National Archives | Be Korea-savvy

Archive by category National

New Virus Cases at Almost 2-month Low on Fewer Tests, Infections Slowdown

New Virus Cases at Almost 2-month Low on Fewer Tests, Infections Slowdown

SEOUL, Jan. 18 (Korea Bizwire) — South Korea’s daily new coronavirus cases rose by the smallest number in nearly two months Monday, apparently on the back of tightened social distancing measures and fewer tests over the weekend, but health authorities remain vigilant over potential upticks. The country added 389 more COVID-19 cases, including 366 local [...]

Discussions on Corporate Profit Sharing Heat Up amid Pandemic-driven Economic Polarization

Discussions on Corporate Profit Sharing Heat Up amid Pandemic-driven Economic Polarization

SEOUL, Jan. 18 (Korea Bizwire) — The ruling Democratic Party (DP) has set out to find ways to get lucrative companies to share some of their profits with small businesses vulnerable to losses amid the coronavirus pandemic, but it is facing vehement objection from the business community and opposition lawmakers. Last week, a DP task [...]