SEOUL, June 30 (Korea Bizwire) — Representatives of South Korea’s labor and management have agreed to set next year’s minimum hourly wage at 9,620 won (US$7.41) in a 5 percent increase from this year, officials said Thursday. The Minimum Wage Commission, which is composed of nine members each from labor, business and the general public, [...]
SEOUL, July 13 (Korea Bizwire) — A national commission on Monday set next year’s minimum hourly wage at 9,160 won (US$7.98) in a 5.1 percent on-year increase. The Minimum Wage Commission, which is composed of nine members each from labor, business and the general public, struck the agreement around midnight during a plenary session held [...]
VICTOR, N.Y., Nov. 9 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it and E. & J. Gallo Winery have signed an Agreement Containing Consent Order with the Bureau of Competition of the U.S. Federal Trade Commission (FTC) regarding Gallo’s pending acquisition of a portion of [...]
SCHAUMBURG, Ill., Dec. 4 (Korea Bizwire) — NTS Ventures (NTS), a mycology and antifungal clinical research laboratory and International Health Management Associates, Inc./IHMA Europe Sàrl (IHMA), a full-service central clinical microbiology laboratory have announced a non-exclusive collaborative agreement that will provide the pharmaceutical industry with an extensive suite of mycology and antifungal testing services and [...]
SEOUL, Feb.19 (Korea Bizwire) – JYP Entertainment announced that it has signed an agreement with CMC (China Music Corporation), the online music giant, to provide digital music exclusively. The contract is said to be worth 5.25 billion won, which is around 10 percent of 2014 sales. JYP officials explained that they signed a contract to [...]