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Top 30 Biz Groups’ Hiring Grows 17 pct Over 5 Yrs

Top 30 Biz Groups’ Hiring Grows 17 pct Over 5 Yrs

SEOUL, Jan. 27 (Korea Bizwire) – The number of people working for South Korea’s top 30 major business groups has increased 17 percent over the past five years, well higher than the average rise of 13 percent for the corporate sector, industry data showed Wednesday, indicating that the conglomerates helped ease the country’s prolonged labor [...]

Top-10 Business Groups See Their Net Profit Tumble in 2013

Top-10 Business Groups See Their Net Profit Tumble in 2013

SEOUL, May 8 (Korea Bizwire) – As the financial results of Korea’s major corporations worsen, the corporate tax receipts paid by the companies have also shrunk. According to the Financial Supervisory Service and FnGuide, a financial information provider, on May 7, the 87 affiliate firms within the top-ten business groups posted the pretax net profit at 50.9 [...]