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Fashion Companies Join Competition over Premium Perfume

Fashion Companies Join Competition over Premium Perfume

SEOUL, Jan. 11 (Korea Bizwire) — South Korea’s fashion companies are jumping into making premium perfumes, driving head-on towards fierce competition. Handsome Corp., an affiliate of Hyundai Department Store Group, plans to open up a Liquides Perfume Bar in South Korea, an all-brand store for niche perfumes from France. The store plans to introduce some [...]

Q3 Overseas Direct Investment Rises at Steepest Pace in Nearly 5 Years

Q3 Overseas Direct Investment Rises at Steepest Pace in Nearly 5 Years

SEOUL, Dec. 17 (Korea Bizwire) — South Korea’s overseas direct investment rose at the fastest pace in nearly five years in the third quarter amid the global economic recovery, data showed Friday. South Korean companies’ overseas investments came to US$17.01 billion in the July-September period, up 58.2 percent from the previous year, according to the [...]

75 pct of Companies to Continue Remote Work Scheme After Pandemic: Poll

75 pct of Companies to Continue Remote Work Scheme After Pandemic: Poll

SEOUL, Dec. 16 (Korea Bizwire) — Most businesses that have adopted at-home remote work programs due to COVID-19 plan to continue the policy even after the end of the pandemic, a poll showed Thursday. In the recent labor ministry survey conducted on 620 businesses currently using remote work policies, 75.2 percent said they plan to [...]

Growing Number of Companies Introduce Wealth Management Programs for Employees

Growing Number of Companies Introduce Wealth Management Programs for Employees

SEOUL, Sept. 8 (Korea Bizwire) — As the MZ generation’s interest in money-making techniques grows, an increasing number of South Korean companies are introducing wealth management programs as part of their in-house welfare programs. Samsung Electro-Mechanics Co. received applications for participation in a free-of-charge financial consulting program for employees through its internal network late last [...]