SEOUL, July 12 (Korea Bizwire) — With the trend of saving even small amounts of money spreading amid the economic slump, South Korea’s major travel agency has unveiled new apps that pay users for walking. Hanatour Service Inc. announced on Tuesday that it launched the industry’s first step counter service, designed to provide rewards based [...]
SEOUL, Nov. 26 (Korea Bizwire) — South Korean internet-only banks are pulling out all the stops to attract new employees with competition intensifying in the industry. Toss Bank held a shareholder’s meeting on Thursday and decided to offer 600,000 shares in stock options to 30 management employees. The price of the stock options stands at [...]
SEOUL, Jan. 12 (Korea Bizwire) — A local medical workers’ union on Tuesday called for greater government attention to increasing financial compensation for frontline health workers fighting the coronavirus pandemic, saying insufficient remuneration for nurses, in particular, threatens the operations of public hospitals and other hub-hospitals for COVID-19. The Korean Health and Medical Workers’ Union [...]
SEOUL, Jan. 5 (Korea Bizwire) — The so-called ‘coparazzis,’ or paparazzi that report on COVID-19 quarantine violations to win rewards, are gaining presence. The government and local authorities recently introduced a new program that allows citizens to report on quarantine violations in exchange for rewards as an effort to keep an eye on businesses failing [...]
SEOUL, Jan. 13 (Korea Bizwire) – South Korea’s state financial watchdog said Friday it paid more than 120 million won (US$100,000) last year in cash rewards for helping punish violators of capital market rules. A total of 120.7 million won was given to five informers of such irregularities as stock price manipulation, unfair trading and [...]
SEOUL, Nov. 8 (Korea Bizwire) – The Ministry of Science, ICT and Future Planning announced Monday that 17 researchers from Kolmar BNH will be sharing 16.5 billion won ($14.4 million) in compensation for their dedication and hard work. Kolmar BNH was established in 2006 by the Korea Atomic Energy Research Institute and Korea Kolmar Holdings [...]