SEOUL, Dec. 28 (Korea Bizwire) – South Korean companies are pessimistic about their business conditions in 2018 due to unfavorable factors at home and abroad, a poll showed Thursday. The business survey index (BSI) of the nation’s top 600 firms by sales came to 96.5 for January, unchanged from the previous month, according to the [...]
SEOUL, Jul. 9 (Korea Bizwire) — Women accounted for 1 out of 5 employees at South Korea’s top 600 companies as the country moves to take full advantage of talented workers irrespective of their gender, a local think tank said Sunday. The finding that excludes financial and insurance firms showed 22.6 percent of employees in [...]
SEOUL, Jun. 27 (Korea Bizwire) — High household debt and a possible capital flight following expected U.S. rate hikes pose major risks to South Korea this year, a local think tank said Monday. In a seminar held by the Korea Economic Research Institute (KERI) in Seoul, KERI Vice President Song Won-geun said faced with downside [...]
SEOUL, June 28 (Korea Biziwre) — A South Korean think tank downgraded the country’s economic growth forecast for 2015, citing weak exports coupled with the outbreak of Middle East Respiratory Syndrome, which has claimed 32 lives. The Korea Economic Research Institute said it has slashed the economic growth forecast to 2.7 percent for 2015, compared [...]
SEOUL, Aug. 22 (Korea Bizwire) – A technology to weave photovoltaic cells like the fabric has been developed by a research team in Korea. The Korea Electrotechnology Research Institute under the Ministry of Science, ICT and Future Planning said on August 21 that its research team led by Cha Seung-il and Lee Dong-yoon at the Nano Fusion Technology Research [...]