SEOUL, Nov. 6 (Korea Bizwire) – A new survey has revealed that seven out of 10 Korean companies believe extending the retirement age would create significant management challenges due to seniority-based wage systems, according to findings released on November 5 by the Korea Enterprises Federation (KEF). The survey, conducted by Research & Research on behalf of [...]
SEOUL, Oct. 19 (Korea Bizwire) — Facing protests for a better working environment, Starbucks Coffee Korea plans to hire a significant number of new employees and raise wages for managers and staff. The local unit of the U.S. coffee giant announced that it will recruit 1,600 new employees nationwide starting on Friday in addition to [...]
SEOUL, March 24 (Korea Bizwire) — The trend of ESG (environmental, social and governance) management is gaining momentum even in traditional industries like construction machinery. Construction equipment maker Doosan Infracore Co. is accelerating efforts to develop eco-friendly products to reduce carbon emissions after reshuffling the organization responsible for sustainable management into an ESG team in [...]
SEOUL, Feb. 16 (Korea Bizwire) — The fever of environmental, social and governance (ESG) management that is sweeping across the industrial landscape is emerging as a central issue even for the airline and shipbuilding industries. As part of efforts to reduce its carbon emissions, South Korea’s top full service carrier Korean Air Lines Co. decided [...]
Kennesaw, Georgia, USA, Sept. 30 (Korea Bizwire) — The board of directors of BrandSafway, a global leader in access and industrial services, has announced that Karl Fessenden has been named chief executive officer (CEO) and Christian Garcia will be the new executive vice president (EVP) and chief financial officer (CFO), effective mid-October. “We are pleased [...]
EDMONTON, Alberta, Sept. 18 (Korea Bizwire) – Radient Technologies Inc. (“Radient” or the “Company”) (TSX-V:RTI; OTCQX:RDDTF), a manufacturer of high quality cannabinoid-based formulations and products, announces its Board of Directors (the “Board”) is conducting a strategic review of the Company’s operations targeting a path to positive cash flow by evaluating costs and under utilized assets. Radient will [...]
SEOUL, Dec. 7 (Korea Bizwire) — One Korean company that currently operates a factory in Indonesia was pressured to set up a prayer room at its local factory site. This is because one of its global clients asked the company to practice corporate social responsibility (CSR) that takes into consideration the religious and cultural characteristics [...]
Stuttgart, Germany, Nov. 15 (Korea Bizwire) — Daimler Financial Services AG announced today that Klaus Entenmann, Chairman of the Daimler Financial Services AG Board of Management (BoM), will step down from his position in May 2019. This move allows a smooth transition to a new leadership team before his scheduled retirement in December 2019. The [...]
ROLLING MEADOWS, Ill., Aug. 28 (Korea Bizwire) — RF IDeas, Inc., a leading innovator and manufacturer of employee badge and credential readers for in-building applications such as computer access, identification and secure print, today announced the appointment of Menya Nsanzumuco as International Pre-Sales Engineer, effective immediately. Based in London, Menya Nsanzumuco will provide pre-sales technical [...]
TORONTO and NEW YORK, Jul. 9 (Korea Bizwire) — Tier1CRM (“Tier1”), a leading provider of cloud-based customer relationship management (“CRM”) solutions for the capital markets industry, announced today the hiring of Theresa Elamparo as its first Chief Marketing Officer. Elamparo will lead all marketing efforts supporting the expansion of Tier1’s unique brand and market position [...]