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President Moon calls on US business community to support current KORUS FTA President Moon Jae-in addressed US businesspeople and financiers with a message stressing reciprocity amid South Korea’s conflicts with the US over whether to amend or withdraw from the KORUS Free Tra.. Fri, 22 Sep 2017 16:08:08 GMT
[Photo] Paris Baguette ordered to make direct hires An investigation by the Ministry of Employment and Labor has resulted in an order for Paris Baguette to directly hire 5,378 bakers who are working at its franchise locations throughout the country. P.. Fri, 22 Sep 2017 15:40:53 GMT
Samsung Electronics plummets in global CSR rankings In the space of a year, Samsung Electronics has fallen 69 places in the global Corporate Social Responsibility (CSR) ranking, which evaluates major companies from around the world. In this year’s rank.. Wed, 20 Sep 2017 18:17:06 GMT
South Korea sees biggest worldwide growth in exports in first half of 2017 For January to July 2017, South Korea recorded the fastest pace of growth in exports among ten major exporting nations. In WTO's latest monthly report on trade statistics, issued on September 16, So.. Wed, 20 Sep 2017 18:14:58 GMT
Audit reveals GM Korea taking out high interest loans from GM Holdings GM Korea borrowed money from GM Holdings, the automaker’s global holding company, at high interest rates of 4.8&#8211;5.3%, a report shows. GM Korea’s deteriorating financial structure has left it dog.. Tue, 19 Sep 2017 16:12:35 GMT
[Photo] Prime Minister Lee takes a virtual bobsled ride South Korean Prime Minister Lee Nak-yeon strapped on a virtual reality (VR) headset and experienced taking a bobsled ride on Sept. 18. The exhibition was part of the VR Festival being held at Nuritku.. Tue, 19 Sep 2017 15:45:55 GMT
Loss of public trust in big companies undermine calls for tax reform “Under the current 촘ㄷ and gift tax law, family succession is in fact impossible.” A second-generation chairman of one of the country's 30 biggest chaebol has said that although it is wrong for these c.. Sun, 17 Sep 2017 20:16:34 GMT
Samsung faces difficult choices over reforming owner-management model “We will reflect on the mistaken practices of the past and accept what has been said about Samsung . . . working to become a company that inspires trust and hope.” This was part of the open apology to.. Sun, 17 Sep 2017 20:11:56 GMT
Calls for government-led reform of chaebol gaining steam Samsung Electronics vice chairman was sentenced to five years in prison last month in his first trial on bribery charges. It was the first example of actual prison time for a member of the Lee family .. Sun, 17 Sep 2017 20:05:27 GMT
South Korea to push for liberalization of China’s services market As China’s economic retaliation for the deployment of the THAAD missile defense system in South Korea fuels a trade dispute between the two countries, the South Korean government plans to negotiate mo.. Thu, 14 Sep 2017 18:10:17 GMT
[Photo] Finding a job is like a war On Sept. 13, Statistics Korea released its August jobs report, which showed that the economy added 212,000 full-time jobs last month, a 0.8% rise from the year before. Meanwhile, youth unemployment r.. Thu, 14 Sep 2017 17:55:31 GMT
[Photo] Virtual currency trade on boards Bitcoin and other virtually currencies made their first appearance on the off-line stock exchange Coinone. Onlookers at S-Trenue Tower in the Yeoido district of Seoul watch the fluctuating market pri.. Wed, 13 Sep 2017 17:18:35 GMT
[Photo] McDonald’s issues public apology to family of girl stricken by McDonald’s Korea CEO Cho Ju-yeon issued a public apology on behalf of the company on Sept. 7, two months after the parents of a four year old girl sued the fast food chain. The girl’s mother, surnamed.. Thu, 07 Sep 2017 16:36:36 GMT
Trump targets automobile trade deficit in dispute over KORUS FTA Automobiles are the point of contention chosen by US President Donald Trump as he threatens to withdraw from the South Korea-US Free Trade Agreement (known as the KORUS FTA). Even though German and Ja.. Wed, 06 Sep 2017 18:08:49 GMT
High Court upholds FTC judgment against IT company Qualcomm A South Korean court declined the US information technology company Qualcomm’s request to suspend a Fair Trade Commission (FTC) corrective order over unfair contractual terms imposed on cell phone man.. Tue, 05 Sep 2017 16:38:18 GMT

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