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Daewoo International to Recruit for Saudi Arabia’s National Auto Industry

Daewoo International to Recruit for Saudi Arabia’s National Auto Industry

SEOUL, May 15 (Korea Bizwire) — Daewoo International held a job fair solely to recruit personnel for the establishment of a domestic auto industry in Saudi Arabia, said the company on May 14. Saudi Arabian sovereign fund PIF (Public Investment Fund) has launched a project in an attempt to establish a domestic automobile manufacturer, and [...]

Top Biz Groups to Expand Investment but Cut Hiring This Year: Survey

Top Biz Groups to Expand Investment but Cut Hiring This Year: Survey

SEOUL, Mar. 16 (Korea Bizwire) — South Korea’s 30 leading business groups will expand investment, but decrease new employment this year compared to last year, amid worries of increasing labor costs, a survey showed Monday. According to the survey by the Federation of Korean Industries (FKI) of the top 30 conglomerates in terms of assets [...]