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Samsung Set to Lose Ground in Smartphone Market in 2018: Strategy Analytics

Samsung Set to Lose Ground in Smartphone Market in 2018: Strategy Analytics

SEOUL, Dec. 14 (Korea Bizwire) — Samsung Electronics Co. is forecast to lose ground next year in the smartphone segment, an industry tracker said Thursday, apparently due to the rise of Chinese manufacturers. Strategy Analytics said Samsung Electronics is expected to post a market share of 19.2 percent in the global smartphone industry in 2018 [...]

Tax Authorities to Zero in on Tax Avoidance by Multinational Companies

Tax Authorities to Zero in on Tax Avoidance by Multinational Companies

SEJONG, Dec. 13 (Korea Bizwire) – The government is introducing a new policy this month requiring multinational companies to submit integrated attribution reports, as part of a bid to tackle tax avoidance. The integrated reports submission system is in response to tax avoidance schemes employed by multinational companies such as the manipulation of transfer prices, the [...]

Gov’t to Cap Dust Emissions in 28 Cities and Counties

Gov’t to Cap Dust Emissions in 28 Cities and Counties

SEJONG, Dec. 13 (Korea Bizwire) – Starting next year, the South Korean government will put a limit on how much dust can be generated per site in 28 cities and counties across the country.  The Ministry of Environment will add “total suspended particles” to the list of substances for which emissions are currently restricted. Total [...]

Service Jobs in Retail Sector Offer Poor Work-Life Balance

Service Jobs in Retail Sector Offer Poor Work-Life Balance

SEOUL, Dec. 13 (Korea Bizwire) – At least half of the workers holding down service jobs in the retail sector have reported to work despite feeling unwell, a survey has found. Working while sick was one topic of discussion that was held among National Assembly politicians on December 13, during which the results of a [...]

Doctors Clash Over ‘Moon Jae-in Care’

Doctors Clash Over ‘Moon Jae-in Care’

SEOUL, Dec. 13 (Korea Bizwire) – South Korean doctors in the fields of Korean medicine and Western medicine are clashing over ‘Moon Jae-in Care’, an initiative to expand national health insurance coverage to include ultrasounds and MRI scans. In a statement, the Association of Korean Medicine, a group representing doctors of traditional Korean medicine, condemned doctors [...]

Arabic an Unlikely Ticket to University for Some Korean Students

Arabic an Unlikely Ticket to University for Some Korean Students

SEOUL, Dec. 13 (Korea Bizwire) – This year’s college entrance exams once again saw a so-called “Arabic Lottery Effect”, which describes test takers of “Arabic I” obtaining higher relative scores than those of other foreign language subjects despite having unimpressive proficiency. According to findings by Haneul Education Corp, which runs educational academies nationwide, if students [...]