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Greenland Holding Group to Invest 600 Billion Won in Jeju Healthcare Town

Greenland Holding Group to Invest 600 Billion Won in Jeju Healthcare Town

SEOUL, Aug. 21 (Korea Bizwire) – Greenland Holding Group, a China-based business group, plans to invest additional 600 billion won, or about US$587 million, in the healthcare town in Jeju Island. Jeju Free International City Development Center (JDC) announced on August 19 that JDC and Greenland Holding signed a 600-billion-won agreement on the development of [...]

Hanwha E&C Wins Green Technology Certifications

Hanwha E&C Wins Green Technology Certifications

SEOUL, Aug. 15 (Korea Bizwire) – Hanwha Engineering & Construction holds its place as an environmentally friendly construction company with its “Green Certification” in both areas of the construction environment and the water treatment program. On August 13, Hanwha E&C announced that its indoor lighting system using natural sunlight, the super-insulated window system and membrane bioreactor [...]

Employment Permit Scheme for Foreign Workers Gets Mixed Reviews

Employment Permit Scheme for Foreign Workers Gets Mixed Reviews

SEOUL, Aug. 15 (Korea Bizwire) – Although the employment permit scheme for foreign workers has marked its 10th anniversary, it is still under debate between the government and human rights advocacy groups. The government said the system has worked well for improving the management of foreign workers, while the advocacy groups criticized that the system [...]

Koreans Comparing Themselves with Others Vulnerable to Conspicuous Consumption

Koreans Comparing Themselves with Others Vulnerable to Conspicuous Consumption

SEOUL, Aug. 14 (Korea Bizwire) – A report published by the Korea Development Institute found that those who are likely to compare themselves with other people are vulnerable to conspicuous consumption and have less satisfaction with their life. But this tendency could also make them donate more as a way to show off their generosity. The [...]