SEOUL, July 30 (Korea Bizwire) — South Korea’s financial regulator said Sunday the English language service of its electronic disclosure system (DART) will be expanded starting next week as part of efforts to improve foreigners’ access to the country’s financial market information. The Financial Supervisory Service (FSS) said the updated DART will allow users to [...]
SEOUL, May 13 (Korea Bizwire) — An appellate court on Wednesday upheld a lower court’s ruling in favor of Samsung Electronics Co.’s bid to ban the government from disclosing sensitive work environment-related information. The Suwon High Court in Suwon, south of Seoul, said Samsung’s work environment measurement report, which lists toxic materials to which company [...]
SEOUL, Sept. 5 (Korea Bizwire) — The government on Thursday said it plans to introduce a system to make public the country’s wage distribution, for the first time, in December in a bid to narrow severe wage disparity among workers. The system is part of a set of measures worked out by the government and [...]
SEOUL, Dec. 24 (Korea Bizwire) — The government will mandate social enterprises to fulfill their disclosure requirements. Some of the social enterprises that turn out unviable through the disclosure process will be forced to close their business while the government stops providing subsidies in the form of salary support. The Ministry of Employment & Labor [...]