South Korea corporations Archives

Gov’t to Require Big Businesses to Release Corporate Governance Structure

SEOUL, March 21 (Korea Bizwire) — South Korea’s top financial regulator said Wednesday it will oblige big companies to make public their corporate governance structure in a bid to boost transparency for investors and shareholders. Starting in 2019, companies listed on the country’s main bourse with total assets exceeding 2 trillion won (US$1.86 billion) must [...]

Number of New Corporations in S. Korea Jumps 24.5 Pct in January

SEOUL, March 6 (Korea Bizwire) — The number of new corporations set up in January rose 24.5 percent on-year to surpass the 10,000 mark for the first time amid steady overseas demand for local products, government data showed Tuesday. The number of new corporations set up came to 10,041, compared with 8,064 tallied the same [...]