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No. of Holding Companies Surpasses 130 for First Time…FTC

No. of Holding Companies Surpasses 130 for First Time…FTC

SEOUL, Oct. 30 (Korea Bizwire) – The number of holding companies in Korea has exceeded 130 for the first time since 1999 when the holding company scheme was introduced. Even though large corporations with assets in excess of 5 trillion won were restricted by law to take advantage of the holding company structure as it constitutes cross-shareholding

No. of Water-saving Patents on the Rise for Past 5 Years…KIPO

No. of Water-saving Patents on the Rise for Past 5 Years…KIPO

SEOUL, Oct. 30 (Korea Bizwire) – As people across the world realize the finite nature of water resources, more water-saving patents have been applied lately. The per-person water consumption level in Korea is one of the highest in the world at 278 liters. This figure contrasts well with that of some developed nations such as Germany (150

Korean Lawyers Struggle to Get Decent Jobs

Korean Lawyers Struggle to Get Decent Jobs

SEOUL, Oct. 30 (Korea Bizwire) – The legal profession was once considered one of the highest paid and honored jobs in South Korea before the introduction of law school in 2009. Before the adoption of the law school scheme, students who want to be a lawyer should pass Korea’s bar exam and then successful applicants

POSCO’s Chemistry Test Labs Earn Recognition from Int’l Certification Agency

POSCO’s Chemistry Test Labs Earn Recognition from Int’l Certification Agency

SEOUL, Oct. 30 (Korea Bizwire) – The Pohang steel works of POSCO has been recognized for its test capabilities in the area of carbon steel chemistry by an international certification agency. According to the steel maker on October 29, the chemistry testing labs within the quality control division of Pohang Works were certified as one of the best

Seoulite Couple Needs 28.5 Years to Lease a “Jeonse” House

Seoulite Couple Needs 28.5 Years to Lease a “Jeonse” House

SEOUL, Oct. 30 (Korea Bizwire) – It takes 28.5 years for a newlywed couple to lease a “jeonse” apartment in Seoul, according to the Citizens’ Coalition for Economic Justice which analyzed data from Kookmin Bank, Statistics Korea and the Ministry of Employment and Labor. Houses in capital regions such as Gyeonggi Province and Incheon City take

Clara Picked as Second most Beautiful Woman in the World by Magazine Mode

Clara Picked as Second most Beautiful Woman in the World by Magazine Mode

SEOUL, Oct. 30 (Korea Bizwire) – Clara Lee was selected as the second most beautiful woman in the world. Lifestyle magazine Mode announced its World’s 100 Most Beautiful Women of 2014 on October 28. Model/actress Tania Marie Caringi in the Unites States took the first place and model/actress/singer Clara Lee in South Korea followed the

Girl’s Day’s Minah Becomes Rookie of Samsung Electronics

Girl’s Day’s Minah Becomes Rookie of Samsung Electronics

SEOUL, Oct. 30 (Korea Bizwire) – Minah, a member of K-pop girl group Girl’s Day, became a new employee of Samsung Electronics in a web-based drama “The Best Future.” In the web drama sponsored and produced by the Korean electronics giant, Minah acting as Mi-rae (meaning “future” in Korean) who was recently hired by Samsung

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