SEOUL, Aug. 18 (Korea Bizwire) – Owners of several large companies in South Korea received handsome compensation in the first half of the year despite corporate troubles, data showed Thursday, sparking criticism over their high pay. According to the data compiled by market researcher Chaebul.com, 237 executives of local companies received 500 million won (US$452,000) [...]
SEOUL, March 24 (Korea Bizwire) – Embattled shipper Hyundai Merchant Marine Co. is faced with a series of hurdles toward its normalization as some of its creditors oppose extending part of its maturing debts and its efforts to cut rates paid to the owners of chartered ships made little progress, industry sources said Thursday. According to [...]
SEOUL, March 21 (Korea Bizwire) – An embattled shipper, Hyundai Merchant Marine Co., said Monday that it has applied for self-rescue measures which need approval from its creditors, in a bid to put its business back on a normal path. In a regulatory filing, South Korea’s No. 2 shipper said “it filed for co-management with [...]
SEOUL, Jan. 16 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s largest auto parts maker and an affiliate of Hyundai Motor Co., said Friday it will invest about 450 billion won (US$417.8 million) to build a core parts producing plant in Mexico. Under a memorandum of understanding signed with the Mexican state government of Nuevo [...]
Two positive ideas meet, collide, and combine into a new, bigger idea. This is where true creativeness begins. It doesn’t matter if they seek different ways or have opposing aims. It is good as long as they are positive in their outlook on the future. Be positive more often and let more good ideas meet [...]