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S. Korean Tech Giants Tipped to Enjoy Rosy Q3 Earnings Despite Pandemic

S. Korean Tech Giants Tipped to Enjoy Rosy Q3 Earnings Despite Pandemic

SEOUL, Sept. 20 (Korea Bizwire) — South Korea’s major tech giants are anticipated to enjoy better-than-expected earnings during the third quarter, a poll showed Sunday, as they were able to save costs amid the global new coronavirus pandemic. Samsung Electronics Co. is expected to post an operating profit of 10.3 trillion won (US$8.85 billion) in [...]

Proportion of Women in High-ranking Gov’t Posts Reaches Record High

Proportion of Women in High-ranking Gov’t Posts Reaches Record High

SEOUL, Sept. 20 (Korea Bizwire) — The proportion of women among high-ranking officials in the central government has risen to an all-time high, a government report showed Sunday. According to the report on balanced personnel policy in the public sector, 7.9 percent, or 122, of 1,539 high-ranking civil servants in the central government were female [...]

Insurers Launch Policies for Autonomous Vehicles

Insurers Launch Policies for Autonomous Vehicles

SEOUL, Sept. 18 (Korea Bizwire) — South Korean insurance companies will start selling autonomous car-related insurance products from late this month, the financial watchdog said Thursday. The Financial Supervisory Service announced that the nation’s 12 non-life insurance companies will start selling new insurance products that can cover the risk related to accidents involving commercial self-driving [...]