SEOUL, Nov. 2 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts company, has announced a plan to institutionalize its work-from-home program as one of its official human resources (HR) policies. To cope with South Korea’s social distancing campaign designed to prevent the spread of the COVID-19 pandemic, the company launched the work-from-home [...]
SEOUL, Oct. 30 (Korea Bizwire) — President Moon Jae-in said Friday the government plans to invest more than 20 trillion won (US$17.7 billion) in electric vehicles and other areas of green mobility by 2025. The president announced the investment plan, part of the administration’s ambitious Korean New Deal initiative, as he traveled to a manufacturing [...]
SEOUL, Oct. 30 (Korea Bizwire) — A long-standing debate over South Korean women participating in mandatory military service has rekindled following anticipation that the military will face a lack of personnel in 10 years due to the decreasing national population. The country should consider enlisting women for the military, experts argue, if it intends to [...]
SEOUL, Oct. 30 (Korea Bizwire) — Shameless parents who claim the wealth of late children they abandoned are angering the public. Such cases have been brought to light repeatedly but the National Assembly remains prudent when it comes to the revision of related laws. A total of five legislative bills designed to block such shameless [...]
SEOUL, Oct. 28 (Korea Bizwire) — Samsung Group, South Korea’s top conglomerate, has ushered in a new leadership following the passing of its longtime chief Lee Kun-hee, but daunting tasks lie ahead for the tech titan, from a possible governance structure change to fierce challenges from its foreign rivals. Lee, one of most influential businessmen [...]
SEOUL, Oct. 27 (Korea Bizwire) — The government is engaged in the final stages of discussion with related industries for approval of shared accommodation services for residents of urban areas. The talks, however, are stuck in a last-minute limbo as disputes have flared up over the government’s new regulations, which stipulate that such business may [...]
SEOUL, Oct. 26 (Korea Bizwire) — Following the recent deaths of several deliverymen and media reports on how they worked in a poor, extreme environment, more people are calling on delivery businesses to rein in excessive efforts to come up with ‘faster’ delivery services. Some consumers even vowed on social media to boycott early morning [...]
SEOUL, Oct. 25 (Korea Bizwire) — Samsung Group chief Lee Kun-hee, who died Sunday at the age of 78, has been recognized as a figure who led the tech giant to become the world’s leading player in the semiconductor and mobile phone sectors with his unrivaled insights. When Lee first took the helm of Samsung [...]
SEOUL, Oct. 25 (Korea Bizwire) — Lee Kun-hee, the architect of now South Korea’s top conglomerate, Samsung Group, had been making headlines in the country’s business, social and even political realms since taking over the helm of the business empire from his father for his offbeat approaches and business insights. Lee inherited the Samsung crown [...]
SEOUL, Oct. 22 (Korea Bizwire) — President Moon Jae-in said Thursday that the government will invest 10 trillion won (US$8.8 billion) into South Korea’s “smart city” project nationwide by 2025, as the country aims to become a global leader in the field under the so-called Korean version New Deal initiative. The government plans to supply [...]