A battalion of enraged South Koreans protested last Saturday in Seoul, pushing Park Geun-hye to issue his official resignation as the country’s president.
Tags: South Korea
South Korea Exploring Potential Sanctions for Businesses That Fail to Meet Shareholder Return Goals
South Korea's market watchdog warned that corporations may be fined for failing to boost shareholder returns over time.
North Korea Continues to Secretly Send Vast Amounts of Artillery Shells to Russia for War, South Korea Says
North Korea has delivered millions of artillery shells to Russia, according to South Korea’s defense minister.
In South Korea, Companies Are Paying Workers up to $75,000 to Have Babies
Some companies in South Korea are giving employees up to $75,000 bonuses to have babies. Some companies in South Korea are giving employees up to $75,000 bonuses to have babies to help raise the country's declining birth rate.
South Korea Orders Protesting Doctors to Return to Work or Face Legal Action
South Korea has ordered thousands of protesting physicians to return to work immediately. South Korea's attempt to recruit more medical students has been met with protests by around 7,800 medical interns and residents, who have walked off their work this week.
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After facing the dilemma of its replacement units, Samsung is set to offer its South Korean Note 7 unit owners a low-priced upgrade for the soon-to-be-released Samsung Galaxy S8 or Note 8.
Anbang Insurance is acquiring Allianz’s operations in South Korea after dropping its offer to buy Starwood hotels. The deal is waiting for approval from South Korea’s financial regulator.
McDonald’s is planning to extend its fast food empire to Asia by opening additional restaurants in Hong Kong, South Korea and China. It is also seeking strategic partnership in Japan and Taiwan.
South Korean venture capital firms are eyeing overseas biotech industry to accelerate investment goals. At the sametime, tech startups in Korea also began to flourish.
McDonald's is about to launch its experimental outlet in Seoul, South Korea, with draft beer. The fast-food giant has taken its first steps to introduce the concept of beer with hamburgers in Asia, having added this beverage long time back in its German, French, and Spanish outlets. If the Asian people embrace this concept, McDonald's is ready to open up two more similar outlets in Gangnam and Sinchon.
Since her 2013 inauguration, president Park Geun-hye tried to enhance startups company and investing $3 billion. Now country starts to see the payoff of its initiative. One last hurdle is to change the people's mindset on entrepreneurship.
South Korean steelmaker POSCO announced a consolidated net profit, excluding minority interests, of 181 billion won for 2015, down from 626 billion won in the previous year.
The advancement of the internet in South Korea has brought some advantages as well as social issues. Internet addiction has been a concern in the country, and the government is helping to solve the issue with some programs, including rehabilitation camps.
South Korea’s Ministry of Environment will file criminal charges against Volkswagen AG’s Korean office head, citing that the car makers proposed plan falls short from the country’s legal requirements.
