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Only 4 in 10 Children from Multicultural Households Enter University: Survey

Only 4 in 10 Children from Multicultural Households Enter University: Survey

SEOUL, June 28 (Korea Bizwire) — Only 40 percent of teenagers from multicultural families enroll in university, raising concerns that they are falling into the ‘low-education’ trap, a survey showed Monday. The Ministry of Gender and Equality conducted a nationwide survey of 15,000 multicultural households, in which only 40.5 percent of teenagers (age 9 to [...]

Finance Chief Calls for Corporate Restraints on ‘Excessive’ Wage Increase amid Inflation Woes

Finance Chief Calls for Corporate Restraints on ‘Excessive’ Wage Increase amid Inflation Woes

SEOUL, June 28 (Korea Bizwire) — Finance Minister Choo Kyung-ho asked companies Tuesday to refrain from excessively raising wages for employees as the move could further accelerate inflation. Choo made the request during a meeting with members of the Korea Enterprises Federation (KEF), including Sohn Kyung-shik, federation chief and CJ Group chairman, and Rhee In-yong, [...]

Samsung Electro-Mechanics Applies Advanced Treatment Process to Wastewater Effluent

Samsung Electro-Mechanics Applies Advanced Treatment Process to Wastewater Effluent

SEOUL, June 28 (Korea Bizwire) — Samsung Electro-Mechanics Co. is applying advanced treatment methods to the water it uses throughout its entire production process as part of efforts to protect the environment, the company said. The electronics parts maker purifies the water used at its Suwon plant in three stages. It manages the contaminant density [...]