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Sat, June 3, 2023 | 16:18
Conglomerates fear 'Choi-gate' fallout
The nation’s business community has fallen into dreadful anxiety as the prosecution steps up its probes into “Choi Soon-sil gate,” fearing that companies may be “hit by a stray bullet,” corporate sources said Monday.
Corporate Korea shrinks through prolonged business slump
In 2010, Korean businesses’ sales rose 15 percent from the previous year, but comparable sales growth slowed to 0.3 percent last year, Bank of Korea data showed Sunday.
Samsung sets dinner rules 'to prevent accidents'
From now on, Samsung Electronics workers should not press a drink _ not to speak of a “bomb shot” or boilermaker _ on their colleagues during office dinners.
70% of Koreans afraid of falling victim to hate crimes
Seven out of 10 Koreans feel anxiety that they or their family members could become the victims of hate crimes, a survey shows.
North's intervention in 'Choi-gate' would backfire, experts say
North Korea’s attempted interference with the internal affairs of South Korea with respect to the glaring scandal involving the South’s top leader has exceeded a tolerable level, experts said here Saturday.
Young people angered more by 'Choi Soon-sil gate'
Most Koreans are now seething with fury and frustration over a few close confidants of President Park Geun-hye unwarrantedly monopolizing state affairs and destroying the nation’s foundation itself.
Grim outlook grips Korean drug makers
The past year was a banner year for Korea’s pharmaceutical companies that rolled on with a series of new drugs and export contracts.
'Construction-boosted growth to bring about ill effects'
If policymakers push up economic growth rate through creating a building boom, that may appear good for now but its adverse effects will seriously hurt the economy later, a study showed Friday.
Workplace bullying leads to loss of 5 trillion won
Bullying at work costs 5 trillion won ($4.4 billion) a year in lost labor, a study shows.
Korean economy 'may follow example of Latin America'
Unless Korea sharply enhances its labor and corporate productivity and actively pushes for industrial restructuring, the nation could fall into the trap of a “crisis-recurring economic structure,” experts warned at a recent forum.
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