SEOUL, July 9 (Korea Bizwire) – In the first half of the year, exports of agricultural products by NH Nonghyup increased by 16 percent to US$160 million, as markets for Korean mushrooms, tomatoes and ginseng products expanded. By product, mushroom exports skyrocketed 145 percent thanks to increased sales to North America, and strawberry exports were up [...]
SEOUL, June 8 (Korea Bizwire) – SK Hynix and its trade union introduced a new model for coexistence and cooperation with subcontractors by raising funds through the donation of part of their increased wages. On June 7, the world’s second largest DRAM chip supplier announced that it decided to implement the wage-sharing program to improve working conditions [...]
SEOUL, April 21 (Korea Bizwire) – NH NongHyup, the National Agricultural Cooperative Federation, began its second “Sintoburi” campaign to boost consumption of locally produced farm products. Sintoburi means “domestic farm products are best for local people,” similar to the locavore movement. As imported farm products take on increasingly important roles at Koreans’ tables, the consumption [...]
Seoul, Korea, April 14, 2014 (Korea Bizwire) – As NH Nonghyup Securities finalized its acquisition of Woori Investment & Securities and is set to be reborn as a behemoth, the securities industry is accelerating its pace of consolidation. Before Woori Investment, Tongyang Securities had been sold and now Hyundai Securities is looking for a new [...]