Korea Bizwire, Author at Be Korea-savvy | Page 51 of 176
S. Korea’s Business Community Hails Samsung Lee’s Suspended Sentence

S. Korea’s Business Community Hails Samsung Lee’s Suspended Sentence

SEOUL, Feb. 5 (Korea Bizwire) — South Korea’s two major business lobbies breathed a collective sigh of relief Monday as Samsung Electronics Vice Chairman Lee Jae-yong walked out of prison after serving nearly a year over a bribery scandal that led to the ouster of former President Park Geun-hye. The Seoul High Court had sentenced [...]

Academic Resilience of Disadvantaged S. Korean Students Drops

Academic Resilience of Disadvantaged S. Korean Students Drops

SEOUL, Feb. 5 (Korea Bizwire) – The academic performance of South Korean students coming from underprivileged backgrounds has retreated over the past nine years, according to the latest findings of the OECD. The percentage of youngsters belonging to the bottom 25 percent socioeconomic stratum who attained scores equating to level 3 or above on 2015′s [...]

Hyundai Motor’s Self-Driving Cars Succeed in Trial Run from Seoul to PyeongChang

Hyundai Motor’s Self-Driving Cars Succeed in Trial Run from Seoul to PyeongChang

SEOUL, Feb. 5 (Korea Bizwire) – Hyundai Motor Co., South Korea’s No. 1 carmaker, said Sunday its autonomous vehicles have succeeded in a test drive from Seoul to PyeongChang, an alpine town that is hosting the upcoming Winter Olympics. Hyundai has been expanding its self-driving vehicle program and plans to promote its technology at the [...]

KEB Hana, KB Kookmin Banks Suspected of Illicit Hiring

KEB Hana, KB Kookmin Banks Suspected of Illicit Hiring

SEOUL, Feb. 5 (Korea Bizwire) – South Korea’s two major banks are suspected of creating lists to give undue hiring favors to the families and acquaintances of influential figures, sources said Sunday. The Financial Supervisory Service (FSS) has recently filed complaints with the prosecution against five banks, including KEB Hana Bank and KB Kookmin Bank, [...]

Discount Store Chain E-Mart Top Recruiter for Past 5 Years: Think Tank

Discount Store Chain E-Mart Top Recruiter for Past 5 Years: Think Tank

SEOUL, Feb. 5 (Korea Bizwire) — E-Mart, South Korea’s biggest discount store chain operator, topped other businesses by recruiting the largest number of new employees over the past five years, a local think tank said Sunday. In a survey carried out on the country’s top 30 conglomerates’ affiliates which employ more than 300 people, E-Mart [...]