper provides feasible suggestions and new ideas for business development to Chinese commercial banks. At present, there are few related studies on coin exchange machines. This study combines the calculation of financial indicators to verify the policy results, which is the innovation of this study.

• Proceedings of the Korea Technical Association of the Pulp and Paper Industry Conference
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• 2006.11a
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• pp.193-199
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• 2006

Fruit bagging paper is used for protecting of fruits from insect and/or microorganisms. Generally, fruit bagging paper controled light, temperature and humidity and then it is used for good fruit color, size and taste. The physical properties of conventional(domestic and abroad) fruiting bag and wrapping paper were analyzed and compared to each other. And also, the optical properties of conventional(domestic and abroad) fruiting bag and wrapping paper were analyzed and compared to each other. The chemical additives and residual herbicide in conventional fruiting bag and wrapping paper were analyzed and compared to each other. The analyzed data was bench marked for developing water repelling paper and embossing paper.

• Journal of Korea Technical Association of The Pulp and Paper Industry
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• v.34 no.5
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• pp.86-92
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• 2002

The benefits of high performance retention systems have been long recognized by the paper maker. The inter-relation between chemical retention and drainage and their effect on paper production efficiency and paper quality is significant. The subject of this paper is a summary of recent studies comparing three microparticle programs made under highly controlled pilot and commercial paper machine conditions. The results presented in this paper suggest that, in addition to improvements in machine operation, the retention, drainage and formation program can have a marked influence on the paper quality. Improvement of the topographical characteristics of the base paper was observed when the microparticle was a colloidal borosilicate inorganic oxide.

• Journal of Power Electronics
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• v.12 no.1
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• pp.215-222
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• 2012

Lighting represents a significant component of commercial buildings, particularly office buildings. Fluorescent lighting is invariably used in all commercial, industrial and residential areas. A significant amount of lighting energy is wasted every day by leaving the lights on and not utilizing daylight energy. However, if daylight illuminance can be harnessed, this will reduce the electricity consumption of fluorescent lamps and save energy. This paper explains possible significant savings in lighting energy consumption and hence in costs, without reducing the performance and visual satisfaction in office or industrial buildings. It is proposed to obtain energy saving by reducing the supply voltage without degradation in lighting performance. Experimental results confirm that as much as 20% of electrical energy can be saved by reducing about 9% of the supply voltage, without noticeably affecting light output while complying with lighting standard limits.

• Transactions of the Korean Society of Automotive Engineers
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• v.16 no.5
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• pp.44-48
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• 2008

This paper describes on studies of the heavy duty engine calibration for better fuel economy based on real driving conditions. Using testbed validated software simulation of the engine and turbocharger system, an alternative turbocharger specification, with potential to improve fuel economy was identified. Secondly, the engine calibration was modified to optimize vehicle fuel economy over a typical customer drive cycle whilst still meeting the steady-state (testbed) emissions legislation. These results were confirmed by field testing of a vehicle equipped with the updated specifications. This study found good agreements between the prediction and the field test on the vehicle fuel economy improvements of the express bus with updated calibration and turbocharger.

• Journal of the military operations research society of Korea
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• v.27 no.2
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• pp.110-123
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• 2001

This paper deals with the application of commercial mobile communication system for improvement of the military mobile wireless communication systems. Currently, commercial mobile communication systems are rapidly growing from first and second Generation system to third and forth Generation system, which can provide multimedia service of high speed and high capacity(e.g., IMT-2000). If we adapt these emerging commercial technology for the military communication, the military will have many benefits in terms of cost saving, early operational deployment and performance. And it is possible to support the communication necessary in the future warfield operational environment. Therefore, we analyzed differences between commercial systems and military systems, and adaptability in terms of security, survivability and performance. Finally, we proposed a stepwise utilization scheme to improve the military mobile wireless communication

• Journal of the Korean Operations Research and Management Science Society
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• v.16 no.2
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• pp.51-51
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• 1991

Recently financial institutions in Korea are experiencing an unfamiliar challenge in terms of their operational risk management due to the volatility of global financial market and the incessant development of new financial products. In this paper, we present an AHP(Analytic Hierarchy Process) model to evaluate the effectiveness of commercial softwares for risk management in banking. The AHP model considers software's performance. utility, serviceability and durability as major evaluation criteria. The weight of each criterion is generated by the questionnaire survey given to practitioners in risk management in domestic commercial banks.

• Korean Management Science Review
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• v.16 no.2
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• pp.51-59
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• 1999

Recently financial institutions in Korea are experiencing an unfamiliar challenge in terms of their operational risk management due to the volatility of global financial market and the incessant development of new financial products. In this paper, we present an AHP(Analytic Hierarchy Process) model to evaluate the effectiveness of commercial softwares for risk management in banking. The AHP model considers software's performance. utility, serviceability and durability as major evaluation criteria. The weight of each criterion is generated by the questionnaire survey given to practitioners in risk management in domestic commercial banks.