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Big Companies Trim About 12,000 Jobs on Coronavirus

SEOUL, July 29 (Korea Bizwire) — South Korea’s large businesses have cut nearly 12,000 jobs in the wake of the coronavirus outbreak, a corporate tracker said Wednesday. According to data from CEO Score, the number of subscribers to the country’s state pension fund at 498 large corporations fell by 11,880 between February and June. The [...]

R&D Gap Between SMEs, Big Biz Widening: Think Tank

SEOUL, Jan. 13 (Korea Bizwire) – The gap in research and development (R&D) investment between South Korea’s small and medium-sized businesses and big companies is widening, a local think tank said Sunday, a development that can pose economic challenges going forward. The report by the Korea Small Business Institute (KOSBI) showed that while small and medium-sized enterprises [...]