Miracle on the Han River brief compared to other countries who experienced similar situations. Chaebol refers to corporate groups in South Korea, mainly run by families, that exercise monopolist or oligopolist control over product lines and industries. They can be compared with conglomerates of the United States and the Zaibatsu of Japan. Sometimes the Korean military itself is considered a chaebol. During the industrialization period of South Korea, President Park Chung-hee supported the rise of chaebol groups, facilitating the growth of these groups in order to trigger economic growth. Inside the operations of chaebol groups, there are many branches that family members control and operate.
Bangladesh–South Korea relations In South Korea, there are more than 13,000 Bangladeshi foreign workers in the country. A significant number of them are temporary immigrants. This has led to prejudice towards Bangladeshi expatriates, an issue recently tackled by the 2009 South Korean film "Bandhobi", directed by Sin Dong-il. Bangladesh–South Korea relations Bangladesh–South Korea relations Bangladesh is one of the many countries that has established diplomatic relationships with both the Koreas. Official diplomatic relations with the Democratic People's Republic of Korea (North Korea) was established in 1973. In 1974, South Korea opened its embassy in the capital Dhaka while her counterpart did so in