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10 of Korea’s Top 500 Listed Companies Achieved 94 Consecutive Profitable Quarters, Outperforming Samsung Electronics

10 of Korea’s Top 500 Listed Companies Achieved 94 Consecutive Profitable Quarters, Outperforming Samsung Electronics

SEOUL, Sept. 14 (Korea Bizwire) — Among South Korea’s top 500 listed companies, 10 firms, including Hyundai Mobis, SK Telecom, Korea Zinc and Shinsegae, have been profitable for 94 consecutive quarters.  However, among the companies that have sustained long-term profitability, several have slipped to losses due to the global economic downturn and the semiconductor market slowdown, [...]

Korean Companies Navigate Shifts in Telecommuting and Communication

Korean Companies Navigate Shifts in Telecommuting and Communication

SEOUL, Aug. 22 (Korea Bizwire) — While numerous global companies that adopted telecommuting over the last three years are gradually summoning employees back to a traditional office setting, South Korean enterprises are likewise scaling back their telecommuting initiatives, attributing the change to communication challenges. This situation has triggered varied responses among employees. Some assert that [...]

S. Korean Companies Join Earth Hour Campaign

S. Korean Companies Join Earth Hour Campaign

SEOUL, March 24 (Korea Bizwire) — South Korean companies are joining the Earth Hour campaign, in which people turn off the lights to raise awareness about the dangers of climate change. Hyundai Motor Co. announced that it will turn off all of the lights at company headquarters in southern Seoul for one hour on Saturday [...]

S. Korea’s Overseas Investment Down 5 pct in Q3

S. Korea’s Overseas Investment Down 5 pct in Q3

SEOUL, Dec. 27 (Korea Bizwire) — South Korea’s overseas direct investment fell 5 percent on-year in the third quarter of this year amid the prolonged COVID-19 pandemic, the finance ministry said Tuesday. The value of investments made overseas by South Korean companies reached US$16.61 billion in the July-September period, down from $17.48 billion a year [...]