Korea Bizwire, Author at Be Korea-savvy | Page 19 of 118
Confucianists and Catholics Express Concern over Abolition of Anti-Adultery Law

Confucianists and Catholics Express Concern over Abolition of Anti-Adultery Law

SEOUL, Feb. 27 (Korea Bizwire) – Following the decision of South Korea’s Constitutional Court to repeal an anti-adultery law on February 26, some are downright angry with the decision, while others are expressing concern. Two Korean Confucianist organizations and a priest from the Catholic Bishops’ Conference of Korea (CBCK) shared their individual and organizational opinions on the [...]

POSCO E&C Faces Possible Investigation over Illegal Fundraising in Vietnam

POSCO E&C Faces Possible Investigation over Illegal Fundraising in Vietnam

SEOUL, Feb. 27 (Korea Bizwire) — POSCO E&C has confirmed to have exposed illegal fundraising of about 10 billion won (US$ 9.1 million) by executive members of the company’s Vietnam branch, on February 26. Judicial authorities are likely to launch a formal investigation, since Prime Minister Lee Wan-goo has ordered further examination of the case.  The company [...]

LG G FLEX2 Begins Global Rollout

LG G FLEX2 Begins Global Rollout

SEOUL, Feb. 25 (Korea Bizwire) ― With the world’s largest mobile industry event, Mobile World Congress (MWC), set to begin next week in Barcelona, LG Electronics (LG) today announced the global rollout of its eagerly anticipated curved smartphone, G Flex2. Major carriers in the United States, Hong Kong, Singapore, France, Germany and the U.K. will be [...]

Sales at S. Korea’s Discount Outlets, Department Stores Plunge in Jan.

Sales at S. Korea’s Discount Outlets, Department Stores Plunge in Jan.

SEJONG, Feb. 25 (Korea Bizwire) — Sales at South Korea’s discount outlets and department stores continued to drop from a year earlier in January, but the decline was largely due to a base effect from the Lunar New Year’s holiday, the government said Wednesday. In January, combined sales at the country’s three major discount outlet [...]

Korean Companies Afforested 43,000 ha in 8 Countries in 2014

Korean Companies Afforested 43,000 ha in 8 Countries in 2014

SEOUL, Feb. 25 (Korea Bizwire) — Korean companies afforested a total of 43,182 ha in eight countries last year. According to the Korea Forest Service’s report on February 24, these companies have contributed to reforestation in Indonesia, Cambodia, Myanmar, Vietnam, the Solomon Islands, New Zealand, Paraguay and Uruguay. The 43,182 ha figure was an increase of 23 [...]

Korean Employees Think of Themselves as Indispensable Assets

Korean Employees Think of Themselves as Indispensable Assets

SEOUL, Feb. 24 (Korea Bizwire) — Many Korean employees consider themselves as indispensable assets of their companies. According to job search company Byeoruk Sijang’s survey conducted on 1,124 employees, 76.4 percent of the respondents answered that they are irreplaceable individuals at their companies. The respondents also gave scores for their accomplishments at work. On a 100 point [...]