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Major Foreign Companies in S. Korea See Sales Rise Sharply Despite Pandemic

Major Foreign Companies in S. Korea See Sales Rise Sharply Despite Pandemic

SEOUL, Aug. 17 (Korea Bizwire) — Major foreign companies in South Korea achieved robust results last year despite the COVID-19 pandemic, a corporate tracker said. CEO Score analyzed the financial results of the top 50 companies by revenue among the foreign limited liability companies that submitted audit reports. The combined revenue of the top 50 [...]

Foreign Businesses Earned More and Contributed Less Last Year

Foreign Businesses Earned More and Contributed Less Last Year

SEOUL, Aug. 27 (Korea Bizwire) — Foreign companies that earned considerable profits in South Korea last year were relatively indifferent to investment, employment, and other means of contributing to Korean society. Industry tracker CEO Score analyzed 43 foreign businesses included in last year’s top 500 companies in South Korea, revealing that their investment last year [...]

New Life Insurance Regulations Give Foreign Companies an Edge

New Life Insurance Regulations Give Foreign Companies an Edge

SEOUL, Aug. 23 (Korea Bizwire) — A report released on August 22 ranking the fourteen major life insurance companies by risk-based capital ratios showed four of the top five places occupied by foreign companies. Samsung Life Insurance held down second place with a 331.8 risk-based capital ratio (RBC), followed closely by Lina Life Insurance with [...]