asset value Archives | Be Korea-savvy

Asset Value Rise Leads to Early Retirement of Senior Citizens: BOK Report

SEOUL, Feb. 9 (Korea Bizwire) — An increase in the value of assets owned by senior citizens results in a rise in the possibility of their early retirement, causing a decline in labor supply to the economy, a central bank report showed Wednesday. According to the report by the Bank of Korea, a 10 percent [...]

No. of Korean Super-rich with Assets over 1 Tril. Won Reaches 35…Chaebul.com

SEOUL, Aug. 10 (Korea Bizwire) – The number of Korean billionaires whose asset value is in excess of 1 trillion won (US$965 million) was 35 as of the end of July this year. According to Chaebul.com, the website tracking the performance of business groups and their owners (“chaebul” means conglomerate in Korean), based on a survey on [...]