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Colliers Announces Retirement of John Friedrichsen

Colliers Announces Retirement of John Friedrichsen

TORONTO, April 22 (Korea Bizwire) — Colliers (NASDAQ and TSX: CIGI) today announced the retirement of long-time executive and Global Chief Operating Officer (COO), John Friedrichsen, effective in the second quarter of 2021, during which time there will be an orderly transition of his COO responsibilities to other members of the company’s executive team. Mr. [...]

Coronavirus Prompts Changes to Traditional Retirement in Academia

Coronavirus Prompts Changes to Traditional Retirement in Academia

SEOUL, Feb. 25 (Korea Bizwire) — The pomp and circumstance of retirement ceremonies for university professors has changed significantly following the onset of the coronavirus pandemic. Many schools have either skipped ceremonies or held them online. It has become an even rarer sight for retiring professors to gather students to publish thesis compilations before they [...]

Army’s UH-1H Choppers Retired After 52 yrs of Service

Army’s UH-1H Choppers Retired After 52 yrs of Service

SEOUL, July 27 (Korea Bizwire) — The Army’s decades-old fleet of UH-1H helicopters are being retired this week, with South Korea’s homegrown multi-role chopper Surion replacing them, the military said Monday. The Army held a retirement ceremony, presided over by Aviation Operations Command Commander Maj. Gen. Kang Sun-young, commemorating UH-1H’s 52 years of service to [...]

Middle-aged S. Koreans Tighten Purse Strings over Fears of Unstable ‘Silver’ Years

Middle-aged S. Koreans Tighten Purse Strings over Fears of Unstable ‘Silver’ Years

SEOUL, Feb. 25 (Korea Bizwire) — A recent study has found that South Koreans in their 50s and older have cut spending due to anxiety over their income in their retirement years, contributing to the overall decline in the country’s propensity to consume. In a report released Monday, the Bank of Korea (BOK) analyzed the [...]