SEJONG, July 27 (Korea Bizwire) — Most multi-level marketing (MLM) sales representatives in South Korea earned no commissions based on their sales performance last year, data showed Wednesday. According to the Fair Trade Commission, the total number of MLM sales representatives in South Korea last year was 7.05 million, marking a 3.4 percent decline from [...]
SEOUL, July 27 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it will create a dedicated task force aimed at addressing low birth rate and child-rearing concerns. The dedicated team will develop a comprehensive support plan that covers the entire life cycle of employees, encompassing marriage, pregnancy, childbirth, child-rearing, and schooling. Notably, Hyundai is the first among [...]
SEOUL, July 27 (Korea Bizwire) — A South Korean YouTuber with around 1.34 million subscribers fell victim to a scam by a local police officer while traveling in India. FITVELY, a health YouTuber, recently shared on an online community an incident from his trip to India when he got detained by local police for allegedly violating [...]
San Francisco, July 26 (Korea Bizwire) – LambdaTest, a leading cloud-based unified testing platform has launched the second edition of its Testµ (‘TestMu’) Conference. The free online software testing conference is set to take place over three days, from the 22nd to the 24th of August. The conference will focus on the latest trends and insights in [...]
PHILADELPHIA, PA, July 26 (Korea Bizwire) — It’s been known since the 1960s that Epstein-Barr Virus (EBV) causes a variety of cancers, but research has overwhelmingly focused on its connection to lymphomas. Now, a multidisciplinary team of scientists led by The Wistar Institute has been awarded a more than $12 million National Cancer Institute (NCI) Program Project [...]
Airshare commits to ordering up to 20 additional1 Challenger 3500 super-midsize jets Order builds on previous commitment for up to 20 Challenger aircraft initially announced in May 2021 The best-selling Challenger 3500 aircraft continues to impress with its ultimate combination of refined cabin experience, proven reliability and top performance One of the fastest-growing private aviation companies in the United States, Airshare [...]
Zurich, Switzerland, July 26 (Korea Bizwire) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has been selected as preferred technology provider of SSEN Transmission and National Grid, to supply two high-voltage direct current (HVDC) converter stations to interconnect the Scottish and English power grids. [...]
SEOUL, July 26 (Korea Bizwire) – South Korea’s Hyundai Motor Co. on Wednesday raised its annual sales and profit guidance for the year after reporting a record operating profit in the second quarter on a weak won and robust sales of high-end models. Hyundai Motor projected its overall sales will grow 14-15 percent this year, [...]
SEOUL, July 26 (Korea Bizwire) – South Korea’s overseas aid agency said Wednesday it has partnered with its United States and Japanese counterparts to provide joint assistance to Ghana in improving the country’s public health care program. The Korea International Cooperation Agency (KOICA) said it has signed a memorandum of cooperation (MOC) with the U.S. [...]
SEOUL, July 26 (Korea Bizwire) — LG Display Co. reported fifth consecutive quarterly losses Wednesday as sluggish demand for smartphones, TVs and computers took a toll on its bottom line. The major panel maker reported an operating loss of 881.5 billion (US$689 million) for the April-June period, compared with a loss of 488.3 billion won [...]