“More business is done here in the sauna after a good round of golf than is ever done in meeting rooms,” says a senior manager at a top investment bank in Seoul, perhaps a touch wistfully, when Euromoney’s correspondent asks for advice on networking on a recent visit to Korea.
But those halcyon days of golf, sweat and handshakes could be over, or at least put on hold as long as the economic downturn in Korea lasts.
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