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Oxy’s Sales Halve in S. Korea Following Boycott

Oxy’s Sales Halve in S. Korea Following Boycott

SEOUL, Apr. 18 (Korea Bizwire) — Sales by Oxy Reckitt Benckiser, the South Korean unit of British household goods maker Reckitt Benckiser Group PLC, nearly halved over the past two years in the wake of widespread consumer boycotts, industry sources said Wednesday. Local civic groups launched boycotts as the company sold home humidifier sterilizers using [...]

Hongik University Station Top Location for Illicit Filming of Women

Hongik University Station Top Location for Illicit Filming of Women

SEOUL, April 17 (Korea Bizwire) — More than 80 reports of “molca”, the Korean word denoting the surreptitious filming of women’s bodies, came out of Seoul’s Hongik Univ. Station on Line 2, the subway station servicing the Hongik University neighborhood highly popular with foreign tourists and South Korean youth. Among the undesirable “top ten” subway [...]

GM Hints at Withdrawing Debt-for-equity Swap Plan for S. Korean Unit

GM Hints at Withdrawing Debt-for-equity Swap Plan for S. Korean Unit

SEOUL, Apr. 15 (Korea Bizwire) — U.S. automobile giant General Motors Co. hinted at possible willingness to withdraw the planned debt-for-equity swap for GM Korea Co., in an apparent bid to induce the state creditor to pump more cash into the financially-troubled South Korean unit, industry sources said Sunday. According to the sources, GM Executive [...]

Biz Group Says Disclosure of Samsung’ Workplace Environment Details Should Be Lmited

Biz Group Says Disclosure of Samsung’ Workplace Environment Details Should Be Lmited

SEOUL, Apr. 15 (Korea Bizwire) — A local business lobby said on Sunday the possible disclosure of Samsung Electronics Co.’s workplace environmental assessment report, which was demanded by former workers due to health concerns, should be limited so as to protect sensitive trade secrets. Former workers suffering from illnesses have been demanding the South Korean [...]

Infidelity Increasingly Blamed for Divorces

Infidelity Increasingly Blamed for Divorces

SEJONG, Apr. 15 (Korea Bizwire) — The number of divorces attributed to infidelity by spouses amounted to 7,528 in South Korea last year, accounting for 7.1 percent of the nation’s total 106,032 marriage breakups, Statistics Korea said Saturday. The number of divorces resulting from extramarital affairs, cheating and other acts of infidelity has steadily decreased [...]

85 Women Dead at the Hands of Significant Other Last Year

85 Women Dead at the Hands of Significant Other Last Year

SEOUL, April 13 (Korea Bizwire) — After analyzing reported incidents in the press, the Korea Women’s Hot Line has revealed that at least 85 women were murdered by their husband or boyfriend last year. In addition, 103 women were survivors of failed murder attempts by their male significant other. The deadly violence perpetrated against women [...]